Protests broke out across the People’s Republic this week as authorities tightened lockdowns to contain the virus. In this Viewsroom podcast, Breakingviews columnists discuss the difficulties of …
Monthly Archives For December 2022
China’s Caixin manufacturing PMI shows slimmer profits for smaller manufacturers
Chinese manufacturing activity contracted further in November. The future depends on the implementation of Covid measures and external demand …
BYD Was China’s Best-Selling Brand In November, Beating Volkswagen
It may have only been one month, not a year or even multiple years, but according to AutoNews Europe, BYD outsold Volkswagen in November of this year. That makes it the automaker with the highest…
China steps up corporate governance watch on financial institutions
It will include rural cooperative banks, financial asset management companies, financial leasing companies and consumer finance companies to the scope of supervision, according to the revised measures …
Asia’s factory activity shrinks as China lockdown impact widens
TOKYO: Factory output slumped widely across Asia in November as slowing global demand and uncertainty over the fallout from China’s strict COVID-19 lockdowns weighed on business sentiment, private …
Nickel Products Trader Becomes China’s Latest Billionaire
About 43% of its products are used by the EV industry. Revenue in the first six months of 2022 more than doubled to 10 billion yuan from 4 billion yuan a year earlier. Plugged In:…
China warns of crackdown amid confused messaging on ‘zero covid’ future
Chinese authorities warned of a sweeping crackdown on “zero COVID” protesters and security forces conducted random spot-checks on the streets of major cities, amid widespread confusion over whether …
China’s ‘Zero-COVID’ Repression Is What Happens When You Give All Power to the Scientific-Technocratic Elite
This is an important moment, and not just in China. There were plenty here in the West who wanted something like China’s zero-COVID policies.
Chinese yuan strengthens to 7.1225 against USD Thursday
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Follow China…
China’s manufacturing downturn eases in Nov.
Caixin China General Manufacturing Purchasing Managers’ Index (PMI) came in at 49.4 in November, representing a slight increase of 0.2 index points compared to the month prior, according to the …
Oil edges higher on tight supply, China demand recovery optimism
However, Chinese business activity shrank further in November, official PMI data showed on Wednesday, raising fears about next year. Crude oil supply is expected to remain tight. U.S. crude oil stocks …
Beijing communities no longer require COVID-19 cases to undergo centralized quarantine, shifting to a home based model
A number of residential communities in Beijing have adjusted quarantine requirements for those who have tested positive for COVID-19, shifting away from centralized quarantine towards a home based …
Chinese papers go black in mourning for late leader Jiang Zemin
Chinese newspapers turned their front pages black on Thursday and flags were put at half mast in mourning for the death of former president Jiang Zemin, whose death has prompted a wave of nostalgia …
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