China’s imports and exports plunged in November to levels not seen since early 2020, official say, as severe Covid restrictions hit the economy hard.
Monthly Archives For December 2022
Column: China imports of major commodities look strong, but details devilish: Russell
China’s imports of major commodities in November appeared unambiguously strong, but delving into the details shows a more nuanced picture amid ongoing uncertainty.
China reports 21,439 new COVID cases for Dec 7 vs 25,321 a day earlier
China reported 21,439 new COVID-19 infections on Dec. 7, of which 4,079 were symptomatic and 17,360 were asymptomatic, the National Health Commission said on Thursday.
Beijing shifts focus to boost economic recovery
China’s Politburo, the Communist Party’s top decision-making body, says it will seek a turnaround in the economy next year, pledging to keep fiscal policy active and monetary tools targeted and “forceful.
Chinese students protest as university locks down over one Covid case
Conditions of entry to supermarkets and offices eased, with more expected after protests forced China’s government to abandon its zero-Covid policy
‘What’s the point of buying?’ China’s property woes push young to rent
But while Chinese newly-weds typically see property ownership as an essential next step after marriage, Li and her husband are instead renting a two-bedroom apartment in the capital for Rmb13,000 ($1, …
Netherlands Plans Curbs on China Tech Exports in Deal With US
Dutch officials are planning new controls on exports of chipmaking equipment to China, according to people familiar with the matter, potentially aligning their trade rules with US efforts to restrict …
Crypto Market Daily Highlights – DOGE Led a Bearish Top Ten Session
Recession fears and geopolitics weighed on the crypto market and riskier assets, including the NASDAQ Composite Index as investors await the Fed.
China’s COVID gamble could rock the global economy
the restrictions and chilling effects of the COVID policies on international and domestic travel (air traffic in China is about 20 per cent of what it was before the pandemic and business executives …
Netherlands Plans Curbs on Chip Exports to China in Deal With U.S.-Bloomberg News
(Reuters) -Dutch officials are planning to enforce new controls on exports of chip-making equipment to China, Bloomberg News reported on Wednesday, citing people familiar with the matter. The report comes after Dutch Trade Minister Liesje…
US manufacturers with ties to China applaud easing of Covid-19 restrictions
But analysts warn that Beijing’s policy change in wake of rare street protests doesn’t necessarily signal stability or a return to the pre-pandemic status quo ‘We sense that a crucial corner has been …
‘It’s about time to open up’: What’s changed as China relaxes strict COVID-19 rules
In a major policy shift, China eased rules on home quarantine, scrapped the need for frequent mass testing and revised guidelines for snap lockdowns.
Fauci isn’t just worried about a ‘wave of infections’ as China reopens. He sees a risk in a whole new wave of mutant variants
“Whenever you have a large wave of transmissions of a virus, you give it ample opportunity to mutate,” he said.
ADVERTISEMENT
