The Cost of China’s ‘Zero-Covid’ Strategy With a new wave of Covid-19 flare-ups, the country will need to strive harder to hit its full-year GDP growth target of around 5.5% Caixin Global · Apr 13, 2022
China’s lockdowns will help cut global oil demand, predicts IEA Organisation lowers its oil demand forecast as Covid measures cushion impact of lost Russian flows The Guardian - UK · Apr 13, 2022
IEA Marginally Cuts Global Oil Demand Forecast On Mired Outlook Due To China COVID-19 Lockdown, Russia-Ukraine War: FT The International Energy Agency (IEA) has lowered its global oil demand forecast amid surging coronavirus cases in China and weaker than expected demand in the U.S. and other developed countries. Benzinga · Apr 13, 2022
A Peek Into The Markets: US Stock Futures Move Back Up Following High Inflation Data Pre-open movers U.S. stock futures traded upwards in early trade after the Nasdaq Composite index closes at 13,371.57, a marginal dip of around 40 points. After witnessing a dip in the first two days of the week, stock futures are inching towards recovery. Benzinga · Apr 13, 2022
Blackrock To Introduce Its First China ETF In 2022: Reuters According to two people with close knowledge of the matter, BlackRock, Inc. (NYSE: BLK) plans to launch its first product in China's $220 billion onshore exchange-traded funds (ETF) market later this year and has started hiring accordingly. Benzinga · Apr 13, 2022
China Is Running 70% Fewer Passenger Trains Than ‘Normal,’ Operator Says Only about 3,000 trains are operating daily due to the suspension of many services from regions hit hard by Covid-19 outbreaks Caixin Global · Apr 13, 2022
Large-Scale Lockdowns Could Take a Heavy Toll on China’s Economy, Study Says A month-long closure of the country’s four largest cities could shrink national GDP by 8.6% for the period, economists predict Caixin Global · Apr 13, 2022
US military leader warns Chinese security deal with Solomon Islands sounds ‘too good to be true’ General David Berger raises concerns about Chinese influence while Australia’s Pacific minister asks Solomon Islands ‘to consider not signing agreement’ The Guardian - AU · Apr 13, 2022
China trying out reduced quarantine for some groups in eight cities - media China is trying out reduced quarantine times for overseas arrivals and close contacts of positive cases in eight cities, in a potential easing of some of the world's most stringent pandemic entry controls, financial media outlet Caixin reported. Reuters · Apr 13, 2022
Australia's Pacific Minister Zed Seselja urges Solomon Islands Prime Minister not to sign China security deal Australia's Minister for the Pacific uses a visit to Solomon Islands in the middle of the federal election campaign to "respectfully" urge the country's Prime Minister not to sign a controversial security deal with China. ABC News · Apr 13, 2022
Australian minister tries to end Solomons-China pact Australia’s Minister for International Development and the Pacific Zed Seselja has flown to the Solomon Islands in a bid to prevent a China military presence in the South Pacific island nation The Independent UK · Apr 13, 2022
Shanghai releases more from virus observation amid lockdown Shanghai says it has released 6,000 more people from medical observation facilities, though the lockdown of most of China’s largest city was being maintained in its third week The Independent UK · Apr 13, 2022
New Zealand allows resident to be extradited to China in landmark ruling Court concludes in case of murder suspect Kyung Yup Kim that government can trust Chinese assurances extradited defendants will not face torture The Guardian - AU · Apr 13, 2022
Shanghai Composite Index Fell 0.82% on Wednesday Shenzhen Component Index closed down 1.6% Caixin Global · Apr 13, 2022
Asharq Al-Awsat · Apr 13, 2022 Oil Prices Ease on Weaker Economic Data from China, Japan Oil prices eased on Wednesday, giving up earlier gains, after China and Japan reported weak economic data, fueling concerns about growth and oil demand in the world's top consumers. Brent crude futures was down 34 cents, or 0.3%, to $104.30 a barrel at 0501 GMT, while US West Texas Intermediaten(WTI)…
The Independent UK · Apr 13, 2022 China's March exports grow despite virus; imports flat China’s exports rose 15.7% in March over a year earlier while imports were flat due to disruptions from coronavirus outbreaks
The Conversation · Apr 13, 2022 Indonesian political parties build close relations with China despite their anti-communist ideology Southeast Asia’s largest economy Indonesia has been increasingly intimate in various sectors with the world’s second-largest economy, China.
Benzinga · Apr 13, 2022 Taiwan Suffers Fallout From China COVID-19 Lockdowns As 11 Firms Said To Suspend Production As the COVID-19 lockdown continues in China's financial center Shanghai, more and more companies have been forced to halt production.
ABC News · Apr 13, 2022 A wave of election misinformation is about to come at you. Are you ready? From the plethora of claims made by politicians about the other side's record on the economy, climate and public services, to an influx of imported narratives about the electoral process, there's a lot of incorrect and misleading information circulating less than a week into the election campaign. So, what should…
The Conversation · Apr 13, 2022 What's happening in Sri Lanka and how did the economic crisis start? The island nation of Sri Lanka is in the midst of one of the worst economic crises it’s ever seen. It has just defaulted on its foreign debts for the first time since its independence, and the country’s 22 million people are facing crippling 12-hour power cuts, and an extreme…
Reuters · Apr 13, 2022 Shanghai vows punishment for COVID lockdown violators as cases hit 25,000 China's commercial capital, Shanghai, warned on Wednesday that anyone who violates COVID-19 lockdown rules will be dealt with strictly, while also rallying citizens to defend their city as its tally of new cases rebounded to more than 25,000.
Al Jazeera · Apr 13, 2022 Australia official in Solomon Islands amid China worries Visit comes amid concern a proposed security pact with Beijing will undermine regional security.
Al Jazeera · Apr 13, 2022 As Shanghai lockdown drags on, fears grow for global trade China’s strict pandemic policies have shuttered factories and prevented ships from unloading and picking up cargo.
USAFacts · Apr 13, 2022 How many nuclear weapons does the US have? As of September 2020, the US had 3,750 nuclear warheads, 88% lower than 1967 peak of 31,255.
Benzinga · Apr 13, 2022 Tesla Reopens Roadster Reservations In China, A Day After US Bookings Return Tesla Inc (NASDAQ: TSLA) is once again accepting reservations for its electric sports car Roadster in China after pausing pre-orders last year, the electric vehicle maker’s website showed.