BEIJING, May 4 (Xinhua) — China’s central bank on Wednesday announced that it has increased the targeted re-lending quota for the coal industry by another 100 billion yuan (about 15.11 billion U.S.
Monthly Archives For May 2022
China using familiar seafood-focused trade strategy to punish UK
China enhanced its testing procedures for cadmium content in … The maximum time any shellfish should be in a truck is 72 hours but Brexit has added 24 hours to that,” he said. Export costs…
Tough export conditions overshadow modest gains in premium price segments
In the 12 months ended March 2022, exports to mainland China fell by 97 per cent in value to $24 million and by 93 per cent in volume to 5.6 million litres. Exports excluding mainland…
iPhone City goes into immediate lockdown after COVID-19 outbreak; recruitment suspended
While most countries around the world have ended lockdowns, adopting an approach of living with COVID-19, China maintains its efforts to completely eradicate the infection. However, lockdowns in …
China: Beijing scrambles to control Covid-19 outbreak
A health worker takes a swab sample from an elderly woman to be tested for Covid-19 at a makeshift testing site outside a museum along a street in Beijing, China on Wednesday. (AFP) BEIJING: Beijing…
China coronavirus: mass-testing push could cost 1.7 trillion yuan a year if rolled out across country
If all of China’s first- and second-tier cities, with roughly 505 million residents, implement a year’s worth of mass testing, the cost could top 1.7 trillion yuan (US$257 billion), which would be …
Could China’s Covid lockdowns push up UK prices?
Some of China’s biggest cities have been hit by major Covid lockdowns this spring, and it’s had a disruptive effect on the country’s economy. However, it’s not just people in China who are going to…
China lockdown: What do zero-Covid policies mean for UK prices?
Some of China’s biggest cities have been hit by major Covid lockdowns this spring, and it’s had a disruptive effect on the country’s economy. However, it’s not just people in China who are going to…
Unofficial results: East China Schools sinking fund millage renewal fails
A sinking fund millage renewal for the East China School District was not passed by voters Tuesday. According to unofficial results, 2,615, or about 45%, voted for the renewal; and 3,232, or about 55% …
Jack Ma ‘Arrest’ and SEC’s DiDi Investigation Whack China Tech Stocks
The Ma in question works in information technology and hardware R&D … “Ma’s activities are in violation of China’s laws,” it goes on to conclude. “The Internet is not a place beyond law and …
US to place ‘seismic’ human rights-related sanctions on China’s Hikvision
Both the Trump and Biden administrations have accused Beijing of committing “genocide”, although China has consistently denied the … time the US has imposed such sanctions on a big Chinese …
China’s Central Bank Pledges ‘Normalized’ Supervision for Tech Platforms
(Bloomberg) — China’s central bank said it will implement … the economy and policies to boost the healthy development of technology platform companies, it said in a statement on Wednesday.
Chinese exports: A major growth slowdown is expected
Exports to other Asian countries (47% of China’s total exports) were the first to be hit by China’s logistics problems and slowed markedly in March. On the demand side, the outlook has been worsening …
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