Carnage in China’s financial markets signals the beginning of a new era, investors say, as the government puts socialism before shareholders and regulatory changes rip apart the old playbook.
Monthly Archives For July 2021
China dresses down the US; and climate’s ‘hammer’ blow
Amid an Olympic gold rush and a worsening pandemic, something else is happening that may ultimately do far more to shape the world: Already bitter relations between the United States and China are …
Expect More Crackdowns From China—and Risks for Investors
The risks of investing in China are front and center as Beijing tightens control over its biggest companies and the U.S-China relationship continues to fray.
China’s Nanjing reports 47 new locally transmitted confirmed COVID-19 cases
Nanjing, capital of east China’s Jiangsu Province, reported 47 confirmed cases of COVID-19 and one asymptomatic infection on Tuesday, local authorities said Wednesday. All the cases were categorized …
How China Missed Its COVID-19 Opportunity
After initial missteps, Beijing had the chance to be the envy of the world for its pandemic management. What went wrong?
Smearing China over COVID-19 is geopolitical game: senior Bangladeshi journalist
M Abdullah, president of a faction of Bangladesh Federal Union of Journalists, the country’s apex union for professional journalists, made the remarks in a recent interview with Xinhua, in response to …
China tech sell-off pauses as investors wait on Beijing’s next move
Chinese stocks steadied on Wednesday as investors caught their breath after Beijing’s crackdown on education and technology companies prompted an epic sell-off this week. Hong Kong’s benchmark Hang …
Tencent, Meituan Dumped by China Traders Who Used to Buy on Dips
Chinese investors are turning against the nation’s technology giants, removing a pillar of support that helped the sector through previous market routs.Mainlanders have sold a net HK$33 billion ($4.2 …
China Considering Imposing 10-25% Tax on Steel Exports
After 30% YoY surge in Chinese steel exports in H1 of 2021 to 37.4 million tonnes, the news of Chinese government imposing a tax on steel exports to cool export is in forefront recently and…
China sees 78.1 million smartphone shipments in Q2 2021; Vivo becomes the leading smartphone brand
International Data Corporation (IDC) has today released a new report revealing data for the smartphone shipments in the second quarter of this year for the Chinese market. It claims that about 78.1 …
Starbucks shares fall on reduced China outlook
Starbucks shares fell 3% in the after-hours session after the company lowered its sales growth forecast for China, its second-largest market outside the U.S. The Seattle-based coffee giant said its …
Chinese stocks are now among Asia’s worst-performing as Beijing crackdown spooks investors
Days of heavy selling in Chinese stocks have left two major indexes in the country as the worst-performing markets of Asia-Pacific.
Top Olympic Sponsors Grilled on China Human Rights Abuses Ahead of Beijing Games
Top U.S. corporate sponsors of the Beijing 2022 Olympics dodged two hours of questions from a bipartisan U.S. government commission Tuesday to avoid directly condemning China’s human rights abuses …
