Unlike the US and Japan, China’s economic rise has not resulted in the yuan becoming a global currency. Beijing has not found the confidence to lift capital controls and make the yuan fully …
Monthly Archives For June 2022
North Korea abruptly stops importing COVID-19 containment goods from China
BEIJING: North Korea abruptly stopped importing COVID-19 prevention and control products from China in May, trade data released by Beijing showed, after the country bought face masks and ventilators …
China’s most advanced carrier, the ‘Fujian’ has just left the dry dock
According to official Chinese state news, China’s most advanced carrier has now been launched. Called the “Fujian”, she will now conduct trials.
Column: Iron ore suffers short-term demand woes, longer-term China threat
The spot price of iron ore has had a torrid time lately, caught between short-term concerns about the economic health of top buyer China and a longer-term threat to the current market system as …
US Sanctions Helped China Supercharge Its Chipmaking Industry
(Bloomberg) — China’s chip industry is growing faster than anywhere else in the world, after US sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home …
Even Without a Lockdown, Beijing’s Economy Struggled in May
Beijing’s economy was slammed in May as it contended with Covid outbreaks, a sign that government curbs to contain the virus still had a significant impact even though it managed to avoid a citywide …
Morning mail: ‘damning’ environment report, China’s missile interception test, the story behind cult hit Grimmish
The Victorian Greens will introduce a bill to parliament to impose a ban on all new gas connections to homes within three years. Plus: why Australia is running out of teachers …
European nations tell China ‘self-isolation’ is stoking ‘mistrust’ in plea for easing of Covid-19 curbs
European ambassadors from Switzerland, France, Norway, Italy and Croatia have appealed to China to relax rules that prevent face-to-face meetings, saying direct communication will help reduce …
The hidden cost and lasting consequences of the Shanghai COVID-19 lockdown
China’s financial center and its largest metropolis, Shanghai, announced in early June that it is finally phasing out its harshest “zero-COVID” lockdown after more than two months.
Beijing’s Covid-19 Flare-Up Produces No Severe Cases
Beijing recorded no severe or critical cases among the nearly 400 confirmed Covid-19 patients in a flare-up that started in early June, the capital city’s public health authority said Monday. As of 3 …
‘Diablo Immortal’ delayed indefinitely in China just before its planned release date
Publisher NetEase may have run afoul of censors after a viral Weibo post that seemingly referenced President Xi Jinping.
Russia energy exports to China soar, displacing Saudi Arabia as Beijing’s top supplier
Russia has overtaken Saudi Arabia as the top exporter of crude to China as western buyers continue to shun Russian oil over the invasion of Ukraine.
An Entire Beach District In China Banned All Teslas For Two Months
China has already banned Teslas from an entire territory once … at any military or government complexes over concern of how certain camera and sensor technology could be used to gather government …
