Nike’s long-term high-single-digit sales growth target is at risk due to boycotts in China and rising local competition. Click here to see our take on NKE.
Monthly Archives For June 2023
Yellen on US-China trade: ‘Decoupling would be a big mistake’
Despite China’s documented allegations of human rights abuses and questionable trade policies, Treasury Secretary Janet Yellen said it is in the United States’ best interest to maintain ties with China.
Amid focus of Cuba’s ties to China and Russia, residents bemoan hunger, scarcity
When Ariel Maceo Tellez walks the streets of Jaimanitas, west of Havana, Cuba, he says it feels like they are full of “ghosts” — most of his friends are gone, having fled the island to…
Economic stimulus in China would be a win for 3 stocks tied to Chinese consumers
Soft post-Covid economic activity in China could bring on more stimulus support — a move that would be a boost for our China reopening stocks.
Yellen Says Bid to Decouple From China Would Be ‘Disastrous’
The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.
Greenwich Economic Forum brings next investment conference to Hong Kong as financial leaders look to reopening of China
The Greenwich Economic Forum (GEF) will host its first event outside the U.S., with a conference on Thursday and Friday in Hong Kong. In one of the world’s top financial centers, GEF officials are …
Bank of China Uses Ethereum Blockchain for $28 Million Digital Structured Notes – Crypto Adoption on the Rise?
Bank of China’s investment arm BOCI has utilized the Ethereum blockchain network to issue $28 million worth of digital structured notes.
Saudi Arabia Looks to China for Business as US Influence Wanes
Days after welcoming Secretary of State Antony Blinken as part of efforts to reset relations with the US, Saudi Arabia turned its attention to boosting ties with one of Washington’s main competitors: …
As US-led tech war heats up, connectivity is key to Beijing’s innovation ambitions
The capital city must improve its coordination with nearby Tianjin and Hebe, and look to the Greater Bay Area tech cluster for lessons China must also establish outposts of innovation in friendly – or at…
Millionaires are fleeing China at a faster pace as the post-COVID economic rebound fizzles
China will see a net loss of 13,500 high-net-worth individuals in 2023, up from 10,800 in 2022, the Henley Private Wealth Migration Report said.
China Broadnet reaches 9 million 5G subscribers: Report
China Broadnet had reached the 1 million 5G subscriber mark in October last year. The operator became the country’s fourth operator when formally inaugurated in 2020, having previously acquired a …
China is trying to stop its boosters from randomly crashing into villages
China’s space program has advanced by leaps and bounds in a relatively short time. However, it has suffered some bad publicity in recent years due to certain “uncontrolled reentries” (aka crashes). On …
Canada police investigating China meddling claims
Canadian police have opened an investigation into allegations China sought to intimidate a member of parliament and his family. The RCMP commissioner said on Tuesday the investigation is one of several by the federal force…
