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Monthly Archives For December 2023
Once-Hot China REITs Get Slammed as Property Slump Dents Demand
A double whammy of China’s deepening property crisis and a stock market slump has claimed a victim — real estate investment trusts.
China property market expects glad tidings in 2024
Real-estate experts anticipate 2024 to be a pivotal year with fresh measures expected to resolve industry risks, reshape the realty development framework and facilitate stable economic development.
Korean crypto firm raises $140M, China’s $1.4T AI sector, Huobi battle: Asia Express
Korean crypto firm pulls off the biggest raise in Asia this year, AI market in China is now worth $1.4T, and Huobi trademark court battle.
Asian IPO Market Seen Brighter in 2024 but Elections Cast Shadows
China is set to be the world’s busiest IPO market in 2023 for the second year in a row, despite a 35% drop in the value of IPOs to $37.3 billion so far this year…
Amazon courts sellers at China summit as Temu and Shein gain momentum
Amazon hosted a summit for sellers based in China this week and announced a new “innovation center” in Shenzhen …
China wants to build ‘first-class’ investment banks – but isn’t telling the industry how
China’s leadership has called for the construction of ‘first-class’ investment institutions, but those in leading firms aren’t sure what meeting that goal will entail, or how to overcome the many …
Nikki Haley highlights differences with Trump on China, fentanyl, national debt
Former U.N. Ambassador Nikki Haley sought to draw a distinction between her and Republican frontrunner Donald Trump on Thursday in an interview with ABC News.
Janet Yellen still striving to mend US-China relationship
U.S. Treasury Secretary Janet Yellen is choreographing a careful yet forward-moving approach towards managing the US-China relationship in the coming year. Her strategy, outlined during a recent event …
China’s carmakers need to design electric cars twice as fast as established companies if they want to survive the country’s cutthroat EV market
China’s EV market is mired in fierce competition between … But we are not the decider,” he said. Learn more about all things crypto with short, easy-to-read lesson cards. Click here for Fortune’s …
Federal agents seize $18M worth of illegal e-cigarettes from China
Federal agents recently seized about 1.4 million unauthorized e-cigarettes products from the Chinese manufacturer of popular brand Elf Bar, the Food and Drug Administration (FDA) and U.S. Customs …
China’s money supply had a dismal November, as private-sector struggles and housing woes suppressed investment
A key gauge of economic vigour could reflect ‘a weaker willingness among the private sector to invest, and a similarly depressed housing market’, and it’s not making Beijing’s stability plans any …
China’s Xi Jinping urges ‘to the letter’ compliance as economic recovery remains top concern
The president, during a speech at a major economic conference, has stressed the need to ‘comprehensively’ carry out instructions and act ‘vigorously’ to aid in the country’s economic recovery.
