Oil prices rose further on Wednesday after data indicated that U.S. crude inventories shrank substantially in the past week, although the introduction of new anti-COVID curbs in major Chinese cities …
Monthly Archives For November 2022
China reports 29,157 new COVID cases for Nov 22 vs 28,127 a day earlier
China reported 29,157 new COVID-19 infections on Nov. 22, of which 2,719 were symptomatic and 26,438 were asymptomatic, the National Health Commission said on Wednesday.
China ‘played a great game’ on lithium and we’ve been slow to react, CEO says
Alongside its use in cell phones and computers, lithium — which some have dubbed “white gold” — is crucial to electric vehicle batteries.
4 detained over China trading company fire that killed 38
Four people have been detained over a fire at an industrial trading company in central China that killed 38 people …
Global banking sector well capitalised amid uncertainty, but China is still a risk factor for Apac players
THE global banking sector will likely remain resilient in the face of next year’s macroeconomic risks, thanks to strong capitalisation and asset quality across most banks, analysts said. Singapore …
China is showing signs its intense crackdown on the video game sector is easing
New game approvals in China and a report praising the progress of reducing gaming addiction could be positive signs for giants Tencent and NetEase.
China’s top auto association cancels Shanghai event citing COVID
China’s top auto association said on Wednesday it would cancel the second day of the China Automotive Overseas Development Summit that was taking place in Shanghai, citing the deteriorating COVID-19 …
UBS says self-driving cars could become a $100 billion market in China — and names stocks to play it
Autonomous driving will be a “more significant” megatrend than electric vehicles, UBS says, and names several stocks to play it.
China Mobile Guangdong and Huawei Set a Benchmark for 5G Smart Offshore Wind Farms
PRESS RELEASE: China Mobile Guangdong and Huawei have completed a 5G network project for the Jieyang Offshore Wind Farm, built by the State Power Investment Corporation Limited (SPIC) off South …
Dtech IPO In Shenzhen Mints New China Billionaire Couple
Tuesday’s listing by Guangdong Dtech at the Shenzhen Stock Exchange has minted a new billionaire couple in China. Shares in the Dongguan-headquartered manufacturer climbed by 47.6% on their debut to …
Defense & National Security — China biggest priority during top officials’ trips
While Defense Secretary Lloyd Austin met on the sidelines in Cambodia with China’s defense minister on Tuesday, Vice President Harris the same day spoke in support of international norms from the …
China Blocks Viral WeChat Post Criticizing Tough Covid Policies
A social media post that questioned China’s Covid policies was removed and the author blocked after it went viral on the country’s WeChat platform Tuesday — speaking to growing public concerns about …
China steps up financial support for economic recovery
Chinese banks have made full use of inclusive finance to shore up cash-strained businesses. In his speech at the forum, Yi said that as of late September, the balance of inclusive loans to China’s …
