Mon June, 2022, Age: 2 weeks
June 18, or 618, is among the biggest Chinese shopping extravaganzas of the year. With the risk of Covid-19 outbreaks and lockdowns looming, consumers and businesses have both become quite cautious, economist notes.
China will need to take on additional debt to fill one trillion funding gap this year https://www.cnbc.com/2022/05/31/china-faces-a-nearly-1-trillion-funding-gap-it-will-need-more-debt-to-fill-it.html
Per Bloomberg India is scrutinizing ZTE, Vivo for alleged financial irregularities. https://www.bloomberg.com/news/articles/2022-05-30/india-said-to-probe-zte-vivo-as-more-china-firms-under-scrutiny