China’s raw materials prices steadied after factory activity shrank less than expected in August, and while the purchasing managers’ index for steel stayed in contraction, the pace of its decline …
Monthly Archives For August 2022
China places millions into Covid lockdown again as economy continues to struggle
The vital industrial cities of Shenzhen and Dalian are under curbs again, amid protests and unusual plea from thinktank to relax policy …
China drought highlights economic damage wrought by global warming
Record heatwave behind power shortages that paralysed industry probably caused by climate change, scientists say …
China’s August factory activity extends declines as risks grow
Economists also warn of weakening external demand that may hinder China’s exports, which shored up growth in the first half of the year, making up for sluggish consumption.
China’s August factory activity contracts for second month – official PMI
China’s economy slowed sharply in the second quarter as widespread COVID-19 lockdowns hammered demand and business activity, while the property market has lurched from crisis to crisis. To revive the …
China’s Aug factory activity extends declines as risks grow
China’s factory activity extended declines in August as new COVID infections, the worst heatwaves in decades and an embattled property sector weighed on production, a survey showed on Wednesday.
China: A nuclear nonproliferation deadbeat
It’s gone unnoticed, but the Biden and Trump administrations agree on something important: By refusing to join arms control talks, China is flouting the Nuclear Nonproliferation Treaty (NPT), a …
US, China Agree on Protocol for American Accounting Regulators to Inspect Audit Firms Based in China and Hong Kong
On Aug. 26, 2022, the U.S. Securities and Exchange Commission (SEC) issued a Statement on Agreement Governing Inspections and Investigations of Audit Firms Based in China and Hong Kong. Unde …
China Shares Tipped To Open Under Pressure On Wednesday
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the …
China Shares Tipped To Open Under Pressure On Wednesday
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the …
China’s Economy Can’t Catch a Break. A Heat Wave and Power Outages Are the Latest Bad News.
Power outages, work stoppages, and ongoing Covid outbreaks in China continue to drag on a a beleaguered economy.
‘Extremely irresponsible!’ Beijing blasts Liz Truss over plan to declare China threat
LIZ TRUSS has been blasted by Beijing after the Foreign Secretary was claimed to be considering declaring China as a threat if she wins the race to replace Boris Johnson as Conservative Party leader …
Morgan Stanley: Buy these 3 EV stocks to cash in on Beijing’s auto sector boost
Morgan Stanley says electric vehicles will remain a strategic focus for China and names its top stocks in the sector.
