Further gains in iron ore prices depend in large part on major new infrastructure spending.
Monthly Archives For January 2023
Beijing’s PM2.5 density slashed over past decade
Beijing’s average concentration of PM2.5 fell to 30 micrograms per cubic meter in 2022, 66.5 percent lower than that in 2013 when the city first included PM2.5 readings in its focus on air pollution monitoring…
Alibaba, other China ADRs surge as Ant Group capital plan approval fuels hope for relaxing scrutiny
Ant Group, which previously had its own IPO plans scuttled by regulatory concerns, was allowed to double its registered capital as part of the new plan.
China insists Covid is ‘under control’ even as patients swamp hospitals
Chinese state media has exhorted the country to win a “final victory” against Covid even as hospitals and funeral homes appear to be overwhelmed with cases and deaths.The rampant spread of the Omicron …
EU moving toward joint measures to face China COVID crisis
European Union nations are fine-tuning a coordinated response to China’s COVID-19 crisis on Wednesday and are zeroing in on travel restrictions that would upset both Beijing and the global airline …
China risks loom over U.S. tech giants Tesla and Apple as share prices plunge
Apple and Tesla are facing headwinds in China with concerns over consumer strength, which is contributing to investor jitters around the U.S. tech giants.
EU to require travellers from China to take pre-departure Covid tests
Bloc’s tougher entry requirements come despite warnings from Beijing of retaliation …
So many people are dying from COVID in China that a crematorium is giving families 5 to 10 minute slots to mourn victims
Demand for funeral home services has spiked so high that people are queuing up outside crematoriums to sell their spots to grieving families.
China Markets Kick Off 2023 With a Bang as Policy Shift Quickens
Chinese shares are off to a strong start in 2023, putting behind a dismal year as fears of isolationist policies give way to signs of an economic powerhouse turning friendlier to both the outside …
A war between China and Taiwan is the economic ‘black swan’ investors should be most worried about, ex-Fed chair Alan Greenspan warns
Any conflict over Taiwan would be “a nightmare scenario” for stocks and the global economy, Greenspan said in his 2023 investment outlook.
China threatens arrivals with reciprocal Covid travel curbs
UK, US, India and Japan, as well as several EU nations, among those have already announced fresh restrictions on arrivals from China, with the country planning to reopen its borders on 8 January …
Coronavirus tally: China awaits EU decision on COVID test requirements for Chinese travelers, rejects offers of help
The EU Integrated Political Crisis Response group is set on Wednesday to decide whether to impose EU-wide entry requirements from China, where COVID …
China’s buildup of the surveillance state — “Intelligence Matters”
China has some 400 million cameras surveilling the streets, as well as access to a billion smartphones used by Chinese citizens, Wall Street Journal reporters Liza Lin and Josh Chin tell Michael Morell.