Beijing’s ‘dual circulation’ economic strategy promoting … BMW, BASF, Bayer and Deutsche Bank, most of which are doing thriving business in China. That has some German observers questioning whether …
Tagged By finance
China’s Latin America Move
Since, Chinese trade with Latin America has increased at a striking 31% annual rate on average to the equivalent of about $450 billion a year. China is now South America’s largest trading partner and …
FTSE 100 knocked by Beijing’s zero-Covid commitment
London’s FTSE 100 today was weighed down by market sentiment with Chinese authorities committing to strict measures to contain Covid-19 breakouts. The capital’s premier index edged 0.01 per cent …
China’s trade unexpectedly shrinks as COVID-19 curbs, global slowdown jolt demand
BEIJING: China’s exports and imports unexpectedly contracted in October … economist at Capital Economics. “We think that aggressive financial tightening and the drag on real incomes from high …
Apple warns of iPhone shortages after China lockdown
The tech giant warns customers to expect longer wait times for its new iPhone because of COVID-19 lockdowns at a major factory.
Huawei’s Meng Wanzhou vows closer partnership with China’s financial institutions to give green finance a push
The US sanctions-hit company aims to help financial institutions cut their emissions and come up with green-finance products Meng, who spent nearly three years detained in Canada on US fraud charges, …
CORRECTED-China’s yuan slips on weak trade data, as govt reiterates zero-COVID policy
Such market hopes had helped the onshore yuan post its biggest daily gain in more than two years on Friday, but the currency pared back some of those gains after health officials said on Saturday…
China’s exports shrink unexpectedly as global slowdown jolts demand
China’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as surging inflation and rising interest rates hammered global demand while new COVID-19 …
China’s exports, imports shrink as COVID curbs, global slowdown jolt demand
China’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as surging inflation and rising interest rates hammered global demand while new COVID-19 …
FXI: Don’t Buy The China Reopening Rumor
China has been the major beneficiary of globalization … member of National Futures Association. Professor of Finance. Editor-in-Chief Journal of Corporate Accounting and Finance. Disclosure: I/we …
China Probe of PBOC Official Shows Anti-Graft Push Continues
China’s central bank voiced its support for an investigation into one of its deputy governors, the highest-ranked finance chief to be probed in President Xi Jinping’s yearlong crackdown to root out …
Dollar Gains as China Sticks to Stringent COVID Policy, Souring Risk Sentiment
The dollar climbed on Monday as sentiment soured after China said it is sticking with its strict COVID restrictions, quashing hopes of an imminent reopening in the world’s second-largest economy which …
China’s No 1 priority is still GDP growth, senior economic official asserts, amid focus on ‘common prosperity’
Comments from Han Wenxiu come amid worries that focus on high-quality development and ‘common prosperity’ could sideline growth priorities.