Shares in mainland China plunged as traders expressed their disappointment with the lack of new stimulus. The U.S. government’s possible attempt to break up Google weighed on tech.
Monthly Archives For October 2024
China’s ‘Anaconda Strategy’ Is Slowly Choking Taiwan
Beijing is acting militarily, economically, diplomatically and psychologically to convince Taipei that resistance is futile — and reunification, inevitable.
Bernard Arnault loses $13 billion in a single day as China’s uncertain recovery undermines billionaire’s wealth
Hopes that China’s stimulus plans could inject a much-needed boost among luxury players, including LVMH, have been dashed in recent days.
It’s Time for U.S. To End Normal Trade Relations With China | Opinion
China has stolen U.S. technology, maintained market restrictions, and ramped up state subsidies including through initiatives to dominate the 21st-century economy.
Why Communist China’s corporate tax regime is more business friendly than the U.S.
Democratic presidential nominee and Vice President Kamala Harris wants to raise the corporate tax rate from 21% to 28%, as part of her effort to make the wealthy and big corporations “pay their fair …
China stocks sink as investors dump shares after recent rallies, while other Asian markets gain
Chinese shares have plunged again, with Shanghai’s benchmark down 6.6% and Hong Kong’s losing 1.5%. Investors have been dumping shares to lock in profits after recent rallies driven by hopes for major economic stimulus.
OpenAI says China-linked group tried to phish its employees
A suspected China-based group posed as a user of ChatGPT and sent customer support emails to staff. OpenAI said a group with apparent ties to China tried to carry out a phishing attack on its…
China unveils domestic GPU ecosystem to reduce Nvidia dependence
China Mobile recently unveiled a chip architecture migration tool called “Xinhe” as part of the country’s efforts to decrease its dependence on Nvidia’s computing chips. The tool facilitates the …
Invest in large multinationals with business in China instead of ADRs: Morgan Stanley IM
Aaron Dunn of Morgan Stanley Investment Management explains how he is capturing the China market rally by investing in large U.S.-listed multinationals that do business in the the country.
Magnetic Field Of The Sun’s Atmosphere Seen Like Never Before Thanks To 114 New Maps
Researchers have released the most accurate and consistent map of the magnetic fields in the Sun’s corona – its tenuous but incredibly hot atmosphere. The magnetic fields play a role in the heating of …
US warns of tactics Beijing expected to use
Beijing’s expected use of President William Lai’s (賴清德) Double Ten National Day speech today as a pretext for provocative measures would undermine peace and stability, the US Department of State said …
UK urged to show sincerity, pragmatism in developing ties with Beijing as MI5 chief hypes China threat
While the UK spy chief recently warned about China’s “significant risk” to the country, Britain’s Foreign Secretary David Lammy is reportedly planning to visit China next week in a bid to reset ties, …
Beijing to host Iran-China Friendship Association meeting
A delegation of Iran-China Friendship Association left Tehran for Beijing on Wednesday in order to participate in 15th annual meeting of Iran-China Friendship Associations.
