The downturn in China’s residential real estate sector slowed further in June, following the government’s efforts to put a floor under the housing market in some of its biggest cities. The value of …
Monthly Archives For July 2024
Why China’s Central Bank Could Become More Like the Fed
(Bloomberg) — A bold step forward looms in the decades-long reform of how China conducts monetary policy, with Governor Pan Gongsheng leading the central bank to explore changes that would move it …
China’s AI Startups Head to Singapore in a Bid for Global Growth
(Bloomberg) — When Wu Cunsong and Chen Binghui founded their artificial intelligence startup two years ago in Hangzhou, China, they quickly ran into obstacles, including dearth of venture capital.
Once high-flying Chinese chip firm to delist from Shenzhen after financial fraud inquiry
Beijing Zuojiang Technology said that its shares will cease trading in the Shenzhen from July 26 Chinese chip firm Beijing Zuojiang Technology, which once touted its potential to rival Nvidia Corp, …
Space Pioneer says part of rocket crashed in central China
BEIJING, June 30 (Reuters) – Beijing Tianbing Technology Co said on Sunday that the first stage of its Tianlong-3 rocket under development had detached from its launch pad during a test due to …
China’s latest lunar success includes a swipe at America
Greg Autry, the author of “Red Moon Rising,” noticed China’s sly attempt to take a jab at its American rivals with its selection of a landing site. He noted in Forbes that the Apollo crater,…
The People’s Bank of China Is Taking a Stand. Investors Should Keep an Eye on Chinese Stocks.
That, combined with geopolitical tensions and an ongoing U.S.-China trade war, made it even harder for the Chinese economy to recover. But we are now four years into this. And the People’s Bank of …
3 China Stocks to Buy on the Dip: June 2024
Here are three China stocks to buy based on my analysis. Source: zhu difeng / Shutterstock.com Alibaba Group Holding (NYSE:BABA) is a Chinese multinational conglomerate specializing in e-commerce, …
Warren Buffett Went To China With Bill Gates Once — And Didn’t Eat Chinese Food
Buffett, known for his unconventional diet that includes McDonald’s for breakfast, See’s Candies, Dairy Queen ice cream, and five cans of Coke daily, found his trip to China a significant deviation …
The shocking way China is dealing with rash of boys slaughtering little girls
China is being rocked by a series of shocking murders of little girls committed by boys as young as 12. But, nearly as shocking is how the communist nation deals with juvenile killers — usually…
OpenAI stops API access in China starting July 9
However, some reports say that the US government is pressuring tech companies to stop China from using American technology. OpenAI is clearly following in the footsteps of Nvidia, which recently …
Dhaka looks to Beijing for fresh loans
Talks on Chinese loan proposals will be at the fore during Prime Minister Sheikh Hasina’s upcoming visit to Beijing. During her visit … to loans for a number of large projects, said a finance …
China factory activity contracts again in June, services slow
While a sub-index of production was above 50 in June, other indexes of new orders, raw material stocks, employment, supplier delivery times and new export orders were all in contractionary territory, …
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