JPMorgan Chase & Co CEO Jamie Dimon on Wednesday called for “real engagement” between policymakers in Washington and Beijing.
Monthly Archives For May 2023
US says Chinese jet conducted ‘unnecessarily aggressive maneuver’ intercepting US spy plane over South China Sea
A Chinese fighter jet conducted an “unnecessarily aggressive maneuver” during an intercept of a US spy plane in international airspace over the South China Sea last week, the US military said in a …
Elon Musk is Beijing’s ideal foreign investor
Elon Musk may be China’s most popular American. The obstreperous entrepreneur landed in Beijing on Tuesday for his first visit to the country since 2020 and was immediately ushered into meeting with …
Exclusive: Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources
Credit Suisse has scrapped plans to set up a locally incorporated bank in China to sidestep a potential regulatory conflict arising from its merger with UBS , said two sources with direct knowledge of …
JPMorgan’s Dimon says US, China need to have ‘real engagement’
JPMorgan Chase & Co CEO Jamie Dimon on Wednesday said the United States and China need to have “real engagement”, during his first visit to China since his 2021 comment about the bank outlasting China…
Dollar sags versus yen after Japan warning; Aussie slides on China data
The dollar languished below the psychological 140 yen level Wednesday after getting knocked back from a six-month high after Japanese officials met on Tuesday.
Restrictive US Crypto Regulations May Help China Become Global Financial Leader: Coinbase CEO
“Crypto has the potential to play a significant part in stimulating the American economy and promoting democratic values worldwide,” Brian Armstrong said.
UK post-Brexit deals with Australia and New Zealand come into force; China’s factory activity falls – business live
Rolling coverage at the latest economic and financial news, as the UK’s trade deals with Australia and New Zealand come into effect since midnight …
Elon Musk’s visit underscores China’s importance to global EV market, analysts say
Sassine said the visit could also be seen as a “political statement” to China, where business leaders like Musk and JPMorgan chief Jamie Dimon are “telling politicians on both sides of the Pacific …
Cargill to sell China poultry business to private equity firm DCP Capital
Agribusiness giant Cargill has agreed to sell its poultry business in China to private equity firm DCP Capital, the U.S. company said in a statement on Wednesday. The sale of the unit known as Cargill…
Nearly 97% foreign firms satisfied with China’s business environment: survey
Some 97 percent of the surveyed foreign firms said they are satisfied with China’s policies on boosting foreign investment that rolled out from the beginning of the fourth quarter of last year to date …
Tesla CEO Elon Musk explores business expansion in China during meeting with Foreign Minister
Beijing/China: Elon Musk, the CEO of Tesla, recently met with China’s Foreign Minister, Qin Gang, during his visit to Beijing on Tuesday.
Elon Musk Says Wants To Expand China Business In FM Meeting
Elon Musk said Tuesday he was willing to expand his business in China, as he met Foreign Minister Qin Gang in Beijing on his first trip to the country in over three years.
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