(Bloomberg) — Videos showing acres of wheat in China being destroyed or cut down before they mature are going viral on social media, throwing doubts on the quality of the crop in some areas at…
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China’s yuan rallies from 19-mth low on hopes U.S. will remove Trump era tariffs
China’s yuan bounced on Wednesday from a 19-month low hit a day earlier against the dollar, shrugging off a weaker official guidance rate, as rising hope for the United States to drop some tariffs on…
Global investment banks in China finally turn a profit
All but one of the global investment banks in China finally managed to eke out a profit last year after Beijing allowed them to take full control of their operations and expand their influence in…
China’s lack of growth drivers is a ‘bigger story’ than inflation, says research firm
2022 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and …
China’s zero-Covid policy isn’t any different from past policy restructuring: Asset management firm
Pierre Hoebrechts of Arowana Asset Management discusses what China’s zero-Covid strategy means from an … time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock …
Oil Climbs Above $100 as China’s Virus Cases Ease Before US Data
Oil extended declines below $100 a barrel ahead of US and Chinese economic data that will gauge the health of the global economy.Most Read from BloombergMarcos Jr. Leads With 61% of Votes Counted: …
China Inflation Exceeds Forecasts as Lockdowns Roil Supplies
China’s factory gate prices rose faster than expected in April, while consumer prices climbed again as Covid outbreaks and lockdowns last month drove food and fuel costs higher. Most Read from …
Fertility and savings: The effect of China’s two-child policy on household savings
China’s high household savings rate remains a puzzle, with potential explanations including demographic, policy, and financial causes. This column investigates China’s savings rate using individual …
Win Streak May Continue For China Stock Market
The China stock market has tracked higher in back-to-back sessions, collecting almost 35 points or 1.2 percent along the way. The Shanghai Composite Index now rests just above the 3,035-point plateau …
USD/CNH Price Analysis: Retreats from weekly hurdle on firmer China CPI
USD/CNH extends pullback from 19-month high on strong China inflation data. China CPI rose 2.1%, PPI grew 8.0%, both figures crossed market consensus. Sluggish RSI, a convergence of 100-HMA and …
China says warned U.S. warship as it transited Taiwan Strait
China’s armed forces carried out another round of exercises … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals …
Beijing utilizes monetary policies to enliven economy
BEIJING: China is using its monetary policies nimbly to buoy the economy amid growing uncertainties here and overseas, a People’s Bank of China (PBOC) official said, adding that Beijing is able to …
Beijing tightens restrictions
Zhang Yanlin, deputy head of Shunyi district, said the new cluster mainly occurred in a data centre of the Beijing Rural Commercial Bank in the district. By 4pm on Monday, the district had identified …
