A slump in Chinese iron ore imports extended into April, as suppliers struggled with disruptions while a COVID outbreak suppressed demand.The world’s top iron ore consumer took in 86.06 million tonnes …
Monthly Archives For May 2022
China’s April exports slow, imports unchanged as virus curbs expand
Exports in dollar terms grew 3.9% in April from a year earlier, compared with the 14.7% growth reported in March. The growth was the slowest since June 2020.
FTSE 100 Live: China figures fuel global growth worries, Bitcoin price slides
Stocks are back under pressure after figures from China’s economy highlighted the impact of ongoing zero-Covid lockdown policies. Export growth fell sharply in April and data on China’s new-home sales …
‘Go home!’ Covid-19-hit Shanghai, Beijing tell residents to avoid social contacts
Shanghai – China’s two biggest cities tightened Covid-19 curbs on their residents on Monday, raising new frustration and even questions about the legality of its uncompromising battle with the virus.
Hong Kong leader says China patriots now firmly in charge
Hong Kong leader Carrie Lam says Chinese patriots are now firmly in charge of the city following the election of its new leader, who ran unopposed in a process controlled by Beijing from start to…
Recession worries weigh on markets as China export growth hits two-year low – business live
Rolling coverage of the latest economic and financial news …
China export growth weakens to 2020 low as Covid-19 lockdowns hit ports
China’s exports and imports struggled in April as worsening Covid-19 outbreaks cut demand, undermined production and disrupted logistics. . Read more at straitstimes.com.
Tailor Insight Releases Report on ‘Main Trends of Blockchain and Crypto in 2022’
HONG KONG, CHINA / ACCESSWIRE / May 9, 2022 / Tailor Insight, the Asia based market research institute, has released a report on ‘Main Trends of …
China’s diktat against NFT flipping spawns an ingenious industry
Despite Beijing’s rhetoric against speculation in NFTs, some trade on WeChat groups, spawning an industry that caters to the fervor drummed up over the asset class.
IPOs spawn growth amid uncertainties
Despite all the fluctuations and uncertainties in the stock market in the first few months of the year, the IPO scene is still worth investors’ closer look to figure out the market direction, insiders …
ByteDance adds to IPO speculation with renaming of subsidiaries
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China’s April Exports Slump To Lowest In Two Years As Virus Bites
China’s export growth slumped in April to its lowest level … world’s second largest economy as millions are confined to their homes — particularly in key business hub Shanghai — to stamp out its …
China April coal imports soar, driven by panic orders in early March
China’s coal imports surged 43% in April from March, driven by panic buying over concerns of supply disruptions stemming from Russia’s invasion of Ukraine.