A recent Reuters report quoted market analysts as saying that China’s ore imports this year may touch an all-time high
Monthly Archives For May 2024
Exclusive: Nvidia cuts China prices in Huawei chip fight, sources say
Nvidia’s most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below a rival chip from Chinese tech giant Huawei,…
Export sales mostly up on week
U.S. pork export sales bounced back during the week ending May 16th. The USDA says pork sales showed a solid improvement from the previous week’s marketing year low thanks to solid demand from Mexico and…
Is China’s Economy Facing Its Own ‘Lost Decades’?
A real-estate slump and decelerating growth have led many to compare the world’s second-largest economy with Japan as it entered the 1990s.
The Rise of Green Finance in China’s Economic Strategy
China’s economic plan is moving towards green finance. In the past years, this country has shown more consciousness about environmental sustainability and issues connected to climate change. The …
China’s New Sovereign Bond Prices Go Haywire Amid Search for Safe Assets
The price of China’s new 30-year sovereign bonds has whipsawed since their recent debut, as small investors pile into a bet seen as safer than the country’s property and equities markets.
China made so many solar panels that even its own grid can’t support all the energy produced
China doesn’t have enough storage or transmission capacity for all the solar energy it’s producing, per Reuters.
JPMorgan is ‘positive’ on China stocks and ‘constructive’ on real estate as Beijing props up markets
JPMorgan is “positive” on China stocks and “constructive” on its real estate sector as the world’s second-largest economy strives to prop up its equity and property markets.
Hobbs’ Veto of China’s Organ-Harvesting Bill Spurs Questions
Arizona Gov. Katie Hobbs has remained mum about her recent veto of legislation aimed at curbing Chinas gruesome forced organ-harvesting trade, which
Chat Xi PT? China’s Chatbot Makes Sure It’s a Good Comrade
In China, where AI developers work under strict regulations, a new chatbot has been trained on texts that include leader Xi Jinping’s signature political philosophy.
Jakarta’s ties with Beijing could be tested by South China Sea clashes, think tank warns
Whether Indonesia can maintain friendship with China amid ‘dramatic geopolitical changes’ will require ‘superb political wisdom’, Beijing-based foreign policy group says.
China state stockpiler aims to buy up to 15,000 T of cobalt, sources say
The planned purchase would be a big increase as industry sources say China’s state stockpiler – the National Food and Strategic Reserves Administration – bought 8,700 tons of cobalt metal last year. China dominates the…
China’s exporters, eager for Russia foothold, tread lightly to avoid financial bear trap
Though the Russian market is an appealing one for Chinese exporters, Western sanctions are making payment processing a challenge as delays mount and few avenues for financial transactions remain.
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