The far-reaching export controls the United States and others imposed in response to Russia’s further invasion of Ukraine were meant to have long-term …
Monthly Archives For June 2022
China to take necessary measures to protect domestic firms from U.S. blacklist – Commerce Ministry
China’s commerce ministry said on Thursday it will adopt necessary measures to protect the legitimate interests of Chinese companies after the U.S. said it was …
China leans on policy banks to deliver $167b stimulus
Funding the extra spending has proved tricky though, after a plunge in land sales and widespread COVID-19 outbreaks battered government revenue. China’s Premier Li Keqiang has warned about the country …
Partner of Australian TV host detained in China expresses fears for her health
Concerns are growing for Australian TV host Cheng Lei, who has been detained in China for nearly two years, following an interview with her partner in which he claimed authorities had cut her access …
China reports 18 new local COVID-19 cases
The Chinese mainland reported 18 locally transmitted confirmed COVID-19 cases including 11 in Beijing and five in Shanghai in the past 24 hours according to t …
METALS-Shanghai copper gains on demand hopes as China eases COVID curbs
Shanghai copper prices gained on Thursday as the lifting of COVID-19 curbs in top metals consumer China buoyed hopes of demand recovery, although a stronger U.S. dollar limited the upside. June 2 …
Shanghai Reopens as China Hails Another Victory Over COVID-19
China declared victory over Shanghai’s coronavirus outbreak as the nation reported its fewest new cases in more than three months, vindicating Covid Zero in the eyes of Beijing despite the …
Asia FX Bears Retreat Slightly, China Concerns Persist – Reuters Poll
Bearish bets on Asian currencies reduced on signs that China’s economic pain may abate with easing of COVID-19 curbs, but analysts were still wary of future lockdowns and the direction of U.S.
China’s Ant names Hong Kong bourse boss as independent director in board reshuffle
Ant Group, the Chinese fintech giant controlled by billionaire Jack Ma, has appointed Hong Kong Exchanges and Clearing chairman Laura Cha as an independent director in a recent board reshuffle, …
China’s Sunwoda to Enter Cylindrical Lithium Battery Business With USD344 Million Investment
Chinese electric car battery maker Sunwoda Electronic is planning to step into the cylindrical lithium-ion battery business by building a CNY2.3 billion (USD343.8 million) plant in southwestern …
In Shanghai, lockdown blues make way for COVID-19 testing gripes
SHANGHAI: While a two-month COVID-19 lockdown is all but over in Shanghai, residents’ relief is quickly giving way to frustration that they now face hours waiting in line for virus tests and the …
China banks appeal for relaxation of documentation rules to ease funds flow-sources
Banks in China are urging regulators to relax rigid documentation rules as companies there have not been able to fulfill them due to COVID-19 lockdowns, forcing the lenders to halt services such as …
China Warns New Zealand Against Squandering Trade Relationship
The statement by Wang Xialong, China’s ambassador to New Zealand, comes as Wellington increasingly sides with the U.S. and Australia in trying to limit Beijing’s influence in the region.