Imports of American goods advanced 0.9% to $13.8 billion. China’s global trade surplus widened by 19.4% to $51.1 billion while the politically volatile surplus with the United States contracted by 65% …
Tagged By business
China: Export growth down to single digits as virus curbs hit factories
China’s export growth slowed to single digits, the weakest in almost two years, while imports barely changed in April as tighter and wider COVID-19 curbs halted factory production and crimped domestic …
China lockdowns, Ukraine invasion delay imports to regional ports
Resurgent Covid-19 cases in key Chinese regions leaves factories shut and travel restrictions re-imposed, constricting supply chains and shipping.
China’s internet users are paying close attention to the crypto crash
While China has banned cryptocurrency trading, its people remain interested in the ups and downs of the crypto market, not least because many of them have found workarounds and continue to buy and …
More Than Half U.S. Firms in China See Lockdowns Hitting Revenue
“We understand China choosing to prioritize health and safety above all else, but the current measures are throttling U.S. business confidence in China,” Colm Rafferty, chairman of AmCham China, said …
China trade weakens as virus shuts cities down
BEIJING – China’s export growth tumbled in April as global demand weakened, adding to pressure on the world’s second-largest economy after Shang …
China’s export growth slows sharply as zero-COVID rules hit economy
China’s zero-COVID policies are beginning to severely hit the country’s global export engine. Prolonged lockdowns led to particularly sluggish export growth in April, new figures show.
The way China’s ‘innovation machine’ is changing will affect the rest of the world
The shocks of COVID-19 and its strained relationship with the West could lead to a decoupling of China’s innovation system from the world.
Qisda optimistic about 2022 despite lingering impacts from China lockdowns
Taiwan-based EMS provider Qisda remains optimistic about growth in 2022 even though China’s lockdown impacts are expected to persist through the second half of 2022.
Leaders to Meet as US Trails China in Economic Support for Southeast Asia
The Asian region of 680 million people has strong trade and investment ties to Beijing and wants Washington to match that, experts say …
Business Highlights: Wall Street’s losses, China trade
Stocks deepened their losses on Wall Street Monday, sending the S&P 500 to its lowest close in more than a year. The benchmark index is coming off its fifth weekly loss in a row as…
China’s Geely Auto To Buy 34% Of Renault Korea Motors In Bid For South Korean, Export Markets
Geely Automobile Holdings, a China automaker controlled by billionaire Li Shufu, has agreed to buy 34% of Renault Korea Motors for an undisclosed amount, Geely Auto said in a press release today.
Pagoda Caught in Food Safety Scandal Ahead of Hong Kong IPO
Pagoda Caught in Food Safety Scandal Ahead of Hong Kong IPO. Image Source: Visual China. BEIJING, May 9 (TMTPOST) — Chinese fruit retail chain Pagoda apologized on S …
