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Tag:

China

  • Top HeadlinesUS and World News

    Pelosi says she hopes U.S. Congress can pass China competition bill by July 4

    by Reuters May 19, 2022
    by Reuters May 19, 2022

    WASHINGTON – U.S. House of Representatives Speaker Nancy Pelosi said on Thursday she hoped the Congress can pass the legislation authorizing hundreds of billions of dollars to boost the country’s …

  • Financial News

    Polestar cuts 2022 delivery forecast amid China lockdown

    by Reuters May 19, 2022
    by Reuters May 19, 2022

    (Reuters) – Swedish electric-vehicle maker Polestar cut its 2022 delivery forecast by 15,000 units to 50,000 vehicles on Thursday, hit by COVID-19 lockdowns in China. “The reduction for 2022 is …

  • Financial News

    Hong Kong new listings volume sinks to 9-year low on China slowdown

    by Reuters May 19, 2022
    by Reuters May 19, 2022

    By Scott Murdoch HONG KONG – Hong Kong’s new listings volume plunged 90% to a nine-year low this year, data showed, as China’s sharp economic slowdown and its regulatory drive …

  • Financial News

    China seen lowering lending benchmark LPR to support economy:Reuters Poll

    by Reuters May 19, 2022
    by Reuters May 19, 2022

    SHANGHAI – China is expected to cut benchmark lending rates at its monthly fixing on Friday, a second reduction this year, a Reuters survey showed, as it seeks to prop …

  • Financial News

    China lifts curbs on Canadian canola, demand seen muted

    by Reuters May 19, 2022
    by Reuters May 19, 2022

    (Reuters) -China has removed a three-year restriction on imports of Canadian canola seed, Canadian officials said in a statement on Wednesday that didn’t provide a reason for the lifting of …

  • Featured NewsTop HeadlinesUS and World News

    Here’s Why China Still Hasn’t Given Up On Lockdowns

    by The Daily Caller May 18, 2022
    by The Daily Caller May 18, 2022

    Here’s Why China Still Hasn’t Given Up On Lockdowns Philip Lenczycki on May 18, 2022 Chinese President Xi Jinping is sticking with lockdowns while the West returns to normalcy because …

  • Financial News

    Yellen confirms she is pressing Biden for some China tariff reductions

    by Reuters May 18, 2022
    by Reuters May 18, 2022

    By David Lawder BONN, Germany – U.S. Treasury Secretary Janet Yellen on Wednesday confirmed she is advocating within the Biden administration for eliminating some tariffs on Chinese imports that “aren’t …

  • Featured NewsTop HeadlinesUS and World News

    DOJ Sues Trump Confidant For Not Registering As A Foreign Agent Of China

    by The Daily Caller May 18, 2022
    by The Daily Caller May 18, 2022

    DOJ Sues Trump Confidant For Not Registering As A Foreign Agent Of China Philip Lenczycki on May 18, 2022 The Department of Justice is suing the former finance chairman of …

  • Financial News

    China lockdowns impeding supply chain recovery, slowdown risks spillovers, Yellen says

    by Reuters May 18, 2022
    by Reuters May 18, 2022

    BONN, Germany -U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering global supply chains and a …

  • Financial News

    China Southern says delivery timetable for Boeing 737 MAX jets not confirmed

    by Reuters May 17, 2022
    by Reuters May 17, 2022

    BEIJING -A China Southern Airlines spokesperson said on Tuesday the delivery timetable for Boeing Co 737 MAX jets was not confirmed, after the company’s chairman last week gave investors fleet …

  • Financial News

    China stats bureau expects economy to improve in May

    by Reuters May 15, 2022
    by Reuters May 15, 2022

    BEIJING – China’s statistics bureau on Monday said it expects China’s economy to improve in May and that a recovery in consumption would quicken. China is steadily pushing forward production …

  • Featured NewsTop HeadlinesUS and World News

    China Harvests Organs From Tens Of Thousands Of Living Prisoners Each Year, Activist Tells Congress

    by The Daily Caller May 13, 2022
    by The Daily Caller May 13, 2022

    China Harvests Organs From Tens Of Thousands Of Living Prisoners Each Year, Activist Tells Congress Philip Lenczycki on May 13, 2022 The Chinese government harvests tens of thousands of organs …

  • Financial News

    Brazil’s JBS says China lockdowns won’t affect demand, logistics a concern

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    SAO PAULO – Brazilian meat giant JBS SA played down the effects of COVID-19-related lockdowns in China, saying they would not affect demand for JBS products despite causing logistics concerns, …

  • Financial News

    China to roll out new policies when needed to support economy – party official

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    BEIJING -China will not hesitate to introduce new policies to prop up growth, a senior Communist Party official said on Thursday, as the economy feels the pinch of protracted COVID-19 …

  • Financial News

    China Resources in talks to take Sihuan Pharma private at $3 billion valuation -sources

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    HONG KONG -State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical’s chairman about jointly taking the Hong Kong-listed company private in a deal valuing it at nearly $3 …

  • Financial News

    China scrutiny stymies JD.Com fintech unit’s $2 billion Hong Kong IPO – sources

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    By Julie Zhu and Scott Murdoch HONG KONG – JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to $2 billion Hong …

  • Financial News

    Lucid CEO concerned about chip supplies from China due to COVID-19

    by Reuters May 11, 2022
    by Reuters May 11, 2022

    By Hyunjoo Jin SAN FRANCISCO -The chief executive of Lucid Group Inc on Wednesday expressed concern about chip supplies from China due to COVID-19 pandemic-related lockdowns, adding that the U.S. …

  • Financial News

    Malaysia’s economy likely picked up pace in Q1, China slowdown a worry: Reuters poll

    by Reuters May 10, 2022
    by Reuters May 10, 2022

    By Devayani Sathyan BENGALURU – Malaysia’s economic growth likely gathered pace in the last quarter, driven by stronger demand following a relaxation of COVID-19 measures, but a prolonged slowdown in …

  • Financial News

    Biden says discussing dropping US trade tariffs on China

    by Reuters May 10, 2022
    by Reuters May 10, 2022

    WASHINGTON – President Joe Biden said on Tuesday discussions are ongoing about potentially dropping U.S. trade tariffs on China that were imposed by his predecessor, Republican Donald Trump. “We’re discussing …

  • Top HeadlinesUS and World News

    China wants to take Taiwan peacefully but is preparing militarily -U.S. intelligence officials

    by Reuters May 10, 2022
    by Reuters May 10, 2022

    WASHINGTON – China would prefer to take over neighboring Taiwan without military action but is working to get to a position where its military could prevail even if the United …

  • Financial News

    China to buy 40,000 tonnes of frozen pork for state reserves on May 13 -notice

    by Reuters May 10, 2022
    by Reuters May 10, 2022

    BEIJING – China will buy 40,000 tonnes of local frozen pork for its state reserves on May 13, according to a notice issued by the reserves management this year. The …

  • Top HeadlinesUS and World News

    Dropping zero-COVID policy in China without safeguards risks 1.5m lives – study

    by Reuters May 10, 2022
    by Reuters May 10, 2022

    By David Stanway and Jennifer Rigby SHANGHAI/LONDON – China risks just over 1.5 million COVID deaths if it drops its tough zero-COVID policy without any safeguards such as ramping up …

  • Financial News

    China state banks seen busy with FX swaps, pressing swap points to negative

    by Reuters May 10, 2022
    by Reuters May 10, 2022

    SHANGHAI -China’s major state-owned banks were actively swapping yuan for dollars in the onshore forwards market on Tuesday, five banking sources said, pressuring swap points into negative territory for the …

  • Financial News

    China Eastern Airlines to raise up to $2.2 billion through A-Share sale

    by Reuters May 10, 2022
    by Reuters May 10, 2022

    HONG KONG – China Eastern Airlines Corp plans to raise up to 15 billion yuan ($2.23 billion) in a share sale to expand its fleet and to replenish working capital, …

  • Financial News

    China state planner expands draft list of sectors for foreign investment

    by Reuters May 10, 2022
    by Reuters May 10, 2022

    BEIJING – China’s state planner on Tuesday solicited public opinion on 2022’s draft list of sectors for foreign investment, which has been expanded to encourage foreign capital to flow into …

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