By Liz Lee BEIJING (Reuters) -Several Chinese cities began cutting routine community COVID-19 testing on Monday, days after China announced an easing of some of its heavy-handed coronavirus measures, …
Monthly Archives For November 2022
Asia-Pacific markets set to trade mixed ahead of China activity data release
Asia-Pacific shares are set to trade mixed ahead of a slew of Chinese economic data, and after the meeting between the U.S. and Chinese presidents.
Biden Wanted to Talk ‘Red Lines’ with China, Xi Gives His ‘First’—Taiwan
Chinese President Xi Jinping told his U.S. counterpart Joe Biden that Taiwan is “the first red line that must not be crossed in China-U.S. relations.” …
China, Saudis spent hundreds of thousands at Trump hotel: docs
Six foreign governments — including China and Saudi Arabia — spent more the $750,000 at former President Donald Trump’s Washington hotel while “seeking to influence …
Ukraine’s Zelenskiy Says U.S., China Statement on Nuclear Threats ‘Weighty Statements’
Ukrainian President Volodymyr Zelenskiy said late on Monday that he welcomed the statements from the United States and China from the Group of 20 meeting on the inadmissibility of threats to use …
Top European chip companies seek stability amid US-China dispute
Top European chipmakers say they are seeking stability for their businesses in China as Washington’s export controls further complicate global supply chains operations. Chief executives of …
Bears Forced to Cover China Shorts as US-Listed Shares Soar
A sudden rebound in Chinese stocks is quickly turning the tables on short sellers who reaped windfalls just weeks ago as the shares slumped by a record amount.
China Loosens Restrictions On Real Estate Industry In Significant Policy Reversal
China has pivoted its stance toward developers in the country, allowing extension of debt maturities and encouraging financial firms to support real estate.
A radical shift in China’s property and pandemic policies
F or almost three years China’s policymakers have been fighting a two-front war: against a virulent pandemic and a volatile property market. Their chosen policy instruments have …
Oil falls on China COVID surge and firmer dollar
Oil prices fell by $2 on Monday, dragged down by a firmer U.S. dollar while surging coronavirus cases in China dashed hopes of a swift reopening of the economy for the world’s biggest crude importer.
4 takeaways from President Biden’s ‘very blunt’ meeting with China’s Xi Jinping
The three-hour meeting between Xi and President Biden finished Monday with both leaders expressing an openness to restoring communication channels and repairing the U.S.-China relationship.
Woman in China claims strict COVID-19 protocols caused her miscarriage
A pregnant woman in the Chinese municipality of Chongqing claimed to have suffered a miscarriage due to strict COVID-19 protocols imposed by her complex’s administrators. According to local media, the …
Global Banks Cut Jobs In China As Ipos Decline
Global banks are reducing the numbers of investment bankers working in China as tough Covid rules have hurt the Chinese economy this year while I …