Trans-Pacific spot container rates have plateaued and in some cases pulled back, spurring speculation that container investors’ bull run has peaked and relief is on the way for U.S. importers. The …
Monthly Archives For October 2021
Syngenta $10 Billion China IPO Plan Halted for Earnings Data
Syngenta Group’s plan for an initial public offering has hit a roadblock after the Shanghai Stock Exchange suspended the company’s application pending an update to information about its earnings. The …
Beijing Olympics Sponsors Face a $110 Billion Dilemma
Not all disclose how much annual revenue they generate in China, but Bloomberg data and analysis by Strategy Risks, a U.S. firm that measures corporate exposure to China, suggest that 10 of the 12 top…
China Probes State Banks for ‘Political Deviations’
China’s president is taking a closer look at the connections between state banks and larger private-sector operators to clamp down on capitalist forces.
China/Taiwan tensions could have ‘serious repercussions’ for Garmin
The growing tensions between Taiwan and China could threaten #Garmin’s sizable operations in Taiwan. The company haas plans to open a new factory there, which will initially hire 1,000 workers.
Huge Landslide Crashes Down Mountainside Onto Roadway in China
A video, featured above, showed the terrifying moment a landslide swept a road in the city of Hanzhong, in China’s Shaanxi Province. The footage, filmed on Monday, comes at a time of destructive—and …
Pentagon Official Resigns Over Belief China Has Won AI Battle, Heading to Global Dominance
“We have no competing fighting chance against China in 15 to 20 years. Right now, it’s already a done deal,” Nicolas Chaillan said.
China’s Crypto Ban Is A Boon To DeFi, Expert Suggests
China’s latest cryptocurrency ban resulted in some panic-selling digital assets, but according to others, it is a quite welcome change to the crypto landscape. What Happened: According to a Monday …
Gogoro, DJC & Yadea create battery swap China brand
The Taiwanese e-scooter manufacturer Gogoro is now in the process of bringing its battery exchange network to China and has created its own brand called Huan Huan with moped scooter manufacturers …
The huge demand for shipping from China juiced this company’s profit, and it expects much more
The demand for shipping from China to the U.S. led to a huge third quarter for Matson Inc., and the company expects the issue to persist well into next year.
China’s Harbin lends hand to property firms; Morgan Stanley upgrades sector view
Harbin has become one of the first cities in China to announce measures to support property developers and their projects, which have been shaken by the deepening debt crisis at property giant China …
Breakfast briefing; China’s property contagion at a key point
Oil and aluminium prices rise; Japanese machine tool orders strong; China property woes spread to their whole bond market; Nobel prizes awarded in economics; UST 10yr 1.61%, oil rises but gold stable; …
China property bonds dive
Chinese property firms’ bonds were hit with another wrecking ball on Monday as Evergrande looked set to miss its third round of bond payments in as many weeks and rivals Modern Land and Sinic became…
