China’s army of small, privately owned oil refiners are raising output on hopes of recovering fuel demand as COVID-19 curbs ease and refining margins swell due to an increasing supply of cheap Russian …
Monthly Archives For June 2022
Taiwan rejects Beijing’s claim of sovereignty over U.S.-used waterway between island, China
Taiwan on Tuesday called China’s claim of sovereign rights over the Taiwan Strait a “fallacy” and said that it supported U.S. naval ships conducting freedom of navigation exercises in the waterway.
China releases Bloomberg journalist on bail
Bloomberg journalist Haze Fan has been released on bail by the Chinese authorities after being held for 18 months, the news agency has reported.The agency said it had been told of her release by the…
Curve Inversion 101: U.S. CPI Politics Up Front, China PPI Down(ing) The Back
Chinese CPI dropped 0.2% month-over-month in May 2022. There’s no mistaking the downturn across China all throughout last year. That had spilled over into its producer prices quite some ago.
China’s Sino-Ocean Sells USD740 Million Beijing Property to Stabilize
Chinese real estate developer Sino-Ocean Group Holding has sold an office building in Beijing for CNY5 billion (USD740 million) amid dropping bond prices. The property developer has sold the …
Beijing in ‘race against time’ to contain COVID surge
Authorities in China’s capital warned on Tuesday that a COVID-19 surge in cases linked to a 24-hour bar was critical and the city of 22 million was in a “race against time” to get to…
China cable giant taps ZTE for LBS platform
At the beginning of 2021, China Broadnet worked out a wide-reaching network sharing and construction deal with China Mobile, spanning 11 years and two phases. The national cable TV operator was …
662 Days, 14 COVID Tests, and Endless Granola Bars: My Journey Back to China
China under Communist Party rule has always been an autocracy with overwhelming repressive capabilities. But in the era of Xi Jinping, the state has been empowered to tighten its grip on society and …
Scoop: Biden leans toward easing some of Trump’s China tariffs
President Biden, in an Oval Office meeting last week with key members of his Cabinet, indicated he’s leaning toward removing some products from the Trump administration’s China tariffs list, people …
In Southeast Asia, a booming crypto scene
More than 600 crypto or blockchain companies are now headquartered in Southeast Asia, according to a new report by venture investment firm White Star Capital. Much of the recent growth in venture …
China sets up US conflict by laying claim to Taiwan Strait
China has raised the stakes in the Taiwan Strait by laying broad claims over the waters, setting the stage for potential conflicts with the US, which says it …
Henan: China Covid app restricts residents after banking protests
Authorities in the Chinese province of Henan are suspected to be restricting some residents’ movements using a Covid app, following rare protests. Multiple people say they are being forced to …
China regulator denies it asked foreign banks for executive pay details
China’s securities regulator on Tuesday denied that it and its securities association had asked foreign investment banks for senior executives’ pay details or suggested they implement pay curbs, …
