Two new studies provide more evidence that the coronavirus pandemic originated in China’s Wuhan market where live animals were sold.
Monthly Archives For July 2022
China June industrial profits +0.8% yr/yr – statistics bureau
Profits at China’s industrial firms rose 0.8% in June from a year earlier, compared to the 6.5% slump logged in May, the National Bureau of Statistics said on Wednesday.
China’s mortgage protests: Why people are refusing to pay their housing loans — and what it means for the country’s $18 trillion economy
There are fears the mortgage boycotts could worsen an existing cash crunch in the real-estate sector and spill over into the global economy.
China reports 703 new COVID cases for July 26 vs 976 day earlier
China reported 703 new coronavirus cases for July 26, of which 120 were symptomatic and 583 were asymptomatic, the National Health Commission said on Wednesday.
A bill to reduce reliance on China for semiconductors moves closer to a Senate vote
It would support domestic manufacturing of semiconductor chips that power the nation’s smartphones, cars, computers and medical equipment. The bill cleared a procedural Senate vote Tuesday.
China Going Quiet on LNG Hides Risk That May Upend Global Market
At a time when natural gas buyers are fighting over every last molecule, China — the world’s top importer — is noticeably quiet.Most Read from BloombergCoinbase Faces SEC Probe on Crypto Listings; …
Bill to boost U.S. chip production and competition with China clears key Senate hurdle
The CHIPS-plus bill includes roughly $52 billion in funding for U.S. companies producing computer chips, among other provisions.
China property sales could plunge by one-third, analysts say, as crisis deepens
Amid reports Beijing is planning massive bailout of the sector, S&P predicts sales slump will heighten liquidity squeeze and trigger more defaults …
China’s Borrowing Cost Slump Shows Limits of PBOC Policy Easing
There is so much cash sloshing around inside China’s banking system and so little demand for loans that banks are lending each other record amounts of money even as returns shrink, suggesting it will …
China targeted Fed employees for almost a decade, GOP Senate report says; chairman pushes back
A report released Tuesday by Republicans on the Senate Homeland Security and Government Affairs Committee says that China targeted the Federal Reserve for nearly 10 years, working to recruit and …
China’s top 10 automakers in sales in H1
From January to June this year, the total sales of top 10 automakers in China reached 10.34 million units, accounting for 85.8 percent of the total sales. Among the top 10 automakers, GAC, BYD and…
New studies agree that animals sold at Wuhan market are most likely what started Covid-19 pandemic
In June, the World Health Organization recommended that scientists continue to research all possible origins of the Covid-19 pandemic, including a lab leak. Two newly published studies take totally …
New studies say COVID-19 virus originated in Wuhan market in China
The research, published online by the journal Science, shows that the Huanan Seafood Wholesale Market in Wuhan, China was likely the early epicenter of the scourge.
