We take a clear-eyed view of a new set of Opinions from the State Council that seek to boost the China consumer market and encourage post-COVID recovery.
Tagged By business
Crypto Mining Strains Energy Grid and Creates Fresh Demands for Housing in Texas
The influx of crypto mining to rural Texas has precipitated an outsized demand for energy, housing, and other essential services that the Lone Star state is …
China’s iron ore import slump extends into April – customs
A slump in Chinese iron ore imports extended into April, as suppliers struggled with disruptions while a COVID outbreak suppressed demand.The world’s top iron ore consumer took in 86.06 million tonnes …
China’s April exports slow, imports unchanged as virus curbs expand
Exports in dollar terms grew 3.9% in April from a year earlier, compared with the 14.7% growth reported in March. The growth was the slowest since June 2020.
FTSE 100 Live: China figures fuel global growth worries, Bitcoin price slides
Stocks are back under pressure after figures from China’s economy highlighted the impact of ongoing zero-Covid lockdown policies. Export growth fell sharply in April and data on China’s new-home sales …
Tailor Insight Releases Report on ‘Main Trends of Blockchain and Crypto in 2022’
HONG KONG, CHINA / ACCESSWIRE / May 9, 2022 / Tailor Insight, the Asia based market research institute, has released a report on ‘Main Trends of …
China’s diktat against NFT flipping spawns an ingenious industry
Despite Beijing’s rhetoric against speculation in NFTs, some trade on WeChat groups, spawning an industry that caters to the fervor drummed up over the asset class.
IPOs spawn growth amid uncertainties
Despite all the fluctuations and uncertainties in the stock market in the first few months of the year, the IPO scene is still worth investors’ closer look to figure out the market direction, insiders …
ByteDance adds to IPO speculation with renaming of subsidiaries
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China’s April Exports Slump To Lowest In Two Years As Virus Bites
China’s export growth slumped in April to its lowest level … world’s second largest economy as millions are confined to their homes — particularly in key business hub Shanghai — to stamp out its …
China April coal imports soar, driven by panic orders in early March
China’s coal imports surged 43% in April from March, driven by panic buying over concerns of supply disruptions stemming from Russia’s invasion of Ukraine.
China oil imports rebound in April, but weak fuel demand weighs on refiners
China’s crude oil imports grew nearly 7% in April from the same month a year earlier, its first rise in three months, although weakening fuel demand due to COVID-19 lockdowns has dampened throughput …
China’s April Exports Slow, Imports Unchanged Amid Expanding Virus Curbs
China’s export growth slowed to single digits in April, while imports were unchanged as tighter and wider COVID-19 curbs halted factory production, disrupted supply chains and triggered a collapse in …
