WASHINGTON — It has now been more than 10 weeks since the 2022 Beijing Olympics ended, a Winter Games that will forever be known for the Russian doping scandal that consumed them and the figure…
Monthly Archives For May 2022
HSBC’s biggest shareholder reignites debate about breaking up the bank
Hong Kong (CNN Business)HSBC has long prided itself on being the bank that connects East and West. Now it’s under pressure to rethink that model after a challenge from its top shareholder, one of the…
China: Beijing shuts schools for a week, orders more rounds of Covid-19 tests
The outward calm – aided of course by the low caseload – in the city reflects the Communist Party of China’s (CPC) desire not to let the outbreak in Beijing spiral into a Shanghai-like situation…
Beijing residents take walks amid tight COVID curbs
Separately, an official said on Tuesday Beijing will postpone school reopening for at least one week after the holiday. Beijing’s new daily cases have been relatively steady since the first infections …
Square Enix sells Tomb Raider; US, China’s crypto fate
Over in Japan, game developers Square Enix sells Tomb Raider and other titles for blockchain ventures. And finally, Skybridge’s Anthony Scaramucci says the US and China can’t ignore crypto.
Lauder Sales Soar, Even with China Lockdowns
The Estée Lauder Cos. posted another quarter of strong growth, despite headwinds in China due to COVID-19 lockdowns. The company reported $4.25 billion in net sales for the quarter ended March 31, a …
What China’s new infrastructure plan, Fed interest rate rises and yen weakness mean for the world
It is against this backdrop that the unveiling of new infrastructure investment plans last week by China’s Central Financial and Economic Affairs Commission, after a meeting at which President Xi …
Oil Retreats as China Lockdowns Counter Russian Output Risk
(Bloomberg) — Oil fell below $104 a barrel in New York as investors weighed lockdowns across China against looming European Union measures to limit purchases of Russian fuel. Most Read from …
China, fearing sanctions, is working to protect its foreign assets
The co-ordinated sanctions imposed by the West on Russia has, according to reports, has led China working to protect its foreign assets, fearing it too could become a target. The war un Ukraine is …
The Mooch is back, and batting for crypto!
China, which bans cryptocurrency transactions, will likely come around on Bitcoin, Anthony Scaramucci, founder of investment firm SkyBridge Capital, told Forkast, adding that the Middle Kingdom …
Key meeting a shot in the arm for China’s economy
The Political Bureau of the Communist Party of China Central Committee on April 29 held a meeting … The meeting also demanded answering the demands of foreign enterprises for a convenient business …
Chinese enterprises meet challenges with multi-pronged support
China’s industrial and services sectors have demonstrated resilience … “Once the epidemic is contained, our business will rebound in about a month and quickly return to normal levels,” said Wu Hai, …
Are US, EU and UK Based Editorial Fit For Purpose When Trying To Understand China?
Getting to the heart of China today means being there, not ‘I used to live there’ – as the relevance rapidly begins to diminish. I also question how relevant they are to commercially minded readers…
