SINGAPORE (Reuters) – Oil edged lower on Friday as China’s COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude and products …
FINANCE
Beijing approves driverless taxi permits for Baidu and Pony.ai
Beijing is paving the way for driverless robotaxis. China’s capital city granted permits to auto startup Pony.ai and Chinese internet giant Baidu to offer self-driving car services to the …
Apple sees growing supply problems, says demand in China affected
Chief Financial Officer Luca Maestri warned in an interview that … Supply problems were focused on a corridor in Shanghai, China and reflected COVID disruptions and silicon shortages, he added. The …
Is China Finally Distancing Itself From Russia?
Even China and India, which have refrained from … the Chinese state-led financial services network that would have been the ideal replacement for Western Visa and Mastercard, which have both …
Beijing COVID lockdowns spread concerns over economic fallout
With mass COVID testing underway in Beijing after an outbreak of the virus, concerns are growing that lockdowns could be implemented.
China urged to give cash handouts, as its economy and most vulnerable citizens are desperate for a lifeline
The sooner the central government starts giving out Hong Kong- and US-style consumption vouchers, the better, according to economists.
What Wall Street expects from China Citic Bank A’s earnings
China Citic Bank A will release earnings for Q1 on April 29.Wall Street analysts are expecting earnings per share of CNY 0.300.Track China Citic …
Zero Covid Is Breaking China
Xi Jinping appears to have no way out of the all-or-nothing approach he’s forced on China, Brian P. Klein writes in a commentary essay.
Sinopec expects China’s oil demand to recover in Q2, positive growth in 2022
BEIJING: China’s Sinopec Corp expects demand for refined oil products to recover in the second quarter as COVID-19 outbreaks in the country are gradually controlled, and sees full year oil consumption …
Across China, cities crack down to avoid virus surge, upending business
The swift measures, from mass-testing drives to lockdowns, for just a mere handful of COVID-19 cases, aim to keep flareups at bay and avoid the economic hardship endured by Shanghai.
X Financial Files Annual Report on Form 20-F for Fiscal Year 2021
X Financial (NYSE: XYF) (the “Company” or “we”), a leading online personal finance company in China, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 …
Ping An Life becomes first China insurance company to issue ESG bond index
Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that the ChinaBond Ping An Life Insurance ESG Integration Strategy Credit Bond Index has been jointly …
165 million people impacted by China’s Covid lockdowns. Here’s what you need to know
By Jessie Yeung, CNN China has introduced lockdown measures in its two biggest cities, Beijing and Shanghai — the twin engines that power much of the nation’s economy — in an uncompromising bid to …
