CHINA has accumulated a vast number of European businesses in the last decade, prompting many to fear that Beijing could gain control over the continent with a debt trap.
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Omicron breaches China’s finance and tech hubs
Omicron has breached the political, financial and technology centres of China for the first time, raising concerns about global supply chains.
GLOBAL MARKETS-Stocks mixed as Beijing adds stimulus, Brent tops 2021 high
Share markets were choppy on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions on consumer spending, prompting Beijing to again ease monetary policy.
Omicron penetrates China’s political, financial and tech hubs
China has detected locally-transmitted omicron infections in the capital Beijing, the financial center Shanghai, and Guangdong, which together account for one-fifth of the country’s GDP.
Stressed Beijing will buck Fed’s tightening trend
China’s reported output grew 8.1% in 2021, well above target, but activity slowed sharply at the end of the year. Monetary easing has been restrained by debt concerns, but the central bank surprised …
Sensex Rises Over 100 Points Led By Gains In Banking, Auto Stocks; Nifty Trades Above 18,250
Back home, as of 9:24 am, the 30-share BSE Sensex pack was up 107 points or 0.17 per cent at 61,330 and the broader NSE Nifty moved 31 points or 0.17 per cent higher to…
Beijing role as voice for peace wins praise
PHNOM PENH－China has been playing a major role in promoting global peace, public health and common development, Cambodian figures say. China has unwaveringly upheld multilateralism and free trade and …
China Cuts Interest Rate as Growth Risks Worsen With Omicron
China’s central bank cut its key interest rate for the first time in almost two years, bolstering an economy that’s losing momentum in the face of repeated virus outbreaks.Most Read from BloombergOne …
China’s central bank cuts two key rates to support slowing economy
China’s central bank on Monday cut two key interest rates that would likely translate into lower benchmark lending rates, in a bid to provide more support for the slowing economy.
OCBC Bank: China’s 2022 Growth To Ease Further To 5%
OCBC Bank Head of Treasury Research & Strategy, Global Treasury, Selena Ling, expects China’s GDP growth to ease further to around 5 percent this year. She was speaking with Yvonne Man and David …
China’s economy grew 8pc in 2021 but property, virus threats loom
China’s economy expanded at its fastest pace for 10 years in 2021, according to an AFP poll of analysts, but its strong recovery from the Covid-19 pandemic is threatened by Omicron and a property …
China 2021 crude steel output retreats 3% from record high on stringent production curbs
China’s annual crude steel production fell for the first time in six years in 2021, retreating from record levels it logged in 2020 as the country steps up efforts to contain emissions in its mammoth…
Brent Oil’s Rally to Seven-Year High Falters on China Weakness
Brent oil’s run to the highest intraday level since 2014 faltered after data signaled economic growth slowed in China, the top crude importer.Most Read from BloombergOne of the World’s Wealthiest Oil …
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