Investors are ditching China at an unprecedented scale as a cocktail of political and business risks, and rising interest rates elsewhere, make the world’s second biggest economy a less attractive …
Tagged By financials
China Looks to Sell Spare LNG as Virus Lockdowns Hit Demand
China, the world’s biggest importer of liquefied natural gas, is trying to sell some spare supply due to fears that demand-sapping virus lockdowns could spread from Shanghai to other parts of the …
Foreign investors are ditching China. Russia’s war is the latest trigger
By Laura He, CNN Business Investors are ditching China at an unprecedented scale as a cocktail of political and business risks, and rising interest rates elsewhere, make the world’s second biggest …
Beijing leads China in financial competitiveness
Photo/VCG] Beijing was the leader in financial competitiveness in Chinese cities last year, followed by Shanghai and Shenzhen, accordi …
China Begins Mass Testing Beijing’s Biggest District After Raising Alarm About Undetected Covid Spread
ToplineOfficials in Beijing will require the people who reside or work in Chaoyang—the city’s main business district—to undergo three Covid-19 tests this week starting on Monday, a move that comes …
China’s yuan jerkily adjusts to ugly reality
China’s currency rallied throughout the pandemic. But following the recent rosy 4.8% first-quarter GDP growth figure, , its worst week since 2015, to approach 6.6 per dollar. The steepness of the …
Iron Ore’s Crash Tests Faith in China’s Stimulus Response
The worsening in Chinese demand conditions over the near term has sent iron ore prices into a tailspin, and the outlook for the rest of the year could be just as bleak.Most Read from BloombergUkraine…
China’s yuan drops to one-year lows, extending losses
China’s yuan fell to a one-year low against a strengthening dollar early on Monday, extending losses after posting its worst week since 2015, as a worsening economic growth outlook drove investor …
China Covid Shock Sees Beijing Consider Risky Debt Option Again
China has signaled a willingness to allow local governments to increase off-balance sheet debt again after a crackdown in recent years to bring it under control.
China Lockdown Fears Rip Through Markets as Stocks, Yuan Tumble
Fears about the economic toll of China’s strict Covid Zero policy intensified Monday, as news that lockdowns were spreading to Beijing sent stocks, commodities and the yuan tumbling. Most Read from …
Renewed Consolidation Anticipated For China Stock Market
The China stock market on Friday halted the five-day losing streak in which it had tumbled almost 150 points or 4.8 percent. The Shanghai Composite Index now rests just above the 3,085-point plateau …
Oil Extends Losses as China Lockdowns Imperil Demand Outlook
Oil pushed lower at the start of the week on concerns that a spreading Covid-19 outbreak in China will weigh on global demand.Most Read from BloombergUkraine Latest: Zelenskiy Says Top U.S. Officials …
Oil Extends Losses as China’s Outbreak Imperils Demand Outlook
Oil pushed lower at the start of the week on concern that a spreading Covid-19 outbreak in China will weigh on global demand.Most Read from BloombergUkraine Latest: Zelenskiy Says Top U.S. Officials …