U.S. stocks are lower Monday as the dollar rises on concerns about China’s latest round of COVID restrictions.
Monthly Archives For November 2022
China Locks Down Guangzhou In Covid Crackdown
The southern Chinese metropolis of Guangzhou locked down its largest district Monday as it tries to tamp down a major COVID-19 outbreak, suspending public transit and requiring residents to present a …
Coronavirus tally: China locks down Guangzhou district and sees first COVID death in over six months
China’s southern manufacturing hub of Guangzhou locked down its largest district Monday as it tries to tamp down a major COVID-19 outbreak, suspending public transit and requiring residents to present …
China COVID cases rise, hard-hit Beijing districts shut schools
A worker in a protective suit rides on an electric tricycle on a street during morning rush hour, following the outbreak of the coronavirus disease (COVID-19), in the Central Business District (CBD) i
Energy shares, China COVID cases weigh on Wall St; Disney jumps
Wall Street’s main indexes started the week lower due to a rise in COVID-19 cases in China and declines in energy stocks following a report of a likely increase in oil output, while gains in…
Chinese Exports to North Korea Surge in October
China’s exports to North Korea surged in 46.3% October from a month earlier, with foodstuffs including rice and sugar among the main items, though it shipped less COVID-related items except for rubber …
China announces first COVID deaths in months and unveils restrictions in Beijing and Guangzhou
China’s zero-COVID strategy was back in the headlines on Monday, after the country announced its first COVID deaths in nearly six months, announced new restrictions in the capital Beijing and locked down the largest district…
Philippines and China tussle over retrieving rocket debris floating in disputed South China Sea
The Philippines and China tussled on Sunday over Chinese rocket debris in the disputed South China Sea, raising tensions ahead of a scheduled visit by US Vice President Kamala Harris.
Why is China a Permanent Member of the U.N. Security Council?
The People’s Republic of China became a permanent member of the United Nations Security Council when it succeeded the Republic of China (ROC), now commonly referred to as Taiwan, following the passage …
China Calls on Banks to Stabilize Lending to Property Sector
China’s financial regulators have asked banks to stabilize lending to property developers and construction firms, the latest effort by policymakers to turn around the real-estate crisis and bolster …
China’s Vaunted Belt And Road Initiative Seems To Have Come A-Cropper
China’s BRI was always something of a Mafia-like enterprise. Beijing would approach poorer countries in Asia, Africa, Latin America, the Middle East, and the periphery of Europe and offer loans for …
Chinese market welcomes qualified foreign financial institutions: official
BEIJING – China’s financial sector has entered a new phase featuring high-standard opening-up, the head of the country’s top banking and insurance regulator said on Monday. Since 2017, the assets of …
China’s forex market shows growing resilience: official
Pan, also the deputy governor of China’s central bank, attributed the forex market’s resilience to the renminbi’s strengthening two-way fluctuation and flexibility, a surplus in the basic …
