Over 13,000 residents of the locked-down Nanxinyuan residential compound in southeast Beijing were relocated to quarantine hotels overnight Friday due to 26 new infections …
Monthly Archives For May 2022
Beijing orders millions more to work from home in targeted Covid containment drive
On Saturday, Haidian district’s 3.1 million residents were told to work from home and avoid going out unless necessary, with some limited residential areas locked down after cases were detected.Do you …
China, US lead rise in global debt to record high $305 trillion – IIF
China’s debt increased by $2.5 trillion over the first quarter and the United States added $1.5 trillion, the data showed, while total debt in the euro zone declined for a third consecutive quarter.
China’s Russian imports plan could double VLCC rates, analysts say
China is reportedly ready to replenish oil reserves with cheap Russian crude, in a move that could provide a much-needed shot in the arm for tankers. Bloomberg cited sources familiar with the matter …
China-Russia relations: Chinese producers lament loss of once-lucrative Russian deals
Beijing has repeatedly said that China would ‘maintain normal trade relations’ with Russia, but the situation on the ground paints a different picture, with a massive drop-off in Russia-bound goods.
Beijing Residents Quarantined Over 26 Covid Cases, Told “Please Cooperate”
Thousands of Covid-negative Beijing residents were relocated to quarantine hotels overnight due to a handful of infections, as the capital begins to take more extreme control measures resembling virus …
China’s coal imports from Russia nearly double amid Ukraine crisis: Report
China’s coal imports from Russia nearly doubled between March and April, reaching 4.42 million metric tons, media reports said.
Beijing city reports 63 new local Covid cases over 24 hours
Beijing reported 63 new domestically transmitted Covid-19 infections during the 24 hours to 3 p.m. (0700 GMT) on Saturday, a disease control official at …
European and Asian stocks sparked by China’s interest rate cut as Wall Street tumbles
Asian and European stocks rebounded on Friday on China’s interest rate cut, but US equities gyrated amid fears that sky-high inflation will spark a recession. London’s FTSE 100 closed up 1.2 per cent, …
Singapore still rules China futures market as Hong Kong edges In
Six months after Hong Kong introduced equity index futures to make it easier for international investors to bet on Chinese stocks, Singapore still rules the market, although its Asian rival is making …
US futures rise after China’s lending rate cut, but global stocks head for a record losing streak thanks to grim economic outlook
The S&P 500 is on the brink of a bear market, an index of global stocks is headed for a record run of weekly losses, and the Fed won’t help, strategists said.
China relaxes Covid-19 testing rules for travellers from Singapore
Travellers from Singapore to China will need to do fewer pre-departure tests for Covid-19, but quarantine remains. . Read more at straitstimes.com.
China’s coal imports from Russia nearly double amid Ukraine crisis
China’s coal imports from Russia nearly doubled between March and April, reaching 4.42 million metric tons, media reports said. China is buying record amounts of cheap Russian coal which has reached 4 …
