The monthly purchasing managers’ index of the Chinese statistics agency and an industry group, the China Federation of Logistics and Purchasing, fell to 49.5 from February’s 50.2 on a 100-point scale.
Featured Posts Title
Beijing AI academy slams inclusion on US Entity List
Oil prices are high but could be much worse. Trump has China’s Xi to thank for that
Trump will be at the airport to greet Xi when China’s leader arrives for his US state visit
Beijing Seeks Trade Stability With Washington Ahead of Xi-Trump Meeting
US Treasury’s Bessent to discuss AI, trade, rare earths with China’s He, source says
Tehran sees Beijing as potential bridge to Washington
US, China discuss cutting tariffs on US LNG ahead of Xi visit
Recent Posts
China manufacturing weakens as anti-virus controls tighten
China’s Xi strongly backs Afghanistan at regional conference
Chinese leader Xi Jinping on Thursday issued strong backing for Afghanistan at a regional conference, while making no mention of human rights abuses by the country’s Taliban leaders. Xi pledged …
China-U.S. audit dispute outcome depends on wisdom of both parties – CSRC
China’s securities regulator said on Thursday both China and the United States have a willingness to solve their audit disputes, and the outcome depends on the wisdom of both parties.
China’s zero-Covid policy tests small businesses in a make-or-break it year
While China tries to shake off omicron, the country’s zero-Covid policy sets small businesses up for a third year of stop-and-start uncertainty.
Wall Street told ‘China’s Google’ that it may have to delist amid ongoing US-China discussions over audit dispute
The SEC’s decision to add Baidu to a watchlist intensifies a dispute over granting US officials full access to US-listed Chinese firms’ audit books.
China Tech Stocks Fall as U.S. Signals Tough Stance on Delisting
Chinese technology stocks slid after the U.S. securities regulator played down the prospect of an imminent deal to keep local firms listed on American exchanges.
China Factory Activity Contracts as Cities Go Into Lockdown
China’s manufacturing activity contracted in March as authorities locked down major technology and factory hubs to curb a surge in Covid cases, damaging the outlook for economic growth.
Moody’s – China’s shadow banking sector shrinks sharply amid continued regulatory oversight
Shadow banking assets as a share of nominal GDP fell … inflation Moody’s Investors Service says in a new report that China’s shadow banking assets contracted sharply in 2021 amid regulators …
China’s March Factory Activity Contracts on COVID Resurgence
China’s factory activity contracted in March as the economy faced renewed downward pressures from stringent COVID-19 controls, an official survey showed on Thursday. The official manufacturing …
As bitcoin miners go green, China’s ban could be a ‘trillion-dollar’ present to US
A mining executive told CoinDesk that China’s ban on crypto mining was a “trillion-dollar present” to the US. This view was mirrored by Michael Saylor, CEO of MicroStrategy, a software analytics …
China Eastern airline crash search and rescue done, Beijing working on preliminary report
China plans to complete the preliminary report within 30 days of the incident. . Read more at straitstimes.com.
Australian envoy denied entry to journalist Cheng Lei’s closed-door trial in Beijing court
Australia’s ambassador to China was denied entry into the trial in Beijing, with the Australian journalist having spent 18 months in detention over accusations of supplying state secrets.
International court determines scope of duties on certain Chinese imports
The U. S. International Trade Commission determined that an engineered wood product fell within the parameters of the investigative probe into imports of Chinese millwork and wood moulding imported …