Rolling coverage of the latest economic and financial news. Brent crude falls below $100 11:55 Brent crude has fallen back below the $100 per barrel mark for the first time since the …
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Putin’s invasion of Ukraine has lit a fire under China to wall off its economy from the US
Xi Jinping has a grand plan to turn China into the world’s dominant superpower. Now US sanctions on Russia are spurring him to speed up his strategy.
China tightens COVID-19 controls, raising risk of trade disruption
Chinese authorities on Tuesday tightened anti-virus controls at ports, raising the risk of trade disruptions after some auto and electronics factories shut down as the government fights coronavirus …
Daily Infographic: Just how extreme is China’s lead in the container port business?
AskWaves looks at the rankings of the world’s top container ports …
China’s woes could reduce demand for Australian iron ore and other commodity exports
China’s widening virus lockdowns are emerging as a new economic threat alongside rising inflation amid concerns they could reduce demand for Australian iron ore and other commodity exports.
Shares in China fall amid strongest COVID-19 lockdown yet
The entire Chinese province of Jilin is under lockdown, as well as Langfang, in Beijing’s northern Hebei province and Shenzhen and Dongguan cities, in China’s south.
Oil tumbles 6% on hopes for Russia-Ukraine negotiations and as lockdowns in China threaten to hurt demand
Russia-Ukraine talks have brightened the prospect of a ceasefire agreement and could pave the way for a deeper pullback in oil, an analyst said.
China’s COVID curbs set to tighten global supply chain pinch
“at-above-post addthis_tool” data-url=” Brenda Goh and Josh Horwitz SHANGHAI (Reuters) -Manufacturers of everything from flash drives to glass for Apple iPhone screens are warning of shipment delays …
Chinese automaker exports over 1,100 pickups to Mexico
Chinese carmaker Anhui Jianghuai Automobile Group Corp Ltd has won orders to export 1,128 pickup trucks to Mexico. The first consignment was shipped in early March from the company’s factory in …
Ferrari Races Into Luxury Fashion. Will China Buy?
Ferrari is racing into luxury fashion with a new Fall 2022 collection. But what roadblocks are ahead for the Italian carmaker in China and beyond?
Economic growth in 2022: China had a surprisingly good start, but it may not last
China’s economy started the year on a bright note, with several major indicators beating forecasts. But as Covid cases in the country spike, keeping up the same pace of growth in the coming months may…
US to warn China of perils of aiding Russia at Rome meet
The US will warn China against siding with Russia in the Ukrainian war during a meeting on MondaynbspUS National Security adviser Jake Sulliv …
UK pay squeeze tightens; markets hit by China Covid fears – business live
Rolling coverage of the latest economic and financial news. Introduction: Wage squeeze deepens as real regular pay shrinks 07:49 Good morning, and welcome to our rolling coverage of the …
