Malaysian palm oil futures plunged more than 6% on Wednesday due to weak July exports and as fears of renewed COVID-19 curbs in China sparked a selloff in rival Dalian oils. KUALA LUMPUR, July 13…
Monthly Archives For July 2022
China June exports rise 17.9% y/y in USD terms; est 12.5% – BBG
BBG *CHINA JUNE IMPORTS RISE 1.0% Y/Y IN DOLLAR TERMS; EST. 4.0% …
Solomon Islands PM meets Australian, NZ leaders over China pact
The Solomon Islands prime minister met counterparts from Australia and New Zealand for the first time since striking a security pact with China that sparked concern among U.S. allies over Beijing’s …
Coronavirus: China locks down steel hub for three days over single Covid-19 case
The Chinese city of Wugang in Henan province is under a strict three-day curfew as part of the country’s ‘zero-Covid’ strategy.
Luxury Brands in China Need to Take Public Scrutiny Seriously
The latest fallouts experienced by Balenciaga and Gucci show that luxury brands are now under even more scrutiny from China’s young generation.
China to stop testing some imports for Covid-19
China will stop testing some imported goods for Covid-19, its national health commission said, as Beijing struggles to balance its insistence on zero-Covid with fears of economic slowdown.
China’s Anhui reports 7 confirmed, 3 asymptomatic local COVID-19 cases
East China’s Anhui province reported seven locally transmitted confirmed COVID-19 cases and three local asymptomatic carriers on Tuesday, the provincial health commission said Wednesday. All the new …
Hong Kong court jails veteran activist for plan to protest Beijing Olympics
A Hong Kong court on Tuesday sentenced a veteran activist to nine months in jail under a colonial-era sedition law for planning to protest against the Beijing Winter Olympics earlier this year.
U.S. destroyer sails near disputed S.China Sea islands, China says it ‘drove’ ship away
A U.S. destroyer sailed near the disputed Paracel Islands in the South China Sea on Wednesday, drawing an angry reaction from Beijing, which said its military had “driven away” the ship after it …
In Divide Over Ukraine, China Stakes a Position Further From U.S.
Recent statements have underscored the deep chasms in a relationship that is getting worse, as the Biden administration tries to come up with a cohesive China policy.
China’s taking a ‘double hit’ from growth slowdown and overseas price pressures: S&P Global Ratings
Terry Chan of the credit rating agency discusses the results of its Global Debt Leverage report. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more…
Bank customers in China face harassment and job loss over protests
Customers whose deposits have been frozen say they have been pressured by police, Communist Party officials and their employers to stop speaking out.
Dozens of cities in China issue heat wave warnings as temperatures surge
A heat wave is sweeping through China, with residents resorting to air raid shelters and public fountains to stay cool as 84 cities across the country issued their highest-level red alert level.
