SEOUL, May 2 (Reuters) – Beijing is concerned about the tense situation on the Korean peninsula, China’s Korean affairs envoy said as he arrived for talks in Seoul this week, adding that both the …
Monthly Archives For May 2022
Divergent views on China’s investment landscape
China’s appetite for global finance seems increasingly to be pulling in two contradictory directions, reports my colleague Tabby Kinder in Hong Kong. On one hand, policy reforms over the past five …
Economic Watch: China capable of securing safe, stable energy supply
A total of 100 billion yuan (about 15.11 billion U.S. dollars) of reloans will be issued by China’s central bank to support coal development and energy storage. Simultaneously, over the next 11 months …
An assessment of China’s recent financial stability law
… the Financial Stability Law summarizes the relevant experience in dealing with a series of regional financial risk problems. In particular, as China’s economic growth is slowing down, problems …
Oil Declines as Traders Weigh China Covid Measures, EU Moves
(Bloomberg) — Oil slipped at the start of the month as investors weighed the impacts of China’s measures to contain the coronavirus and moves by Europe to cut its reliance on fuel from Russia.
Tesla and other EV-manufacturers hard-hit by China’s COVID lockdowns
COVID control measures cut into shipments, car dealers held back from promoting new models, and sales tumbled in China’s richest markets of Shanghai and Guangdong, the association said. One dealer of …
Meanwhile, China’s zero-COVID restrictions curb May 1 holiday travel.
China is sticking to a strict zero-COVID policy even as many other countries are easing restrictions and seeing if they can live with the virus. Much of Shanghai — China’s largest city and a finance,…
Oil falls on China growth concerns even as EU weighs Russia import ban
Prices fell after China released data on Saturday showing that factory activity … prices is a possible dent in supply with the European Union leaning towards banning imports of Russian oil by the …
Asian markets drop as US rout, China worries hit sentiment
The struggles in China, the world’s biggest crude importer, led to a drop in prices of the commodity on demand concerns, offsetting worries about supplies from Russia caused by the Ukraine war.
Covid doing WFH: Harsh Goenka explains why China is witnessing virus surge
RPG Enterprises chairman Harsh Goenka took to Twitter to explain the reason behind the surge in coronavirus cases in China. The industrialist in a tweet wrote, “I asked Swami Harshanand why so much …
Explained: How China is using metal barriers to fight surge in COVID-19 cases
The barriers are new to Shanghai but have been deployed throughout the pandemic in other cities across China. For example … Wuhan, where the first cases of COVID-19 were reported in December 2019, …
China COVID-19 hard line eats into everything from Teslas to tacos
SHANGHAI: When Tesla’s Shanghai plant and other auto factories were shut over the last two months by emergency measures to control China’s biggest COVID-19 outbreak, the burning question was how …
China Lockdowns Wreak Havoc on Economy as Xi Pledges Support
(Bloomberg) — China’s stringent lockdowns to curb Covid-19 infections are taking a significant toll on the economy and roiling global supply chains, with President Xi Jinping under pressure to …
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