Summary Commodity prices are currently low due to a slowdown in manufacturing activity, but higher energy prices could promote a rebound.BHP Group offers potential value to investors as a cheap and …
Monthly Archives For August 2023
Crypto exchange HashKey bags licence update to serve retail users
Cryptocurrency exchange HashKey on Thursday said it will begin offering its services to retail users in Hong Kong, becoming the first licensed crypto trading exchange in the city to do so.
U.S. Business Confidence in China Is Rising, Survey Finds
Among the 185 companies in the survey conducted by the American Chamber of Commerce in South China between May and June, 92% said they somewhat or fully recovered from the pandemic, and 49% said they…
What to make of a surprise shake-up in China’s nuclear force
The downfall of General Li Yuchao, the commander of China’s Rocket Force, and its political commissar, General Xu Zhongbo, touches Mr Xi more directly. He put them in charge of China’s land-based nuclear and conventional…
Forget Trump’s indictments. We should be worried about China’s man-bear hybrids.
Former President Donald Trump might be getting indicted every other day or so, but there’s a more pressing issue we’re missing: Chinese man-bears.
Japan’s Kao stops making diapers in China as parents pick local brands
TOKYO — Japanese personal care group Kao ended production of disposable diapers in China on Thursday, the company said, after losing market share to local rivals. Production was discontinued at the …
China’s housing market is so bad people are rushing to the US to buy a home
Chinese buyers spent $13.6 billion on US residential real estate in the year ending March 2023, the National Association of Realtors found.
What’s next for China’s digital currency?
China’s government has struggled to find uses for e-CNY inside of China. Now, it’s hoping to use it to challenge the US-dominated international financial system.
China’s Xi Jinping purges nuclear missile command amid alleged corruption probe
Reports indicate the former commander and deputies of China’s Rocket Force took advantage of their position for monetary gain, while others accuse Xi Jinping of a loyalty purge.
Ukraine imposes duties on metal imports from China
Kyiv has introduced additional anti-dumping duties on imports of metal wire and rolled steel from China, Ukraine’s Intertestamental Commission on International Trade announced on Aug. 2. The duties …
China’s manufacturing, services data in July: 4 takeaways as pressure intensified, activity cooled
Official manufacturing purchasing managers’ index remained in contraction for a fourth straight month, while Caixin/S&P Global gauge suffered first decline since April Official non-manufacturing PMI …
U.S. Still Sending Foreign Aid to Russia and China, Figures Show
America is committed to sending $350,000 in overseas aid to Russia and China this year, despite soaring geopolitical tensions.
Ukraine’s Saudi-Hosted Peace Summit Gets China Boost, With Russia Excluded
Kyiv is hoping to build support for President Volodymyr Zelensky’s 10-point plan that demands full Russian withdrawal.
