China’s yuan eased slightly and traded just below a psychologically critical threshold on Tuesday amid signs the central bank is growing uncomfortable with the currency’s recent rapid gains. BEIJING, …
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Yuan eases as China shows discomfort with recent gains
China’s Feb factory activity returns to growth
China’s factory activity returned to growth in February, buoyed by expanding new orders, a private poll showed on Tuesday, although employment remained mired in contraction and inflationary pressures …
China manufacturing grows weakly in February
Two surveys show Chinese manufacturing grew weakly in February, hampered by supply disruptions, anti-virus controls and lackluster global demand …
China’s economy faces multiple challenges at home and abroad: Top official
Foreign trade will be confronted by uncertain external demand, says Commerce minister. . Read more at straitstimes.com.
Ukraine’s fundraising plea vanished in China as crypto donations pour in from around the world
China’s state broadcaster briefly shared an online plea from the Ukrainian embassy in China asking for donations to its military before deleting the post, as Beijing tries to walk a fine line on the …
China parliament to choose stimulus over reforms as economy slows
China’s rubber-stamp parliament begins its annual meeting on Saturday, when it is expected to unveil more stimulus to ease a growth slowdown that could fuel job losses in a politically sensitive year, …
China could eventually ‘co-exist’ with COVID-19
COVID strategy “in the near future” and co-exist with the virus, a top Chinese scientist said in a possible sign that the country’s leadership is rethinking its strict approach. The country where the …
Rumours and fears as China tech hub Shenzhen under pressure to contain coronavirus outbreak
As new coronavirus cases reach fresh highs in Hong Kong, the neighbouring city of Shenzhen is also feeling the pressure to contain its worst outbreak fuelled by a new Omicron sub-variant.To help …
Oil lubricates Beijing’s Russian tightrope
Beijing is walking an increasingly slippery tightrope when it comes to Russia. China relies on crude from the now pariah state for nearly a fifth of total imports. Though the pair can sidestep Western …
Beijing’s pro-Russia approach may jeopardize safety of Chinese in Ukraine
According to the Chinese embassy in Kyiv, there were around 6,000 Chinese nationals in Ukraine when Russia launched its military operations in the country …
China could eventually ‘co-exist’ with Covid: top scientist
China could move away from its zero-Covid strategy “in the near future” and co-exist with the virus, a top Chinese scientist said in a possible sign that the country’s leadership is rethinking its …
China backpedals on climate promises as economy slows
When China’s President Xi Jinping issued his traditional Lunar New Year wishes from the country’s coal heartland in January, the subtext was clear: Beijing is not ready to kick its coal addiction, …
China warns of ‘huge’ pressure on foreign trade as economic challenges mount
A top Chinese official warned on Tuesday that China’s economy faces multiple challenges at home and abroad this year, including “huge” pressure from uncertainty over global trade and from …
