“Most important, we should not delude ourselves with the fantasy that China is going to fall under its own weight,” Steven Rattner wrote.
Recent Posts
South Korea exports fall for 8th month but pace eases for chip, China shipments
South Korea’s exports fell for an eighth straight month in May in annual terms, but the pace was slower than expected with signs that the worst had passed for chip and China-bound shipments. Overseas …
China to improve combating, prevention of securities market crimes
China’s Ministry of Public Security has issued a circular to improve the combating and prevention of crimes in the securities market, and to ensure the sound implementation of the registration-based …
Wall Street faces life in China’s second tier
Jamie Dimon is this week experiencing in person the conundrum of doing business in China. The JPMorgan boss flew into Shanghai to head up a trifecta of confabs the U.S. bank is hosting in the…
Vivek Ramaswamy says Elon Musk’s visit in China to oppose decoupling is ‘deeply concerning’
Republican presidential candidate Vivek Ramaswamy said he was “deeply concerned” about Elon Musk visiting with China’s foreign minister and opposing decoupling.
Analysis-Struggling China local governments find a fundraising loophole, lifeline in “pearl bonds”
China’s cash-strapped local governments have suddenly rushed to an unusual corner of the debt market in Shanghai where ambiguous rules offer ways to skirt restrictions on onshore borrowing.Some …
China Xi Jinping tells national security team to prepare for ‘worst-case scenario’ as leaders warn of AI risks
Chinese President Xi Jinping held a meeting with other Communist Party leaders on Tuesday in which he warned his national security chiefs to be prepared for “worst-case” scenarios.
China’s factory activity swings to surprise growth in May – Caixin PMI
China’s factory activity unexpectedly swung to growth in May from decline, a private sector survey showed on Thursday, driven by improved production and demand, helping struggling firms that have been …
Elon Musk treated like a rock star during China trip: ‘He’s a global idol’
A lack of information did not stop an outpouring of enthusiasm for Musk on Chinese social media. “Elon Musk is just great, if only China could have someone like Elon Musk,” said one …
Small investors are souring on China’s recovery
The last great hope for China’s faltering post-pandemic rally is fading as the nation’s legion of small-time investors turns bearish on equities to double down instead on safer assets amid a …
China Renaissance chairman’s detention extended by 3 months, Economic Observer reports
The detention of Bao Fan, chairman of investment bank China Renaissance Holdings , has been extended for another three months beginning May 7, Chinese financial publication Economic Observer reported …
‘Granary of China’ braces for more wheat-damaging rain
China’s largest wheat-growing province of Henan is expected to be hit by more rain in the coming days, state weather forecasters said on Thursday, complicating efforts to harvest grain damaged by abnormally heavy precipitation in…
China’s 11.6m graduates face a jobs market with no jobs
With youth unemployment at a record high, the problem of overeducated young people is acute …