Oil prices rose by more than $1 on Thursday following reports that China is weighing easing its COVID-19 restrictions for visitors, signaling a likely spike in demand from the world’s largest oil …
Monthly Archives For October 2022
Expanded use of RMB may stabilize global financial market
Liu Ying, a researcher at Renmin University of China’s Chongyang Institute for Financial Studies, said the US dollar’s liquidity has tightened globally after the US Fed’s three consecutive interest …
L’Oreal posts brisk sales rise despite disruptions in China
Cosmetics group L’Oreal posted robust sales growth over the third quarter, lifted by brisk demand in Europe and the United States, which helped offset disruptions in China due to COVID-19 restrictions …
Oil prices remain firm as China considers easing Covid-19 restrictions
Oil prices have risen slightly on both major benchmarks, amid reports China is considering easing Covid-19 quarantine measures.
Is China Really One of the World’s Safest Countries?
Citing a 2021 survey by China ‘s National Bureau of Statistics, Xu said 98.6 percent of the Chinese public felt safe living in China, up by 11 points from 2012. China, he concluded, was “widely…
New Gucci head in China to lay out strategy soon to revive sales
Gucci’s new chief in China will lay out his strategy to revive the label’s sales in the key Asian market in the next few weeks, the finance chief of parent company Kering said on Thursday.
China’s central bank says it will better implement monetary policy
China’s central bank will better implement its prudent monetary policy and create a sound environment for supporting economic growth and employment, deputy central bank governor Pan Gongsheng said on …
Pacific Rim finance leaders mull ways to curb inflation
Finance ministers of major Pacific Rim economies pledged Thursday to combat inflation and target spending to support sustainable growth at a meeting in Bangkok ahead of a summit next month.
China’s US$3.5 trillion stock sell-off seen nearing end, as share buy-backs, buying by fund managers indicate recovery
Indicators such as share buy-backs, buying by fund managers and attractive valuations hint that the worst may be over for mainland-listed stocks.
A Return to Beijing in the Age of ‘Zero COVID’
Beijing Capital Airport’s glass walls gleamed; its walkways pulsed with passengers filtering through stern but efficient immigration checkpoints. Although the world did not yet know it the microscopic …
China’s Military Is a Serious Problem, Majority of Americans Say: Poll
Most Americans weren’t as concerned with Xi Jinping as with China’s military power in general, the survey said.
Kweichow Moutai is beating China’s covid hangover
For Kweichow Moutai, the episode barely registered. The devastating lockdown in its home province notwithstanding, on October 16th the company reported net profits of 44bn yuan ($6.2bn) in the first …
Currency/China ADR Weakness As Hong Kong Sees Massive Buying From Mainland Investors
BEKE’s 1-year average volume is almost 14mm shares, so this was a significant sale leading to speculation that an asset manager was forced to sell or have redemptions leading to potential future sales …
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