An online event to promote the 5th China International Import Expo (CIIE) in Spain was held Thursday. The event, jointly organized by the Chinese Embassy in Spain, the China International Import …
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What’s behind China’s crackdown on the political rumour mill?
Beneath the pledges of loyalty and unity, rumours are flying of disagreements among the top leadership on how to deal with an economy ravaged by zero-Covid Speculation of a schism ran so rife that the…
‘The Wheels On The Bus Really Started Screeching’: Crypto Crash Slows Growth Of Mining Facilities
The bottom fell out for crypto in early May, with major currencies like bitcoin and ethereum losing around a third of their value almost overnight, down more than 50% from the mar …
China spent over $6 billion on Russian energy imports in April
China kept buying more energy from Russia, with purchases of oil, gas and coal jumping 75% in April to over $6 billion, even as domestic demand slowed due to a resurgent virus and the US…
Impact of China shutdowns still shaking out for California ports
The Port of Oakland cited supply disruptions in China for an April traffic decline, though Long Beach and Los Angeles posted gains.
China cuts borrowing rate more than expected to revive housing sector
China, in a monthly fixing, lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China revamped the mechanism in 2019 …
NBA owners invest more than $10 billion in China: Report
The owners of teams in the National Basketball Association have invested more than $10 billion into communist China.
Putin ally China is boosting Russian oil purchases by nearly 50% after initially cutting back
China is projected to import 1.1 million barrels per day of Russian oil brought by sea, according to data from Vortexa Analytics cited by Reuters.
China pledges to give virus-hit companies easier access to capital markets
“at-above-post addthis_tool” data-url=” (Reuters) -Chinese regulators said on Friday they will streamline the process of equity and bond issuance by companies hit by the pandemic, and urged brokerages …
Big brands fret over China as middle-class spurns luxury
Chloe Kou, a 28-year old beauty brand marketing manager from Shanghai, won’t be buying her usual “one or two” high-end handbags this year. Instead, she plans to save not spend, and that is a problem…
Focus:Big brands fret over China as middle-class spurns luxury
Chloe Kou, a 28-year old beauty brand marketing manager from Shanghai, won’t be buying her usual “one or two” high-end handbags this year. Instead, she plans to save not spend, and that is a problem…
Why Biden hasn’t killed Trump’s China tariffs and made imports cheaper
President Biden could lower prices modestly on an array of Chinese imports from AirPods to refrigerators by wiping out legacy Trump tariffs, but he hasn’t. It’s politically complicated.
Warning Signs in China’s Economic Outlook as COVID-19 Spreads
Signs of economic downturns in Shanghai and Guangdong are especially troubling, considering the outsized role they play in China’s overall economy.
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