China’s spring outbreak of Covid-19 continues to subside, but a single local case in Shenzhen detected on Saturday triggered mass testing and neighborhood lockdowns in some parts of the technology hub …
Monthly Archives For June 2022
China: Bank Loan Prime Rate Unchanged Despite Economic Challenges
Slow recovery without interest rate cut China’s banks did not cut the one-year and five-year lending concession rates (LPR) today, even though th …
Marcos To Tap China’s Assistance For Economic Recovery
In the clearest indication yet of his preference for maintaining warm relations with Beijing, President-elect Ferdinand Marcos Jr has described C …
China’s Alumina Exports Soar to Fill Russian Shortages
China’s alumina exports soared again last month, as buyers in Russia sought to plug a shortfall because of war and sanctions.Most Read from BloombergPutin Gets Unexpected Pushback From Ally Over War …
Palace Museum sees more visitors as Beijing’s epidemic situation improves
People visit the Palace Museum, also known as the Forbidden City, in Beijing, capital of China, June 19, 2022. As the epidemic situation in the city is improving, the number of visitors to the Palace…
Asia’s largest passenger railway hub starts operation in Beijing
The largest passenger railway hub in Asia was put into operation Monday in Beijing as a four-year reconstruction breathes new life into the Chinese capital’s oldest railway station. With a gross floor …
Beijing’s aluminium mystery may be linked to US$1bil of financing
BEIJING: Loans related to the alleged over-pledging of aluminium inventories in China may total more than US$1bil (RM4.4bil), as scrutiny of the nation’s trading and warehousing operations spreads.
China claims successful anti-ballistic missile interceptor test
China successfully conducted an anti-ballistic missile test on Sunday night, according to the country’s Defense Ministry.
China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
China’s crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top supplier, as refiners cashed in on discounted supplies amid sanctions …
China’s mass testing mantra is building a waste mountain
Hazmat-suited workers poke plastic swabs down millions of throats in China each day, leaving bins bursting with medical waste that has become the environmental and economic levy of a zero-Covid …
India’s trading partners—US, China account for a fifth of merchandise trade
India’s trade deficit with China was the largest in FY22. It was equivalent to 40 percent of the trade deficit for the year …
Impacts of global inflation manageable for China
The Joe Biden administration wants too much, with global food and energy crises triggered by harsh sanctions imposed on Russia, and desires to woo voters in the midterm elections with an economic boom …
China’s May aluminium imports drop 16% y/y
China’s aluminium imports in May fell 16.4% from the same month a year earlier, government data showed on Saturday, amid high overseas prices and weaker domestic consumption. BEIJING, June 18 (Reuters …
