If China cannot address its malaise soon, the global economy could be in peril as, according to IMF estimates, China is likely to contribute almost 35% to global growth in 2023. Since China had set…
BUSINESS
5 Chinese brands that have crept into your life and are flipping the narrative on Chinese-made goods
TikTok, Lenovo, Tencent, DJI, and Xiaomi are five Chinese brands that have made it big outside China.
Klaviyo IPO Filing Highlights Challenges for Marketing Startups
Klaviyo, the e-commerce marketing software provider backed by Accel and Shopify, has whipped itself into shape ahead of its public debut. Its initial public offering documents, disclosed on Friday, …
5 Chinese brands have crept into your life and are flipping the narrative on Chinese-made goods
TikTok, Lenovo, Tencent, DJI, and Xiaomi are five Chinese brands that have made it big outside China.
US, China agree to discuss export controls as commerce secretary visits to warm up chilly ties
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 …
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 …
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 …
China approves launch of retail funds to revitalize struggling stock market
China granted approval for the launch of 37 retail funds, marking a significant step in the government’s endeavors to rejuvenate a sluggish stock market amid economic challenges.
Japan calls on China to ask citizens to stop harassment in wake of Fukushima wastewater discharge
The discharge of the wastewater into the ocean, which began Thursday and is expected to continue for decades, has been strongly opposed by fishing groups and by neighboring countries.
China Stock Market Flickers As Beijing Provides Boost; Is It Real Or A False Dawn?
In other China stock market moves, Beijing loosened rules for buying stocks on margin, lowering the margin ratio to 80% from 100%. On top of that, controlling shareholders will be barred from selling …
US, China to discuss export controls, officials say
U.S. Secretary of Commerce Gina Raimondo announced on Monday that she and her Chinese counterpart agreed to discuss export controls in an ongoing effort to ease tensions between the two global …
Wall Street’s Summer Is Almost Gone: What to Expect From Stocks, Bonds and China
Summer is almost over — at least for Wall Street. Summer doesn’t officially end until September 23 this year, but for Wall Street, summer is over starting next Tuesday. As I discussed on Friday, …