Ineffective local vaccines and long lapses in vaccination schedules have left much of the population at risk. The economy may sustain structural damage from a severe Zero-Covid “exit wave.” …
FINANCE
China Plans First Changes to Auto Finance Rules in 15 Years
The China Banking and Insurance Regulatory Commission plans to remove equity investment from the business scope of auto finance companies and add funding for car accessories so that buyers can get …
Trump Declared In Presidential Debate He Shut Down Chinese Bank Account. He Didn’t.
The Trump Organization also collected millions in income from more than a dozen foreign nations while Trump was president, according to his tax returns.
Donald Trump’s Federal Tax Returns Reveal Bank Account In China, No Taxes Paid In 2020
The filings on Trump’s federal tax returns shed light on the former President holding foreign bank accounts between 2015 and 2020, including a bank account in China between 2015 and 2017 …
Trump maintained bank accounts in China even after becoming US President, income tax return reveals
Earlier, former US President Donald Trump said he closed all his bank accounts in China before he began his 2016 campaign for the White House.
China’s factories see activity slump to lowest level in almost 3 years as Covid-19 batters economy
Official manufacturing purchasing managers’ index slides to 47.0 in December 56.3 per cent of producers have noted big impact from the pandemic on their operations China’s manufacturing activity …
China Economic Activity Worsens in December as Covid Spreads
China’s economic activity contracted at a steeper pace in December as the country suddenly reversed its Covid Zero policy and the virus swept through major cities, causing people to stay home and …
China’s Reopening Bounce Is Over: The Next Leg Down Begins Soon
The financial media has been focused on the reopening of China trade for several weeks now. The short-sighted view of things is that demand will bounce back and Chinese businesses will respond …
Trump tax returns show China bank account as six years of records released
Returns date from 2015 to 2020 and span nearly 6,000 pages as former president rails against effort by ‘radical left Democrats’ …
China’s Reopening Bounce Is Over: Here’s What’s Next
The financial media has been focused on the reopening of China trade for several weeks now. The short-sighted view of things is that demand will bounce back and Chinese businesses will respond …
China Central Bank Promises More Policy Support for Economy
The People’s Bank of China will keep growth of money supply and total social financing basically in line with nominal economic growth, the central bank said in a statement after a quarterly meeting of …
Permitted share of China’s yuan in Russian wealth fund doubled to 60% -Finance Minister
Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wealth Fund (NWF) had been doubled to 60% as it restructures its rainy-day fund to reduce dependency …
China funds with energy bets stand out in a bleak year
Chinese fund managers who made big bets on energy companies are celebrating a year that was brutal for many of their peers.
