In line with their Zero-COVID policy, Chinese authorities have placed an entire district on the outskirts of Wuhan under strict lockdown for the first time since 2020, it was reported.
Monthly Archives For July 2022
White House won’t say whether Biden brought up COVID-19 origins with Xi
The White House did not answer directly when pressed by two reporters about whether President Joe Biden brought up the origins of the COVID-19 pandemic with Chinese President Xi Jinping.
Slowdown in China ripples through corporate earnings
Several multinationals in the second quarter have all cited weakness from the Chinese market as a challenge they’ve either been hindered by or have to overcome.
Jeep Pulls Out of China Over Government Meddling in Business
Stellantis NV shuttered its only Jeep factory in China because local politicians are increasingly meddling in the world’s biggest car market, Chief Executive Officer Carlos Tavares said Thursday.Most …
Beijing’s upcoming crude choice
Chinese imports of Russian crude showed signs of weakening, while Beijing may be facing a potential overseas debt crisis aggravated by Moscow’s invasion of Ukraine. Meanwhile, a recent Japanese …
China’s shadow is looming over the US this week
China’s shadow over the United States has been especially noticeable this week. There are elements of direct tension over Taiwan. And there is the all-important economic dependence on China that the …
China lifts exports as West runs short of lead and zinc: Andy Home
Year-to-date refined lead exports are the highest since 2007. Outbound shipments of both metals in refined form are subject to an export tax – 10% in the case of lead, 15% for zinc – which…
A Chinese phone brand doubled sales by stealing iPhone features
Honor has seen its sales nearly double year-over-year while other brands struggle because Honor is stealing iPhone features.
Evidence that the Huanan market in Wuhan, China, was the epicenter of the COVID-19 pandemic
During the beginning of the COVID-19 pandemic, scientists hypothesized that animals sold at the Huanan market were the source of the inexplicable pneumonia cases in Wuhan, China, which led to its …
Biden-Xi call lasts more than 2 hours; Beijing warned the US not to ‘play with fire’ on Taiwan
Chinese President Xi Jinping warned U.S. President Biden against against playing “with fire” on the Taiwan question amid House Speaker Nancy Pelosi’s potential visit.
Billionaire Jack Ma to cede control of financial tech giant Ant Group
A regulatory crackdown that scuppered its $37 billion IPO in 2020 led to a forced restructuring of the financial technology behemoth.
Why Are Imports From China Going Up? | India Development Debate
India’s total imports from China have grown by almost 29 per cent over the past five years, stated Union Minister of State for Commerce and Industry Anupriya Patel in response to a question about …
Probe into bid to evade duty on China polyester yarn imports
“The authority hereby initiates an anti-circumvention investigation…to consider extension of existing anti-dumping duty on imports,” the Directorate General of Trade Remedies (DGTR) said in a …