Business groups from the U.S., Europe, and Japan in China have reached out directly to top leadership to discuss how pandemic restrictions are hampering operations.
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China’s March alumina exports to Russia soar as sanctions over Ukraine bite
China’s alumina exports to Russia surged over 90 times in March from the same period a year earlier, customs data showed on Wednesday, as sanctions against Russia for its invasion of Ukraine cut off …
China’s March Soybean Imports From U.S. Fall From Previous Year
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China imports 13% less crude oil from Saudi in March, 14% less from Russia -customs
Saudi Arabia exported nearly 13% less oil to China in March than a year earlier but retained its top supplier spot, while shipments from second-ranking Russia slipped 14%, Reuters’ calculations based …
JPMorgan Loses Lead Role in IPO After Note Branded China Tech ‘Uninvestable’
JPMorgan Chase & Co. was removed as the most senior underwriter for Kingsoft Cloud Holdings Ltd.’s Hong Kong stock offering after one of the bank’s analysts cut the share-price target for the Chinese …
China’s March marine fuel exports slide on COVID curbs
China’s exports of marine fuel in March plunged 15% from a year ago, customs data showed on Wednesday, hit by high prices and COVID-19 curbs at domestic ports. The volume was up from 1.31 million…
Everbright Environment Tops Brand Value Ranking for China’s Listed Environmental Protection Companies
The “Blue Book on Brand Value of Chinese Listed Companies 2021” (the “Blue Book”) was recently published by the mainland China publication National Business Daily in collaboration …
Japan posts trade gap far wider than forecasts as China exports slow, energy imports soar
Japan recorded a trade deficit in March that was more than four times wider than market forecasts, as China-bound exports slowed sharply while soaring energy prices raised the cost of imports, adding …
Guiyang to house more luxury brands with new shopping mall
Guiyang, capital of the mountainous Guizhou province in Southwest China, will launch its first high-end shopping mall with luxury brands this year, reflecting luxury brands’ increasing investments in …
Stocks wobble as China lockdowns drag; yen wallows
Oil and stock markets were under pressure on Wednesday on worries about the fallout from China’s pandemic lockdowns, while the yen slightly extended its record losing streak as traders put Japan’s …
China aims to form international standard organizations for cyber dominance
Beijing has considerably improved its ability to secure approval for its initiatives and to reject those that it does not support using a variety of strategies …
China’s lockdowns could drive more U.S. policy action, says Fed’s Kashkari
If lockdowns in China aimed at containing COVID-19 cause further disruptions to global supply chains, the Federal Reserve will need to take even more aggressive action to bring down “much too high” …
Overseas experts, business leaders see strong resilience in China’s economy
Newly-released economic data for the first quarter of this year show that China’s economy remains stable despite downward pressure. Overseas experts and business leaders say the Chinese economy has …
