Chinese markets’ rally has been gaining steam, and market watchers are expecting it to outperform its American counterparts as U.S. exceptionalism sputters.
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China markets are set to outperform Wall Street as U.S. ‘exceptionalism’ comes to a pause
Tencent’s AI push could fuel China stock rally—but BoFA sees a correction coming
However, while Tencent is making moves, Bank of America (BoFA) is warning that China’s stock rally might not last. Alibaba’s Hong Kong-listed stock has …
China set to keep lending rates steady on positive signs for economic recovery
China is expected to leave its benchmark lending rates unchanged on Thursday, a Reuters poll showed, as signs the economic recovery was gaining some momentum and persistently narrowing profit margins …
China says it hopes Japan will deliver on commitment to develop ties
China’s foreign ministry said on Wednesday it hopes Japan will take concrete action to uphold its commitment to fostering strategic and mutually beneficial ties with China, as relations between the …
Tracking China’s economy and commodity needs is getting harder
Until 2020, commodities traders and economists needed only a handful of data points to gauge the health and direction of China’s economy, and the volumes of raw materials needed to fuel the world’s …
Mitsubishi Electric to establish FA business headquarters in China
Wednesday said it will establish Mitsubishi Electric Intelligent Manufacturing Technology (China) Group Co., Ltd. in Suzhou, China, a key region for its factory automation systems business, on April 1 …
Trump’s cuts to US news outlets criticized for ceding ground to China, adversaries
U.S. lawmakers and rights advocates say the Trump administration’s drive to dismantle U.S. government-funded news outlets, including Voice of America and Radio Free Asia, is a major blow to Washington …
India snubs Bangladesh on medical visas, opening way for China
India is resisting pleas by Bangladesh to resume issuing normal volumes of medical visas, citing staffing shortages amid worsening ties, six sources said, giving China rare space to expand similar …
Xiaomi Plans to Expand Beijing EV Factory to Meet Surging Demand
Xiaomi Corp. is expanding the size of a planned second electric car factory in Beijing, according to a person familiar with the matter, after the success of its first model prompted billionaire …
Does America Face a “Ship Gap” With China?
In 2020, the Office of Naval Intelligence told Congress that Chinese naval ships are now “in many cases comparable” to their U.S. counterparts and that China was “quickly closing the gap” in design quality.
China delays approval of BYD’s Mexico plant, FT reports
China is delaying the approval for BYD to build a plant in Mexico over concerns that the technology developed by the electric vehicle maker could leak to the U.S., the Financial Times reported on …
Banking institutions in action to lift consumption
The nation’s banking institutions have a chance to respond to the policy directives aimed at boosting China’s consumer spending with loans and other retail credit solutions that can provide consumers …
China banks cut consumer loan rates to record low to spur demand
NEW YORK] Chinese banks are slashing rates on consumer loans to record lows as policymakers ramp up stimulus to stabilise growth and counter US President Donald Trump’s tariffs. Read more at The …