Residents of some parts of China’s capital were emptying supermarket shelves and overwhelming delivery apps today as the city government ordered faster construction of COVID-19 quarantine centers and …
Monthly Archives For November 2022
Here’s how a Russian oil price cap could flop – and instead benefit China and India
Oil historian Gregory Brew and Energy Aspects’ Livia Gallarati explain what to watch as a price cap on Russian crude edges closer.
Morning Bid: Wild oil ride amid China and crypto woe
Although Hong Kong stocks took another outsize hit, downbeat world markets were more mixed on Tuesday as ebbing oil prices – weighed down by China’s woes and world recession fears – went on a wild…
China Covid-19 Infections Hit Record High; Central Bank Infuses $70 Billion Into Faltering Economy
The Chinese economy’s growth had decelerated to just 3 percent in the first three quarters of 2022, which is far below the targeted annual growth rate of around 5.5 percent.
China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy
The People’s Bank of China is cutting banks’ reserve requirement ratio in an effort to boost lending to households and businesses. Economists say the move will likely have limited impact.
Coronavirus: European firms call for exit plan, vaccination roll-out to end China’s ‘dire’ Covid curbs
The European Chamber of Commerce in China has called on the mayor of Beijing to impose clear road maps and timetables for vaccination roll-out Regions contributing one fifth of the Chinese economy are …
Panic-buying in Beijing as city adds new quarantine centres
BEIJING: Residents of China’s capital were emptying supermarket shelves and overwhelming delivery apps Friday as the city government ordered accelerated construction of COVID-19 quarantine centres and field hospitals. Uncertainty and scattered, unconfirmed …
Dutch trade minister says speaking with US about chip export controls to China: report
The trade minister for the Netherlands said on Friday that the European country was speaking with the U.S. to discuss the new export controls for semiconductor equipment to China, but noted that …
China Will Get Over Covid-19. But Will Its Markets Recover?
Beijing will eventually find a way out of its strict Covid-zero regime. But investors shouldn’t assume that makes a structural bull market inevitable.
Panic-buying hits parts of Beijing as it grapples with a COVID-19 outbreak
The shelves of some supermarkets in Beijing were cleared out by a surge in shoppers as the city hastily builds new COVID-19 quarantine centers.
Beijing’s COVID-19 measures fuel demand for food, other supplies
Residents of China’s capital were emptying supermarket shelves and overwhelming some delivery services on Friday as the country grappled with a spike in COVID-19 cases.
Chinese-Canadian pop star Kris Wu sentenced to 13 years of prison for rape in China
A Chinese court in Beijing sentenced Chinese-Canadian pop star Kris Wu, also known as Wu Yifan, to 13 years in jail after finding him guilty of sexual offenses, including rape, the court said in a…
Far from “zero-COVID,” cases in China are soaring, and so is frustration with the government’s tactics
As other nations seem to be living with the virus, China is doubling down on its draconian policy, and that’s fueling a rare backlash in the tightly controlled nation.
