The official launch of the Republican presidential campaign ticket of Donald Trump and JD Vance this week has been closely scrutinized by governments around the globe looking for clues to what a …
Monthly Archives For July 2024
Japan’s top general lauds closer South Korea military ties as mutual concerns grow over China, North Korea
America’s two most powerful allies in the Pacific are taking their defense ties to new heights amid increasing concerns over China’s assertiveness in the region and North Korean threats, Japan’s top …
Exclusive-Hit by client exits, PwC to slash China partners’ pay, sources say
PricewaterhouseCoopers (PwC) has asked its China-based partners to take a pay cut of up to 50%, two people with knowledge of the matter said, as a regulatory probe into the firm and departure of some…
China Communist Party policy meeting expected to endorse leader Xi’s high-tech vision for economy
Chinese leaders have repeatedly said China will keep its doors open to foreign investment and improve the business environment, despite ever-extending Communist Party controls over companies, social …
UK wage growth slows; global chip stocks fall amid growing tensions between US, China and Taiwan – business live
Despite cooling labour market, some economists say rate cut more likely in September than August. Resolution Foundation: Wage growth ‘still too hot to handle for Bank of England’ 08:41 Luke …
China’s biggest money manager says fears about growth, corporate earnings excessive
The government’s target of doubling the per capita GDP to US$30,000 means there is enough growth potential, Zhang Kun says in his fund’s quarterly report.
The future for China’s banks is in São Paulo, not Shanghai
President Xi Jinping’s ‘great rebalancing’ is creating a two-speed China: one a stodgy economy; the other full of export-focused corporate superstars. To serve the latter, China’s banks must invest overseas by buying assets or opening…
China Isn’t Done Tormenting Nike or Starbucks. Global Brands Hit Local Competition.
China has become a more challenging market for global consumer brands like Nike and Starbucks, and investors are beginning to rethink the value of their Chinese business, according to a new report …
China, Russia carried out live-fire naval exercises in South China Sea
China and Russia have begun live-fire naval exercises in the South China Sea, state-controlled Global Times newspaper reported, with the two countries having strengthened military and trade ties in recent years following U.
China’s commodity import trend driven by prices, not economy: Russell
LAUNCESTON, Australia, July 18 (Reuters) – China’s imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world’s second-biggest economy. But it’s probably more important to look…
What would a second Trump presidency mean for China? Goldman Sachs weighs in
If Donald Trump wins the U.S. presidential election, his plans for 60% tariffs on Chinese goods could be a “major downside growth risk” to China, according to Goldman Sachs. China’s economy grew by 4.
Vietnam files UN claim to extended continental shelf in South China Sea
Vietnam has filed a claim with the United Nations for an extended continental shelf (ECS) in the South China Sea, a month after regional neighbor the Philippines made a similar move, Vietnam’s foreign ministry said…
China’s Medical Device Market Value Hits $179B, 90th CMEF in Shenzhen to Feature a Plethora of Technological Products
SHENZHEN, China, July 18, 2024 /PRNewswire/ — The 90 th China International Medical Equipment Fair (CMEF) is set to take place in Shenzhen from October 12th to 15th, 2024. With an expected attendance …
