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On May 14th, the Peoples Bank of China released its April financial statistics report. Preliminary statistics show that the total social financing in the first four months of 2026 reached 15.45 trillion yuan, 893 billion yuan less than the same period last year. Specifically, RMB loans to the real economy increased by 8.5 trillion yuan, 1.29 trillion yuan less than the same period last year; foreign currency loans to the real economy increased by 103.6 billion yuan (equivalent to RMB), 213.4 billion yuan more than the same period last year; entrusted loans decreased by 94.1 billion yuan, a larger decrease of 99.4 billion yuan than the same period last year; trust loans increased by 300 million yuan, 45.1 billion yuan less than the same period last year; undiscounted bank acceptance bills increased by 51.3 billion yuan, 199.2 billion yuan less than the same period last year; net financing of corporate bonds reached 1.5 trillion yuan, 739.3 billion yuan more than the same period last year; net financing of government bonds reached 4.45 trillion yuan, 399 billion yuan less than the same period last year; and domestic equity financing of non-financial enterprises reached 200.8 billion yuan, 65.5 billion yuan more than the same period last year.May 14th - Since the beginning of this year, the national average rainfall has been 7% lower than the same period in normal years, with some areas experiencing 20-60% less rainfall, including western and southeastern Northeast China, western and northern North China, western and northeastern Northwest China, eastern and southern Huanghuai region, Jianghuai region, and most of South China. Water resources departments at all levels have fully utilized the digital twin water conservancy system and the joint scheduling system for river basin water projects to coordinate water demand across upstream and downstream areas, left and right banks, and main streams and tributaries. They have scientifically scheduled water projects to maximize water storage, utilize water during dry seasons, and ensure multi-source complementarity, precisely regulating the water volume and levels of rivers, lakes, and reservoirs to meet irrigation needs. Strengthening water conservation has effectively guaranteed water supply for spring farming and urban and rural water supply security. Currently, the country is gradually entering the flood season from south to north. The Ministry of Water Resources will continue to closely monitor rainfall and water conditions, strengthen forecasting and early warning, conduct rolling consultations and assessments, and coordinate the needs of various parties, including pre-flood drawdown of reservoirs, flood control during the flood season, urban and rural water supply, and agricultural irrigation. It will scientifically schedule key reservoirs in river basins to ensure flood control and water supply security.According to Hong Kong Stock Exchange filings, Standard Chartered Bank repurchased 801,239 shares on other exchanges on May 13, for a total amount of £15 million.May 14th - Air China, China Southern Airlines, Xiamen Airlines, and other airlines announced that fuel surcharges for tickets sold on routes within mainland China starting from 00:00 on May 16th will be increased. The specific rates are: RMB 90 per segment for routes of 800 kilometers (inclusive) or less, and RMB 170 per segment for routes over 800 kilometers. Infant passengers will be exempt from the fuel surcharge, while the fuel surcharge for children, disabled veterans, and disabled police officers will be reduced by half. For tickets sold on or before May 15th for routes within mainland China, changes made on or after May 16th will not be subject to the new rate adjustment.May 14th - Air China, China Southern Airlines, Xiamen Airlines, and other airlines announced that fuel surcharges for tickets sold on routes within mainland China starting from 00:00 on May 16th will be increased. The specific rates are: RMB 90 per segment for routes of 800 kilometers (inclusive) or less, and RMB 170 per segment for routes over 800 kilometers. Infant passengers will be exempt from the fuel surcharge, while the fuel surcharge for children, disabled veterans, and disabled police officers will be reduced by half. For tickets sold on or before May 15th for routes within mainland China, changes made on or after May 16th will not be subject to the new rate adjustment.

New York state Amazon warehouse employees desire unionization

Aria Thomas

Aug 17, 2022 11:17

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According to a statement issued by the National Labor Relations Board on Tuesday, workers at an Amazon.com Inc. (NASDAQ:AMZN) warehouses outside Albany, New York, are attempting to unionize.


The Amazon Labor Union, the same independent organization that orchestrated a historic union victory at another Staten Island warehouse in April, petitioned the federal labor board to hold an election at the warehouse near Albany and represent around 400 workers.


The online giant is accused of prioritizing profit over worker safety and illegally blocking unionization, prompting employees at dozens of Amazon warehouses across the United States to consider union membership.


Amazon spokesperson Paul Flanagan reacted to a request for comment on the warehouse in the Albany area by noting, "Our employees have the option to join a union or not." They always have had. We do not believe unions are the best option for our employees. We are committed to working closely with our team to make Amazon a great place to work."


In the past year, unionization petitions have been filed at multiple Amazon warehouses, including the one in Albany.


The Amazon Labor Union held elections at two Staten Island locations. The first group voted to unionize, whereas the second group did not.


A petition to unionize a tiny New Jersey warehouse was withdrawn.