As per the StockApps report, crypto investors made $162.7 billion in profits in 2021. This significant amount of profit represented an increase of nearly 400% from 2020. In the previous year, Crypto …
Monthly Archives For May 2022
How will China leverage its mega-market, expand high-level opening up? How will China leverage its mega-market, expand high-level opening up?
China has made significant progress in improving the business environment, expanding domestic demand and consumption, and developing high-quality foreign trade over the past 10 years, according to a …
China Promised to Shore Up Its Battered Tech Companies. It Helped Boost Stocks for Now.
Tech stocks had a rollercoaster week, finally rallying on after government leaders said they would support the sector, and the central bank cut interest rates.
China Business Sentiment Surveys: Foreign Companies Remain Committed Despite Headwinds
China business confidence surveys show that most foreign companies remain committed to the market. Despite current headwinds, we advocate cautious optimism.
China’s strict COVID-19 measures expected to last until key Communist Party congress | Video
Shanghai has reported three new COVID-19 infections outside quarantined areas after five days of no such cases. Analysts expect China’s zero-COVID policy to continue even beyond this latest outbreak, …
‘Do whatever it takes’: Beijing urged to act as China’s economy falters
Attempts to boost flagging GDP growth hindered by Covid lockdowns, Ukraine war and Sino-US tensions …
Canada bans tech from China’s Huawei, ZTE on its 5G networks
Canada announced that it is prohibiting products and services made by China’s Huawei Technologies Co. and ZTE from use on its 5G cellular networks.
European shares rebound as China rate move helps sentiment
Shares rebounded on Friday after China cut a key lending benchmark to support its economy, though a global equities gauge remained set for its longest weekly losing streak on record amid investor …
Stock Market Today – 5/20: Stocks Bounce On China Rate Cut, But Markets Jittery Amid Fed Inflation Fight
A surprise overnight mortgage rate cut in China has global stocks on the rise Friday, but U.S. markets remain focused on the Fed’s inflation fight.
China’s stimulus tops $5 trillion as Covid zero hits economy
China’s plans to bolster growth as Covid outbreaks and lockdowns crush activity will see a whopping $5.3 trillion pumped into its economy this year …
Goldman Sachs expects one third of HY China property firms to default in 2022
Goldman Sachs said on Friday it now expects around one third of high-yield China property firms to default in 2022, with stresses on bonds increasingly emerging through maturity extensions.
Economic Watch: Lower energy consumption intensity reflects China’s commitment to green shift
As part of its efforts to foster a greener and more sustainable economy, China, the world’s largest energy producer and consumer, is rapidly reducing the intensity of its energy consumption. In 2021, …
China Offers More Forex Hedging Tools in Wake of Yuan Volatility
China’s foreign exchange regulator said on Friday it would offer new derivatives tools to help companies better hedge their currency risks, after recent huge volatility in the Chinese yuan. The State …
