The Chinese sportswear giant’s supply chain is accused of having North Korean ties, a violation of US sanctions.
Tagged By business
First Mover Asia: China Equities Woes, Tensions With the US Have Barely Touched Bitcoin; Cryptos Climb
Hong Kong’s Hang Seng market has suffered through some of its worst days in more than a decade but have not seemed to affect bitcoin’s price much; cryptos rose slightly as investors waited for the…
China as Russia’s Backdoor to Western Sanctions
As Western sanctions bite deep into the core of Russia’s economy, China is increasingly being viewed as Vladimir Putin’s economic lifeline to sustain the nations economy.
Aluminum Leads Metals Lower as China Lockdowns Threaten Economy
Base metals slid as coronavirus outbreaks in China threatened to curtail the country’s economic output, hitting demand in the world’s top consumer of raw materials.Most Read from BloombergUkraine Upda …
China’s COVID lockdowns set to further disrupt supply chains
As Chinese officials scramble to contain the country’s worst outbreak of COVID-19 since early 2020, they are imposing lockdowns and restrictions that are adding chaos to global supply chains.
It’s Not Deja Vu in China All Over Again
Citywide lockdowns, supply chain fears, and panicky stock markets were the hallmark of this time two years ago. It’s not quite the same today but could be just as world-changing.
China’s COVID-19 Cases Double, Sparking Fears About Economic Fallout
Bus service to Shanghai, China’s business capital and biggest city, was suspended. China’s case numbers are low compared with other major countries. But authorities are enforcing a “zero tolerance” …
A rising China and progressive policies endanger US pharmaceutical innovation
The American biopharmaceutical innovation success story is a fragile one, at risk of being shattered by dual threats of a rising China and American progressivism.
Asia Minute: How long will China’s technology and manufacturing gateway be closed for business?
While COVID cases continue to fall in Hawaiʻi and across the United States, the virus is still disrupting life across much of Asia. And this week there’s a new threat to a number of global…
China’s COVID Surge Could Cause Shortages and Increase International Inflation Numbers
A recent surge of COVID-19 cases in China tied to the Omicron variant could lead to continued global supply chain problems and even higher inflation, dimming hopes of a strong economic recovery …
Oil tumbles below $100 on China lockdowns, as OPEC leaves demand forecast ‘under assessment’
Oil prices on Tuesday drop to levels not seen since the initial days of the Russian invasion of Ukraine and enter bear market territory, marked by a 20% or more drop from their recent highs.
Export demand monitored
Trade continues to monitor our export sales totals and has questions on yearly expectations. According to the latest Census data yearly export loadings on soybeans currently total 1.15 billion bu.
China says it wants to avoid U.S. sanctions over Russia’s war
China wants to avoid being impacted by U.S. sanctions over Russia’s war, Foreign Minister Wang Yi said, in one of Beijing’s most explicit statements yet on American penalties that are …
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