U.S. stocks were sharply lower Tuesday, resuming a pullback as investors shunned assets viewed as risky following weak China international trade data for July and weighed the threat of a credit-rating …
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Two US lawmakers raise security concerns about Chinese cellular modules
Two U.S. lawmakers on Tuesday asked the Federal Communications Commission (FCC) to address questions about potential security concerns involving cellular modules made by Chinese companies including …
Stock Market Tumbles As Earnings, China Send Chill; Only This Sector Escapes Selling
The stock market indexes fell 1% or more at midday Tuesday in a broad decline that caused sell signals for some stock market leaders.Please watch the video at Investors.com – Bidenomics: IBD/TIPP …
Italy hits banks with windfall tax, sending shares sliding; China’s trade slumps – business live
Rolling coverage of the latest economic and financial news
China’s economic slump: Why is it happening?
Exports to the 27-nation European Union slumped 39.5% from a year earlier to $42.4 billion while imports of European goods were off 44.1% at $23.3 billion. China’s trade surplus with the EU contracted by 32.7%…
China Signals Recent Patrols Near Alaska Are Only the Beginning
The Americans should get used to it,’ one military analyst told a Chinese state news service of the joint flotilla with Russia that raised alarms in international waterways near Alaska.
New data shows Tesla could have a China problem, Bank of America says
The firm reiterated its neutral rating on shares, saying the sales drop may continue until a new lower-priced model is introduced in 2025 or 2026.
‘Alarming’ China data upsets global stock markets
A deepening slowdown in the world’s second-largest economy is unnerving investors, who have been focused more on the U.S. outlook.
Beijing backs Hong Kong’s disciplined services after demonstrations against police athletes at international sports event in Canada
Three Beijing agencies congratulate city team’s record medal haul at World Police and Fire Games and slam protests over city’s participation
Law firm Dentons splits with China’s Dacheng as counter-espionage law takes hold
Global law firm Dentons said on Tuesday that it has split with its China branch, Beijing Dacheng Law Offices, in the wake of new national security restrictions imposed by the Chinese government.
China prefers precision to bazookas for economic rescue
China’s 24-man politburo vowed to implement a stimulus plan that would help the world’s second largest economy accelerate a “tortuous” recovery from its punishing Covid lockdowns. Investors and China watchers,
China reports sharpest drop in exports since 2020
China last month suffered its biggest fall in exports for more than three years, official data showed yesterday, as the world’s second-largest economy is battered by sluggish global demand and a domestic slowdown.
ChatGPT’s rise has China scrambling to catch up in an A.I. arms race that will determine global ‘wealth, power, and influence’
A.I. “has become a proxy in the battle for primacy between China and the U.S.,” says Kerry Brown, director of the Lau China Institute at King’s College London, and “whoever inches ahead in this form…