GM and its various China joint ventures, which operate brands like Buick, Chevrolet, Cadillac, and Wuling in China, reported sales dropped 35% from a year ago to 484,200 vehicles. It was GM’s worst …
Monthly Archives For July 2022
China fires back, calls US ‘the biggest threat to world peace, stability and development’ after FBI warnings
China fired back at warnings from the U.S. intelligence community about the threat Beijing poses – urging officials to “stop spreading lies and stop making irresponsible remarks.” …
White House blasts McConnell for threatening to tank China competition bill
The White House accused Mitch McConnell of hypocrisy for his threat to tank the bipartisan innovation bill if Democrats continued a push for reconciliation bill.
What Cramer is watching Thursday — another rally, retail catch-up cuts, possible China stimulus
What I am looking at July 7, 2022 The Micron Rally, will it continue? Samsung reports better than expected earnings per share, 21% jump in revenue. Taiwan Semiconductor (TSM) jumps, too. Is it time to…
India blocks 119 accounts linked to China’s Vivo in money laundering probe
India’s financial crime agency said on Thursday it has blocked 119 bank accounts linked to Vivo’s India business which were holding 4.65 billion rupees ($58.76 million), as part of a probe into …
China’s June forex reserves fall more than expected to $3.071 trln
China’s foreign exchange reserves fell more than expected in June, official data showed on Thursday, as the dollar climbed against other major currencies.The country’s foreign exchange reserves – the …
Soho China CFO Probed For Insider Trading; Shares Fall 2.8% In Hong Kong
None of the directors or other senior officers of the Company is aware of the circumstances of the alleged insider trading and is not directly involved in the investigation,” Soho China said in a …
China, emerging markets suffering worst capital exodus in 7 years with US$4 billion net outflow in June
China and over 20 other emerging markets are undergoing their worst wave of capital exodus in around seven years, with a net total of US$4 billion withdrawn from equities and bonds combined in June, …
These Stocks Could Soar if Biden Rolls Back China Tariffs
Needham analyst Anna Andreeva said two online retailers are likely to get the biggest benefit if tariffs are cut in an effort to fight inflation.
Xinhua Headlines: Lower tariffs, faster customs clearance — China, ASEAN share bounty of RCEP trade facilitation package
The booming economic and trade cooperation between China and ASEAN countries has further gained steam as the RCEP agreement provided faster customs clearance and other trade facilitation measures. * …
China’s share in India’s total imports falls to 15.4% in FY22: Report
The share of Chinese imports in the country’s total inbound shipments has declined to 15.4 per cent in 2021-22 from 16.5 per cent in 2020-21, sources said on Thursday.
How Biden Can Reverse China’s Gains in Saudi Arabia
Argument: How Biden Can Reverse China’s Gains in How Biden Can Reverse China’s Gains in Sau… | View Comments () When U.S. President Joe Biden visits next week, China should be on his mind. His…
Historic Shifts in Russian Energy Flows Bolstering China
The coordinated sanctions imposed on Russian oil and gas exports by the United States, Europe and their Pacific Rim allies have led to a historic …
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