China rolled back its longstanding pandemic strategy “zero Covid,” which had protected the country for nearly three years, in early December. This reversal came after historic public protests calling …
Monthly Archives For January 2023
China spying on you through smart bulbs, fridges, cars and credit cards
The modules collect data and then transmit it via 5G networks, giving China the opportunity to monitor the movements of intelligence targets including people, weapons and supplies, and to use the …
China wants a more efficient workforce but analysts say that will be tough
By 2100, China is projected to have a workforce size of less than 400 million, according to UN data last July. Harnessing the potential of existing workers will be key to maintaining economic …
Oil’s bull story for 2023 is China’s reopening, but that could be derailed if Beijing can’t stay the course on its retreat from zero-COVID policy, RBC’s Helima Croft says
Chinese people are traveling more, and oil imports are rising, and that trend is the “real bull story for oil this year,” RBC’s Croft told CNBC.
China tells US to fix its own debt problems after Yellen Africa remarks
After U.S. Treasury Secretary Janet Yellen called China a barrier to debt reform in Africa this week, Chinese officials in Zambia had a pointed response – get your own house in order.
China’s Economic Model Is in Crisis (and Xi Knows It)
COVID exacerbated the imbalances in China’s economy. But the Chinese Communist Party hasn’t found the political will to correct them.
J&J expects inflation, China COVID hit to carry into 2023
Johnson & Johnson on Tuesday said it sees the impact from high inflation carrying into 2023 and expects China’s major COVID-19 outbreak to dent sales at its medical devices unit in the first half of…
Apple and others to benefit from China’s reopening, Morgan Stanley says
China’s reopening may eventually prove an upside catalyst for companies with high revenue exposure to the country, according to the bank.
How investors are playing the China reopening — from beer to travel stocks
China is reopening and investors are ready for it. After a bruising 2022, hedge funds have been adding positions in Chinese stocks. Net exposure in Chinese equities has increased from a low of 7% to…
Column: China’s diesel exports rebound easing global shortage
China’s exports of refined petroleum products, especially diesel, surged in the final two months of 2022, relieving some of the global shortage caused by unusually low exports since the middle of 2021 …
“China-chic” boom adds vigor to time-honored brands in Beijing
Well-known for its jasmine tea, Wuyutai Tea is a time-honored tea brand in Beijing with a 135-year history. It owns over 500 outlets around the country. “We have long noted the market changes, and …
Gulf markets rise on China demand optimism
Gulf stock markets closed higher on Tuesday on expectations of economic recovery in the world’s second largest economy, China, and smaller interest rate hikes from the U.S. Federal Reserve.
Taiwan’s president says war with China ‘not an option’
Taiwanese President Tsai Ing-wen has told Pope Francis in a letter that war with China is “not an option” and said constructive interaction with Beijing, which claims the island as part of its …
