Korea’s Samsung sold the most phones in Q1 2024, according to research firm IDC, as Apple loses market share to Chinese competitors.
BUSINESS
Canada FM Sending Deputy To China To Work On Tense Ties: Source
Canadian Foreign Minister Melanie Joly is sending her deputy to China in a bid to help thaw chilled relations with Beijing, a government source with knowledge of the trip said Monday.
German business leaders have high hopes on China
Federal Chancellor of Germany Olaf Scholz is visiting China this week. He is accompanied by senior representatives of a number of renowned German companies, which all have close bonds with China.
China’s need for oil has been calming down military conflicts worldwide, analyst says
“A big part of that is China standing behind the curtain and going, you know, can you please not interrupt our oil supply?” Paul Sankey said.
China’s Fosun International sells stake in Belgian insurer Ageas to BNP Paribas to reduce debt, focus on core businesses
More divestments to come, analyst says, as conglomerate aims to cut debts by US$1.38 billion annually in the next two to three years.
China’s Export Game Won’t Work This Time
True this kind of export-driven growth model worked in the past. Indeed, it propelled great growth for China from the 1990s through the 2010s. Things now, however, are different. Back then, China had little option…
Why China’s Economy Is In BIG Trouble
Read on to find out how the People’s Republic’s economy has fallen from its glory days, and why.
China Market Update: Mainland Markets Shrug Off Geopolitical Risk, Northbound Returns To Inflow
Asian equities were mixed overnight on continued Middle East tensions though Mainland China’s Shanghai and STAR 50 indexes outperformed.
Free Money? Polymarket Bet Pays 8% if China Doesn’t Invade Taiwan
Betting against an invasion on the prediction market may yield almost 8x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes U.S. presidential odds.
Chinese tea shop giant Sichuan Baicha Baidao aims to raise US$330 million in Hong Kong’s biggest IPO of 2024
Proceeds will aid Baicha Baidao’s expansion in China as it eyes the boutique coffee industry It comes after Hong Kong’s IPOs fell 29% in the first quarter to US$604.4 million, the slowest start to a…
House to Vote on China’s Iranian Oil Imports After Israel Attack
The US House of Representatives is poised to vote Monday on legislation aimed at countering China’s purchase of Iranian crude oil as part of package of bills being brought to the floor in response to…
Shock Leak Reveals China Could Be About To Blow Up The Price Of Bitcoin, Ethereum And XRP
Bitcoin has bounced back from a weekend price crash, sparked by fears the Middle East conflict could spiral into a wider war. The bitcoin price has climbed to around $66,000 per bitcoin after dropping …
Hong Kong’s First Bitcoin, Ethereum Spot ETFs Get Regulatory Nod: ‘Welcome To The Party, China!’ Says Crypto Analyst
Hong Kong’s securities regulator has approved the city’s first spot Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs).
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