Invesco China Technology ETF is composed of software applications, social networking companies. See why I think there’s more pain ahead for Chinese tech sector.
Monthly Archives For August 2022
China’s top chipmaker SMIC just achieved an Intel-like breakthrough
China’s top chipmaker SMIC’s 7-nanometer process to produce semiconductors has placed it on par with industry giants like Intel and Samsung Electronics.
A year on, China’s national carbon market still plagued by serious data issues and delays
It might change market dynamics, ” Tan told Eco-Business. Over-the-counter trades happen when ETS participants seek each other out and carry out transactions outside the carbon market. China’s …
China’s Sichuan Pivots From Historic Drought to Flood Warnings
It’s also threatening to crimp some economic activity, however, with authorities asking 324 mines, including 60 coal operations, to withdraw more than 5,000 workers as a safety precaution. China’s …
U.S. Navy Vessels, Aircraft Return to Taiwan Strait Amid China Fallout
Radio exchanges in the Taiwan Strait over the weekend indicated the return of U.S. military operations in the waters separating China and Taiwan.
Lockdowns in China, and North Korea, Deal Double Blow to Bridge City
Shenyang, in China’s northeast, was a hub for North Korean workers and a launchpad for visits to Pyongyang. Covid restrictions have battered its economy.
METALS-Base metals drop on China’s COVID-19 outbreak, U.S. rate hike jitters
Industrial metals prices fell on Tuesday, after rising coronavirus cases in China sparked fresh demand concerns just as the global economic growth outlook worsened on looming U.S. interest rate hikes.
Crypto Miner Malware Hits Systems Across 11 Countries; Infects 111K Users Through Popular Apps
“What’s most interesting to me is the fact that the malicious software is so popular, yet went under the radar for so long,” Check Point vice president Maya Horowitz said.
Young and out of a job in China: how Covid-19 is creating an unemployment crisis
Youth unemployment rate rose from 15.3 per cent in January to 19.9 per cent in July as record 10 million university graduates entered the job market.
China PX imports affected by the influx to the US
The sharp reduction in China PX imports came as a result of production cuts outside China as well as the influx of cargoes to the US with Asia to US arbitrage earlier open. Then, how…
China arrests hundreds in rural banking scandal
Police in China have arrested 234 suspects allegedly involved in a rural banking scandal, a month after hundreds of depositors protested over their lost savings in one of the largest demonstrations …
China imposes Covid-19 lockdowns for millions around Beijing
Millions of people in areas surrounding China’s capital were ordered into lockdown, with authorities doubling down on efforts to contain Covid-19 ahead of a key ruling Communist Party meeting this …
China property crisis: Is the global economy at risk?
China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.
