Chinese financial regulators and Jack Ma’s Ant Group on Thursday denied a report that the fintech company’s shelved initial public offering was being dusted off amid signs that Beijing’s crackdown on …
Monthly Archives For June 2022
Xinhua Headlines: China’s foreign trade rebounds amid stronger economic recovery momentum
China’s foreign trade rebounded in May, a sign of overall recovery as the government’s policy package to stabilize the economy while containing COVID-19 resurgences started to pay off. * The country’s …
Thu. 9:04 a.m.: Virus testing the new normal as China sticks to ‘zero-COVID’
Thousands of coronavirus testing sites have popped up on sidewalks across Beijing and other Chinese cities in the …
EXCLUSIVE Beijing gives initial nod to revive Ant IPO after crackdown cools-sources
China’s central leadership has given billionaire Jack Ma’s Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said, in the clearest …
China’s exports rise as COVID curbs eased, but trade outlook remains shaky
May exports grow at double-digit pace, as compared to last year; Recovery can continue if there are no further lockdowns, says Greater China chief economist.
China’s Trade Rebounds in May
China’s trade growth rebounded in May after anti-virus restrictions that shut down Shanghai and other industrial centers began to ease. Exports surged 16.9% over a year earlier to $308.3 billion, up …
China Says U.S.-Taiwan Arms Package ‘Seriously Undermines’ Peace
China has cautioned the United States about spiraling tensions across the Taiwan Strait after the Biden administration approved a new arms sale to Taiwan. In a Tuesday notification to Congress, the …
China, U.S. winning in global arms industry shakeup spurred by Ukraine war
Russia’s war in Ukraine is upending the global arms industry. As the United States and its allies pour significant sums of money into arming Ukraine and Russia bleeds tanks and personnel, countries …
China’s exports post double-digit jump of 16.9% in May, defy epidemic and doomsayers
China’s exports machine shrugged off the impact of the most severe COVID-19 outbreaks in the country and largely defied pessimistic views and badmouthing mostly in Western media, as the growth …
China’s exports surge on easing COVID curbs
STORY: China’s exports grew far beyond expectations in May.They saw 16.9% growth from a year before.That as authorities eased some health crisis curbs in Shanghai, allowing factories to reopen and …
China’s chip import volume declines in first five months as rigid Covid-19 control measures disrupt manufacturing sector
The decrease in semiconductor imports comes amid disruptions in manufacturing and logistics, as the government imposed rigid Covid-19 control measures.
China’s smartphone makers chip away at Samsung, Apple’s Russian market share
China’s market share in the Russian smartphone market jumped significantly in May as manufacturers like Apple and Samsung paused new sales in Russia and Western sanctions weighed on the Russian …
Overseas luxury auto brands upbeat about China’s economic vitality, market potential
Overseas luxury car producers maintain confidence in China’s consumption power, as they anticipate ever-growing consumption power of Chinese people in snapping up high-end luxury goods. Over the past …
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