From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world’s biggest smartphone market.
Monthly Archives For May 2022
Weekly News Wrap: Big luxury brands fret over China lockdowns; Sea surges after higher-than-expected gaming sales
And Singapore-based Zilingo fires its CEO amidst a probe on “irregularities.” From Reuters: Chloe Kou, a 28-year old beauty brand marketing manager from Shanghai, won’t be buying her usual “one or two …
Xi Jinping’s policies are not working, China is stumbling: Fareed Zakaria
In an exclusive interview with India Today TV, Fareed Zakaria spoke about the slowdown of China’s economy and the concerns surrounding the rising tensions in the country. Fareed Zakaria noted that …
China punishes local officials for falsifying economic data
China has punished a number of local officials with demotions or dismissal for falsifying economic data, the country’s statistics bureau said on Friday, as part of an effort to curb data fraud as the …
China to further open bond market for foreign institutional investors
China said on Friday that it would further facilitate foreign institutional investments in its bond market and coordinate the opening-up of the interbank and exchange bond markets. The country aims to …
BRICS group may soon expand, says China
China, which is the BRICS chair for this year … The BRICS-backed New Development Bank (NDB), based in Shanghai, has already inducted new members, with Bangladesh and the UAE joining last year, and …
GOP senators want to ban China’s digital currency from US apps and app stores
Three Republican senators are proposing a law to prohibit app stores from carrying apps that accept payments using China’s digital currency. The “Defending Americans from Authoritarian Digital …
China opens exchange bond markets to overseas investors
China will allow foreign institutional investors to trade bonds on its smaller exchange market in its latest step to attract more capital inflows by opening its financial markets, after a record …
Pinduoduo Announces First Quarter 2022 Unaudited Financial Results
PDD), China’s largest agriculture platform, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights Total revenues in the quarter were …
Diokno: China fell short of vow to help finance ‘Build, build, build’
Maraming paraan pero di masyadong naka-deliver although nakapag-donate siya ng some bridges tulad ng magandang bridge sa Binondo at ‘yung ginagawa sa Makati. ‘Yun donation lang `yun pero nakatulong …
China’s no overseas coal pledge: 15 projects cancelled so far, but grey areas remain
New analysis on the impact of China’s pledge to stop building new coal power plants overseas, and suggestions to strengthen it …
Red China’s Trade
This offensive has been marked by an increase in trade with the free world, the extension of credits to countries outside the Soviet orbit, and the provision of technical assistance to all who will …
COVID-19 Update: Switzerland to destroy 620,000 expired vaccine doses | Beijing lab staff detained by police for failure to detect COVID-19
What’s happening now Switzerland plans to destroy more than 620,000 expired doses of Moderna’s COVID-19 vaccine due to lack of demand. Beijing police detained 17 employees of a COVID-19 lab for …
