Chinese foreign minister Wang Yi told his Australian counterpart Penny Wong both China and Australia should gradually address each others’ legitimate concerns and make positive contributions to …
Monthly Archives For November 2022
China’s COVID-19 epicentre shifts to Guangzhou, more lockdowns loom
BEIJING: New coronavirus cases surged in Guangzhou and other Chinese cities, official data showed on Tuesday (Nov 8), with the global manufacturing hub becoming China’s latest COVID19 epicentre and …
Oil drops as china Covid-19 cases swell, dollar gains into midterms
Crude has slumped by about a quarter from its June highs as signs of a global slowdown, tighter monetary policy, and a strong US dollar weighed on prices …
China’s Covid controls are hurting more of the economy
As of Monday, China’s Covid controls negatively affected 12.2% of national GDP, up from 9.5% a week ago, according to Nomura’s model.
Exclusive: China cancelled EU leader’s video address at opening of major trade expo
Chinese authorities behind a major trade expo in Shanghai pulled an opening ceremony address by the European Council president that was set to criticise Russia’s “illegal war” in Ukraine and call for …
China’s foreign customers leave at worst time
Chinese exports shrank 0.3% in October for the first time since May 2020, as softening demand in key U.S. and European markets finally took their toll on a sector that had done much to offset…
Renault, China’s Geely announced powertrain joint venture
Renault SA and China’s Geely announced plans Tuesday for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers to …
TikTok’s ties to China: why concerns over your data are here to stay
Harvesting data is the norm for social media apps, but the question that many have is where it goes and who has access to it …
China’s BYD to launch new premium electric car brand in 2023
Chinese electric vehicle giant BYD said on Tuesday that it would launch a new premium brand in the first quarter of 2023.
COVID outbreak grows in China’s Guangzhou as more lockdowns loom
COVID-19 cases sharply escalated in Guangzhou and other major Chinese cities, official data showed on Tuesday, with the global manufacturing hub fighting its worst flare-up ever and testing its …
Economist says there are two things China needs to do recover economically
Carlos Casanova of UBP says the country needs to move away from its zero-Covid policy and continue easing monetary and fiscal policies.
Nvidia touts a slower chip for China to avoid US ban
Two months after the U.S. choke off China’s access to two of Nvidia’s high-end microchips, the American semiconductor design giant unveiled a substitute with a reduced processing speed for its …
China COVID-19 outbreak leads to lockdowns
COVID-19 cases have sharply escalated in Guangzhou and other major Chinese cities as the global manufacturing hub fights its worst flare-up ever and tests its ability to avoid a Shanghai-style …
