India’s $4 trillion stock market is pulling in billions of dollars of domestic and foreign money as investors flock to a fast-growing alternative to China, brushing aside risks around overpriced shares,
Monthly Archives For February 2024
House calls for DICT briefing on gov’t websites attacked by China-based hackers
The House of Representatives has asked the Department of Information and Communications Technology to hold an immediate briefing on recent cybersecurity breaches by China-based hackers on government …
Insight: China bets on open-source chips as US export controls mount
When a Beijing-based military institute in September published a patent for a new high-performance chip, it offered a glimpse of China’s bid to remake the half-trillion dollar global chip market and …
China’s battery swapping technology could help rescue U.S. EV revolution: report
BEIJING, Feb. 5 (Xinhua) — Battery swapping is taking off in China, and it could help rescue the EV revolution in the United States, U.S. media outlet Business Insider has reported. America’s EV …
China’s central bank adds liquidity via reverse repos, RRR cut
China central bank conducted 100 billion yuan about 14 billion US dollars of 14-day reverse repos at an interest rate of 195 percent Monday The …
Australian writer Yang Hengjun sentenced by Beijing court -friend
A Beijing court on Monday handed Australian writer Yang Hengjun a suspended death sentence, a family friend said, five years after he was first detained in China and three years after a closed-door …
Trump praises Xi, while raising prospect of higher tariffs on Chinese imports
Donald Trump once again heaped praise on Chinese President Xi Jinping on Sunday but threatened to escalate economic tensions with China by hiking tariffs on Chinese imports by more than 60 percent if …
China’s tumbling prices push some exporters to the brink
As China’s central bank unleashes liquidity into the financial system to spur growth, banks are chasing factories with cheap loan offers. But squeezed out by bigger rivals, smaller firms are unwilling …
China’s Services Sector Expands, Private Survey Shows
A private gauge of China’s services activity expanded in January, likely helped by a boost from public holidays.
China services activity grows slightly below expectations in Jan- Caixin PMI
Investing.com– Chinese service sector activity grew less than expected in January, a private survey showed on Monday, with the pace of growth slowing slightly from December amid persistent headwinds …
Australian Yang Hengjun handed suspended death sentence by Beijing court
Australian writer Yang Hengjun, jailed in Beijing for five years on espionage charges, has been handed a suspended death sentence by a Beijing court, according to a family friend.
China bets on open-source chips as US export controls mount
When a Beijing-based military institute in September published a patent for a new high-performance chip, it offered a glimpse of China’s bid to remake the half-trillion dollar global chip market and withstand U.
China Stocks Languish Despite Renewed Vow to Stabilize Markets
Chinese stocks fell, adding to last week’s rout, as investors assessed the latest pledge by policymakers to stabilize the slumping market.