Huawei is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone’s throw away from Apple shops, as it seeks to retake the premium electronics throne in …
Monthly Archives For May 2024
China central bank leaves key policy rate unchanged, matching forecast
China’s central bank left a key policy rate unchanged when rolling over maturing medium-term loans on Wednesday, in line with market expectations.
CHINA MOBILE, CHINA UNICOM Response: No Sale of Users’ Personal Information
The investigation found that two platforms, naming Tankecha and Lixiaoyun, sold a large amount of personal information of entrepreneurs, including billionaires like Zhong Shanshan, Nongfu Spring’s …
Rail gun fails test: China fires smart bomb into stratosphere at Mach 5 speed
China’s PLAN tested an electromagnetic railgun by launching a smart bomb into the stratosphere at Mach 5+, but it failed.
China’s economy reveals pockets of softness. Here’s what to watch ahead of Friday’s data
As China’s economy moves into the second quarter of the year, a few indicators are raising expectations for monetary policy easing.
China’s international students under pressure as economic uncertainty looms
A growing number of overseas Chinese students are running into financial difficulties due to the declining wealth of their families back home.
Beijing Sifang AutomationLtd And Two Other High Yield Dividend Stocks
In this context, exploring high-yield dividend stocks such as Beijing Sifang Automation Ltd could be particularly compelling for investors looking to capitalize on China’s economic momentum. Name Dividend Yield Dividend Rating Shandong Wit Dyne HealthLtd…
Biden rolls out new China tariffs, vows US will ‘never allow’ Beijing to ‘unfairly control’ EV market
President Biden has announced that his administration is deploying new tariffs against China in sectors including electric vehicles, steel and semiconductors.
COVID-19 whistleblower’s status unknown after 4-year prison term
Chinese citizen journalist Zhang Zhan was expected to be released on May 13 after spending four years behind bars for documenting the early days of the COVID-19 outbreak, but her current status …
China tariffs will boost national security: Century Aluminum CEO
The Biden Administration’s decision to impose tariffs on $18 billion worth of Chinese goods across various sectors, including aluminum and steel, has sparked discussions about the potential benefits for domestic manufacturers.
New tariffs on China, meme rally, Walmart layoffs: Morning Brief
Yahoo Finance’s Jennifer Schonberger analyzes the sectors most likely to be impacted. Meme stocks like GameStop (GME) continue to soar in a second-day rally following the online return of user “Roaring Kitty” on X (formerly…
What Biden’s tariffs on Chinese imports may mean for American jobs, the economy and inflation
Seven years later, when President Barack Obama increased tariffs on tires imported from China, the initiative was credited with saving about 1,200 jobs in the US tire manufacturing industry, but came at a $1.1 billion…
Beijing ‘prepared for rainy days’ if Donald Trump is re-elected, academic says
China should also ‘prepare for the worst’ but ‘do its best’ in response to further trade and tech frictions, Yang Jiemian tells summit in Hong Kong.