The consumers and the investors both need respite from inflation and to avert the danger of recession. The U.S. should stop its trade war for political gains.
Monthly Archives For June 2022
MicroStrategy Leads Selloff in Crypto Stocks as Bitcoin Unravels
Cryptocurrency-related stocks plunged in premarket trading Monday as Bitcoin tumbled to its lowest level in 18 months amid a deepening selloff in risk assets and after a crypto lender halted …
For young Africans, China is more influential than the US: Survey
A survey conducted by the Ichikowitz Family Foundation found that 76% of 4,507 young Africans across 15 countries named China as a foreign power with a positive influence on their lives …
China is testing 3.5 Beijing residents after a ‘ferocious’ COVID outbreak just days after easing restrictions on nightlife
Nearly 200 Covid-19 cases have been linked to Heaven Supermarket bar in the capital, after social distancing rules relaxed last week.
Virus Outbreak China
China’s capital has put school online in one of its major districts amid the new COVID-19 outbreak linked to the nightclub, while life has yet to return to normal in Shanghai despite the lifting of…
China is testing 3.5 million Beijing residents after a ‘ferocious’ COVID outbreak just days after easing restrictions on nightlife
Nearly 200 COVID cases have been linked to Heaven Supermarket bar in the capital, after social distancing rules were relaxed last week.
China sales fall in May
Vehicle sales were held back by a second consecutive month of strict lockdowns. China’s new vehicle market fell by a further 13% to 1,862,000 units in May 2022 from 2,128,000 units in the same month…
IPOs in Mainland China Jump as Global Issuance Plummets
New listings in China are breaking records even as turbulent markets cast a pall over the global initial public offering business.
Costly, scandal-ridden mass testing is China’s latest ‘zero covid’ bet
Test providers are fast becoming a lightning rod for public discontent, raising questions about the sustainability of China’s zero-covid, even as most of the world is learning to live with the virus.
Secrets of Commercial Success of Chinese Operators in Three Years of 5G Deployment
Over the last three years after the issuance of 5G commercial licenses, China’s service providers have made tremendous progress. As a result, China today has the world’s largest 5G network and the …
Expansion of BRICS to boost China’s influence? Here’s what expert says
Reports have indicated that the China proposed the expansion of the BRICS is on the agenda and countries like Argentina and Indonesia are likely to be present virtually.
Oil drops on fears of inflation, China’s COVID flare up
With US inflation accelerating to a 40-year high and China imposing new curbs, investors questioned economic recovery.
Inner Mongolia’s closure of crypto mine operations slows since September
Inner Mongolia has closed 49 cryptocurrency mining farms in total, but only four since September, according to the Inner Mongolia Daily, indicating either the process has been successful or the …
