The transition to green energy is “an opportunity for the nation to raise the global standing of the renminbi in commodities markets.” …
Monthly Archives For January 2024
Why America’s controls on sales of AI tech to China are so leaky
The current export controls do nothing to curb China’s dominance of this business, which uses a lot of older American technology. Three congressional Republicans, Mike Gallagher, Elise Stefanik and …
Marketmind: China rate decision set to disappoint
A look at the day ahead in Asian markets. An interest rate decision in China kicks off the week in Asia on Monday with investors hoping – forlornly, perhaps – that the central bank will…
Blinken departs for West Africa as Russia and China look to leverage their influence
US Secretary of State Antony Blinken departs for a four-nation trip to Africa on Sunday as the Biden administration seeks to prove the US is a key partner on a continent where China and Russia…
China remains Israel’s largest source of imports in 2023
JERUSALEM, Jan. 21 (Xinhua) — China kept its position as Israel’s largest source of commodity imports for the fourth consecutive year in 2023, data released by Israel’s Central Bureau of Statistics …
Chinese Premier Courts Global Business Leaders, US Consumer Sentiment On The Rise And More: Top Economics News This Week
As the week closes, a variety of intriguing narratives have unfolded across the business world. From billionaire predictions on the S&P 500 and the year 2024, to China’s burgeoning appeal to foreign …
U.S. and Chinese Authorities Wrap Up Discussion on Financial Matters
U.S. and Chinese officials have concluded their third meeting as part of a working group aimed at fostering cooperation on financial matters. This development reflects a continued effort initiated by …
China continues to lead global growth in 2024 as economists forecast GDP expansion of 5%
Analysts said China’s GDP growth is expected to reach about 5 percent … be highly reliant on Asian economies in 2024,” said a report released at the World Finance Forum (WFF) held in Beijing on…
China’s imports of Australian coal rebound above 50m tons in 2023 as ties thaw
Tangshan Port in north China’s Hebei Province. (Photo: Xinhua) China’s imports of Australian coal recovered to more than 50 million tons in 2023, a big increase from the trivial amount in the previous …
Chinese FM’s trip to Africa highlights Beijing’s ties with Global South
BEIJING: Chinese Foreign Minister Wang Yi’s recent visits to Africa and Latin America, his first overseas trips in 2024, underscore China’s growing emphasis on Global South countries. Chinese experts …
Nvidia CEO’s visit to Beijing, Shanghai and Shenzhen shows importance of Chinese market
Huang also visited Nvidia’s offices in Beijing, Shanghai and Shenzhen in South China’s Guangdong Province last week in a low-key manner. This was Huang’s first visit to the Chinese mainland in several …
China ramps up search for alien life as Beijing attempts to make first contact
China is expanding efforts to be the first nation to discover alien life as Beijing attempts to make first contact with extra-terrestrials.
Gloom Over China Assets Is Spreading Beyond Battered Stocks
While the gloom adds impetus for the People’s Bank of China to lower interest rates, investors say the monetary authority has less room to cut than its major global peers, whose borrowing costs are …
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