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    Biden signs $280b Chips act in bid to boost US over China

    Biden signs $280b Chips act in bid to boost US over China

    09 Aug 2022

    President Joe Biden on Tuesday signed a $280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost US competitiveness over China. Flanked by scores...

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    21 Chinese military jets fly into Taiwan's air defence zone

    03 Aug 2022

    Gulf Today Report China rolled out curbs on Wednesday on the import of fruit and fish from Taiwan while halting shipments of sand to the island in the wake...

    China’s factory activity contracts unexpectedly as COVID flares up

    China’s factory activity contracts unexpectedly as COVID flares up

    31 Jul 2022

    China’s factory activity contracted unexpectedly in July after bouncing back from COVID-19 lockdowns the month before, as fresh virus flare-ups and a darkening global outlook weighed on demand, a survey...

    China’s economy shrinks sharply in Q2, global risks darken outlook

    China’s economy shrinks sharply in Q2, global risks darken outlook

    15 Jul 2022

    China’s economy contracted sharply in the second quarter, highlighting the colossal toll on activity from widespread COVID lockdowns and pointing to persistent pressure over coming months from a darkening global...

    China’s June factory inflation cools counter to global trends

    China’s June factory inflation cools counter to global trends

    09 Jul 2022

    China’s factory-gate inflation cooled in June to the lowest in 15 months as the country continues to buck the global trend of accelerating prices. The producer price index (PPI) rose...

    India’s gold demand improves, China buyers wary of lockdowns

    India’s gold demand improves, China buyers wary of lockdowns

    08 Jul 2022

    Physical gold demand improved slightly in India and discounts narrowed this week after prices eased, while concerns over fresh coronavirus outbreaks kept a leash on activity in China. “Buying was...

    Chinese bank lists five bonds worth $2.68 billion on Nasdaq Dubai

    Chinese bank lists five bonds worth $2.68 billion on Nasdaq Dubai

    07 Jul 2022

    Nasdaq Dubai on Thursday welcomed the listing of landmark five-tranche carbon-neutrality-themed bonds worth a total amount of $2.68 billion by the Industrial and Commercial Bank of China Limited (ICBC), the...

    Global manufacturing sector struggles in June

    Global manufacturing sector struggles in June

    02 Jul 2022

    Global manufacturing struggled in June as higher prices and a darker economic outlook left consumers wary of making purchases, while China’s strict COVID-19 lockdowns and Russia’s invasion of Ukraine added...

    Chinese airlines buy 292 planes from Airbus for total of $37 billion

    Chinese airlines buy 292 planes from Airbus for total of $37 billion

    01 Jul 2022

    Four Chinese airlines said on Friday they will buy a total of 292 planes from Airbus in a $37 billion windfall for the aviation giant, as the industry rebuilds after...

    China’s oil imports from Russia rises to a record level in May

    China’s oil imports from Russia rises to a record level in May

    20 Jun 2022

    China’s crude oil imports from Russia soared 55 per cent from a year earlier to a record level in May, displacing Saudi Arabia as the top supplier, as refiners cashed...

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