COVID lockdowns at Apple’s main iPhone 14 Pro and iPhone 14 Pro Max plant in Zhengzhou, China, are hitting the company at what’s arguably the worst possible time. The holiday …
Tagged By finance
Is China About to End Covid Zero? Here’s What We Know Right Now
Speculation about the fate of China’s Covid Zero policy has reached fever pitch. Most Read from BloombergTwitter Now Asks Some Fired Workers to Please Come BackElon Musk Walks Back on Twitter Job Cuts …
Lufax: Net-Net Financial Leader Aligned With China Strategy
Naturally, “real estate-backed securities” sparks dreadful images, such as the 2008 Financial Crisis and more recently, China’s Evergrande default debacle. To put things in context, real estate-backed …
China pledges more support to cash-strapped Pakistan after $9 billion bailout package
As the Pakistan government tries to steady the nation’s weak economy, China said it will continue to help the cash-strapped country stabilise its financial situation.
‘Lone-wolf’ Olaf Scholz risks ‘splintering West’ as trip to Beijing to ‘sour relations’
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 …
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 …