Asian equities rebounded overnight, as Taiwan returned from holiday in good spirits, jumping +3%, led by an analyst upgrade of Taiwan Semiconductor Manufacturing Company (TSMC).
Monthly Archives For February 2024
Asean-China pact ramps up exports
The Asean-China Free Trade Agreement (ACFTA) has significantly boosted Thai exports to China, particularly processed sugar items such as syrup, artificial honey and various sweeteners.
Hong Kong residents, businesses slowly waking up to Greater Bay Area’s potential – but more needs to be done, say experts and politicians
More Hongkongers are visiting, working, living across the border as Beijing blueprint for region takes shape Anti-government protests in 2019, Covid-19 pandemic among reasons city did not take full …
China Set to Bide Time on Rate Cut Until Yuan, Data Stabilize
China’s central bank is poised to keep cash conditions and monetary policy broadly stable as policymakers focus on a weakening currency.
Exporting Autocracy
CSIS Americas director Ryan C. Berg and Henry Ziemer analyze China’s role in democratic backsliding across Latin America and the Caribbean and outline a series of recommendations for the United States …
US senator Marco Rubio urges SEC to block Shein IPO unless China operating risk disclosed
Republican Senator Marco Rubio asked the US Securities and Exchange Commission to block Shein’s bid to list publicly in New York unless the e-tailer …
Whisky takes a shot at China’s Baiju-ruled market
Its Alcohol-By-Volume (ABV) can top 60% – in comparison spirits like scotch whisky and tequila typically have an ABV of around 40%. “Baijiu certainly still has its place in Chinese liquor consumption, …
PH Coast Guard comes under 2nd cyberattack this month
Unknown hackers attacked the X (formerly Twitter) account of the Coast Guard (PCG) early Thursday morning, wiping out its entire page content since it was put up in 2013, including its …
Ford CEO, who’s been worrying about China’s EV dominance for years, says ‘the world has changed’ and he’d work with rivals on a cheaper battery
Jim Farley has a Tesla veteran heading up a Ford “skunkworks” team to develop low-cost EVs, but he’s open to cooperation with rivals on batteries.
China’s population predicted to drop by 60% by century’s end
The Shanghai Academy of Social Sciences (SASS) has predicted China’s population will have dropped by 60% by the end of the century. Population drop: China, which currently holds the world’s …
China eyes May 2024 launch for 1st-ever lunar sample-return mission to moon’s far side
Chang’e-6 is expected to launch in May 2024 and touch down on the moon’s far side to collect samples of lunar material to be returned to Earth for study.
GM CEO Sees Pivot to Luxury as Antidote to China Profit Slump
General Motors Co. is mulling a shift from mainstream models in China by focusing primarily on luxury vehicles as it struggles to bounce back from years of declining sales and profits in the world’s …
Leaving China, long-time EU trade group chief says investors remain keen, but with more reservations
Joerg Wuttke, president emeritus of the European Union Chamber of Commerce in China, is departing after four decades in the country Multinationals still want to invest, he says, but obstacles include …
