China’s mainland is seeing a widespread surge of new infections across its main cities. The numbers are small relative to Hong Kong, which had reported 32,000 cases Sunday.
FINANCE
China seen easing medium-term borrowing costs as COVID risks grow
China’s central bank is expected to roll over maturing medium-term policy loans and cut borrowing costs for the second time this year, a Reuters poll showed on Monday, as the a fresh wave of …
China’s yuan hits 1-month low as policy easing expectations, COVID resurgence hurt
China’s yuan weakened to a one-month low against the dollar on Monday, breaching a key threshold, pressured by rising expectations of monetary policy easing and worries over the fast spread of locally …
US official: Russia seeking military aid from China
A U.S. official said Russia asked China for military equipment to use in its invasion of Ukraine, a request that heightened tensions about the ongoing war ahead of a Monday meeting in Rome between top…
China stocks fall as COVID cases, weak data dent growth outlook
China stocks fell on Monday as domestic COVID-19 cases jumped to a two-year high, prompting Beijing’s technology and financial hubs to impose restrictions, while a sharp drop in February’s new bank …
China slams firms for falsifying carbon data
China’s environment ministry has slammed firms for falsifying carbon data, part of the country’s efforts to improve data quality as it prepares to expand its national emissions trading scheme into …
China’s ‘Silicon Valley’ manufacturing hub orders production halts to control a Covid spike
Mainland China is facing its worst Covid-19 outbreak since the height of the pandemic in 2020, with major cities rushing to limit business activity.
Apple’s top iPhone assembler is halting work at its China HQ and a key manufacturing plant because of a COVID-19 lockdown, reports say
Foxconn’s suspension of operations in Shenzhen threatens to exacerbate global supply-chain disruptions, including the production of iPhones.
China faces consequences if it helps Russia evade sanctions, US says
WASHINGTON – US National Security Adviser Jake Sullivan, who is due to meet with China’s top diplomat Yang Jiechi in Rome on Monday (March 14), warned Beijing it would “absolutely” face consequences …
Russia seeking military equipment from China: report
Russian officials have reportedly contacted Chinese counterparts about obtaining military equipment from the country amid the Moscow’s ongoing invasion of Ukraine. U.S. officials told the Washington …
China faces consequences if it helps Russia evade sanctions, U.S. says
U.S. National Security Adviser Jake Sullivan warned Beijing that it would “absolutely” face consequences if it helped Moscow evade sanctions over the war in Ukraine.
Russia seeks military equipment and aid from China, US officials say
The officials, who spoke on the condition of anonymity because of the sensitivity of the subject, did not describe what kind of weaponry had been requested, or whether they know how China responded.
Russian Finance Minister Alleges West Pressuring China To Restrict Moscow’s Access To Yuan
The United States and its allies have placed strong sanctions on Russia in response to Moscow’s escalating aggression in Ukraine.
