By Naveen Athrappully The city of Zhengzhou in China’s Henan Province has shut down one of its most populated districts and put almost a million residents under lockdown due to a flare-up of COVID-19. Residents…
China Business & Economy
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By Reuters BEIJING -China’s consumer inflation rose to a 29-month high in September, driven mainly by pork prices. China’s central bank has been trying to bolster growth while avoiding aggressive loosening…
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By Andrew Thornebrooke The largest public retirement system in Texas is moving to remove Chinese companies from the list of stocks it invests in as part of its pension fund for teachers. The Teacher Retirement System…
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BEIJING—China’s factory activity eked out growth in September, but a slowdown in services sector growth and a downbeat private manufacturing survey pointed to further cooling as the economy grapples with COVID-19 curbs…
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By Antonio Graceffo News Analysis The Chinese economy is flagging while Belt and Road Initiative (BRI) countries deal with debt and inflation. In the first half of 2022, China’s overall BRI investment slowed, with…
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By Mary Hong Liu Qiangdong, or Richard Liu, founder and chairman of JD.com, recently transferred his ownership of equity shares at two subsidiary companies after stepping down as CEO in April. One…
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By Reuters SINGAPORE—China is buying more and less expensive energy supplies from Russia this year, reaping the benefits of a plunge in European purchases just when Beijing needs it most as the Ukraine crisis pushes Moscow…
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CHINA
Amid Sizzling Temps, Chinese Cities Power Down, Putting Foreign Companies in a Tough Spot
by EditorTBy Anne Zhang Power cuts and limitations imposed in parts of China amid extreme heat waves have caused production halts and supply chain disruptions. Coming after two years of pandemic-related restrictions, the restrictions have added…
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CHINA
Chinese Domestic Stocks Disclose Interim Results, Half Record Significant Drop in Profit
by EditorTBy Sophia Lam As of Aug. 31, Chinese shares listed on domestic stock exchanges have disclosed their interim operating results, with over half of them reporting a huge loss in profits.…
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Oil prices depend on China, Iran, and Ukraine By Antonio Graceffo News Analysis The global oil price outlook depends on the Chinese economy, the Iran nuclear deal, and the war in Ukraine.…