Georgios Leontaris, chief investment officer for EMEA at HSBC Global Private Banking and Wealth, discusses the Chinese economic outlook and its market implications.
Monthly Archives For May 2023
China’s Chip Imports Drop 21% in January to April on US Export Ban, Self-Reliance Push
China’s imports of semiconductors fell 21 percent in the first four months of the year, impacted by US export restrictions and stepped up efforts toward self-reliance, according to the latest official …
Alibaba Cloud Unit Said to Cut 7％ of Staff ahead of Spinoff and IPO
Alibaba has initiated a new round of layoff within its unit engaged on cloud service, and could cut about 7% of staff, as part of preparation for a spinoff and the following initial public offering…
Giant panda Ya Ya returns to Beijing Zoo after two decades in the U.S.
China is celebrating the return of the giant panda Ya Ya to Beijing after two decades in the U.S. The bear had been living at the Memphis Zoo in Tennessee since 2003. She initially returned…
China’s factory activity likely contracts in May – Reuters poll
China’s factory activity likely contracted further in May, a Reuters poll showed on Monday, adding to pressures facing the world second-biggest economy amid an uneven economic recovery from the …
MYEG’S ZETRIX TO ROLL OUT CROSS-BORDER TRADE CONNECTIVITY TO CHINA IN 3Q
MY E.G. Services Bhd’s (MYEG) layer-1 public blockchain infrastructure Zetrix is expected to roll out its cross-border trade connectivity to China’s blockchain platform within the third quarter (3Q) …
China’s Metaverse Ambition, Web3 Investment Challenge Country’s Stiff Crypto Position
Beijing released a whitepaper on the development of the metaverse, noting that web3 technology is an “inevitable trend for future internet industry development.” …
Cryptocurrency prices rebound after a quiet spell as China exploits US political division
As China triggers a reassessment of crypto, the sector is also getting a boost from the mania around AI stocks typified by the doubling in the price of chip giant Nvidia, which is close to…
China’s military has become an untouchable nationalist symbol. Artists and comedians are finding out the hard way
His pink-skinned caricatures, frozen in hysterical laughter in various settings and posing as people from all walks of life, including military personnel, have smashed auction records and been shown …
Why China’s Young Do Not Share The Country’s Prosperity
The average Chinese citizen is much better off today than four decades ago when the country’s economy was mired in stagnation.
China Considers Tax Breaks for Manufacturers as Economy Cools
China is considering new tax incentives for high-end manufacturing companies, according to a person familiar with the matter, as Beijing seeks to bolster the economy and encourage more innovation in …
China says it wants peace in Ukraine, but is it only on Russia’s terms?
China’s envoy for the war in Ukraine ended a nearly two-week tour through Europe with a stop in Moscow on Friday, closing out a mission that served as a key test of Beijing’s bid to…
China Might Have 65 Million COVID Cases a Week by June. How Worried Should the World Be?
China has been facing a new COVID-19 wave fueled by the XBB variant since April. Data from Zhong Nanshan—a respiratory disease doctor who was among the first to confirm COVID-19’s easy …
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