SMM expects China’s refined zinc imports in March to fall from February as the import losses remained above 1,500 yuan/mt, even after the SHFE/LME zinc price ratio had improved. The decline was …
Monthly Archives For April 2023
China’s economic recovery picks up speed as COVID curbs end
BEIJING, April 18 (Reuters) – China’s economic recovery gathered pace in the first quarter, as the end of strict COVID curbs lifted the world’s second-largest economy out of a crippling pandemic slump …
China’s GDP growth rises to 4.5% amid consumption boost
China’s economy grew 4.5% in the first quarter of the year, boosted by increased consumption and retail sales, after authorities abruptly abandoned the stringent “zero-COVID” strategy …
GOP coronavirus origins report details 2019 China biosafety scramble at Wuhan lab
A new Senate Republican report concludes COVID-19 most likely originated at a Wuhan laboratory and that the pandemic began earlier in 2019 than China admits, noting Chinese biosafety scrambling and military involvement at the lab.
China’s economic recovery speeds up, global headwinds point to bumpy outlook
China’s economy grew at a faster-than-expected pace in the first quarter, as the end of strict COVID curbs lifted businesses and consumers out of crippling pandemic disruptions, although headwinds from a global slowdown point to…
China’s Economy Rebounds After Three Years of Zero-Covid Isolation
Retail sales rose more than 10% in March, topping expectations and hinting at increased consumer confidence.
Oil steady as markets look ahead to China GDP data
Oil prices held steady in early trading on Tuesday after falling 2% in the previous session, with markets awaiting the release of economic data in China, looking for signs of economic recovery and growth to…
Asian Shares Mixed Over Economic Growth, Rate Worries
Asian markets are trading mixed as worries continue about economic growth, even as some hopes were perked by a recent rise in U.S. bank issues
Dollar Firm on Fed Rate Hike View, Focus on China Data
SINGAPORE (Reuters) – The dollar eased on Tuesday after rallying overnight as strong U.S. economic data reinforced expectations that the Federal reserve will hike interest rates again in May, while …
IMF: China contributes to global financial stability
WASHINGTON: China’s economic growth is important for both Chinese and global financial stability at a time when the global financial system is showing considerable strains, says an International …
UK cyber security chief to warn of China’s rise as a technology superpower
Lindy Cameron speech expected to present the security threat posed by Beijing as an epoch-defining challenge to the west …
China EV Stocks Gain As Key Auto Show Opens; XPeng Leaps 13% On New Platform
Gains among U.S.-traded makers were led by XPeng Motors, after the Guangzhou-based company unveiled a new production platform that it said would lower manufacturing costs. XPeng, led by billionaire He …
China is a developing country despite US move
The US House of Representatives recently passed the “PRC Is Not a Developing Country Act” with a 415-0 vote. If passed by the Senate, too, and signed by US President Joe Biden, the act will…
