SoftBank Group’s Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market …
Monthly Archives For September 2023
Mortgage Rates Slashed As Beijing Joins Cities Cutting Purchase Restrictions, Week In Review
Beijing joined the growing list of cities … Mainland-listed real estate stocks jumped +2.5% overnight. The People’s Bank of China (PBOC), China’s central bank, lowered the foreign exchange deposit …
The Blockchain Revolution In Cross-Border Transactions
The opportunity to resolve the issue of third-party verification and trust in international trade transactions lies in blockchain technology. The characteristics of the blockchain, specifically …
BYD, China’s Tesla, Is Coming for the World
Now they have to face competition on their home turf from Chinese rivals such as BYD, and it could be brutal. BYD’s cost leadership will give it a leg up in the EV transition race.…
Why China, Russia, and North Korea Joining Forces in the Indo-Pacific Isn’t a Prelude to War
Experts say it would primarily be a diplomatic signaling of a counter-alliance in the Indo-Pacific to the recently revitalized U.S.-South Korea-Japan partnership.
The Global Fallout If China’s Growth Rate Is Halved
The potential impact on the global economy should not be dismissed, considering that China along with the U.S. have been the primary engines of global growth.
China’s Country Garden dodges another default in relief for property sector
China’s Country Garden made interest payments on U.S. dollar bonds hours ahead of a grace period deadline, a person close to the firm said, pulling back from the brink of default for the second time…
Country Garden makes dollar debt payments in relief for China property sector
Country Garden made interest payments on U.S. dollar bonds hours ahead of a grace period deadline, a person close to the firm said, pulling from the brink of default for the second time in four…
Why China Is Avoiding Using ‘Bazooka’ to Spur Economy
China has taken a series of incremental steps to boost its economy after a run of disappointing data showed the government is increasingly at risk of missing its growth target of about 5% for this…
China is reportedly spending big to boost its production of chips for AI and smartphones after the US cracked down on exports
China is planning a huge new investment fund to boost its semiconductor industry as a global race for dominance in the sector escalates, per Reuters.
‘Approval Is Inevitable’—SEC Insider Primes Crypto Market For $15 Trillion Bitcoin, Ethereum And XRP Price ETF Game-Changer
Former U.S. Securities and Exchange Commission (SEC) chair Jay Clayton has said eventual approval of a spot bitcoin exchange-traded fund (ETF) is …
‘Disturbing’ California biolab shrouded in mystery as China links emerge
A controversial California biolab was shut down and an investigation began after cultures of HIV, COVID-19 and more were discovered amid concerns of Chinese ties.
CS hails plans for Shenzhen side of joint IT park
Chief Secretary Eric Chan on Tuesday welcomed Beijing’s plans to boost the development of a joint innovation and technological cooperation zone in …
