Industrial metals from copper to iron ore recouped some of Monday’s losses after China pledged more support to help revive an economy that’s been imperiled by an escalating virus outbreak.Most Read fr …
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China reacts to financial stress
Markets will continue to follow Chinese developments closely amid China expanding coronavirus testing to most of Beijing which could precede a shut-down of the city similar to Shanghai. A possible …
Tech Leads China Stocks Rebound as Beijing Renews Policy Support
Tech shares drove a rebound in Chinese stocks as Beijing’s renewed pledge to step up growth lured back some buyers after weeks of intense selling.Most Read from BloombergElon Musk Lands Deal to Take T …
China to offer another loan to settle existing loans, says Sri Lanka’s Cabinet Spokesperson
China has said it does not prefer debt restructuring, but is ready to offer another loan to settle existing loans, says Cabinet – Get the latest breaking news and top stories from Sri Lanka, the…
China Locks Down Northern Hub for Coal and Rare Earths Output
The lockdown of Baotou in the northern region of Inner Mongolia takes China’s Covid Zero policy deep into coal country and to a crucial hub for the production of rare earths.Most Read from BloombergEl …
Most of Beijing to be tested for Covid amid lockdown fears
BEIJING — Beijing will conduct mass testing of most of its 21 million people, authorities announced Monday, as a new Covid-19 outbreak sparked stockpiling of food by residents worried about the …
China Central Bank Seeks to Calm Markets with Support Pledge
China’s central bank pledged to increase support for the real economy as authorities try to reassure financial markets battered by a worsening growth outlook and rising Covid lockdowns.Most Read from …
China central bank to step up policy support for small firms hit by COVID-19
BEIJING: China’s central bank said on Tuesday (Apr 26) it will step up prudent monetary policy support to the real economy, especially to small firms hit by COVID-19, responding to a media question …
Asian markets mixed but China, Fed keep confidence in check
HONG KONG – Asian markets were mixed Tuesday as investors scrabbled to recover from the previous day’s rout but fears over the impact of China’s Covid-induced lockdowns and the Federal Reserve’s plan …
China to further tap consumption potential
China on Monday unveiled guidelines to further tap the country’s consumption potential, with detailed measures to tackle short-term bottlenecks and boost longer-term consumption vitality.
China central bank to step up policy support for small firms hit by COVID
China’s central bank said on Tuesday it will step up prudent monetary policy support to the real economy, especially to small firms hit by COVID-19, responding to a media question seeking comment on …
Covid Lockdowns Send China’s Economy Reeling as Outbreaks Spread
China’s economy slowed rapidly in April as the costs of both a worsening Covid outbreak and the nation’s stringent approach to eliminating the virus took their toll. Most Read from BloombergElon Musk …
China Politburo Under Pressure to Help Economy as Covid Spreads
China’s leaders are under mounting pressure to throw the country’s Covid-stricken economy a lifeline as they gather for a critical meeting in the coming days.
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