China’s fuel product exports will rebound in August to near the highest for the year so far after Beijing issued more quotas in June and July, although broader curbs are set to cap shipments at…
Monthly Archives For August 2022
UPDATE 1-NYSE delistings signal Beijing may be willing to compromise on U.S. audit dispute -analysts
The move to delist five Chinese state-owned enterprises (SOEs) from the New York Stock Exchange (NYSE) signals Beijing may be willing to compromise in order to strike an audit deal with the United …
China’s Tiktok may face new US restrictions despite reversal of Trump ban
TikTok could soon face restrictions from the U.S. government despite President Joe Biden’s rollback of former President Donald Trump’s ban against the Chinese-owned app.
Foreign trade of East China’s Jiangxi up 45.2% in Jan-July
NANCHANG – East China’s Jiangxi province reported a robust 45.2 percent increase in foreign trade in the first seven months to 385.21 billion yuan ($ 57.14 billion), official data showed. Among the …
China’s Economy Is Slowing. Tesla, 3M, and Other That’ll Take a Hit.
Economic data coming out of China haven’t been great. That could hurt U.S. manufacturers that rely on Chinese demand.
Panicked shoppers at an Ikea store in China were locked inside for more than 4 hours because of a COVID-19 infection risk, report says
Some customers screamed and fled towards the exit after health authorities imposed “temporary control measures” on the store, Bloomberg reported.
China announces new military drills as U.S. congressional delegation visits Taiwan
China has announced more military drills around Taiwan as the island’s president met with members of a new U.S. congressional delegation.
Elon Musk Walks a Fine Line With Ties to China
This is the balancing act Musk must execute. China is a key market for Tesla as it seeks to dominate the global electric-vehicle market. Tesla is currently the industry leader in production and sales …
Stocks down as China cuts key interest rate and ahead of retail earnings
U.S. stocks are falling ahead of a week of quarterly financial reports from retailers as well as government data that may shed light on how American shoppers and businesses are weathering stubborn, …
Elon Musk tells China his views on the future of technology and society
Chinese tech stocks such as Alibaba, Baidu and Tencent Holdings went into the red Monday as Elon Musk gave Beijing officials a piece of his mind about how technology will affect the future.
China can’t afford to worry about inflation right now
China’s central bank kicked off the week with a big surprise: cutting a key lending rate by 10 basis points—despite signaling just a few days before that it had no immediate plans for rate cuts.
China’s Real Estate Market Crash Can Affect These 10 American Stocks
In this article, we discuss the 10 American stocks that can be affected by China’s real estate market crash. If you want to read about some more American stocks that can be affected by China’s…
China’s autonomous driving enters “fast lane” with commercial operations
A resident uses an app to hail a driverless taxi in southwest China’s Chengdu city in July. On August 8, driverless robotaxi services were launched in designated areas in the Chinese cities of Wuhan …
