China’s stranglehold monopoly on the global supply of rare earth minerals and metals for the “green” movement to EV’s, and the generation of electricity by wind and solar is a clear and potential …
FINANCE
China’s manufacturing won’t fix consumer demand: Fmr. Australian PM
Former Prime Minister of Australia Kevin Rudd — currently the Ambassador of Australia to the US — joins Yahoo Finance’s Akiko Fujita at the 2024 Milken Conference to outline China’s problem areas in …
Ministry of Defence ‘hacked by China’ as cyberattack causes ‘massive data breach’ including names and bank details
THE Ministry of Defence has been hacked by China with the cyberattack causing a massive data breach, according to reports. MPs will be informed on Tuesday of the attack which targeted service …
China’s Xi tries to woo France’s Macron during first stop of European tour
Chinese leader Xi Jinping wants to deepen ties with Europe even as many countries in the bloc cosy up to Washington.
Credit Suisse’s China Venture Faces Staff Reductions Amidst Restructurings
In a recent update from Hong Kong, Credit Suisse’s securities brokerage joint venture in China has disclosed a significant decline in staff numbers for the year 2023, a period marked by Swiss …
How China’s Central Bank Gold Buying Frenzy Drove Prices To Record Highs, Attracting Gen Z To ‘Gold Beans’
China’s gold acquisitions drive global prices to record highs in April 2024. Cultural and economic factors play a significant role in the country’s demand for gold.
EU Says Ready to Use All Trade Tools to Defend Against China
The European Union is prepared to deploy all the tools available to defend its economies if China fails to offer fair access to its markets, European Commission President Ursula von der Leyen said.
China’s New Homes Market Is In A State Of Freefall
Timing is everything in life and right now happens to be one of the worst times to be a home builder in China. After going on an aggressive building spree that sparked the Chinese economy,…
As Xi Jinping pushes for closer ties with Europe, EU pressures China on Russia and trade
Xi says China and Europe can contribute to world peace ahead of meeting with President Emmanuel Macron and EU chief Ursula von der Leyen …
Chinese EV maker BYD welcome to open factory in France, French finance minister says
France would welcome China’s electric vehicle giant BYD if the company should it decide wanted to open a factory in France, Finance Minister Bruno Le Maire said on Monday. “France welcomes all …
China property fix aims to restock speculation
Again, this requires strong financial support from the central bank and state lenders. However, if Xi is to realise his vision of a “new development model” for the sector, another source of demand for …
China’s central bank survey shows ‘precarious’ job market, low consumption demand still weighing on economy
More than 46 per cent of urban residents polled by People’s Bank of China say job market is ‘uncertain’, while 62 per cent aim to save more Findings present continued challenges for policymakers …
China Development Bank lends 104b yuan for transportation, logistics infrastructure development in Q1
BEIJING — China Development Bank said it had issued 104 billion yuan ($14.63 billion) in loans during the first quarter of 2024, in an effort to bolster the advancement of transportation and …
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