BEIJING – China’s export growth tumbled in April as global demand weakened, adding to pressure on the world’s second-largest economy after Shang …
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China’s export growth slows sharply as zero-COVID rules hit economy
China’s zero-COVID policies are beginning to severely hit the country’s global export engine. Prolonged lockdowns led to particularly sluggish export growth in April, new figures show.
The way China’s ‘innovation machine’ is changing will affect the rest of the world
The shocks of COVID-19 and its strained relationship with the West could lead to a decoupling of China’s innovation system from the world.
Qisda optimistic about 2022 despite lingering impacts from China lockdowns
Taiwan-based EMS provider Qisda remains optimistic about growth in 2022 even though China’s lockdown impacts are expected to persist through the second half of 2022.
Leaders to Meet as US Trails China in Economic Support for Southeast Asia
The Asian region of 680 million people has strong trade and investment ties to Beijing and wants Washington to match that, experts say …
Business Highlights: Wall Street’s losses, China trade
Stocks deepened their losses on Wall Street Monday, sending the S&P 500 to its lowest close in more than a year. The benchmark index is coming off its fifth weekly loss in a row as…
China’s Geely Auto To Buy 34% Of Renault Korea Motors In Bid For South Korean, Export Markets
Geely Automobile Holdings, a China automaker controlled by billionaire Li Shufu, has agreed to buy 34% of Renault Korea Motors for an undisclosed amount, Geely Auto said in a press release today.
Pagoda Caught in Food Safety Scandal Ahead of Hong Kong IPO
Pagoda Caught in Food Safety Scandal Ahead of Hong Kong IPO. Image Source: Visual China. BEIJING, May 9 (TMTPOST) — Chinese fruit retail chain Pagoda apologized on S …
Retailers Brace for Another Week of Earnings As China Lockdowns Hammer the Industry
The impact of lockdowns in China has been the major theme for retail earnings this season thus far. That trend will likely continue over the next two weeks.
Crypto crash: Bitcoin, ETH price plummets and it’s likely to get worse
Major cryptocurrencies bitcoin and ethereum crashed more than 10 per cent overnight as a painful month for owners of the digital coin became excruciating.
How China could force Elon Musk to censor Twitter
Elon Musk’s purchase of Twitter could spell disaster for the social media platform because there’s a danger China may leverage Tesla’s footprint there to force him to censor …
China April exports to sanctions-hit Russia plunge, imports surge
Chinese exports to Russia fell in April for the second month as China’s northern neighbour grappled with economic sanctions, while Russian shipments to China surged, a balm to hard-hit Russian firms …
China’s imports from Russia surge to new high, defying US calls to cut ties over Ukraine war
China’s monthly imports from Russia hit a record high of US$8.89 billion in April, up 56.6 per cent from a year earlier, but exports to its northern neighbour were down last month.
