The sales were announced as China’s President Xi Jinping prepares to visit Saudi Arabia as early as this week—his first overseas visit since the COVID pandemic—where he is expected to be given an …
Monthly Archives For August 2022
Semiconductors now at the heart of US-China power struggle
The tiny chips have become a key asset in the US-China tech war, with Washington stepping up efforts to protect its supply In particular, the US fears the reunification of mainland China and Taiwan -…
Tapestry, Estee Lauder feel earnings pinch from China lockdowns
Tapestry Inc and Estee Lauder Cos Inc forecast full-year earnings below estimates on Thursday, underscoring the hit global luxury goods companies are taking from China’s COVID-19 lockdowns.
U.S. and China agree to begin trade talks this fall
The U.S. and China have agreed to begin trade talks under a new initiative first announced in June. CNBC’s Eunice Yoon joins ‘Squawk Box’ to detail China’s reaction.
Coronavirus: bizarre clip of medical workers testing live seafood widely ridiculed for insane extent of China’s dynamic zero-Covid rule
A video of medical workers in hazmat suits inserting test swabs into the mouths of live fish and on shellfish has been ridiculed on mainland Chinese social media as authorities fight new Omicron …
China’s troll army is ‘swatting’ its critics
Drew Pavlou was arrested in London after an email impersonating him sent a bomb-threat. He says it was China’s ’50 Cent’ army trying to discredit him.
CGTN: China highlights revitalizing northeast in drive for common prosperity
Chinese-style modernization is modernization featuring common prosperity and happiness for all, not just a few,” President Xi Jinping said in his recent inspection in northeast China’s Liaoning …
Lower Day Except Corn and Soybeans, Exports and a Hint of Frost Supporting Row Crops?
A limit down close on October hogs on poor weekly exports and consolidation. Concerns about China trade relations were also in the background with the U.S. and Taiwan starting trade talks.
New marketing year points to favorable soybean export volumes to China
September is just around the corner, which means a new marketing year is about to kick off for corn and soybean markets. Harvest progress is just about to ramp up, with some uncertainty still …
China renews threats, condemnations after U.S. announces formal trade talks with Taiwan
The U.S. will hold formal trade talks with Taiwan this fall in a move that has further outraged the Chinese government. China continues to hold escalating military drills.
China’s largest property group Country Garden warns of 70% plunge in profit
Earnings at Chinese property developer Country Garden fell as much as 70 per cent in the first half of the year, as the country’s largest real estate group by sales was drawn into a crisis…
Russia charges to third in list countries using China’s yuan
LONDON (Reuters) – Russia has charged up to third place in a list of countries outside mainland China using the yuan for global payments, highlighting how it is being affected by Western sanctions.
China regulator launches new probe into banks’ property loan exposure
The China Banking and Insurance Regulatory Commission (CBIRC) is looking at banks’ loan book exposure to developers to find out if those credit decisions were made according to the rules …
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