China’s beleaguered real estate market continued to slump in August, as government attempts to stabilize the sector failed to boost consumer confidence and demand. Last month, sales of new properties …
Monthly Archives For September 2022
China has become a more complicated place to invest, says David Rubenstein
Billionaire investor and philanthropist David Rubenstein, co-founder of the Carlyle Group, joins CNBC’s ‘Squawk Box’ to discuss his new book ‘How to Invest: Masters on the Craft,’ rising China …
Nvidia Stock Drops as U.S. Restricts Sales of Data Center Chips to China
The tech giant’s stock could be in for a rough short-term ride, but long-term investors should view a big pullback as a buying opportunity.
Russia is weighing a plan to buy $70 billion in China’s yuan and other ‘friendly’ currencies to weaken the ruble: report
The ruble has surged to become one of the world’s best-performing currencies this year – and Moscow is looking at plans to slow down its rise.
Credit, Anyone? China’s Online Loan Platforms Get Stuck as Quality Borrowers Dwindle
FinVolution’s revenue growth slowed to about 12% in the second quarter from 16% and 32% in the previous two quarters, while its latest quarterly net profit fell about 6% 360 DigiTech and Lexin posted …
Russia, China begin military exercises as Moscow, Beijing strengthen ties
Russian and Chinese militaries are working together along with several other nations as part of joint war games exercises in Russia’s Far East and the Sea of Japan.
US climate bill still falls short of China’s clean energy investment, says Beijing envoy
Xie Zhenhua, China’s special envoy for climate change, says developed nations have failed to contribute US$100 billion per year to combat climate change Xie’s US counterpart, John Kerry, this week …
UN cites China for ‘serious human rights violations’ in its treatment of Uyghur Muslims
Beijing has portrayed its policies toward Uyghur Muslims as a campaign to root out terrorism. The UN says the issue merits ‘urgent attention.’ …
China’s Major Cities Edge Into Covid-19 Lockdowns Ahead of Party Congress
Sichuan capital of Chengdu orders 21 million residents to stay home just weeks before a Communist Party meeting to decide the nation’s top leadership.
What next for China after UN’s damning Uighur report?
Researchers investigating claims of abuse against Uighur Muslims and other ethnic minorities have uncovered “credible evidence” of torture that may amount to “crimes against humanity”, according to …
China and America’s long-awaited audit deal may yet fail
When in March the Securities and Exchange Commission, America’s market watchdog, published a list of firms slated for delisting, it caused the sharpest fall in American-traded Chinese stocks in more …
Hong Kong leader proposes ‘reverse quarantine’ for China travel
Hong Kong hopes to introduce “reverse quarantine” for people going to mainland China as the financial hub seeks to open up to the neigbouring technology city of Shenzhen after months of restrictions, …
U.S. export ban on some advanced AI chips to hit almost all China tech majors – analysts
A U.S. order to ban exports of some advanced chips to China is likely to hit almost any major tech company running public clouds or advanced artificial intelligence training modules in the country, …
