COVID-19 outbreaks across China and the associated reductions in economic activity have already hit the auto industry hard, with car sales dropping 10.5 per cent in March …
Featured Posts Title
Drones ‘Completely Banned’ in Beijing! The Shock of Strict Regulations That Prohibit Not Just Flying, but Also Possession and Storage
Trump officials warn China is weaponizing rare-earth dominance as Beijing uses critical minerals for leverage
US., China agree to slash tariffs on $60B of goods
US and China agree to cut tariffs on $60 billion worth of goods, from coal to toys
China’s Crowded Car Industry Moves Toward Consolidation
China and the U.S. Pledge to Cut Tariffs on $60 Billion in Goods
China, US agree tariff cuts on $60 billion of goods including agriculture, household items
Recent Posts
Strict COVID-19 lockdowns in Shanghai threaten auto production in China
Covid-19 in China: Shanghai logs 3,200 confirmed cases, the highest in a day
Around 20 million of Shanghai’s 25 million residents are still confined to their homes or neighbourhoods, a state media report said, according to the three-tier lockdown categories implemented in the …
China, Pakistan plotting to make new fatal bio-weapon? Report says so
More than 3,400 cases of Covid cases were reported in China on Friday. Apart from this, 20,700 such cases were also detected in which patients did not show any symptoms.
China is sending its most advanced fighter jet to patrol disputed East and South China Seas
China has begun sending its most advanced fighter aircraft, the J-20, to patrol the East and South China Seas, Chinese state media has reported.
China cuts reserve requirements for banks as economy slows
China said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this year, releasing about 530 billion yuan ($83.25 billion) in long-term liquidity to bolster…
China Covid: Clashes in Shanghai over lockdown evictions
He Xiaopeng, president of electrical vehicle manufacturer Xiao Peng, said that if work doesn’t start again in Shanghai during May, potentially all car factories across the country …
Faced With a Changed Europe, China Sticks to an Old Script
Europe was viewed as lacking the power and the will to contest China’s rise. But now, a harder line toward Russia has implications for Beijing.
Slump in China’s property market continues as new home prices fall in more cities
Analysts are pessimistic about outlook as lockdowns and worries about economic growth weigh on the property market. . Read more at straitstimes.com.
China’s new home prices fall at slower pace as authorities loosen curbs, but sector not out of the woods yet, analysts say
Prices of new homes in 70 major cities dropped by 0.07 per cent in March, slightly narrower than February’s 0.13 per cent decline ‘Although the decline is slower, there are still hurdles to a rebound…
China urges smaller banks to lower deposit rate ceiling by 10 bps – sources
BEIJING — China’s interest rate regulatory body is encouraging … But lenders who comply would receive bonus points in the macro prudential assessment, which is a central bank-led quarterly health …
China Covid Lockdown: Here Are New Shortages You Might See Soon
Almost 80% of all U.S. imported cell phones come from China, almost 81% in a broad children’s toy category, more than 78% of video game consoles, and 85% of computer monitors.
Growing defiance of COVID-19 curbs in China brings wave of arrests
BEIJING: Sun Jian, a 37-year-old master’s degree student in the Chinese city of Yantai, for months staged a solo campaign against his university’s COVID-19 prevention measures, including blistering …
China holds military drills around Taiwan as U.S. lawmakers visit
Chinese officials blamed a congressional delegation for raising tensions with the “provocative” trip to the island, which Beijing claims as its territory.
