Iron ore prices cheered China’s decision to cut its benchmark interest rate for mortgages by an unexpectedly wide margin, and there are several factors that suggest a renewed rally is on the cards. By …
Monthly Archives For May 2022
Conspiracy theories swirl in China that monkeypox was deliberately leaked by the UNITED STATES – following widespread misinformation over Covid-19
Chinese state media has accused the United States of intentionally spreading Covid-19, which originated in China, but has so far held back from taking the same approach with monkeypox. The social …
Henry Kissinger says Taiwan cannot be at the core of negotiations between the U.S. and China
Veteran U.S. diplomat Henry Kissinger says Washington and Beijing must seek to avoid putting Taiwan at the center of their tense diplomatic relationship.
Who Actually Won the U.S., China Trade War?
China announced it will make available 10 billion yuan ($1.49 billion) for “one-off” subsidies to support farmers and ag companies involved in grain production, according to the country’s finance …
China says it will take targeted steps to support the economy
hit by COVID-19 outbreaks that have prompted stringent restrictions, disrupting supply chains and hitting production and consumption. China aims to bring its economic operations back onto a normal …
China’s first aerosolized COVID-19 vaccine proven safe and effective as a booster shot after 2-dose priming with inactivated vaccines: study on Lancet
The world’s first aerosolized adenovirus type-5 vector-based COVID-19 vaccine (Ad5-nCoV) was proven to be safe and effective as a booster shot after two doses of inactivated shots, according to a …
China COVID-19 curbs could hit Indian manufacturing: Crisil
The tough restrictions imposed by China to curb COVID-19 transmission could hurt India’s domestic manufacturers as supplies of key import items such as plastic, chemicals and mechanical equipment have …
China’s policy bank has provided 25.2b yuan in elderly care loans since 2021
BEIJING – China Development Bank, one of the country’s policy banks, has extended 25.2 billion yuan ($3.77 billion) in loans for elderly care services since 2021, the start of the country’s 14th …
Didi shareholders give green light for New York delisting after IPO saga sees US$60 billion in value evaporate
Didi said that more than 96 per cent of shareholder votes cast were in favour of the delisting plan Ride hailing giant was put under an unprecedented Chinese cybersecurity investigation days after it …
China: Shanghai witnessing mass exodus of talent, labour amid tightened COVID-19 lockdown
Shanghai: Shanghai is facing an exodus of talent and labour as thousands of people leave the pandemic-hit city which is witnessing a total lockdown since Apr 1.
China Expresses Outrage at Biden’s Comments That U.S. Would Defend Taiwan
Influential Chinese insiders offered fiery threats in response to the apparent break in U.S. policy toward the island nation.
In Japan, President Joe Biden unveils Asia trade pact with eye toward countering China’s influence
U.S. President Joe Biden unveiled the Indo-Pacific Economic Framework on Monday, with 12 nations joining the United States in a trade initiative meant to respond to China’s growing regional influence.
JPMorgan says China is going to bring in stimulus to protect its economy while it controls the spread of COVID
China has a target growth rate of 5.5% growth for the economy this year, but its zero-COVID policy has raised some doubt about how it will achieve it.
