This comes at the same time China’s import data for October shows lockdowns are taking their toll on demand for ag goods. In the latest story health officials say China will persevere with its …
Monthly Archives For November 2022
Canton launches massive coronavirus testing campaign in the face of rising infections in China
China is in the midst of a new coronavirus outbreak after nearly 7,500 positives were detected in the last 24 hours. Since the beginning of the pandemic, the Asian giant has recorded just over one…
China Expands Financing Tool That Can Support Ailing Developers
China expanded a key financing support program designed for private firms including real estate companies, a move that promises to help developers sell more bonds and ease their liquidity woes. The …
China, Russia to drive 10% default pain for ‘junk-rated’ EM firms – JPMorgan
China’s battered property sector is forecast to have another … article with gallery 12:13 PM UTC COP27 COP 27 Developing countries need $1 trillion a year in climate finance -report, article with …
Nvidia Plans New Graphics-Processing Chip for China to Meet U.S. Export Rules
Nvidia says the A800 chip meets the U.S. government’s rules, with limitations that would hamper its use in areas such as AI models or supercomputers.
Coronavirus: Guangzhou in southern China launches mass testing in nine districts as case numbers top 2,000
Authorities in the southern Chinese city of Guangzhou have launched mandatory mass testing in nine districts and extended a lockdown one of them until the weekend amid fear of a worsening in a …
Foxconn raises hourly rate in Shenzhen to US$3.30 after Zhengzhou Covid-19 lockdown dents iPhone production
Foxconn Technology Group, Apple’s largest contract manufacturer, is ramping up hiring at its Shenzhen plant in the wake of production disruptions at its Covid-hit Zhengzhou campus, which houses the …
Pentagon Official Discusses China’s Timeline for Taiwan Invasion
While some experts believe China has no deadline for invading Taiwan, Secretary of State Antony Blinken has said Beijing is seeking to accelerate a takeover.
Gap Sells Its China Business After 12 Years
SINGAPORE—Gap Inc. will sell its business in China and Taiwan to Chinese e-commerce services provider Baozun Inc. for up to $50 million, bringing an end to a bumpy 12-year foray in the region. Baozun, …
Gap sells China businesses to Baozun as it looks elsewhere for growth
China-based Baozun said a new unit would acquire Gap Shanghai Commercial and Gap Taiwan, which operate the whole business of Gap Greater China. Separately, Baozun said Gap has granted it an exclusive …
Beijing warns Lithuania to back away from business ties, cooperation with Taiwan
Beijing has warned Lithuania to respect the one-China principle after the Baltic country pledged closer cooperation with Taiwan.
Cannot do more to help: China on financial aid to Pakistan
Pakistan had been engaging with China and Saudi Arabia for financial support, including rolling over maturing loans as part of arrangements for about $35 billion in putouts against debt and liabilitie …
China to Expand Bond Financing by Private Firms, Including Developers
The debt financing tools, dubbed “the second arrow” and supported by People’s Bank of China’s refinancing, were launched in 2018. The National Association of Financial Market Institutional Investors …
