Shipowners’ organisation Bimco has revealed China’s seaborne imports of Russian crude jumped 51.4% in May, lifting the country’s overall total to 42.6m tonnes last month. Th …
Monthly Archives For July 2022
New plans unveiled to legally import unapproved lifesaving drugs
China has formulated a plan to facilitate the import of Clobazam, an unapproved epilepsy drug, to address acute medical demand, the National Health Commission said on Wednesday. Along with the …
Asia’s factories week despite China bounce, feeds global recession fears
Asia’s manufacturing activity stalled in June as many companies were hit by supply disruptions caused by China’s strict Covid-19 lockdowns, while sharp economic slowdown risks in Europe and the US …
China’s June factory activity expands at fastest pace in 13 months
China’s manufacturing activity expanded at its fastest in 13 months in June, buoyed by a strong rebound in output.
Nano Labs Ltd. Plans $37 Million IPO for July 5th (NA)
Nano Labs Ltd. (NA) is planning to raise $37 million in an IPO on Tuesday, July 5th, IPO Scoop reports. The company plans to issue 3,500,000 shares at a price of $9.50-$11.50 per share. In…
Japan’s business mood worsens on hit from China’s lockdown, rising costs
The mood among Japan’s big manufacturers’ soured for a second straight quarter in the three months to June, a central bank survey showed on Friday.
China’s June factory activity expands for the first time since Feb as recovery accelerates
China’s factory and service activities bounced back in June for the first time since February, in the latest sign of accelerating recovery of the Chinese economy, as the impact of the COVID-19 …
China’s Economy Returns to Growth Mode as Covid-19 Lockdowns Lift
Economic activity expanded in June after three months of contraction, according to official surveys of businesses and factories, but economists are downbeat about the prospects for a major revival.
‘Alien things’ brought covid-19 into North Korea, regime says
The announcement suggested Pyongyang is looking to ascribe the blame to Seoul, as South Korea’s new leader takes a harder line toward Kim Jong Un.
China’s Xi Jinping Says Hong Kong’s Loyalty to Beijing Will Ensure Prosperous Future
Chinese leader Xi Jinping urged Hong Kong to show more patriotic fervor and rally around his vision of a strong and unified China as he prepares to extend his rule.
John Lee: the former Hong Kong cop Beijing trusts is sworn in
John Lee, a former beat cop who became Hong Kong’s security chief and played a key role in suppressing democracy protests, became the business hub’s new leader on Friday in a ceremony overseen by …
China Cyberspace Regulator Cracks Down on Counterfeit Investment Platforms
China’s cyberspace regulator said on Friday that it has cracked down on counterfeit investment platforms, as part of the country’s campaign to combat such telecom network crime. The Cyberspace …
China’s Xi ushers in the end of global Hong Kong
Hong Kong was once cast as a liberal precursor to what China could become. Under Xi Jinping, it’s a cautionary tale of authoritarian entrenchment.