China is facing a financial disaster of unprecedented scale as its mortgage crisis spirals out of control. Once the engine of economic growth, the property market has collapsed, leaving millions of …
FINANCE
China Defends Growth Model, Plans Consumption as Greater Driver
China’s trade with the world is within reasonable bounds and the nation isn’t out to dominate global markets, a senior official said, pointing to figures showing domestic consumption is driving …
💰 China’s silent strike—pulls $10 billion from US debt as rare earth battle heats up
China has once again reduced its holdings of US government debt, marking the third month in a row of steady cuts. This move comes as trade tensions with Washington continue to rise and fresh concerns…
Kuwaiti flag raised at AIIB headquarters in Beijing to mark full membership
BEIJING, China, July 19: The Asian Infrastructure Investment Bank (AIIB) headquarters in Beijing witnessed a ceremonial flag-raising on Friday to mark the State of Kuwait’s accession as a full …
China ‘strongly’ condemns Pahalgam attack, calls on regional countries to enhance counter terrorism operations
China’s Foreign Ministry Spokesperson Lin Jian lauded the effort of the US in helping combat terrorist activities.
Nvidia Unveils China?Ready RTX Pro After Top?Level Beijing Talks
CEO Jensen Huang that Beijing wants top?quality, reliable AI products and services. Huang called the Chinese market very attractive and said Nvidia will deepen collaboration with local partners.
Nvidia’s $4 Trillion Power Play: How Jensen Huang Just Outmaneuvered Washington and Beijing
Behind closed doors with Trump. Center stage in Beijing. Nvidia (NVDA) just pulled off the tech pivot of the year.
European Union sanctions 2 Chinese banks over aid to Russia
The European Union has sanctioned two small Chinese banks in its latest package of measures designed to hobble Russia’s war machine, despite a warning from Beijing to expect consequences. Suifenhe …
Xi Jinping warns against China’s overinvestment in EVs and AI
Chinese President Xi Jinping has bluntly questioned a nationwide rush of investment into the AI and EV industries. As deflation anxiety grows and Trump’s trade war with China ramps up, the world’s …
China cuts US Treasury holdings for third month amid trade war, debt ceiling fears
There were fears the trade war could spill over into financial markets amid speculation that Beijing might offload its large US Treasury holdings or that Washington could delist C …
China’s Economic Condition And Its Impact On The U.S.
While China has long been touted as the next great economic superpower, its recent trajectory reveals a far different story.
3M sees smaller tariff hit on 2025 profit amid easing US-China trade tensions
M raised its full-year profit forecast and projected a smaller tariff-related hit to its 2025 earnings on Friday, weeks after the U.S. and China arrived at a trade truce, sending shares of the …
Factbox-Wells Fargo’s business in China, where senior executive faces an exit ban
HONG KONG (Reuters) -Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source said, bringing the U.S. bank’s operations in the world’s second-largest …
