Chinese property stocks and metal prices also rally after stimulus measures aimed at faltering economy. Introduction: Chinese stocks on track for best week since 2008 after Beijing stimulus 07 …
Monthly Archives For September 2024
Time to act against Beijing’s biotech threat
The US has already taken proactive steps with the BIOSECURE Act, aiming to safeguard its life sciences from foreign influence and control. The UK must follow suit. The dual-use nature of biotechnology …
Billionaire Buys ‘Everything’ China, Possible Non-Dom Tax Tweaks & Ceasefire Talks on Pause
Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.
A new stimulus might (or might not) jump-start China’s economy
Doldrums continue to plague China’s post-pandemic economy. Now the country’s leaders are firing up a new round of plans to jump-start growth. It just might not be enough.
Beijing directs fiscal firepower at itself
It’s been a busy week for Chinese officials. The government plans to issue special sovereign bonds worth about 2 trillion yuan ($284.4 billion), Reuters reported on Thursday, citing sources with …
Uncorking China’s $340B Alcohol Market: A Deep Dive into 2024 Beverage Trends
China’s alcohol market appears to be ripe with opportunities, it’s clear that global brands need to be attuned to local preferences, digital trends, and the broader societal shifts affecting drinking habits.
China urges ‘active’ role by Mercedes-Benz in auto sector co-operation
The head of China’s powerful state planner met Ola Kallenius, chairman of the management board of Mercedes-Benz in Beijing, the agency said on Friday.
Smart, green technologies attract attention at China-ASEAN Expo
“ASEAN is a key strategic market for our company’s international business development. Additionally, advancing clean energy projects in ASEAN countries contributes to the region’s green and low-carbon …
Setback for Xi Jinping’s military ambitions as China’s newest nuclear-powered submarine sinks at Wuhan port
China’s newest nuclear-powered attack submarine, identified as a Zhou-class submarine, sank at a pier during construction between May and June. This i …
Bitcoin ETFs Exceed $100 Million Amid China’s $142 Billion Stimulus and Global Easing
CryptoQuant’s 30-day net holding tracker for Bitcoin ETFs has flipped positive for the first time this month, according to an X user.
Australian treasurer welcomes Chinese efforts to stimulate economy during Beijing visit
Australian Treasurer Jim Chalmers on Friday welcomed Chinese efforts to stimulate its slowing economy, noting that its recent weakness has hurt Australia. Chalmers was wrapping up a two-day visit to …
China cuts amount banks hold in reserve to boost lending
China on Friday cut the amount banks must hold in reserve, releasing an estimated $142.6 billion in liquidity into the financial market as leaders embark on one of their biggest drives in years to kickstart…
Finland Zoo Sends Pandas Back to China Early Due To Rising Costs
Due to the excessive costs associated with their care, two giant pandas leased from China and kept at a Finnish zoo were returned.