The dollar climbed on Monday as sentiment soured after China said it is sticking with its strict COVID restrictions, quashing hopes of an imminent reopening in the world’s second-largest economy which …
Monthly Archives For November 2022
US firms tap into China’s import expo
American companies are pleased with the results of participation in the China International Import Expo (CIIE) and want to grow with the expo, said the U.S.-China Business Council President Craig …
China Stock Market May Test Resistance At 3,100 Points
The China stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had jumped …
CGTN: 5th CIIE: China’s door will further open after 20th Party congress
Echoing his report to the 20th CPC National Congress, Chinese President Xi Jinping Friday reiterated China’s commitments to promoting high-standard opening-up. “Openness is a key …
Beijing dashes hopes of end to loathed Covid lockdowns
China has dashed hopes of the country opening up in the foreseeable future as it renewed its pledge to enforce its strict zero-Covid policy.The reiteration came …
Beijing reports 41 symptomatic, 18 asymptomatic COVID cases for Nov 6
SHANGHAI, Nov 7 (Reuters) – China’s capital Beijing reported 41 symptomatic new locally transmitted COVID-19 infections and 18 asymptomatic cases for Nov. 6, local government authorities said on …
China reports 5,643 new COVID cases for Nov 6 vs 4,610 a day earlier
China reported 5,643 new COVID-19 infections on Nov. 6, of which 569 were symptomatic and 5,074 were asymptomatic, the National Health Commission said on Monday.
Asia-Pacific stocks rise ahead of U.S. midterm elections; China to release trade data
Shares in the Asia-Pacific traded higher Monday as investors digest the latest U.S. jobs report and look ahead to the midterm elections.
Oil falls as China sticks to strict COVID policy
Oil prices fell more than 2% at the start of Asia trade on Monday after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach, dashing hopes of an oil …
China’s Huawei seeks to lead 5G boom in Africa, as US, Europe shut doors
The US Federal Communications Commission has named Chinese telecoms firms China Unicom and Pacific Networks Corp as threats to US national security, with a formal ban likely to go through soon. Canada …
China opposes Canada’s disruptions of business cooperation
China firmly opposes Canada’s disruptions of regular business cooperation between Chinese and Canadian companies on the pretext of national security, the Chinese Ministry of Commerce (MOC) said Sunday …
Greg Hands heads to ‘ally’ Taiwan in defiance of Beijing
The UK is strengthening ties with Taiwan as a way to “future-proof” British interests in the face of an emboldened China.Greg Hands, the trade minister, will be …
Apple Warns iPhone Production Being Disrupted by China Covid-19 Restrictions
The company’s high-end iPhone 14 Pro and Pro Max models are being affected by reduced production capacity.