China’s ruling Communist Party vowed to explore new measures to tackle a protracted housing crisis, which remains the biggest drag on the nation’s economy, and hinted at possible rate cuts ahead.Most Read from BloombergTesla Soars…
Monthly Archives For May 2024
China tensions rise to the surface as HSBC seeks its next boss
HSBC chief executive Noel Quinn and chairman Mark Tucker were in an unusually jovial mood in the early hours of Tuesday morning. Rather than focusing on Quinn’s unexpected departure after five years …
China tensions bubble up as HSBC seeks its next boss
Several internal candidates are already in the frame, including finance chief Georges Elhedery. But the shake-up is likely to reignite the long-running debate over whether HSBC needs to pivot away …
Crypto regulation bills advance out of House committee
As a House committee took up two crypto bills — co-sponsored by the same senators that pushed through the law last year they’re now trying to fix — one lawmaker summed it up: “This is…
Chinese scientist who published COVID-19 virus sequence allowed back in his lab after sit-in protest
Zhang Yongzhen had been staging a sit-in protest outside his lab since the weekend after he and his team were suddenly notified they had to leave their lab.
China: Scientist behind first Chinese COVID-19 vaccine expelled from Parliament for corruption
Using a widely used euphemism for corruption, the National People’s Congress (NPC) said in an official statement on Friday that Yang Xiaoming had been dismissed from his position as a delegate of the
Highway collapse in China’s southern Guangdong province leaves at least 19 dead, state media says
Chinese state broadcaster CCTV says that a section of a highway collapsed in southern China, killing at least 19 people
Tesla’s plans to launch full self-driving tech in China could add $2 billion in earnings by 2030 and boost its stock
“Competition is increasing from domestic manufacturers and FSD will help TSLA catch up to, and potentially exceed, other EV offerings on the market.”
Beijing Braces for a Rematch of Trump vs. China
Officials are preparing for the potential of more turbulent U.S. relations and another trade war should Trump get re-elected.
China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere
More capable autonomous driving is just one way Chinese automakers are threatening to pull ahead — their E.V.s are also becoming bigger and roomier.
China Hints at New Growth Push as it Warns of Rising Uncertainties
The campaign to rekindle flagging growth is a fresh sign of rising angst over the economy at the very top of China’s government.
This Chinese virologist shared crucial Covid-19 data. Then his research hit hurdles
Scientist was lauded for his 2020 disclosure, but in the years since, people who know him say he has faced unprecedented roadblocks in his career in China.
G7 urges China and others to help climate finance: ‘join us in this direction’
G7 ministers said on Tuesday that efforts to raise money to help poorer countries adapt to climate change should include countries “capable of contributing”, in a message aimed at China.
