and 13 per cent in volume to 628 million litres in the year ended March Exports by value, excluding mainland China, were strong at A$129 million, but did not come close to offsetting the loss…
Monthly Archives For May 2022
China reports 353 fresh local Covid-19 cases, 16 deaths in past 24 hours
Meanwhile, as the COVID-19 outbreak continues to spread in more and more cities in China, questions are mounting over the country’s much-publicized “zero-covid” strategy that the government credited …
Beijing curbs public transport as COVID-19 spreads in China
New evidence has emerged that China’s uncompromising battle against the coronavirus, believed to have emerged in a market in the city of Wuhan in late 2019, is undermining its growth and hurting the …
China reports 353 new local COVID-19 cases, 16 deaths
Beijing [China], May 4 (ANI): The Chinese mainland reported 353 new locally transmitted COVID-19 cases and 16 deaths in the past 24 hours, said the National Health Commission on Wednesday. Of these …
Starbucks reports record sales, suspends guidance on China COVID-19 curbs
Sales were impacted due to China’s tough COVID-19 curbs. Comparable sales in China declined 23%, overshadowing 12% growth in North America. Same-store sales rose 7% globally, topping estimates.
Beijing curbs public transport as COVID spreads in China
New evidence has emerged that China’s uncompromising battle against the coronavirus, believed to have emerged in a market in the city of Wuhan in late 2019, is undermining its growth and hurting the …
Chinese hackers took trillions in intellectual property from about 30 multinational companies
The CCP continues to increase its theft of U.S. technology and intellectual property by conducting illicit economic activities, according to the latest annual survey by the Office of the U.S. Trade …
China’s Evergrande update: Investors readjust Junk exposure
Meanwhile, China’s property shares rallied after government officials showed further signs of support, but analysts say the gains may not extend unless more specific steps are taken to fix the …
Regulations eased to boost property market
According to statistics from Centaline Property, more second-tier cities have eased curbs on the housing market, including Zhengzhou, capital of Central China’s Henan province, Fuzhou in East China’s …
China’s 2025 hydrogen targets trail market trajectory as Beijing eyes more innovation, technology breakthroughs, experts say
China’s targets under its hydrogen energy blueprint appear to trail current growth trajectory, suggesting the nation is cautious about overstretching itself in areas that still require major …
Beijing’s choice John Lee now needs to woo the people
Beijing made its position clear on July 29 … Lee’s critics point to his narrowly focused security background and warn that he lacks experience in business and finance. In response, the Lee campaign …
Billionaire investor Ray Dalio says China is a rising power, warns that inflation and debt will destroy US
Billionaire investor Ray Dalio predicted a new global order that has China ascending and the United States diminishing. Dalio appeared on the New York Times’ “Sway” podcast on Monday to discuss his …
We don’t expect China’s zero-Covid policy to change any time soon, says investment management firm
2022 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and …
