Sanctions have increased the appeal of alternatives to the dollar and euro, Russia’s central bank said, referring to China’s yuan in particular.
Monthly Archives For June 2022
British pound is taking on ’emerging market’ characteristics, Bank of America says
Sterling is in danger of becoming an “emerging market” currency as falling growth and growing risks cause investors to flee the pound, according to Bank of America.
China’s internet on-demand services tumble the most in years amid Covid lockdowns, economic headwinds
Income from on-demand services provided by China’s internet companies dropped over 20 per cent between January and April China’s once-booming internet sector has been hit by a double whammy: Beijing’s …
I’ve been stuck inside for 2 months due to Shanghai’s COVID-19 lockdowns. It’s taken a toll on me.
When Shanghai went into COVID-19 lockdown in March, residents were told it would last five days. Two months later, one told us how hard it’s been.
China Is Lifting Covid Restrictions. Alibaba, JD.Com, and Other Stocks Are Rising.
Lifting lockdowns is helping shares. The index tracking the 50 largest Chinese companies is down 47% this year.
After two months, a scarred Shanghai’s COVID-19 lockdown ends
Following two months of frustration, despair and economic loss, Shanghai’s draconian COVID-19 lockdown ended at midnight on Wednesday morning, prompting celebrations tempered with fear that an …
An opportunity for China to improve ties with foreign investors
Beijing ought to rethink not just Covid policies but how it treats overseas companies …
China Phase Two Unlikely After Falling Short on Phase One
While China purchases have been a big part of the record U-S export figures USDA just announced, it has more to do with growing demand, than our trade relationship. China fell short of its…
4 vital steps that U.S. CEOs must take in the economic battle with China
As China becomes a more formidable competitor, U.S. companies must diversify their revenues and supply chains and press their own advantages.
China’s Mergers and Acquisitions Market: Latest Trends
We discuss why China remains a hot mergers and acquisitions market as ambitious economic growth plans combine with advanced tech and innovation trends.
We need to restore foreign business confidence in China, says BritCham
Steven Lynch of the British Chamber of Commerce in China says Covid-19 is “dominating absolutely everything,” but is just “one strand” of uncertainty in the country.
Chinese city revokes unlawful administrative detention for residents who do not take a COVID-19 test after causing controversy
Siping, a city in Northeast China’s Jilin Province, cancelled on Tuesday the unlawful penalty for people who fail to take the citywide COVID-19 nucleic acid test two or more times, including a 10-day …
Changing State-Business Relations under the U.S.-China Tech War
How does the movement of Chinese firms up the technology ladder influence U.S.-China relations? More specifically, can the United States weaponize its position on the supply chain effectively to …