Smartphone shipments in China were down 11% in the second quarter, mainly due to a decline in Huawei’s business in the aftermath of U.S. sanctions on the Chinese company, data from research firm …
Monthly Archives For July 2021
Beijing’s Big Tech Crackdown Means a Bad Summer for Investors Everywhere
Beijing’s continuing crackdown on Big Tech will have ramifications around the world. It’s going to be a bumpy ride.
China sets yuan midpoint at weakest in over 3 months
China’s central bank on Wednesday dragged its official yuan midpoint to the weakest level in more than three months to reflect broad weakness in the spot market a day earlier following a sharp …
IMAX China Reports Half-Year 2021 Financial Results
IMAX China delivered a strong revenue rebound to US$53.4 million for the first half of 2021, up from US$6.7 million a year ago, including technology sales and maintenance revenue of US$31.7 million, …
China Bond Bulls Unfazed by Xi’s Crackdown on Capital Markets
While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity.Risk aversion swept the country and spread …
China Shares May Open Under Continued Pressure
The China stock market has finished lower in three straight sessions, plummeting more than 190 points or 5.5 percent in that span. The Shanghai Composite Index now rests just above the 3,380-point …
China Soft Ahead of Fed, Big Tech Earnings. Transports Lower
Markets are lower in afternoon trading in New York today. China fears have created uncertainty, and why we looked to short the Transports yesterday. It seems like …
China floods: Sports brand Erke gear flies off the shelves after US$7.7 million donation to Henan flood relief
A little-known brand in China is enjoying a boost in popularity after donating 50 million yuan to Henan flood relief efforts …
Global Investors Blindsided by China
Beijing’s moves have already wiped out $1 trillion in value from mainland and Hong Kong stocks this month alone. Investors now being split on whether that presents an opportunity to buy in. Bloomberg …
China’s Yunnan reports 2 locally transmitted confirmed COVID-19 cases
Southwest China’s Yunnan Province reported two locally transmitted confirmed COVID-19 cases on Tuesday, the provincial health commission said Wednesday. Both cases were discovered during a nucleic …
US anti-China campaign detrimental to global COVID-19 co-op, says Armenian scholar
YEREVAN – The US disinformation campaign against China, which uses COVID-19 out of geopolitical interests, has hampered global joint efforts against the pandemic and threatened to shatter millions of …
China’s Nanjing sealed off as Delta variant spreads in COVID-19 clusters
Nanjing, a mega-city with a population of more than 9.3 million, has seen daily increases of locally transmitted COVID-19 cases since a few airport workers tested positive for coronavirus last week.
Sri Lanka receives largest COVID-19 vaccine donation from China
Sri Lanka on Tuesday received the largest COVID-19 vaccine donation from China which arrived here on board two chartered Sri Lankan Airlines flights, the Chinese Embassy to Sri Lanka said in a …
