India’s imports of Russian oil surged from 0.66 million tonnes in the first quarter to 8.42 million tonnes in the second, the Financial Times said.
Monthly Archives For September 2022
Nvidia AI chip export ban expected to impact U.S.-China AI race
The ban on Nvidia AI GPUs to China has led to speculation about the impact on Chinese firms, as well as on Nvidia’s China business.
EXCLUSIVE German economy ministry reviews measures to curb China business
Germany’s economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce its dependency on Asia’s economic superpower, two people familiar with …
Coronavirus: China to tighten domestic travel restrictions until the end of October
National Health Commission urges people to stay put during National Day holiday and to minimise cross-city travel to prevent risk of the virus spreading From Saturday, all passengers on planes, …
China surpasses US in corporate debt sales as the world’s 2 largest economies see starkly different central bank policies
Yuan-denominated debt issuance by non-financial firms totaled about $306 billion between April and August, according to Bloomberg.
China’s yuan dilemma: Beijing ‘faces a choice’ between cutting rates and a weakening currency
Depreciation pressure on the yuan may constrain China’s ability to expand monetary policy in the second half of the year to shore up slowing economic growth, economists say.
Fact Check: Has China Overtaken U.S. in Life Expectancy for First Time?
The latest provisional CDC figures showed U.S. life expectancy declined for three years in a row, but has it fallen below that of China?
US Moves to Keep Advanced Semiconductor Technology Out of China
Firms receiving federal money to jump-start domestic manufacturing must wait 10 years to build advanced chips in China …
China, Latin America set to deepen cooperation in technology, satellite communications: FM
China stands ready to further enhance and expand practical cooperation with Latin American countries, a spokesperson for China’s Ministry of Foreign Affairs said on Thursday, after the two sides …
How Tiangong station will make China a force in the space race
China’s Tiangong space station is almost complete. Here’s what it means for the country’s rise as a space superpower.
China debt sees portfolio outflows despite nascent recovery for EM in August – IIF
China debt markets lost $7.7 billion in August in a seventh straight month of portfolio outflows, data from the Institute of International Finance (IIF) showed, amid market jitters over the downturn …
Across China: Italian entrepreneur in Hainan — a bridge between Italy and China
Stefano Fedi from Florence in Italy was busy inviting Italian companies to participate in the third China International Consumer Products Expo next year. “We need to prepare one year in advance to …
China Inc on slippery earnings slope as pricey commodities, Covid-19 costs pressure operating margins, analysts say
A slowdown in earnings growth for publicly traded companies is likely to extend into the rest of the year, as commodity prices erode margins and Covid-19 measures suppress spending.
