Commerce Secretary Gina Raimondo and her Chinese counterpart have expressed support for improving trade conditions as Raimondo begins a visit to Beijing as part of U.S. efforts to warm chilly relation …
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1.9 million deaths in two months tied to China’s Covid-19 exit: ‘Devastating’
“Despite being the first place to be hit by COVID-19, China was able to quickly suppress the disease through stringent measures over an extended period,” said Dr Joseph Unger, the senior author of the …
What are the major 5G consumer and enterprise developments in China? (Analyst Angle)
China’s 5G subscriber base stands at 1.2 billion as of 1Q 2023, with the three major CSPs gaining millions of 5G users every month.
US-China tech war: Beijing wants young tech talent to play leading role amid self-reliance push
China’s State Council rolled out a series of measures on Sunday aimed at cultivating and utilising young talent in technological fields by addressing common challenges faced, including financial …
China’s shadow-banking industry threatens its financial system
The shadow lender’s demise was an early warning: the same forces that brought it down are now ripping through China’s 21trn yuan trust industry. The country’s economic growth has been weaker than …
These financial market signals are telling a different story about China’s economy
“The curious thing, though, is that such doom and gloom is not reflected in what the market is signaling,” Gavekal’s Louis-Vincent Gave wrote.
Billions of dollars are flowing out of Chinese markets in a ‘seismic’ change in capital flows despite a flurry of actions to shore up confidence
“The change in global capital flows is seismic,” Robin Brooks, chief economist at the Institute of International Finance, wrote in a Sunday post on X.com. “For the past decade, China attracted the …
Chinese IPOs are one of many things indicating ‘thawing’ between U.S. & China: Gary Dvorchak
Gary Dvorchak, Blueshirt Group Managing Director, joins ‘Closing Bell Overtime’ to talk the U.S. Commerce Secretary Gina Raimondo traveling to China, the Chinese economy and more.
Vinfast Stock Pegs Post-IPO High. Two Other EV Stocks Make Moves On News.
VinFast continued surging Monday following its blockbuster Aug. 15 initial public offering and bouts of volatility last week. VinFast stock pegged a post-IPO high.Please watch the video at …
Paid Late, or Never: Painters, Builders and Realtors Hit by China’s Property Crisis
As a real estate meltdown ripples through the economy, small businesses and workers are owed hundreds of billions of dollars, and new projects have dried up.
China’s Debt Problem Could Trigger a Financial Crisis, Analyst Says
China’s property developers are under duress again, re-igniting concerns about a debt crisis. But with a faltering economy and diminished confidence among households and companies, China debt watcher …
China makes 1st tax cut on stock trading since 2008 to boost investor confidence
The Chinese government has reduced the stamp duty on stock trading for the first time since 2008 in an effort to restore investor confidence in the economy, CNN reported.According …
Clock running down on China’s ability to import key chipmaking tool
But other ASML lithography machines have been imported into China, per SCMP; from January through July China’s imports of Dutch lithography machines, nearly all of which came from ASML, totaled $2.58 …