State-backed entities have taken tiny stakes in parts of two Alibaba subsidiaries that oversee a video platform and web browser.
Monthly Archives For January 2023
‘Black Panther 2,’ ‘Ant-Man 3‘ Secure China Release Dates as Beijing Lifts De Facto Ban on Marvel
The tentpoles, both releasing in China in February after Chinese New Year, will be the first Marvel/Disney releases in the world’s second-largest theatrical market since ‘Avengers: Endgame’ in 2019.
China accuses ‘some Western media’ of COVID-19 coverage bias
China has accused “some Western media” of bias, smears and political manipulation in their coverage of China’s ending of its strict “zero-COVID” policy …
China’s recovery may mean the Fed will have to hike rates longer
St. Louis Fed President James Bullard said a reopened China makes him “nervous that will lead to upward pressure on inflation.” As the end of China’s stringent Covid restrictions quickens the …
Himalaya Airlines resumes weekly flights to Beijing
The Kathmandu-Beijing flight was previously suspended in 2020 amidst the COVID-19 pandemic. The flights have been restarted after China eased its travel restrictions on January 8. Himalaya Airlines is …
China announces lunar new year censorship crackdown to silence Covid ‘rumours’
Plan to target ‘gloomy sentiments’ across festival period comes as independent health forecasters estimate over 600,000 deaths from Covid
China races to make Covid-19 drugs as Xi fears rural outbreaks
Drugmakers are ramping up operations to triple their capacity to make key fever and cough medicines. Read more at straitstimes.com.
China’s population is shrinking. The impact will be felt around the world
China has reported a fall in its population for the first time in more than 60 years, suggesting trouble ahead for both the world’s most populous nation and the global economy.
China’s unlikely to achieve semiconductor self-sufficiency for quite some time, Moody’s says
Michael Taylor of Moody’s Investors Service says it expects China will continue to be a major importer of chips, as its ability to produce chips, particularly higher-end ones, remains “very constrained.
China seen keeping benchmark lending rates unchanged for fifth month
China is expected to keep benchmark lending rates unchanged for a fifth month in January, a Reuters survey showed, although analysts think cuts next month are probable after the central bank pledged …
Asia Hedge Funds Avert Disaster on Scale of Financial Crisis With China’s Reopening
Asia hedge funds narrowly averted their first year of double-digit losses since the 2008 financial crisis after China’s sudden easing of Covid restrictions spurred a late market rally.
Drop in China-bound Japanese exports adds to fears of global downturn
Japan’s export growth slowed sharply in December as China-bound shipments fell for the first time in seven months, stoking fears of further slowdown in the global economy and external demand for …
Inside Yellen’s rare meeting with China’s vice premier
Wednesday’s meeting between Yellen and China’s Vice Premier Liu He at the World Economic Forum in Zurich, Switzerland, gave Treasury officials a chance to hear Beijing’s theory of its economy — as …
