Mainland Chinese stocks were also all higher, with the Shanghai Composite up 2.13% to close at 3,231.52, its highest one day gain since February. Meanwhile, the Shenzhen Component rose 2.55% and ended …
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Chinese Female Tycoon Gains $1 Billion After Beijing Vows To Support Struggling Property Sector
Wu Yajun, the billionaire cofounder of real estate developer Longfor Group, added $1.1 billion to her net worth on Tuesday.
Beijing’s stimulus talk sends iron ore miners flying
BHP, Rio Tinto, and Fortescue Metals soared on Tuesday as investors bet on rising commodity demand and prices to fuel China’s economic recovery.
China’s Politburo Calls Quicker Issuance of Local Gov’t Special Bonds
China’s positive fiscal policies have been mostly having two tools in recent years, policies to cut taxes and fees to ease companies’ burden and stimulate the market and large-scale special local …
China, Taiwan brace for their most powerful typhoon this year
China urged fishing boats to seek shelter and farmers to speed up their harvest while Taiwan suspended annual military drills as super typhoon Doksuri spiralled closer to East Asia, potentially reaching deep into China.
Russia proposes joint research module on space station for China, India, Brazil and South Africa
The head of Russia’s space agency has extended an offer to Moscow’s partners in the BRICS group – Brazil, India, China and South Africa – to participate in the construction of a joint module for…
Buddha statue in China goes up in flames
STORY: Video shared on social media showed the statue at the Shandan Great Buddha Temple of Gansu province’s Shandan County burning in the early hours of Monday. After the fire was extinguished, the buddha statue…
China’s Gas Price Reform Seen Boosting Distributors, LNG Imports
China’s relaxation of natural gas price controls will benefit local utilities and may help spur demand for seaborne imports, according to an executive at China Gas Holdings Ltd.
China’s Faltering Economy and Its Implications
China’s economy is going through some of the same growing pains that Japan once experienced: lower consumer spending, overbuilding on homes and offices, …
China’s property firms rally after Beijing pledges economic support
By Clare Jim HONG KONG (Reuters) -Investors piled into Chinese property developers’ shares and bonds on Tuesday following a sharp selloff in the previous session, after policymakers said they would …
China’s crackdown on IPO risk factors is a warning
Global investors are getting whiplash from the mixed messages coming from Beijing. The country’s securities watchdog met last week with local law firms and asked them to tone down negative descriptions of China’s policies in…
China State Banks Seen Selling US Dollars to Prop up Yuan -Sources
SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on Tuesday, three people with …
The Case for a Hard Break With China
The fundamental problem is that the United States’ free-market economy is incompatible with a Chinese state-controlled one. U.S. liberty and democracy are antithetical to the authoritarianism of the …
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