A look at the day ahead in Asian markets. A bumper week of central bank meetings that included the U.S. Federal Reserve on Wednesday and the Bank of England on Thursday rounds off on Friday…
FINANCE
China court orders developer SRE to sell majority stake in Shanghai venture to repay loans
The action comes after units of SRE failed to pay 4.45 billion yuan (US$627 million) in debts, the company said in a Hong Kong filing.
Mercedes Cuts Earnings Outlook as Auto Sales in China Falter
Mercedes-Benz Group AG cuts its financial forecast for the year as the luxury-car maker cited a rapid deterioration of its business in China.
Tech moguls predict further advances in AI
Mark Zuckerberg, CEO of Facebook Inc, told an audience at the China Development Forum in Beijing on Saturday that he predicted more great advances for AI within the next decade. Different forms of …
The dramatic decline of China’s innovative start-ups
To be sure, China has made impressive progress up the technology ladder. As recently as 20 years ago, it was at best a mid-technology power. By 2023, according to ASPI, an Australian think-tank, China …
Xi Unleashes a Crisis for Millions of China’s Best-Paid Workers
China created a professional class in record time. Now, just as swiftly, many of their dreams are being crushed.
China to ramp up policy steps to revive economy but no ‘bazooka’ stimulus seen
Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target for 2024, analysts and policy advisers say, with a sharper focus on …
Beijing E-Town Completes the City’s First Negative List Filing for Cross-Border Data Transfers
BEIJING, CHINA / ACCESSWIRE / September 19, 2024 / The 2024 China International Fair for Trade in Services is currently underway in Beijing. On September 13, (Beijing E-Town, or BDA) announced that …
China Halts Tariff Exemptions on Taiwanese Agricultural Products
China is set to suspend tariff exemptions on 34 agricultural items from Taiwan, effective September 25. This decision includes fresh fruits, vegetables, and aquatic products. The Chinese finance …
Analysis-China to ramp up policy steps to revive economy but no ‘bazooka’ stimulus seen
Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target for 2024, analysts and policy advisers say, with a sharper focus on …
Global Funds Cool on China Bank Debt With Inflows Shrinking
Global funds’ purchase of Chinese bank notes dramatically slowed last month as the yuan strengthened against the dollar, denting the appeal of a popular swap-based trade.
US complains China overcapacity is harming domestic companies
US officials will today raise complaints over Beijing’s alleged economic overcapacity in talks with their Chinese counterparts. Washington and other Western capitals argue Chinese companies are …
US complains China overcapacity is harming domestic companies
US officials will today raise complaints over Beijing’s alleged economic overcapacity in talks with their Chinese counterparts. Washington and other Western capitals argue Chinese companies are …
