The Commerce Department’s Entity List restricts access to U.S. exports. Raimondo told reporters the administration was working to “get information around bad actors in China and adding those companies …
Monthly Archives For June 2022
US’s China strategy a path to confrontation, Beijing warns
Chinese foreign minister tells conference that Washington’s extreme anxiety is unwarranted Henry Kissinger says the risk of conflict is growing as technology advances The US strategy towards China has …
Tariffs Hurt US as Much as China, Export Now CEO Says
Frank Lavin, Export Now founder and CEO, discusses the state of US-China trade relations. He speaks with David Westin on “Balance of Power.” …
China Stocks And Shanghai Dwellers Enjoy Big Day As Stringent Lockdowns Ease
China’s Covid policies have disrupted global supply chains and left millions locked down at home for two months …
China energises ‘scientific’ coronavirus policies, with new home-grown vaccine back on the agenda
Remarks by Vice-Premier Liu He suggest vaccine development remains on the agenda, with clinical trials of a home-grown Omicron jab having started in Zhejiang He also stressed the need to explore how …
China unveils a package of policies to support economy
China’s State Council issued a circular on Tuesday, urging the implementation of a package of detailed policy measures to further stabilize the economy. The package, which was announced at a State …
China Expands Tax Cuts to Autos With Bigger Engines
China will cut the sales tax by half to 5% on some low-emission passenger vehicles as part of the government’s push to raise consumption hammered by Covid lockdowns. The Finance Ministry and the State …
How will China’s currency respond to slower growth?
How did China’s economy prosper and become a major player on the world stage? It’s vast labor pool provided the foundation for growth, focusing on exports. In fact, China is the top supplier of goods…
FirstFT: Shanghai set to reopen after two-months Covid lockdown
Shanghai is set for the most significant easing of Covid-19 restrictions since it was sealed off more than two months ago, after authorities said public transport would resume and shops reopen from …
Decline in China’s factory activity slows as COVID-19 curbs ease
China’s factory slowdown is affecting production lines in other major Asian economies with both Japan and South Korea reporting sharp declines in output …
IPhone Maker Foxconn Says China Covid Curbs Did Not Significantly Impact Supply Chain
According to reports, Foxconn, which is a major assembler of Apple (AAPL) iPhones, said on Tuesday that the impact of China’s Covid-19 lockdowns on its operations was not as bad as expected. China had …
Shanghai ends its eight-week lockdown, but can China do away with ‘zero-covid’ policy?
While the draconian measures are now almost entirely lifted, questions remain on how long the country can stick to its strict “zero-covid” approach. View on euronews …
Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus measures
Shanghai is offering tax incentives and subsidies to kickstart the local economy after two months of lockdowns to reduce the spread of COVID-19.