Deloitte China arrived at a similar estimate of 80 Hong Kong IPOs for the year, putting the capital amount at between HK$60 billion and HK$80 billion. Edward Au, managing partner for Deloitte China’s …
Monthly Archives For July 2024
After Donald Trump shot at rally, Russia, China and other foreign powers weigh in on assassination attempt
Russia says Vladimir Putin will not call Trump as foreign leaders react to the assassination attempt on the former U.S. president
Italy, Spain back EU duties on China-built EV imports
Italy and Spain are backing European Union tariffs on imports of China-built electric vehicles, government sources said ahead of a Monday midnight deadline for all 27 EU members to take their stand on the matter.
China’s Economy Is in Trouble. Xi Jinping Has Other Priorities.
Chinese leader Xi Jinping wants to fashion China into a manufacturing colossus that leads the world in technological innovation. His pursuit of that vision is increasingly weighing on China’s economy.
Temasek plans to invest up to $12B in India as China weighs
Singapore state investor Temasek plans to invest up to $12 billion in India over three years in sectors such as financial services and healthcare, a top executive said on Monday, favouring the South …
China’s economy ‘hits the brakes’ with Xi Jinping forced to take action
China’s economy has “hit the brakes” with Xi Jinping forced to intervene amid sluggish growth. Beijing witnessed its economy stumble in the second quarter, with growth of 4.7 per cent across the three months to…
Beijing to Fully Open Ming Tombs to Tourists to Further Showcase Ming Dynasty Culture at The Ming Culture Forum 2024
Beijing, China–(Newsfile Corp. – July 15, 2024) – The Ming Culture Forum 2024 was recently held in the district of Changping in Beijing. With the theme of “The Splendid Age of the Colorful Ming,” it…
Open questions | Stephen Roach on how Beijing can right its economic course and the US’ big China ‘blunder’
Economist Stephen Roach talks China’s third plenum, its long-term growth prospects and why efforts to limit its green tech development are hypocritical.
China’s Commodities Imports Ease in June on Sluggish Economy
China’s appetite for commodities eased in June, as a sluggish economy took the edge off import demand across a number of key raw materials.
Temasek aims to invest up to US$12bil in India as China weighs
favouring the South Asian nation as it turns cautious on China. India’s economy is growing sharply and its stock markets are trading near record highs amid an IPO and dealmaking boom. India accounts …
Temasek aims to invest up to $12 billion in India as China weighs
Temasek last week said that profits from investments in the United States and India were helping it cushion the impact of underperformance in China.
China to Lift Bitcoin Ban? Reports Stir Crypto Community Debate
Galaxy Digital CEO Mike Novogratz recently shared that China might lift its cryptocurrency ban in the fourth quarter of 2024.
Global smartphone market recovers with Samsung, Apple ahead of Chinese brands Xiaomi, Vivo and Oppo
In China, the resurgence of Huawei and consumer demand during the midyear 618 shopping festival contributed to growth, Counterpoint Research noted The global smartphone market grew by 6 per cent year …