Economic growth in China, the world’s second-biggest economy, cooled sharply in the second quarter as it implemented stringent lockdowns to stop a fresh outbreak of the Covid-19 virus. The 0.4% …
Monthly Archives For July 2022
Some Beijing travellers asked to wear Covid monitoring bracelets, sparking outcry
BEIJING: Some Beijing residents returning from domestic travel were asked by local authorities to wear Covid-19 monitoring bracelets, prompting widespread criticism on Chinese social media by users …
China: on the road to recovery but uncertainty on lockdowns persists
Slow GDP growth in the second quarter shows that fiscal stimulus helped to avoid an economic contraction. What does the future hold for China’s …
China’s property, banking pain has iron ore in a bear squeeze
COVID-19 is slowing China’s economy and sparking crises in its property sector, weighing on iron ore prices just as the big miners see costs rise.
China Will Agree to Aid ‘At Some Point,’ Sri Lanka Envoy Says
Sri Lanka is continuing negotiations with China for as much as $4 billion in aid and is confident Beijing will agree “at some point,” according to a top envoy.Most Read from BloombergIvana Trump, …
China faces many challenges in achieving its full-year economic targets, says statistics bureau
However, a spokesperson for the National Bureau of Statistics of China said the country is performing better than the U.S. and Europe when it comes to inflation. CNBC’s Evelyn Cheng reports.
China-backed rail projects postponed due to lack of funding: DOTr
Former President Rodrigo Duterte’s “Build, Build, Build” is once again facing some bumps as the construction of several China-backed railway projects is put off due to scarcity of funding. According …
China’s economy could beggar its neighbours
China’s export manufacturing machine is more important than ever with domestic output growing just 0.4% year-on-year in the second quarter. Given weak consumption and cooling global demand, it makes …
China slowdown adds to global economy fears, and European car sales plunge – business live
China’s economy grew just 0.4% in the last year, and shrank 2.6% in April-June, as Covid lockdowns added to pressures on global economy …
China leader Xi visits Xinjiang amid human rights concerns
Chinese leader Xi Jinping visited the northwestern Xinjiang region this week amid concerns over China’s detention of a million or more members of primarily Muslim ethnic native minorities. Xi called …
China’s economy brakes sharply in Q2, global risks darken outlook
China’s economic growth slowed sharply in the second quarter, highlighting the colossal toll on activity from widespread COVID lockdowns and pointing to persistent pressure over coming months from a …
China says relationship with Australia ready to ‘set sail again’ amid hopes coal import ban will be scrapped
Wang Yi’s declaration that China willing to ‘recalibrate’ ties accompanies possibility of compromise on trade disputes …
Brand New Vehicle By CHERY Ready to Launch in Spain?
According to statistics released by the China Association of Automobile Manufacturers, in June 2022, Chinese automobile manufacturers exported 249,000 vehicles a month, breaking the 200,000 mark again …
