The new measures come at a time when manufacturing output from China was just starting to recover after the Chinese Lunar New Year holidays in February. While China’s COVID measures are drastic, …
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Column: China may balk at unnerved reserves seeking yuan
China’s yuan is in no great position yet to absorb a sizeable chunk of global central bank reserves if other central banks were to be unnerved by the freezing of Russia’s overseas assets.
China, Malaysia begin to impose RCEP tariffs on each other
As the Regional Comprehensive Economic Partnership agreement entered into force for Malaysia on Friday, China and Malaysia begun to impose RCEP tariffs on each other, which will bring new economic …
Chinese sportswear brands see growing profit as Western brands lose market share over Xinjiang cotton
Chinese sports and fashion brand Li Ning saw its profits in 2021 rise 136 percent year-on-year to 4 billion yuan ($629 million) with growing consumer support amid Western sports brands’ crackdown on …
China cuts income tax for some small firms to 20% – finance ministry
China will cut income tax for some small firms to 20% from 25%, the finance ministry said on Friday, as part of steps to ease burdens on small businesses to support the slowing economy.
JPM, Credit Suisse expect China COVID spike to have minimal impact on GDP
The recent surge in COVID-19 cases across China is likely to have a minimal impact on the country’s GDP this year, two brokerages said in their reports, while adding it could hurt demand for some…
China’s Hold on American Elites
According to Stone Fish, these Americans are all complicit in Beijing’s agenda to make the United States “a reliable and pliant Second to China’s First.” The CCP uses them to advance its grand designs …
Crypto assets likely to rally amid geopolitical uncertainty
Crypto market volatility has increased even more since Russia invaded Ukraine about a month ago. As the President of Ukraine …
S. Korean Share of China’s Import Market Drops Significantly: Data
South Korea’s presence in the Chinese import market has fallen significantly over the past five years, compared to other major countries, the country’s business lobby said. The Federation of Korean …
China declares a new era of digitization has begun
Xi’s vision for once-in-a-lifetime transformation includes singular identity cards, shared data, and huge clouds …
China’s GAC Aion Bags USD404 Million in Series A Round to Get Closer to IPO
GAC Group’s new energy vehicle unit GAC Aion, which could get listed as early as this year, has completed its CNY2.6 billion (USD404 million) Series A round of funding, introducing state-backed …
Biden’s call with China’s Xi comes amid economic tensions, rising security threats
President Biden and Chinese President Xi Jinping are set to speak Friday amid economic and security tensions between the two nations.
China shares fall on jitters over COVID, Ukraine
China shares retreated on Friday after rising for two straight days as investors kept a wary eye on the country’s response to contain the COVID-19 outbreak and the latest developments around Ukraine.
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