A look at the day ahead in Asian markets. Interest rate decisions in New Zealand and Thailand are the main events for Asian markets on Wednesday along with Chinese bank lending figures, as investors …
Monthly Archives For April 2024
China is flooding the market with cars that are just stacking up at ports
According to a report by the Financial Times, auto imports are piling up at European ports, with some officials going as far as calling them “car parks,” as automakers and distributers navigate a …
Fifteen agencies were aware of controversial EcoHealth coronavirus research, Rand Paul says
The project ultimately was not funded, but EcoHealth Alliance-funded research in Wuhan, China, has been at the center of speculation on the part of congressional investigators about the origins of the …
Expect More Joint South China Sea Patrols, US Says Ahead of Summits With Allies
“On the naval patrols, we just saw trilateral plus Australia, a new form of quadrilateral joint naval patrols last week, so you can expect to see more of that in the future,” Sullivan told a…
China’s overcapacity is here to stay
China’s factories will keep chugging along, regardless of what overseas officials like Janet Yellen say. On Monday the U.S. Treasury Secretary was the latest to warn Beijing not to hobble Western …
China will confront the dreaded middle-income trap this decade
Lofty statements and mantras about reforms and attracting foreign investment mean little. What matters are the actual policies that China pursues. Whether it can regain its past growth trajectory is …
Visits from Japanese and Filipino leaders highlight Biden’s efforts to blunt China’s aggression
President Joe Biden will host the first-ever leaders’ summit between the US, Japan and the Philippines this week, the latest attempt to draw Pacific allies and partners closer as the region grapples …
China Allows 100% Auto Finance Deals; Carmakers’ Shares Rise
Financial institutions can decide the loan ratio for self-use fuel and new energy cars based on borrowers’ credit and repayment ability, with the maximum ratio rising to up to 100 percent from 80 and …
China Market Update: Growth Stocks Higher, Why Boss Hog Owns China’s CPI
Asian equities were mixed overnight on light volumes in advance of US inflation data tomorrow, with Indonesia, Malaysia, and the Philippines closed for holiday.
China’s IPOs drop in Q1 by 56% y-o-y, as nation steps up regulation to enhance quality of listed firms
The number of A-share IPOs has fallen significantly so far this year, with none available for subscription this week, and issue prices have become more reasonable, indicating a steady rise in market …
Mitch McConnell Calls TikTok One Of ‘Beijing’s Favorite Tools Of Espionage’
The House last month passed a bill that would require ByteDance to sell the platform within six months or risk it being banned nationwide.
Extreme tariffs on Chinese imports could hurt the U.S. more than China
Currently, total U.S. imports of goods and services from China exceed exports by a ratio of 2.8 to 1. To narrow this gap, the U.S. should require licenses to import from China, limit those to…
Crypto Scandal: Terraform Labs Co-Founder Loses SEC Lawsuit
Do Kwon, the CEO of Terraform LabsLoses a civil lawsuit filed by the SECHigh possibility of extradition to the U.S. On the 5th, a Manhattan jury found that Terraform Labs and its co-founder Do Kwon…
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