The coaches were all completed in China. Another 184 units will be delivered to Pakistan in parts and will be assembled locally. The combination of exporting “actual products and technology” has been …
Monthly Archives For November 2022
China could be gearing up to invade Taiwan now that President Xi has installed a ‘war cabinet’, veteran investor Kyle Bass warns
Longtime China bear Kyle Bass said President Xi could be looking to move into Taiwan within two years, and that bodes ill for chipmaker stocks.
World’s largest iPhone plant on COVID-19 lockdown in China
The world’s largest iPhone plant went under lockdown starting Wednesday with the rest of Zhengzhou City in China over the latest COVID-19 scare, officials there said.
Major banks are bullish on Hong Kong’s economy and China growth prospects
“We had record results in Hong Kong in the third quarter of this year, which seems incongruous with the ongoing, lingering Covid type restrictions and the challenges in China.” Both banking …
How a Mysterious China Screenshot Spurred $450 Billion Rally
Nobody is quite sure who wrote it, when it was written or if it’s even true. But a screenshot of four paragraphs detailing a China reopening plan was enough for traders to scoop up stocks…
Investors Inhale CanSino Biologics’ Return Today As China’s Big Three Regulators Address Concerns
The stock has gained +170% over the last eight trading days according to Bloomberg as healthcare stocks in Hong Kong +7.32% and China +1.35%. The Global Financial Leaders Investment Summit, which …
Covid-19: China imposes lockdown on 600,000 people around world’s largest iPhone plant
Chinese authorities imposed lockdowns on 600,000 people in the area surrounding the world’s largest iPhone factory on Wednesday, as workers complained of d..
China striving to control new COVID outbreaks – commission
China is striving to control the sudden outbreak of COVID-19 infections in the shortest possible time, the health commission said on Wednesday in its first comments since the 20th Communist Party …
Tesla closes its first showroom in China
EV maker Tesla has closed what had been its flagship showroom in China as the company adjusts its sales and service strategy in its second-largest market.
China imposes lockdown to largest iPhone factory city after COVID-19 outbreak
A new chapter unfolds at the largest iPhone factory in China. Local authorities have ordered a seven-day lockdown at the site due to a COVID-19 outbreak on the weekend. As Foxconn is paying higher …
Meet the 7 powerful men who will rule Xi Jinping’s China for the next 5 years
Xi Jinping has unveiled a new politburo standing committee, the Communist Party’s elite members that set its political, economic, and social policies.
China’s Zero-COVID Strategy Is Messing With the U.S. Holiday Season
Beijing’s zero-tolerance approach to stamping out COVID-19 outbreaks nationwide may cause serious strain on year-end production quotas as the holiday season nears in the United States and China.On …
Hong Kong, struggling to revive hub status, sells ‘China advantage’ to global banks
Hong Kong and Chinese officials on Wednesday touted the city’s connection to the world’s second-largest economy as they looked to restore its reputation as a global financial hub after years of …
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