China’s auto sales surged 23.8% in June from a year earlier, the first increase in four months after authorities cut taxes and offered subsidies to encourage car purchases as COVID-19 curbs eased.
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Column: China’s massive stimulus talk does little for metals as confidence fades
It’s perhaps instructive of market sentiment in China that reports of a massive stimulus package barely shifted the prices of key industrial metals.
Copper slips as China COVID worries dull demand outlook
Copper prices fell on Monday, as new COVID-19 restrictions in top consumer China and fears of rapid interest rate hikes leading to a global economic slowdown dent demand for metals. Three-month copper …
Blinken blasts China’a support for Russia, calls out Xi
US Secretary of State Antony Blinken blasted Beijing over its support of Russia after emerging from more than five hours of talks with his Chinese counterpart Wang Yi.
China Threatens To Halt Coal Imports Afghanistan As Electric Prices Skyrocket In Pakistan
In response to the Taliban regime’s decision to increase the sale price of coal to Pakistan, China-based firms have threatened to halt imports from Afghanistan.
China NFT Ruling Seeks to ‘Cool Down the Hype,’ Hong Kong Attorneys Say
While China’s first-ever NFT court ruling added stricter burdens to marketplaces and led to some NFT bans, many think it is setting the stage for the growth of the digital asset market in the country.
China’s industrial profits improve on rebounding factory activities
Profits of China’s major industrial companies saw a narrower decline in May as factories in the world’s second-largest economy restarted production lines as …
COLUMN-China’s massive stimulus talk does little for metals as confidence fades: Russell
It’s perhaps instructive of market sentiment in China that reports of a massive stimulus package barely shifted the prices of key industrial metals.
Wimbledon protester Drew Pavlou says China is exporting repression to the West
Drew Pavlou, the Australian human rights activist who claims he was violently kicked out of Wimbledon by security officials after holding up a sign asking “Where is Peng Shuai?”, says that “rather …
Economics class: China’s ice cream brands outpace inflation with soaring prices
Demand & supply …
China trade, spending rebound dulled by zero-Covid uncertainty
Outlooks for Western economies are declining, lowering forecasts for Chinese exports, while consumers in China also becoming more risk averse, analysts say.
China stimulus unlikely to reverse rout in the global metals market
While Chinese stimulus played a role in rescuing industrial commodities from slumps in global demand, after the 2008 financial crisis, in late 2015, and in 2020, there’s much more caution this time …
China lockdown worries hit Asian equity, crude markets
Asian markets and oil prices mostly fell Monday with a fresh Covid flare-up in Shanghai fanning fears of another economically painful lockdown in China’s biggest city. The news came after a …
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