Headwinds are becoming increasingly evident in China’s years-long campaign to lure foreign money to its gargantuan financial markets, spurred by divergent trends in monetary policy and potentially …
Monthly Archives For June 2022
China’s latest hot export is a US$50 toy Russian fighter jet that ‘will never break’, helped by social media such as TikTok
A China-made toy fighter jet has gone viral on social media platforms such as TikTok and Facebook, with high demand putting pressure on factories in the Zhejiang province manufacturing hub to ship …
China’s auto exports in May hit monthly high this year
BEIJING, June 18 (Xinhua) — China’s automobile exports surged 73 percent month on month in May, hitting a record high for 2022, industry data showed. Last month, the country exported about 245,000 …
China’s policy package gradually pays off as economy gains momentum
Workers make clothes for export at a company in Taihe County, east China’s Anhui Province, May 26, 2022. (Photo by Liang Xiaopeng/Xinhua) BEIJING, June 18 (Xinhua) — China’s policy package aimed at …
China International Import Expo
The China International Import Expo (CIIE) has been held for four consecutive years and is widely regarded as an international public good for economic globalization and multilateral trading system.
China’s Covid-19 health code system is ripe for abuse and must not outlast the pandemic
Health QR codes are one of the most powerful tools in China’s antivirus arsenal, but a recent scandal in Henan province shows how open they are to misuse Authorities should waste no time putting more…
Beijing Says Covid Spread From Bar Cluster Is Basically Stopped
The spread of Covid-19 related to a bar cluster in Beijing has been basically stopped, the municipal government said Saturday.
China tests technology that could harness solar power from space
Scientists in China have successfully tested a technology that might aid in the generation of electricity from solar power in space …
China likely to keep lending benchmark interest rates unchanged amid global central bank tightening
About 90% of traders and analysts in a Reuters survey expected China to keep benchmark interest rates unchanged at its monthly fixing on Monday, as global central bank tightening limited room for …
China defends covid policy after U.S. flak
China on Friday defended its tough “zero-covid” policy after the U.S. ambassador said it was causing serious damage to the global economy and foreign business sentiment.
Beijing’s bar-related outbreak drops to single-digit number for 1st time
The bar-related COVID-19 outbreak in Beijing has ushered in a positive turning point as the confirmed cases declined to a single-digit number for the first time for Friday, and all of them were in …
Can China revive its COVID-hit economy?
China has been the biggest source of global economic growth for the past 20 years. And it has long defied predictions it would soon hit a wall. But, strict COVID lockdowns, a crac …
Xi Says China’s Corruption Still Severe and Complicated
Chinese President Xi Jinping said corruption in the country remains severe and complicated even though progress has been made in the battle against graft.Most Read from BloombergPutin Gets Unexpected …