China’s nominal GDP reached $17.5 trillion in 2021, a growth rate of 8.1%. We expect a slower GDP growth rate in 2022 due to very tight Covid measures in Q2 of this year. Read more…
Tagged By business
US trade sanctions on China an attempt to ‘frighten’ firms amid soaring Russian energy imports
Addition of five Chinese firms to the US ‘entity list’ an attempt by Washington to ‘kill the chicken to frighten the monkey’, Chinese analyst says Despite mounting Western pressure for Beijing to …
AAFA on AGOA: Africa ‘Logical’ Choice for Brands Fleeing China
Firms want reassurance on trade benefits “to grow a vertical, responsible, and competitive industry in Africa up to and past 2025.” …
China’s foreign trade sees positive changes in Q2: trade council
China’s foreign trade saw positive changes in the second quarter as the government’s pro-growth policies gradually pay off, according to a survey conducted by the China Council for the Promotion of …
Opinion Poll Reveals Australian Public’s Collapsing Trust in China
The latest Lowy Institute public opinion survey found that the public feels less safe in 2022, due to China’s growing power and the Russian invasion of Ukraine.
China’s smartphone makers gain ground in Russian market, says M.Video
Chinese smartphones accounted for two-thirds of all new sales in Russia between April and June, the country’s top electronics retailer said on Wednesday, the latest sign of how Moscow’s invasion of …
China eases COVID curbs, sparking travel inquiry surge
The unexpected moves mark a significant easing of rigid curbs that have severely curtailed travel and battered China’s economy, although tough measures remain in place including a scarcity of …
China’s Easing COVID Curbs Spark Travel Inquiry Surge, And Caution
WAIT-AND-SEE APPROACH China’s zero-COVID policies have almost completely wiped out international business and leisure travel, while domestic travel has also been hit hard by China’s response to …
Western brands who crack down on Xinjiang cotton lose ground to Chinese players
“I no longer purchase brands like Nike and Adidas which stated they do not source cotton from Northwest China’s Xinjiang Uygur Autonomous Region,” a Beijing resident surnamed Liu told the Global Times …
China Is Racing to Electrify Its Future
The country wants electric vehicles to make up 40 percent of new cars sold by 2030—but first it has to figure out how to keep them charged.
Yum China: Undervalued With Beneficial 2022 Guidance
Yum China operates business models that were tested successfully in the United States. Read more to know why I believe that YUMC stock is a must-follow.
China Offers Refiners Subsidies If Oil Jumps to Shield Consumers
China will offer oil refiners subsidies should international crude prices surge above $130 a barrel to ensure the stable supply of fuels and prevent processors from passing on higher costs to …
Bitcoin Miners in China See Bleak Futures Ahead as Outlook Darkens
China is known for its tough stance on crypto mining. Previously, in 2018, they had banned foreign exchanges, and …
