Morgan Stanley calls Pop Mart a “global brand in the making.” …
Monthly Archives For December 2024
Why China Isn’t Scared of Trump
For years, Donald Trump has inveighed against China, describing it as the root cause of all manner of ills in the United States. He has lamented Washington’s huge trade deficit with Beijing and blames …
China’s Hithium Is Said to Weigh $500 Million HK IPO Next Year
Xiamen Hithium Energy Storage Technology Co. is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter.
Beijing Woos AstraZeneca for Investment While Probe Continues
Beijing’s mayor called on AstraZeneca Plc to expand its research and development investment in the Chinese capital, signaling that a probe against some of its executives won’t affect business ties …
TikTok parent ByteDance intensifies China AI rivalry with 85% price cut for visual model
ByteDance’s ultra-low pricing underscores growing rivalry in the Chinese market, where Big Tech firms and start-ups have locked horns in a brutal price war TikTok parent ByteDance has turned up the …
China leaves rates unchanged, weak yuan limits easing
China left its benchmark lending rates unchanged as expected at the monthly fixing on Friday. WHY IT’S IMPORTANT Persistent deflationary pressure and tepid credit demand call for more stimulus to aid …
China One-Year Yield Sinks to 1% for First Time Since 2009
China’s short-term bond yields slumped further to reach the psychological milestone of 1% for the first time since the global financial crisis, as traders ramped up bets on monetary easing.
Laopu Gold outshines Chow Tai Fook as China’s top jeweller with 437% stock surge
If anything glitters in China’s otherwise dour retail jewellery landscape, chances are it just might be from Laopu Gold. The Beijing-based jeweller, whose Chinese name translates to “old shop”, is …
China’s ‘old shop’ jeweller bucks slowdown with 437% stock rally
IF ANYTHING glitters in China’s otherwise dour retail jewellery landscape, chances are it just might be from Laopu Gold. Read more at The Business Times.
China’s 2025 steel demand to fall 1.5% on year, state research institute says
China’s steel demand is forecast to fall 1.5% in 2025 and drop 4.4% in 2024 from the year before, the state-backed China Metallurgical Industry Planning and Research Institute (MPI) said on Friday. China’s steel consumption…
China leaves benchmark lending rates unchanged in Dec
China left its benchmark lending rates unchanged at the monthly fixing on Friday, matching market expectations, as falling yields, shrinking net interest margins and a weakening yuan create limits for …
China’s Xi urges bigger international role for gambling hub Macau
China’s President Xi Jinping said Macau should “keep up with the trend of the times” and play a bigger role on the international stage, as he urged the world’s biggest gambling hub to never be…
Republican senators demand an end to science and tech cooperation with China
A group of Republican senators is demanding that the Biden administration revoke a science and technology agreement with China.
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