India is not the new China, but the emerging superpower could “enjoy some very high growth years,” said Riedel Research Group. “[I’m] very, very bullish on India — they are doing all the right things…
Monthly Archives For July 2023
Yellen set to travel to Beijing as part of ongoing efforts to stabilize relationship with China
Treasury Secretary Janet Yellen will travel to Beijing later this week as part of ongoing efforts by the Biden administration to deepen communication between the US and China after what has been a …
Yellen will travel to Beijing this week to meet with top Chinese officials
Yellen will attend meetings in Beijing from July 6-9, the Treasury Department announced Sunday evening, following a directive from President Joe Biden to deepen communications with China in the wake …
Will China’s central bank defend the falling yuan as its new Communist Party chief, Pan Gongsheng, takes the helm?
People’s Bank of China promises ‘comprehensive measures’ to prevent wild swings in exchange rate as currency approaches key psychological threshold.
Yellen to visit China this week
Driving the news: Yellen will visit Beijing July 6-9 and meet with senior officials in China, where she plans to give a face-to-face version of her speech in April that laid out the three principles…
Treasury secretary to make first trip to China seeking better relations
Janet L. Yellen jets to Beijing this week in a test of the administration’s ability to improve relations with China while seeking to cut U.S. companies’ reliance on Chinese factories.
The state of the U.S. Navy as China builds up its naval force and threatens Taiwan
China has spent the last 20 years building the biggest navy in the world. As tensions with that country continue to rise, Norah O’Donnell boarded the USS Nimitz to report on the U.S. Navy’s readiness.
BRIEFS: Faltering Chinese Recovery Leaves Hong Kong Short of IPOs, But Hope Remains
Persistent Sino-US animosity has also prompted wary Chinese businesses to opt for a mainland listing, undercutting a lucrative portion of IPO activities once dominated by the Asian financial hub and …
Morning Bid: Third quarter kicks off with China PMI in spotlight
China’s Caixin manufacturing PMI is expected to fall to 50.2 from 50.9, signaling a slowdown in factory sector growth almost the point of stagnation. The official PMI, expected to show a third month …
China’s Catch-22 situation for the economy – and how to invest around it
A look through China’s economy today reveals a few dilemmas, especially for investors trying to gauge future growth. If the government sticks to a playbook of infrastructure investment to drive growth …
Drug agency chief calls on China and Mexico to help stem US fentanyl crisis
The majority of the extremely powerful illegal opioid entering the US is manufactured in Mexico using Chinese precursors …
India and China are buying new tanks designed to fight on one of the world’s highest battlefields
China and India are investing in tanks that can handle high altitudes and tough terrain amid heightened tensions on their disputed Himalayan border.
Morning Bid: Q3 kicks off with China PMI in spotlight
China’s Caixin manufacturing PMI is expected to fall to 50.2 from 50.9, signaling a slowdown in factory sector growth almost the point of stagnation. The official PMI, expected to show a third month of contraction,…
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