As the world economy struggles with a lingering pandemic and increasing headwinds, China is expected to continue to act as a stabilizer for the global economy with its sound long-term fundamentals. At …
Monthly Archives For May 2022
China’s April styrene import hits all-time low
China’s styrene monomer import hit the all-time low in April 2022. According to China Customs, China imported 45.9kt of styrene in April, down 92.9kt or 66.9% from March, and down 68.6kt or 59.9% year …
When can China relax its zero Covid strategy?
While some regions of China may start easing restrictions, the data suggests a complete exit from zero-Covid remains a distant prospect.
Why is China holding on to its COVID-19 Zero plan?
In terms of the lowest number of deaths vs 2020-2021GDP shortfall China has excelled on both metrics. Take a look below at the Bloomberg chart. This is why China is sticking to the plan. You…
China stocks rise on hopes around stimulus, better ties with U.S.
SHANGHAI — China stocks rose on Friday as investors looked ahead to stimulus measures to aid growth, while comments by a U.S. official on China were interpreted by some as positive. We apologize, but …
(News Focus) Display, electronics makers dealt blow by COVID-19 lockdowns in China
China’s sweeping COVID-19 lockdowns are sending a shockwave in the display panel industry by exacerbating supply chain woes and parts procurement problems. In April, global shipments of liquid crystal …
Beijing Plots Fresh Naval Drills In South China Sea Amid Warnings By West
China will hold naval exercises in the South China Sea on Saturday, its maritime authority said, after a week of recrimination from Western powers over its military ambitions across the Pacific region …
Biden Shows Sign of Rethinking China Tariffs. Any Move Won’t Come Soon.
We did not impose any of these tariffs; they were imposed by the last administration,” President Biden said about U.S. tariffs on China.
Beijing offers elderly COVID-19 vaccine insurance to ease hesitancy
Payout for elderlies experiencing adverse effects could go as high as $74k. China’s capital of Beijing is offering elderly residents government-backed insurance for medical accidents that would be …
Hong Kong’s incoming leader John Lee to travel to Beijing
Incoming Hong Kong leader John Lee will travel to Beijing on Sunday to accept a letter that officially approves his appointment as the city’s next chief executive. A government statement confirmed …
Alibaba, Tencent drive relief rally in China tech stocks as strong report cards calm nerves on earnings outlook
Earnings rose an average of 2 per cent, versus consensus estimates per cent for MSCI China Index, the US bank said. As zero-Covid toll intensifies, China unveils 33-point plan to save economy …
China’s Pacific tour sparks hopes, fears in tiny island nations
At a carefully choreographed press conference in the Solomon Islands capital of Honiara, Chinese Foreign Minister Wang Yi made a promise that will be bookmarked by diplomats and analysts in capitals …
Will banks adop e-finance fast?
Central banks cannot wait on the sidelines. They should match or better the value propositions of e-coins and fintech platforms. Cross-system interoperability can be achieved if a consortium of …
