Diplomats of the two countries gather for first time in years to discuss border stability and cross-border fraud as Beijing quietly steps up engagement with military rulers in its Southeast Asian …
Monthly Archives For August 2023
China’s factory activity shrinks for a fifth straight month in August
China’s factory activity in August shrank for a fifth straight month, while non-manufacturing activity hit another low for the year.
Baidu gets China’s green light to release its ChatGPT-like Ernie bot to the public
ChatGPT isn’t officially allowed in China, where access to Google and Facebook is blocked. Despite that level of control, China’s top leaders have made high-profile comments about the need to develop domestic technology, with specific…
China’s Chongqing to remove marriage requirement for maternity benefits
Chongqing, a sprawling municipality in southwest China, announced this week that insured residents no longer need to provide marriage certificates to get maternity benefits, the most recent move to encourage women to have children.
Investors are getting bearish on China — but see other upside opportunities in Asia
Although China’s slowing economy is reducing confidence in global growth, some investors see other promising investment opportunities elsewhere in Asia.
From Dependency to Independence: China’s Pursuit of Homegrown HBM Technology
China aims to produce its own high-bandwidth memory chips for AI, reducing dependency on NVIDIA and navigating U.S. sanctions.
UBS says this is how to play China right now — and shares its top stock picks
Analysts at the bank say “Chinese equities remain most preferred within our Asia strategy” and share how to play a volatile Chinese market in the short term.
FirstFT: Country Garden reveals $7bn loss as China’s property sector turmoil grows
Also in today’s newsletter, US warns of ‘advancing’ Russia-North Korea arms talks and Gina Raimondo hails ‘new approach’ to handling China business frictions …
Beijing Makes Another Economic Blunder
Beijing’s efforts to hide bad news will only create more embarrassment and impede efforts to recover economic momentum.
Marketmind: China PMIs round off bruising month
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Investors await a deluge of top-tier Asian economic indicators on Thursday, including the latest official Chinese purchasing managers index reports,
Is China’s economy ‘a ticking time bomb’?
The past six months has brought a stream of bad news for China’s economy: slow growth, record youth unemployment, low foreign investment, weak exports and currency, and a property sector in crisis. US President Joe…
Freefall: Elevator suddenly takes plunge in China apartment building, injuring three people
An elevator at an apartment building in China plunged on Aug. 26, sending three people to a local hospital, according to Chinese state media.
Raimondo’s China Tour Offers Glimmer of Hope to Battered U.S. Businesses
SHANGHAI—Commerce Secretary Gina Raimondo’s China trip that ended Wednesday marked the resumption of economic and commercial dialogue between Washington and Beijing, offering a glimmer of hope among U.
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