Tag: Chinas

ICYMI – China’s Wuhan locked down one of its central districts following COVID outbreak

Bloomberg with the report on another China lockdown:Around 900,000 residents of Hanyang district were told to stay in their homes from Wednesday, a spokeswoman from the area’s CDC told Bloomberg News by phoneAnother...

China’s Cosco given German government approval to buy a 24.9% stake in Hamburg terminal

The German government has given approval for China’s Cosco to acquire a 24.9% stake in Hamburger Hafen und Logistik (HHLA). HHLA is the operator of the container terminal in Tollerort in Germany’s largest...

Euro at Crossroads as ECB Rate Hike Looms While Crude Ponders China’s Growth Outlook

Euro, EUR/USD, US Dollar, Crude Oil, China, OPEC+, USD/JPY - Talking PointsThe Euro has firmed ahead as the US Dollar stood aside todayCrude oil contemplates supply versus demand issues amid uncertaintyThe ECB are...

China’s currency war on the US has been stepped up a notch – CNH to a record low

The People's Bank of China eviscerated the onshore yuan setting today:That translates to a PBOC cut to the CNY reference rate by 448 points, biggest since June, and sending CNY to its lowest...

China’s new leadership group: pro-market pragmatists “gone”

The Wall Street Journal (the site is gated) have a useful summary piece on the new leadership group appointed by re-installed President Xi:The changing of the guard in China will likely alter...

China’s Xi pulls off one of the all-time power moves

Chinese President Xi Jinping wrapped up the People's Congress with a power move that vanquished his rivals and humiliated his predecessor.The moves leave no doubt that he personally consolidated power at the event,...

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