Shares hit as China try to quell resurgent Covid-19 outbreaks, while shares in Twitter drop after Musk tries to cancel takeover, and Uber is hit by leak …
Monthly Archives For July 2022
Vatican bishop warns Catholic missionaries in Hong Kong of China’s looming crackdown
The Vatican s unofficial representative in Hong Kong had warned Catholic missions in the city that tough days are ahead for them as China is increasingly restricting religious freedom …
China Unicom Beijing and Huawei Complete the First Thousand-Site MetaAAU Project, a Major Step of the Gigabit Green Village Strategy
China Unicom Beijing and Huawei have commercialized MetaAAU at over 1,000 sites, forming the world’s largest commercial MetaAAU network. This unlocks users’ demand for 5G traffic in rural areas, …
No Decision From President Biden on Lifting China Tariffs…Yet
President Biden says he has not made a decision yet on whether to lift some of the $370 billion of tariffs imposed on Chinese imports by the Trump Administration. Biden has been talking about rolling…
Hotpot chain Haidilao weighs IPO of overseas unit
Company says spin-off of Super Hi International Holding would position the unit and the parent for growth. Read more at straitstimes.com.
Beijing steps up use of combat aircraft in Taiwan sorties
Beijing: Beijing has steadily increased the number of combat aircraft flying into Taiwan’s air defence identification zone and further south in the Bashi Channel which analysts have described as part …
Pro-West media hunt for fissures in China, Russia ties as Beijing, Moscow hike trade volume
That was just another political talk show on Russian TV, and, to make things lively, the editors rolled out a question list to all the attendees: Is China a sincere and powerful friend to Moscow…
China lockdown worries hit stocks; Uber and Twitter shares fall; Wizz Air to cut more flights – as it happened
Shares hit as China try to quell resurgent Covid-19 outbreaks, while shares in Twitter drop after Musk tries to cancel takeover, and Uber is hit by leak …
Protest in China over frozen bank accounts ends in violence
Unidentified security guards swarm crowd of more than 1,000 demanding access to savings in Henan province …
China Doubles Population Under Lockdown, at Risk of BA.5 Shutdown
The world’s second-largest economy has been recovering since mid-May. But that progress is tentative, and is currently being set back by a quadrupling in Covid case counts.
Chinese bank depositors face police in protest after reports senior executive on the run
Thousands of customers who opened accounts at six rural banks that offered higher interest rates later found they could not withdraw their funds.
UPDATE 2-China June new bank loans jump as Beijing steps up policy support
June new loans 2.81 trln yuan vs f’cast 2.40 trln yuan * June M2 money supply +11.4% y/y, vs f’cast of +11.0% * China c.bank vows to support economic recovery (Adds details, analyst comment) BEIJING,…
Xi Jinping’s Solution Is China’s Problem
If Xi Jinping’s ambition is a problem for America, it is a bigger problem for China. In addition to the lockdowns and quarantines that are a part of Xi’s desire to claim victory over Covid,…
