South Korea’s economic growth nearly halved in the first quarter from the preceding three months on coronavirus curbs and surging inflation, while a slowing Chinese economy clouded the outlook for the …
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Technical plan of China-aided rural e-commerce project in Laos inked
The signing ceremony for the technical assistance plan of the China-aided Lao Rural E-commerce Project has been held here in Lao Ministry of Industry and Commerce. Chinese Ambassador to Laos Jiang …
Will Chinese Law Firms Ever Be Trusted to Lead Foreign IPO Advice?
Despite the rise of Chinese firms on Hong Kong listings, none of the most active was lead legal counsel on any of their listing transactions, Asia Legal Briefing author Jessica Seah writes. That job …
First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500
Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern.
China lockdown angst rips through markets as stocks and yuan plunge
Fears about the economic toll of China’s strict Covid-zero policy intensified, as news that lockdowns were spreading to Beijing sent stocks, commodities and the yuan tumbling.
How the West got lost: Chinese shun foreign brands
Major Western brands such as Nike and H&M have fallen on hard times in China recently or even left altogether. Experts cite forces as divergent as the pandemic and cancel culture.
More Scrutiny Needed Of U.S. Officials’ Business Ties To China, Says Princeton Professor
Aaron Friedberg’s new book, “Getting China Wrong,” argues that engagement with China hasn’t worked out despite good U.S. intentions …
USDA Report: Coffee Consumption Booming in China as Domestic Production Slows
Chinese green coffee production is on the decline while domestic demand for unroasted and roasted coffee is expanding rapidly as more consumers embrace the beverage, according to a new report from …
U.S. oil prices end below $100 a barrel as China COVID spread triggers fresh demand worries
Oil futures decline on Monday with U.S. prices ending below $100 a barrel, the lowest finish in two weeks, as worries over spreading COVID cases in China and Fed tightening weighing on prospects for …
Don’t Count on China to Bail Out the Global Economy This Time
China could soon become part of the world’s economic growth problem rather than the solution, Desmond Lachman writes in a commentary essay.
Is Congress preparing a big trade gift for China? | Opinion
And so, it should be a no-brainer for Congress to act. However, as the House and Senate confer on a new China bill, the fix might be in. That’s because some Senate Republicans are pushing…
Didi’s Hong Kong listing hits snag as plan by China’s ride-hailing giant is on indefinite hold pending outcome of probes, sources say
The setback puts Didi’s investors in a bind, as they prepare to vote on May 23 on the proposal by China’s dominant ride-hailing company to delist from New York.
Here’s why a further drop in China’s yuan could lead to another round of shockwaves in markets
Fears of renewed lockdowns in Beijing send the onshore yuan to its lowest level in more than two years, though it’s too soon to say if PBOC will intervene.
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