UBS Group AG has agreed to sell the majority of its stake in Credit Suisse’s China venture to a Beijing-backed fund, dealing a blow to the ambitions of Ken Griffin’s Citadel Securities to expand in…
Monthly Archives For June 2024
CHINA-BEIJING-PENG LIYUAN-WIFE OF POLISH PRESIDENT-NCPA-VISIT (CN)
Peng Liyuan wife of Chinese President Xi Jinping and Agata Kornhauser-Duda wife of Polish President Andrzej Duda …
China’s Xi meets Poland’s Duda in Beijing
Chinese President Xi welcomes Polish President Duda, marking 75 years of diplomatic relations:: Beijing, China::During bilateral talks between the two leaders, Xi praised the contribution both nations …
China warns the U.S. it’s ready to fight back against restrictions on tech investments
China says it’s opposed to proposed American investment restrictions on its tech industry — and that it reserves the right to take action against the measures.
China, E.U. are open to talks on plans to hike tariffs on Chinese EVs
China and the European Union are open to holding talks on the E.U.’s recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles, officials from both sides say. China’s …
Property Manager ESR Group’s China REIT Wins Approval For $340 Million IPO
ESR Group, Asia’s largest real estate fund manager by asset under management, announced Monday that China’s securities regulator approved … ESR, the sponsor of ESR C-REIT, will subscribe to a 34% …
China’s Millionaires Are Leaving the Country
“China is again on track to be the biggest millionaire loser globally, with an anticipated net exit of 15,200 [high-net-worth individuals, or millionaires] this year,” said a report published June 18 …
China Mobile has half a billion 5G customers
Those half a billion customers all used 5G infrastructure within the past month, China Mobile said. It goes without saying that that’s a huge figure. And even within the context of the massive Chinese …
China’s national pension insurer introduces foreign investor as financial opening-up picks up speed
Analysts said that foreign financial institutions and patient capital continue to hike investment in China’s pension finance market, indicating their confidence in the country’s long-term economic …
Exclusive: China’s ByteDance working with Broadcom to develop advanced AI chip
China’s ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok’s owner secure sufficient supply of high-end chips…
China, EU agree to hold talks on EV tariffs
China and the European Union have agreed to discuss tariffs on electric vehicles (EVs). The EU previously threatened tariffs of up to 38% on Chinese EV imports. Yahoo Finance Pras Subramanian joins …
Enemy within? China is buying land around American military bases
China’s proximity to military bases within the US, including a nuclear missile base in Wyoming, raises national security concerns. The US government blocked a Chinese-backed cryptocurrency mining firm …
China’s LNG imports set to slow
China appears to have taken advantage of low prices in the spot market so far in 2024 to boost the amount of gas in storage, absorbing some of the extra fuel that would otherwise have…
