Emerging-market stocks rose, reversing earlier losses, as speculation intensified that China’s authorities will roll out fresh stimulus measures next month amid the threat of US imposed tariffs.
Posts By admin
Stock market today: World shares are mixed, with China benchmarks higher despite tariff talk
World shares are mixed with Chinese stocks leading gains after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs
Volkswagen divests from controversial plant in China’s Xinjiang
German carmaker Volkswagen is withdrawing from its controversial involvement in a factory in China’s Xinjiang province, which has attracted criticism over alleged human-rights abuses of the Uighur …
Kevin O’Leary Wants ‘400 Percent’ Tariffs on China: ‘Go to DEFCON 1’
The Canadian businessman Kevin O’Leary has said President-elect Donald Trump’s proposed tariffs on Chinese products are “not enough.” …
China Responds to Possible EU Sanctions Over Russia War Drones
The proposed penalties follow last week’s meeting of EU foreign ministers, who discussed “credible” reports of a Chinese factory producing UAVs for Russia.
China’s robotaxi startup Pony AI raises $260 million in US IPO
(Reuters) -Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, valuing the China-based robotaxi company at around $4.55 billion. It sold 20 million American …
Esports hotels prosper in China by offering fast computers, gaming chairs, multi-bed rooms
It is the ultimate gamer getaway – a room with beds, food, huge monitors and no nagging parents. In China, this is a typical weekend escape.
China’s robotaxi startup Pony AI raises $260 mln in US IPO
China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, pricing its American depositary shares at $13 each.
China’s mobile phone shipments up 1.8% in October
BEIJING – China’s mobile phone shipments rose 1.8 percent year-on-year in October 2024 to over 29.67 million units, according to the China Academy of Information and Communications Technology (CAICT).
China’s move to centralise oversight of financial sector shouldn’t be feared
Stronger party control over the financial sector will allow the building of a more cohesive framework for further orderly decentralisation In 2017, at its highest-level financial work conference, …
Foreign smartphone sales in China drop 44.25% in Oct, data shows
Sales of foreign-branded smartphones, including Apple Inc’s iPhone, in China fell 44.25% in October year-on-year, according to data released on Wednesday from a government-affiliated research firm.
‘Shadow-chasing’: China on FT report that its defence minister is being probed for corruption
Chinese Foreign Ministry spokesperson Mao Ning called the FT report ‘just shadow-chasing’ which cited US officials as saying that China’s Defence Minister Dong Jun has been placed under investigation …
Volkswagen Sells Plant In China’s Xinjiang Region After Years Of Forced Labor Allegations
Earlier this year, the U.S. blocked imports of several Porsche, Bentley, and Audi vehicles amid concerns that they contained a Chinese-made part that violated U.S. forced labor laws.
