Tag: China
FED, Beige Book: growth impacted by price increases and blocks in China
(Finance) – Inflationary pressures in the US remain strong, with companies continuing to pass on rapidly increasing input costs to customers. Companies, particularly those in the manufacturing sector, are noticing…
China ratifies international conventions on forced labor
China on Wednesday ratified international conventions prohibiting forced labor. This ratification comes as the Chinese regime is accused of using forced labor in its Muslim-majority region of Xinjiang. The standing…
Covid-19 in China: life turned upside down for residents of big cities
Contrary to many countries opting to coexist with the virus and lifting restrictions, China continues to follow a zero Covid-19 policy while the number of cases remains the highest for…
China and Solomon Islands sign security pact raising concern in Australia
The information had leaked last month, it is now official. China has just announced the signing of a security pact with the Solomon Islands, under which its military ships will…
In China, repeated confinements paralyze the economy
Behind the figures, always subject to caution in China, there is the reality of an economy that is seriously marking time. If Beijing announces a 4.8% increase in its growth…
Steady rates in China, surprise move by the central bank
(Finance) – With a surprise move, the Chinese central bank kept interest rates unchangeddespite the expectations of the markets that aimed at a cut in the cost of money, in…
EU and US markets closed for holidays. In Asia, disappointment in China rates weighs
(Finance) – Today the European and American financial centers are still in the Friday before Easter. It moves sharply down there Moscow exchange, the only one that trades in Europe.…
explosion aboard an oil tanker near Hong Kong
A tanker exploded on Saturday evening 300 kilometers east of the coast of Hong Kong. The incident left at least one dead according to a still provisional report and a…
China, central bank cuts reserve requirements by 0.25%
(Finance) – The Chinese central bank has reduced the amount of liquidity that banks have to keep in reserve. There Pboc so he decided to reduce the reserve ratio on…
Beijing eases constraints on its banks
The Chinese People’s Bank, the central bank, lowers the reserve requirement rate for banks, which corresponds to the share of deposits that they must keep in their coffers. This measure…