The World Bank cut its GDP forecasts for China, and said new COVID-19 outbreaks, high debt and supply chain bottlenecks will jeopardise global economic activity.
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World Bank cuts China’s economic forecasts
Goldman cuts China GDP for 2022 — and exports aren’t the problem
Goldman Sachs cut its 2022 forecast for China’s economic growth Tuesday in expectation of increased restrictions on business activity to contain omicron.
Yuan to strengthen in 2022 if Chinese exports stay robust – China Press
The Chinese yuan is expected to strengthen further above 6.30 against the US dollar in 2022 if China’s exports continue to remain robust, the 21st Century Business Herald reported, citing traders with …
China reopens Vietnam border after Covid-19 caution disrupts trade
Closure of checkpoints following one Covid-19 case in border city of Dongxing had stranded thousands of trucks carrying goods from Vietnam Farm and frozen products to have priority to cross the border …
Rebalancing act: China’s 2022 outlook
The global context will also weigh on China’s outlook in 2022, by dampening export performance, a key growth driver last year. Following a strong 8 percent cyclical rebound in 2021, the World Bank …
Jump in Shenzhen Covid-19 cases puts Hong Kong border hopes on hold
Long-awaited reopening to mainland hinges on getting latest outbreak under control but updated numbers show a doubling within 24 hours.
Yuan to strengthen if Chinese exports stay robust – China Press
The Chinese yuan is expected to strengthen further above 6.30 against the US dollar in 2022 if China’s exports continue to remain robust, the 21st Century Business Herald reported, citing traders with …
China to receive 1st shipment of pine nuts exported from Afghanistan in 2022
Workers load pine nuts into a plane at Kabul International Airport in Kabul, Afghanistan, on Jan. 10, 2022. (Photo by Saifurahman Safi/Xinhua) A cargo flight carrying about 45 tons of pine nuts left …
Canadian women’s hockey targets 2nd gold medal of season when puck drops in Beijing
With the Olympic roster having been announced on Tuesday, here’s a look at Canada’s women’s hockey team’s 23 athletes who will vie for gold in Beijing.
China’s Dec PPI +10.3% y/y, CPI +1.5% y/y, slows from Nov
China’s factory-gate inflation rose at a slower pace in December as the prices of some raw materials fell, official data showed on Wednesday. The producer price index (PPI) climbed 10.3% from a year …
Enotek Upgrades the Brand with a New Vision to Innovate Smart Logistics for Manufacturing
Eoslift announced to change its corporate branding to Enotek in Shanghai, China. Enotek will help customers build efficient supply chain systems with intelligent products and system solutions, and …
China reports 221 new coronavirus cases in mainland on Jan 11 vs 192 a day earlier
China reported 221 new confirmed coronavirus cases for Jan. 11, up from 192 a day earlier, its health authority said on Wednesday. Of the new infections, 166 were locally transmitted, according to a …
China’s Road To Tech Independence
President Xi Jinping has declared that ‘‘self-reliance is the foundation for the Chinese nation,” and said that China must become a technology leader to protect its “national economic security.” …
