Team-Biden should just eliminate all the Trump tariffs – especially as related to the fashion side of retail. These tariffs have stoked inflation, raised costs throughout the supply chain, and there …
Monthly Archives For July 2022
China locks down again over fresh COVID-19 outbreak
Tens of millions of people were under lockdown across China on Wednesday and businesses in a major tourist city were forced to close as fresh COVID-19 clusters sparked fears of wider restrictions.
China Military Holds Exercises Around Taiwan, Berates United States
China’s military recently held joint combat readiness exercises and patrols in the sea and airspace around Taiwan, the eastern command of the People’s Liberation Army (PLA) said on Friday. Recent U.S.
Millions tested for 3rd day in Shanghai as China battles Covid resurgence
Millions of people in Shanghai queued for a third day of mass Covid-19 testing on Thursday as authorities in several Chinese cities scrambled to stamp out new outbreaks.
China imposes first vaccine mandate on 20-million-person capital
The vaccine mandate comes as Beijing reported three cases of the BA.5.2 Omicron subvariant, which is highly transmissible and capable of escaping antibodies. An outbreak of the new subvariant has …
Beijing city walks back plan to tighten Covid vaccine requirements — after just one day
After “misgivings” among locals about a Covid vaccine requirement, state-run Beijing Daily published a report on the rules that removed mention of that mandate.
China’s once profitable railways record USD 900bn debt amid push for expansion
What was once China profitable high-speed railways is now heading towards a trillion-dollar disaster after reports of debt nearing a whopping USD 900 billion …
China developers face $13bn wall of dollar bond payments in second half
Chinese property developers face a $13bn wall of foreign currency bond payments in the second half of this year, as a mounting default tally darkens the market outlook. China’s real estate sector has …
China Considers US$220 Billion Stimulus With Unprecedented Bond Sales
China’s Ministry of Finance is mulling selling 1.5 trillion yuan of bonds in 2H2022 to pump prime slowing economy, Bloomberg says …
Biden set to meet with advisers to discuss cutting China tariffs
in Chinese imports imposed by his predecessor Donald Trump, according to people familiar with the deliberations, as his administration desperately tries to curb fast-rising US inflation. Mr Trump used …
Lower tariffs, faster customs clearance — China, ASEAN share bounty of RCEP trade facilitation package
The booming economic and trade cooperation between China and ASEAN countries has further gained steam as the RCEP agreement provided faster customs clearance and other trade facilitation measures. * …
Millions tested in Shanghai as China grapples Covid-19 resurgence
Unless local officials succeed in preventing the virus from spreading, they could be compelled to invoke prolonged, major restrictions on residents’ movement, under China’s “dynamic zero Covid” …
China says it will maintain an ‘objective and fair’ position on Russia-Ukraine crisis
Chinese Foreign Minister Wang Yi says China will continue to uphold an “objective and fair” stance on the Russia-Ukraine crisis while continuing to support peace talks in order to end the crisis. Wang …
