China

British Business Secretary Kwasi Kwarteng announced on Tuesday that Britain was suspending all financial aid programs to China, according to Reuters. "We will continue to work with China to meet global…
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"Zero covid": Shanghai announced today that it has defeated the epidemic as no more cases are reported in the community, an announcement that provoked the ironic comments of many internet users as much of the city's 25…
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USD/CAD struggled to preserve its intraday gains amid modest USD weakness. Falling US bond yields turned out to be a key factor weighing on the dollar. Lower crude oil prices undermined the loonie…
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Disappointing Chinese macro data prompted fresh selling around AUD/USD on Monday. A softer risk tone is seen as another factor weighing on the AUD's higher perceived risk. Falling US bond yields…
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Factory activity and retail sales in China plummeted in April as coronavirus restrictions kept workers and consumers at home and caused severe supply chain problems, overshadowing the outlook for the world's…
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China has released activity data for Aprilincluding retail sales, which the current lockdowns were expected to weigh on, with consensus for a -6.6% yoy decline in April versus -3.5% seen in March.…
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Chinese President Xi Jinping has warned of "inappropriate" accumulation of wealth and the danger to a healthy economy in his previously unpublished remarks in a Communist Party magazine, according to Bloomberg.…
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China's central bank has cut its mortgage rate threshold for first-time homeowners by 20 basis points, according to Bloomberg. The minimum mortgage rate is reduced to 20 basis points below the corresponding…
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Authorities in Shanghai will gradually lift the strict restrictive measures imposed to deal with the outbreak of Covid-19 cases, the deputy mayor of the Chinese capital announced today. Specifically, from…
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The Wall Street Journal (WSJ) published an article on Chinese Premier Li Keqiang, showing how he helped the economy avoid a noticeable slowdown. "With China mired in its worst economic crisis in…
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