Sony Looks to Sell Its Own Electric Vehicles
Sony Group Corp. said it would create a car unit and explore entering the electric-vehicle market, in another sign of how the electronics and car businesses are overlapping. At the CES Continue Reading
Chinese banks cut back traditional lending as concern over economy mounts
Chinese banks rushed to meet their annual state-imposed lending quotas last month by buying up low-risk financial instruments rather than issuing loans, a surge that bankers and analysts said reflected Continue Reading
In China’s Xi’an lockdown, tales of anguish as hospitals demand patients are covid-free – The Washington Post
On the first day of 2022, outside Xi’an Gaoxin Hospital, in the middle of China’s worst coronavirus outbreak since Wuhan, a woman eight months pregnant miscarried after being refused care until she Continue Reading
China’s Dec manufacturing PMI rises, uptrend likely to continue in early 2022
Highlights Manufacturing sector continues to recover in H1 2022 Concerns remain on overseas demand in H2 2022 The Chinese manufacturing purchasing managers index continued to rise in December at 50.3 Continue Reading
Hyundai describes Metamobility concept, introduces Mobility of Things
Hyundai Motor used CES in Las Vegas as the platform to describe its new “Metamobility concept”, which will incorporate the use of robotics in both the real world and the Continue Reading
Goldman Says China Border Curbs Likely to Last Most of 2022
China could retain its tight border restrictions for the whole of the year as it prepares to host the Winter Olympics and a series of political events in 2022, Goldman Continue Reading
India’s Diesel Demand Yet To Reach Pre-Covid Levels
India’s demand for diesel, the most used fuel in the world’s third-largest crude oil importer, rose in December 2021 from a month earlier but was still 2 percent lower than Continue Reading
Indonesia’s coal export halt throws dry bulk shipping into disarray
Supramax, Panamax rates in Pacific may fall sharply Ship-operators to foot cost of tonnage held up in Indonesia Supramax and Panamax markets in the Pacific region are expected to face Continue Reading
China’s Manufacturing Expands While Employment Remains Weak
Bloomberg News Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast . China’s factory activity expanded in December as production and sales picked Continue Reading
China: Xi’an residents in lockdown trade for food amid shortage
Some have shared videos on social media of them swapping cigarettes for cabbage, and a Nintendo Switch for instant noodles and steamed buns Some residents under quarantine in the Chinese Continue Reading