China has the confidence, conditions and capabilities to maintain financial security, Li Yunze, head of the National Financial Regulatory Administration, said Monday.
Monthly Archives For March 2024
China’s EV Exports Soar Despite Domestic Sales Slowdown
China’s electric vehicle (EV) market is experiencing a slowdown in battery electric vehicle (BEV) sales, leading to significant price cuts by market leader BYD, amid a growing preference for hybrids …
The import-heavy US economy has started the planning for potential Trump win, new China tariffs
Shipping companies are sending more trade through Mexico in a global logistics shift likely to increase in a second Trump presidency with more China tariffs.
U.S. curbs on China to rise as ‘decoupling is really in full force,’ expert warns, amid possible TikTok ban
The U.S. has been ramping up pressure on Chinese companies in recent years, especially in the semiconductor, EV and biotech sectors.
Tighter control and high-tech push: Key takeaways from China’s biggest annual political event
As China grapples with a struggling economy and an intensifying tech war with the United States, its leaders had one message for the thousands of political elites gathering in Beijing: despite the …
He was once hailed as the pride of China. Now nationalists are coming for this Nobel laureate
They’ve gone after bloggers, journalists, artists, comedians and celebrity chefs. Now, some of China’s most zealous online nationalists have a new target in their crosshairs: the country’s first …
China’s New Directive: Insolvent Property Giants to Face Bankruptcy Amid Sector Shake-Up
Amid economic tremors within China’s real estate sector, once a pivotal engine of national growth, authorities have drawn a firm line in the sand: insolvent property developers must face bankruptcy if …
US State Department requests $4 billion to outcompete China
The United States must employ “all the tools at our disposal” to outcompete China, a top U.S. State Department official said on Monday, as the Biden administration unveiled its budget request for the …
South Korean bankers misrepresented risky China-linked notes to retirees, financial watchdog says
The announcement follows a months-long investigation by the FSS into some of the nation’s most prominent retail lender and brokerages.
Chinese scientists warn crippling red tape, restrictions risk balking Beijing’s bid to create ‘new productive forces’
China’s minister of science and technology vows to free young talent from tedious tasks that impede innovation, in line with Xi’s push for tech self-sufficiency.
AI gives Russia, China new tools to sow division in the U.S., undermine America’s image, intel agencies say
Beijing is “moving closer to Moscow’s playbook,” said the intelligence community’s annual threat assessment, and may attempt to influence the 2024 election.
China’s valuations are ‘way too low,’ strategist says — here’s why
Valuations of Chinese stocks are “way too low,” according to Shaun Rein, founder and managing director of the China Market Research Group.
‘China is our boss!’ Donald Trump brands the US a ‘subsidiary’ of Beijing
Trump has claimed that China is “the boss” of the United States and has accused the country of being a “subsidiary” of China.
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