Hello Group Inc (NASDAQ: MOMO) reported a second-quarter FY23 net revenue growth of 0.9% year-on-year to $432.7 million, beating the
Monthly Archives For August 2023
US bans Nvidia, AMD AI chips’ export to some Mideast countries, amid China fears
The technological war between the United States and China is heating up, with both countries imposing limits on their prized assets.
Shenzhen’s public piano project a smash — literally
The public piano project in Huaqiangbei was launched by the local government in 2018, inspired by the British artist Luke Jerram, who placed more than 2,000 street pianos in some 70 cities worldwide …
Putin is planning another trip to China, report says, a further sign of his dependence on Xi Jinping
China’s Xi Jinping is one of few world leaders to have kept close ties with the Kremlin amid the invasion of Ukraine.
Vietnam Fisherman Says China Coast Guard Water Cannon Broke Arm
A Chinese coast guard vessel has been caught on camera firing a water cannon at a Vietnamese fishing boat, reportedly injuring its crew members.
India’s April-July finished steel imports from China at five-year high
India’s finished steel imports from China touched a five-year high in the first four months of the fiscal year that began in April, according to provisional government data reviewed by Reuters. During …
How China’s IP firms find opportunities in a slow market
Demand for traditional IP services is falling, but work on emerging technologies and de-risking strategies is on the rise, say sources
How Evergrande’s collapse foreshadowed China’s property crisis
In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay lenders and finance the next real estate…
The next front of China’s economic war is out of this world
This is the reality we are in. China will continue to engage in an aggressive campaign to take over more American industries and dump their way into the U.S. market.
China’s property crisis deepens with 87% value wipeout in developers’ dollar bonds
An 87% value wipeout for Chinese developers’ dollar bonds is symptomatic of the wider crisis facing the nation’s property sector, which has seen 53 companies collapse in about two years.
Country Garden Posts Record Loss, Warns of Default Risk. China’s Property Problems Are Mounting.
The developer said it feels “deeply remorseful for the unsatisfactory performance” and added that it could end up defaulting on its debts.
China’s food security: Xinjiang develops seawater aquafarming in desert region amid agriculture focus
An aquaculture firm in China’s Xinjiang Uygur autonomous region says it has succeeded in a pilot project to develop technology to simulate seawater in its fishery, developing eight seafood products.
China’s Slowdown Is Being Ignored by Global Macro Managers
Global financial markets are showing few signs of fretting over all the negative headlines from China, however discouraging they may seem.