As companies begin their nearshoring efforts, they will need to develop strong relationships with the right cross-border partners to ensure success. The post Mexico offers attractive alternative for …
Monthly Archives For February 2024
China Starts the Lunar New Year With an Economic Hangover
ChinaFile: China Starts With an Economic Hangover Create an FP account to save articles to read later and in the FP mobile app. Sign Up ALREADY AN FP SUBSCRIBER? LOGIN Print Archive See All Foreign…
China Bank nets record P22 billion
MANILA, Philippines — Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 15 percent to hit an all-time high of P22 billion in 2023. “Our strong growth in 2023 …
US could lose strategic Pacific islands to China over blocked funding
United States defence officials have warned the US may lose ground to China if it does not grant funding to vital island nations used by the military in the Pacific.It comes after the leaders of…
Nvidia Has Developed Alternative Data Center Products for the China Market That Don’t Require a License to Export
On the AI chip leader’s recent earnings call, management discussed a topic that investors should know about: Nvidia’s data center platform’s sales to China.
China’s Jan gold imports via HK gallop to 6-year highs on festive spirit
China’s monthly net gold imports via Hong Kong surged 51% in January to their highest since mid-2018, official data showed on Tuesday, as customers amassed the precious metal in preparation for the …
China Stock Market Surges as AI Firms Lead Rally
China stock market gains 1.3% driven by AI sector surge. Investors anticipate policy moves amid upcoming National People’s Congress meeting.
Alibaba Leads Record Deal to Mint $2.5 Billion China AI Firm
Alibaba previously joined a $300 million-plus round for Zhipu in 2023 alongside longtime rival Tencent. The company is trying to revive the cloud business and integrate AI and its inhouse model — …
Beijing sees alarming spike in Covid cases following Chinese New Year
Beijing is witnessing a notable increase in COVID-19 cases, as reported by the Epoch Times, known for its critical stance against the Chinese Communist Party. According to the Epoch Times, health …
China Market Update: Li Auto & AI Stocks Open The Nitrous Oxide
Southbound Stock Connect volumes were high as Mainland investors bought $169mm of Hong Kong stocks and ETFs with CNOOC, Li Auto, and SMIC moderate/light buys while Tencent was a moderate sell, Meituan …
China’s Economic Gloom Scares Away Foreign Investors, Data Shows
China, a mecca for foreign investment just a few years ago … “On the one hand, they say, ‘We’re open for business. We want American, Japanese businesses here. But, on the other hand, they’ve raided…
Top Beijing official urges Hong Kong youth to seize opportunities available, again stresses central government’s support for city
Xia Baolong, director of Hong Kong and Macau Affairs Office, visits West Kowloon Cultural District on second last day of his trip and holds discussions with youngsters He also tours Palace Museum, …
Why Washington Should Side with Argentina’s Milei Against Beijing
Now that Milei is in office, that policy promises a dramatic reordering of Argentina’s international relations, raises the possibility of an economically devastating diplomatic clash between Buenos …
