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January 28, 2022

Chinas

Here’s why Morgan Stanley is cutting its forecast for China’s first quarter GDP

CNBC
CNBC – For more and to sign up click here A woman shows her swab and test kit to a health worker before receiving a nucleic acid test for Covid-19 at a private testing site on January 17, 2022 in Beijing, China. Kevin Frayer | Getty Images News | Getty......

China’s Dec industrial profits grow at slowest pace since April 2020

Reuters
China Dec industrial profits +4.2% yr/yr vs +9% in Nov China 2021 industrial profits +34.3% yr/yr BEIJING, Jan 27 (Reuters) – Profits at China’s industrial firms grew at a slower pace in December, the statistics bureau said on Thursday, as factory-gate inflation continued to ease, pointing to cooling demand amid......

China’s Huawei launches high-end smartphones overseas even as its global market share deteriorates

CNBC
CNBC – For more and to sign up click here Huawei has launched its premium P50 Pro and foldable P50 Pocket smartphones in international markets even as it continues to face challenges from U.S. sanctions. The P50 Pocket is featured at Huawei’s flagship store in Hangzhou, China. Long Wei |......

China’s yuan ends at highest in nearly 4 years, despite some state bank actions

Reuters
SHANGHAI, Jan 26 (Reuters) – China’s yuan finished Wednesday’s domestic trading session at the highest level in nearly four years against the dollar and a 6-1/2-year peak versus its trading basket, while markets continued to gauge authorities’ attitude towards recent gains. The onshore spot yuan ended its domestic trading session......

China’s Realme eyes Europe’s high-end smartphone market with new launch

Reuters
To start selling premium GT 2 Pro phone across Europe in Feb GT 2 Pro priced at $792-$905, in line with other high-end phones SHENZHEN, China, Jan 26 (Reuters) – China’s Realme will enter Europe’s high-end handset market next month with its priciest ever device, its CEO told Reuters, as......

China’s Beijing orders more COVID tests as cases mount before Olympics

Reuters
People line up to take nucleic acid tests at a testing site outside a hospital following the coronavirus disease (COVID-19) outbreak in Beijing, China January 17, 2022. REUTERS/Carlos Garcia Rawlins Register now for FREE unlimited access to Reuters.com Register BEIJING, Jan 23 (Reuters) – The local government in China’s capital......

China’s Beijing to maintain COVID emergency status as Winter Olympics loom

Reuters
Staff members in protective suits check proof of negative test results for travellers at an entrance to the Harbin West Railway Station following new local cases of the coronavirus disease (COVID-19) in Harbin, Heilongjiang province, China September 22, 2021. cnsphoto via REUTERS Register now for FREE unlimited access to Reuters.com......

China’s smartphone shipments bounce back from pandemic lows, but chip shortage and Covid still weigh

CNBC
CNBC – For more and to sign up click here Customers buy iPhone13 phones at apple’s flagship smart products store in Shanghai, China, on Oct. 12, 2021. Xing Yun | Costfoto | Barcroft Media | Getty Images Chinese domestic smartphone shipments recovered from the hit they took during the pandemic......

Security Flaws Seen in China’s Mandatory Olympics App for Athletes

New York Times
In preparation for the 2021 Tokyo Olympics, Japan worked to develop a contact tracing app that would track foreign visitors, but concerns quickly mounted over bugs in the software and whether all visitors would own smartphones on which to install the app. The Citizen Lab report said MY2022 failed to......

China’s Births Hit Historic Low, a Political Problem for Beijing

New York Times
New York Times – For more and to sign up click here China announced on Monday that its birthrate plummeted for a fifth straight year in 2021, moving the world’s most populous country closer to the potentially seismic moment when its population will begin to shrink, and hastening a demographic......

China’s Xi says countries must abandon ‘Cold War mentality,’ warns against confrontation

CNBC
CNBC – For more and to sign up click here Founder and Executive Chairman of the World Economic Forum (WEF) Klaus Schwab listens to Chinese President Xi Jinping at the opening of the WEF Davos Agenda virtual sessions at the WEF’s headquarters near Geneva on January 17, 2022. FABRICE COFFRINI......

China’s population grows by the slowest pace in decades

CNBC
CNBC – For more and to sign up click here A nurse holds a newborn baby at Zhengzhou Yihe Hospital on New Year’s Day on January 1, 2022 in Zhengzhou, Henan Province of China. Wang Zheng | Visual China Group | Getty Images BEIJING — China’s population grew by the......

China’s Economy Slowed Late Last Year on Real Estate Troubles

New York Times
New York Times – For more and to sign up click here BEIJING — Construction and property sales have slumped. Small businesses have shut because of rising costs and weak sales. Debt-laden local governments are cutting the pay of civil servants. China’s economy slowed markedly in the final months of......

China’s Q4 GDP beats forecasts but momentum cooling

Reuters
China Q4 GDP grows 4.0% y/y vs 3.6% forecast in Reuters poll China 2021 GDP grows 8.1% versus 8.0% forecast Dec factory output growth picks up, retail sales disappoint BEIJING, Jan 17 (Reuters) – China’s economic growth was faster than expected in the final quarter of 2021 but still its......

China’s economy grew 8.1% in 2021

CNBC
CNBC – For more and to sign up click here Volunteers wearing personal protective equipment (PPE) arrange food deliveries on Nov. 26, 2021, for a Shanghai residential area that’s under restrictions to halt the spread of Covid-19. Yin Liqin | China News Service | Getty Images BEIJING — China’s economy......

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