China’s crude oil imports grew nearly 7% in April from the same month a year earlier, its first rise in three months, although weakening fuel demand due to COVID-19 lockdowns has dampened throughput …
Monthly Archives For May 2022
China’s April Exports Slow, Imports Unchanged Amid Expanding Virus Curbs
China’s export growth slowed to single digits in April, while imports were unchanged as tighter and wider COVID-19 curbs halted factory production, disrupted supply chains and triggered a collapse in …
China export growth slows as imports remain flat
China’s imports remained flat in April from a year earlier, up slightly from a fall of 0.1 per cent in March, while exports grew by 3.9 per cent last month compared with a year earlier,…
China’s Export Growth Weakens to 2020 Low as Lockdowns Hit Ports
China’s exports and imports struggled in April as worsening Covid outbreaks cut demand, undermined production and disrupted logistics in the world’s second-largest economy.Most Read from BloombergEU …
China April soybean imports rise after delayed cargo arrivals
BEIJING — China’s soybean imports in April climbed from a month ago, helped by the arrival of cargoes previously delayed by poor weather and slow harvests in South America, customs data showed on …
China reports 401 new local Covid-19 cases: 322 in Shanghai, 32 in Beijing
The ongoing severe lockdown restrictions in China’s Shanghai to contain the spread of COVID-19 has drastically affected the day-to-day lives of the people due to food shortage …
China trade weakens after cities shut down to fight virus
BEIJING (AP) — China’s export growth tumbled in April after Shanghai and other industrial cities were shut down to fight virus outbreaks. Exports rose 3.7% over a year earlier to $273.6 billion, down …
China coronavirus: Greater China stock benchmarks converge as correlations rise to multi-month highs
Covid-19 outbreaks in mainland China that led to the lockdown in Shanghai have seen stock markets in the Greater China region converging by the most in at least eight months, indicating that the …
‘Go Home!’ COVID-Hit Shanghai, Beijing Tell Residents to Avoid Social Contacts
While there has been no official announcement, over the weekend some residents in at least four of its 16 districts received notices saying they were no longer able to leave their …
Downtown Beijing goes quiet as zero-Covid policy smothers capital
Attempts to fend off a Beijing Covid-19 outbreak have seen creeping restrictions on movement in the capital – Copyright AFP Kirill KUDRYAVTSEV Attempts to fend off a Beijing Covid-19 outbreak have …
China’s central bank to ramp up policy support for businesses, real economy: official
China’s central bank will readjust its monetary policy to expand support for the real economy to stabilize market entities, prices, employment and public expectations, in order to achieve the nation’s …
Asian stocks retreat as China’s lockdowns stir recession worries
There was no let up in China’s zero-COVID policy with Shanghai tightening the … “The Fed is not the only central bank facing inflation pressures. Increasingly, the guidance from the ECB is becoming …
China January-April exports rise 10.3% year-on-year in yuan terms, imports up 5%
BEIJING: China’s exports during the January-April period rose 10.3 per cent from a year ago in yuan terms, while imports increased 5.0 per cent, State TV reported on Monday (May 9), citing data from …