The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.15% higher at 789.0 yuan ($111.55) a metric ton. The contract lost 2.18% for the week, …
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Xiaomi won’t sell its EVs outside China before 2027: CEO
China’s central bank seeks European lenders’ advice on low interest rates
China Drives Global EV Sales as US Support Fades
The Fantasy of a Grand Bargain Between America and China
Synopsys, Cadence set to resume chip design software exports to China
U.S. lifts chip software curbs on China amid trade truce, Synopsys says
Cadence says restoring software access in China after US lifts export curbs
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Iron ore price recovers but posts weekly loss as Beijing stimulus uncertainty weighs
Beijing likely to announce more stimulus this month: Nomura
Banking group Nomura says it “firmly expects” the Chinese authorities to present a “fiscal stimulus package,” as the nation’s Ministry of Finance will hold a briefing on fiscal policy on October 12.
Global Markets Pause Ahead of Beijing’s Fiscal Announcements
Global stocks were stable on Friday as investors awaited fiscal stimulus updates from Beijing expected over the weekend. Wall Street showed slight declines, while European markets remained steady.
China may announce fiscal stimulus of up to 2 trillion yuan this weekend: Deutsche Bank
China’s Ministry of Finance is expected to hold a briefing on Saturday in which market participants foresee a package worth between 1.5 trillion to 2 trillion yuan unveiled. “It will
Indonesia asks Apple, Google to block China’s Temu to protect small merchants
Indonesia has asked Alphabet’s Google and Apple to block Chinese fast fashion e-commerce firm Temu in their application stores in the country so it cannot be downloaded, a minister said on Friday.
Shanghai, Shenzhen indices fall ahead of Chinese finance minister’s press briefing
Investors are looking ahead to a media conference by China’s finance minister on Oct 12, amid speculation the government may roll out a massive spending plan to add to a raft of measures unveiled last…
KOSPET Unveils Tough Yet Stylish X2 Series and S2
KOSPET, a pioneer in rugged wearable technology, is excited to announce the launch of its latest innovations: the X2 and S2 series wearables. Starting October 10, 2024, these devices will cater to both adventure enthusiasts…
China is trying to give investors the one major thing missing from its economic stimulus blitz
Meanwhile, one expert suggested that investors are misunderstanding China’s intent in providing the stimulus boosts. According to Arthur Kroeber, founding partner of Gavekal Dragonomics, Beijing’s intent isn’t to accelerate the economy by enabling consumers, but…
Why Do China Bulls Keep Getting It Wrong?
Viewing the Chinese government through a prism of exceptionalism makes it hard for China bulls to imagine that the authorities might be unpredictable, capricious, and often wrong.
COVID-19 significantly raises stroke risk
Researchers conducted a metaumbrella review of 34 systematic reviews and 70 studies, uncovering a significant link between COVID-19 severity and increased stroke risk. The review emphasizes the need for further investigation into underlying mechanisms and…
China’s ‘whatever it takes’ moment? Investors hope for billions in additional stimulus this Saturday
Many investors and analysts viewed the move as a signal that Beijing was finally ready to take drastic action to revive its ailing economy, following a barrage of disappointing data and amid a slump …
Apple Opens New Research Lab in Shenzhen, China
Apple has opened the doors to its latest research facility in Shenzhen, China. The new 215,000 square feet aims to employ 1,000 staff to conduct R&D.
Decoding China: Baerbock’s bruising battle with Beijing
Germany’s Foreign Minister Annalena Baerbock is planning her first trip to Beijing since she labeled China a “rival” and Xi Jinping a “dictator.” Berlin is siding with Beijing on EV tariffs, but many …