Car sales in China declined 36% in April from a year earlier, the worst fall in more than two years, as weekslong anti-Covid lockdowns in parts of the country shutter factories, disrupt supply chains …
Monthly Archives For May 2022
China Covid-19: Shanghai residents frustrated as lockdown rules re-tightened
Residents were hopeful the lockdown was finally easing. Instead, the Chinese city has doubled down on restrictions after a brief period of loosening up.
‘China’s most handsome man’ to sue online critics who say he’s nothing more than an attractive face
A Tibetan herder once dubbed “China’s most handsome man” is suing online critics for defamatory comments suggesting that his looks are his only quality. Dingzhen Zhenzhu, 21, released a lawyer’s …
Beijing utilizes monetary policies to enliven economy
BEIJING: China is using its monetary policies nimbly to buoy the economy amid growing uncertainties here and overseas, a People’s Bank of China (PBOC) official said, adding that Beijing is able to …
Beijing tightens restrictions
Zhang Yanlin, deputy head of Shunyi district, said the new cluster mainly occurred in a data centre of the Beijing Rural Commercial Bank in the district. By 4pm on Monday, the district had identified …
Banking on Beijing
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Mixed Messages From Top China Leaders Feed Speculation of Split
Premier Li Keqiang’s warning of China’s “complicated and grave” employment situation on Saturday was particularly dire, even for someone who has sounded the alarm for months. But it was also notable …
Chinese brands help build nation’s strength
Brands embody the competitiveness of countries as well as the enterprises that own them. In recent years, Chinese brands delivered impressive performance in both domestic and international markets, …
China Covid-19 Lockdowns to Intensify Global Inflation Concerns
The lockdown in Shanghai will exacerbate global supply-chain pressures and inflation concerns, says Fitch Ratings in its latest Economics Dashboard. Restrictions imposed as part of China’s …
DEA zeroes in on China as fentanyl deaths soar
Materials used to make fentanyl are shipped from China to Mexico before flowing into the U.S., the Drug Enforcement Administration said.
U.S. Navy Transits Taiwan Strait After China Military Drills
A U.S. warship sailed through the sensitive Taiwan Strait on Tuesday, shortly after China carried out drills near the island and the second time in two weeks the U.S. military has transited the …
Defense & National Security — China ‘learning lessons’ from Russia invasion
Intelligence officials told lawmakers on Tuesday that China is watching closely how Russia’s war in Ukraine unfolds and the global response as Chinese President Xi Jinping weighs the risks of taking …
U.S.-China Trade Growth Slows In March 2022 Ahead Of Shanghai Lockdown
After surging in February, the growth rate of U.S. exports to China slowed to single digits in March 2022. Read more.