Crypto inflows rose to $2.4 billion in the latest week … Emerging-market stocks saw their first outflow since November, down $1 billion, driven by a $1.6 billion shift out of China-exposed funds, …
Monthly Archives For March 2024
Investors snap up ‘Magnificent 7’ tech stocks and crypto – BofA
Crypto inflows rose to $2.4 billion in the latest week … driven by a $1.6 billion shift out of China-exposed funds, which was the biggest outflow since October, BofA said. Chinese equities staged a …
China Mobile and stc team up for IoT connectivity in Saudi Arabia
China Mobile International (CMI) announced at Mobile World Congress 2024 that it has struck an alliance with stc Group to advance deployment and implementation of IoT connectivity services for …
China-US team creates world’s strongest titanium alloy with 3D printing technology in ‘significant breakthrough’
Researchers develop process that could open the way for an expansion in the technology’s applications While the work is still at an experimental stage, it already has ‘great application prospects’, a …
China names the spacecraft that will put its astronauts on the moon (video)
The China Aerospace Science and Technology Corporation (CASC), the country’s state-owned main space contractor, is designing and building the spacecraft and lander. CASC is also building a new rocket, …
China expands state secrets law as foreign firms feel the chill
Analysts say the move will further diminish confidence from the foreign business and investor community at a time when China’s economy is faltering.
U.S. to investigate national security risks posed by Chinese connected vehicle technology
The U.S. has launched a regulatory process to gather information from industry stakeholders as it considers potential rules or other actions that govern the use of certain information and …
China-made smart cars draw scrutiny; IRS targets rich ‘non-filers’; Oprah exiting WW
The probe could lead to new regulations aimed at preventing China from using sophisticated technology in electric cars and other so-called connected vehicles to track drivers and their personal …
US Opens Probe Into Chinese Smart Cars, Auto Technology on National Security Concerns
The Biden administration said the Commerce Department will launch an investigation into connected vehicles made with Chinese technology that may be able to access sensitive data, citing national …
FOCUS | China’s Hengqin lifts tariffs for most imports from Macao
The island of Hengqin in south China Guangdong Province started a new customs operation on Friday that allows most goods to be moved there tax-free fr …
China Banks Approve $28 Billion Loans for Ailing Property Market
China’s housing ministry said more than 200 billion yuan ($28 billion) of bank loans have been approved for property projects, the latest indication that lenders are heeding the government’s push to …
How China can rescue itself and restore confidence, according to a UBS economist
“Its success will depend on timely action, policy co-ordination and political will,” UBS’ chief China economist Tao Wang wrote for Financial Times.
What’s Wrong With China’s Economy, in Eight Charts
China’s economy is at a turning point. An old economic model underpinned by heavy investment in infrastructure and real estate is crumbling. Growth is slowing and prices are falling, raising the …