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Category: East Asia

Category:
  • China

China to discourage abortions to boost low birth rate

China will discourage abortions and take steps to make fertility treatment more accessible as part of efforts to boost one of the world’s lowest birth rates, its National Health Authority Continue Reading

Posted On : 16 Aug 2022 Published By : Tom Whipple
Category:
  • China

No China Stimulus Good Enough for Stocks Fixated on Covid Curbs

Delivery drivers pass through a security checkpoint as several city blocks are sealed off due to Covid-19 in the Meilong township of Shanghai, China, on Aug. 15. Photographer: Qilai Shen/Bloomberg Continue Reading

Posted On : 16 Aug 2022 Published By : Tom Whipple
Category:
  • China

China’s Crude Processing Dips To Lowest Since March 2020

Crude throughput at Chinese refineries slumped in July to the lowest level since the height of the pandemic in March 2020, amid unplanned facility outages and lower processing rates at Continue Reading

Posted On : 16 Aug 2022 Published By : Tom Whipple
Category:
  • China
  • Climate
  • USA

Even With Biggest-Ever Climate Bill, US Lags China’s Green Spending

The historic US climate deal that has now passed both chambers of Congress is being touted as one of the most ambitious decarbonization commitments made by any government to date. Continue Reading

Posted On : 16 Aug 2022 Published By : Tom Whipple
Category:
  • China

China to lift Aug fuel exports but 2022 shipments to drop to 7-year lows

Diesel, gasoline, jet fuel shipments to drop 30%-40% from 2021 August exports of diesel to top 1 mln T for first time in a year Full-year fuel export volumes to Continue Reading

Posted On : 15 Aug 2022 Published By : Tom Whipple
Category:
  • China

Gloomy China Economic Outlook Cools Stocks Rally: Markets Wrap

BlackRock’s Wei Li says equity markets are not “appropriately” pricing in a growth slowdown in the US and Europe. U.S. equity-index futures slipped, stocks were mixed and commodities from oil Continue Reading

Posted On : 15 Aug 2022 Published By : Tom Whipple
Category:
  • China

‘No One Immune’ Amid China Property Turmoil, JPMorgan Says

Chinese developers may report a 30% year-on-year decline in first-half earnings due this month, which will likely weigh on sentiment, according to JPMorgan Chase & Co. analysts. “No one is Continue Reading

Posted On : 15 Aug 2022 Published By : Tom Whipple
Category:
  • China

China Growth Slows Across All Fronts in July, Prompting Unexpected Rate Cut

China’s economy stumbled in July as a two-month boost from easing lockdowns faded, prompting the country’s central bank to unexpectedly cut two key interest rates in an effort to shore Continue Reading

Posted On : 15 Aug 2022 Published By : Tom Whipple
Category:
  • China

The Bursting Chinese Housing Bubble Compounds Beijing’s Economic Woes

China’s deflating property bubble is imperiling the world’s second-largest economy with effects that could ripple for years. Home prices are dropping in many cities after a long period of increase, Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple
Category:
  • China

China Heralds Another Major Oil Discovery

China’s state-run China Petrochemical Group, Sinopec, says it has discovered a massive oilfield in the Tarim Basin, containing 1.7 billion tons of oil reserves. The discovery is the result of Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple

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