The European Union is bracing for retaliation from China after the bloc voted last week to impose tariffs on the import of Chinese electric vehicles, or EVs, amid speculation that Beijing could seek …
Monthly Archives For October 2024
Norfolk customs officers seize over $450k in dental supplies shipped from China
U.S. Customs and Border Protection (CBP) officers in Norfolk recently seized over $450,000 in dental supplies bound for Baltimore.
Tariffs Alone Won’t Counter China and Rebuild U.S. Industry | Opinion
T he upcoming U.S. presidential election looks set to be one of the most consequential in recent memory. Both sides view it as an existential struggle for the heart of America. On
US election, jobs data to pressure China’s yuan as stimulus shores it up: analysts
A stronger yuan could drag down China’s export growth, and the central bank is expected to guard against excessive appreciation.
Jensen Huang On China Sanctions – ‘We’re Exporting American Technology Which Is Really Terrific For The U.S.,’ Says Government Backs Nvidia
CEO Jensen Huang recently discussed the problems created by U.S. sanctions against China and how they are harming Nvidia’s business. While the tech giant is facing restrictions on exporting its most …
Beijing hints at fresh measures to boost Hong Kong economy a week before policy address
Beijing’s top office overseeing Hong Kong drops hint in commentary published over weekend as it urges city to play to its strengths Beijing will roll out more measures to boost the economic …
Chinese markets should surge higher if they follow course seen in COVID-19 and 2008 crash
China’s recent rally could still have “more legs” if it is in any way similar to the stimulus-fueled rallies that followed the COVID-19 pandemic and the 2008 financial crash, Goldman Sachs has said. C …
China chip stocks are soaring as excitement grows for another round of stimulus from Beijing
Chinese chip stocks gained $13 billion on Monday as traders expect Beijing to extend stimulus support to the semiconductor industry on Tuesday.
4 reasons China’s blistering stock rally has another 20% to run, Goldman says
Goldman Sachs predicts that the blowout surge in China’s stock market still has a ways to go, with another 15% to 20% upside ahead. It’s a standout call for a market that has already impressed…
After raising $50m for US IPO in 2021, Chinese streaming service Kuke gets sued by classical music group Naxos for alleged $1.8m in missed payments
Indie classical music label group Naxos has sued Kuke, a classical music streaming service from China, alleging that Kuke has failed to make more than $1.8 million in payments over the past three …
Dalian Wanda Digs Its Way Out Of Rubble Of Failed Property Management IPO
Dalian Wanda is negotiating with a series of investors who are owed repayments after its commercial property management unit failed to list by an agreed deadline One of the investors, Country Garden …
Navigating the resource market: China’s stimulus and global impacts
As China unveils a massive stimulus package, global markets watch closely. From gold’s safe-haven appeal to copper’s growing demand, we analyse how various commodities might respond to China’s …
China’s Brokers Skip Holidays to Staff Up for ‘Hectic’ Reopening
Brokerages and stock exchanges in China are gearing up for a frantic Tuesday when onshore markets reopen after a week-long holiday, with optimism running high that Beijing’s stimulus measures will give shares another leg up.
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