Japanese car giant Nissan said on Thursday that net profit sank nearly 60 percent in the three months to June as pressures including a lockdown in Shanghai and chip shortages weighed on business.
Monthly Archives For July 2022
China construction: a policy-driven downtrend
China’s construction sector faces ongoing pressure from policies designed to deleverage property developers and lead to more sustainable …
Column: China in risky bet to test its power in iron ore markets
Iron ore prices are swinging between optimism and pessimism over the economic outlook in top importer China, but beyond the short-term oscillations a longer-term battle is looming.
China locks down 970,000 in Wuhan after 4 asymptomatic COVID-19 cases
Wuhan in China has shut down the Jiangxia District with 970,000 people after finding four asymptomatic cases of Covid-19. All non-essential businesses are closed and public transport has been …
Covid-19 response in China and the world
As the fight against Covid persists in China, new strategies need to be set in place as novel types of the virus emerge …
Beijing 2022 inspires enthusiasm for winter sports in China
The influence of the Beijing 2022 Olympic Winter Games can be seen in China’s enthusiasm for winter sports in summer. The outdoor temperature exceeded 30 degrees Celsius, but Tian Rui’s five-year-old …
‘Mostly Verbal Threats’: Taiwan Residents Shrug off China’s Warnings on Pelosi Visit
Taiwan Residents Shrug off China’s Warnings on Pelosi Visit By Fabian Hamacher and Sarah Wu TAIPEI (Reuters) – Many in Taiwan have shrugged off China’s warnings about a possible trip to the democratic …
China Industry Minister Xiao Yaqing Under Investigation -State Media
China’s minister of industry and information technology, Xiao Yaqing, has been placed under investigation for suspected violation of discipline and law, Chinese state media reported on Thursday. No …
China Targets $148 Billion in Financing for Cash-Strapped Developers – FT
China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, the Financial Times said on Thursday, as it tries to revive the debt-stricken sector …
Asia credit investors feel the pain of China property exposure
China’s crisis-hit property sector has driven underperformance this year in some Asia-focused credit funds, including one led by a former Lehman Brothers portfolio manager, pummelling their returns …
China Economic Review Jul. 28
Recently, China released the New Urbanization Implementation Plan during the 14th Five-Year Plan period (2021-25), which comprehensively deployed the goals, tasks, policies and measures to promote new …
Miners Unfazed by China’s Plan to Control Iron-Ore Imports
Mining executives expect iron-ore prices to be determined by supply and demand despite Beijing’s new centralized buying group.
Gucci Owner Hurt by the Brand’s Big Presence in China During Lockdowns
Gucci continues to suffer from repeated Covid-19 lockdowns in China, where Kering SA’s biggest brand has a greater exposure than other luxury labels. Sales at the Italian fashion brand rose 4% on a …
