X Financial (NYSE: XYF) (the “Company” or “we”), a leading online personal finance company in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. First …
FINANCE
Apple Is Seeing Strong China Demand for iPhones, Analyst Survey Finds
UBS analyst David Vogt wrote that the share of smartphone users in China who intend to buy an iPhone within 12 months reached the highest level in six years.
China’s sends smallest Davos delegation in years amid concern zero-Covid is limiting its voice on world stage
The Chinese delegation at Davos this year is unusually small due to the country’s stringent travel rules, robbing Beijing of an opportunity to make its voice heard on the global stage, observers say.
Airbnb to shut down domestic operations in China
Airbnb is shutting down its business in mainland China this summer due to mounting costs and domestic competition, reported CNBC. The online vacation rental platform first launched operations in …
Apple stock rises after tech giant looks to expand production outside China
Yahoo Finance’s Akiko Fujita and Brian Cheung discuss reports that Apple will look to expand its supply chain outside of China and how the stock is responding.
BlackRock downgrades stocks, citing Fed over-tightening and China risk
Meanwhile, a downturn in China that’s “starting to rival” the 2020 slowdown is … is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and …
China Should Move Reserves Out Of US Treasuries
China has built a foreign exchange-earning economy and accumulated US$3.3 trillion in reserves over the past few decades, but such policies are o …
China: Xi’s crackdown on capital market troubles big businesses
As Chinese President Xi Jinping seeks a historic third term in power it is expected that he will focus on implementing strict regulation of capital which is se …
China: Xi’s crackdown on capital market troubles big businesses
As Chinese President Xi Jinping seeks a historic third term in power it is expected that he will focus on implementing strict regulation of capital which is se …
Proposed Amendment to ‘China Bill’ Would Wrongly Reward Unprofitable Investments
In the so-called China bill, some lawmakers are pushing to include tax laws that would blatantly subsidize unprofitable private investments.
White House promises a ‘holistic review’ of China tariffs once Biden gets back from Asia
There is a meeting on the books where the Biden administration may finally plan its next steps on those Trump-era tariffs on China.
China’s central bank issues 25b yuan of bills in Hong Kong
BEIJING – China’s central bank issued 25 billion yuan ($3.74 billion) worth of central bank bills in the Hong Kong Special Administrative Region on Monday. Of the total, 10 billion yuan worth of …
Argentina’s Embrace of China Should Be a Wake-Up Call
China, and South Africa—and to become a member of its New Development Bank, a Shanghai-based multilateral bank that aims to be an alternative to traditional financial institutions like the …
