The euphoria was thanks to Beijing’s big-bang stimulus announcement, that showed urgency and concerted commitment to boost China’s ailing economy.
Featured Posts Title
Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems
Live updates: Trump told donors he threatened to bomb Moscow and Beijing, audio shows
Trump wants to talk business with Africa in hopes of countering China. But a US summit excludes Africa’s big players
Europe and China’s medical device tit-for-tat shows that Trump tariffs aren’t helping Beijing make friends
China unveils new steps to aid employment amid trade tensions
China responds after reports Iran seeks J-10 fighter jets
More than 200 children found with high lead levels after kindergarten in China uses paint as food coloring, authorities say
Recent Posts
China’s stock markets are partying like it’s 2008, overwhelming systems
Bitcoin holds above $64K as China stimulus sends Conflux’s CFX, Dog Memes running high
Bitcoin (BTC) rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million, predominantly into ARK’s ARKB, while Ethereum (ETH) experienced minor …
Why China’s sunk submarine doesn’t change its navy’s global dominance
Despite setbacks, China’s relentless pursuit of naval dominance and cutting-edge technology keeps its ambitions in the Indo-Pacific firmly on course …
Xi’s Big Stimulus Week Aims to Draw a Line Under China Slowdown
For months, President Xi Jinping appeared unfazed by slowing growth as stocks sank, prices fell and discontent grew around China. This week showed he’s not willing to tolerate any more pain.
China accused of trying to cover up major blunder involving its most advanced nuclear submarine
China accused of trying to cover up major blunder involving its most advanced nuclear submarine – Naval experts and US officials say vessel appears to have sunk in port, and may have been carrying nuc…
Stocks rise as China stimulus kicks in
China stocks closed out their best week since 2008 as the country’s central bank cut its reserve requirement for banks.
Hong Kong could regain top 3 IPO ranking by year-end after jumping to fifth in September
IPOs in the city reached US$7.14 billion in the first nine months, exceeding last year’s total of US$5.9 billion, LSEG data shows.
Murdoch’s REA raises Rightmove bid to £6.2bn; China stocks head for best week since 2008 – business live
Australia’s REA makes fourth proposal to buy British property portal and urges Rightmove board to ‘engage now’
China is part of the US election – but only from one candidate
In a recent National Security Action survey of voters in key electoral battleground states, only 14% listed China as the top national security priority for the next president. Immigration led the list at 38%, followed…
Alibaba, Tencent rally as Beijing stimulus plans push China’s tech stocks to 13-month high
Chinese tech stocks including majors like Alibaba and Tencent rallied this week, pushing them to highs not seen in more than a year.
China Tariffs: US Deals Trade Blow to World’s No. 2 Economy
A spokesperson for the Chinese embassy in the U.S. told Newsweek about Washington’s “unilateralism and protectionism.” …
Cuts, cash, credit: China bids to jumpstart flagging economy
China this week unveiled a bundle of new measures aimed at kickstarting its economy, battered by unprecedented headwinds including a property sector crisis and sluggish spending. The raft of measures are considered the boldest in…
China Developers Offer Deals Betting Home Prices Will Hit Bottom
Some Chinese property developers are betting the country’s home-price slump will soon end following the announcement of long-awaited stimulus measures.