A look at the day ahead in Asian markets from Jamie McGeever.Asian markets will likely open on the front foot on Monday, following Wall Street’s whoosh higher on Friday, but a raft of Chinese economic…
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The Commodities Feed: China’s 2023 growth target underwhelms markets
The commodity complex came under pressure this morning as China set a modest economic growth target of 5% for the year with no announcement of any …
China Jan-Feb trade likely contracted again as global economy slowed – Reuters poll
China likely again exported and imported less in January-February than a year earlier, backing policymakers’ fears that a slowing global economy could drag on growth at home, a Reuters poll showed on …
Beijing has ‘really serious’ headwinds but this year is a bit like 2021, professor says
Michael Pettis, professor of finance at the Guanghua School of Management at Peking University, says he’s expecting “enormous growth mostly as a partial reversal of the horrible previous year.” …
China takes a cautious approach to its economy in 2023
China’s leaders struck a cautious tone about the outlook for the country’s economic rebound, after ending most Covid restrictions on business activity.
German chancellor doubles down, warns of ‘consequences’ if China sends arms to Russia
German Chancellor Olaf Scholz warned of ‘consequences’ should China move forward with sending arms and ammunition to assist Moscow in the ongoing Ukraine-Russia War.
China Says US Trying to ‘Deprive’ It of Right to Develop in Tech Row
China said the U.S. is trying to deprive it of developmental rights and perpetuate its own hegemony, the Chinese foreign ministry said on Monday. Spokesperson Mao Ning made the remarks in response to …
Investor Mark Mobius complains his money is stuck in China
I can’t get my money out. The government is restricting the flow of money out of the country,” said the veteran investor.
Taiwan warns of China military’s ‘sudden entry’ close to island
Taiwan Defence Minister Chiu Kuo-cheng warned on Monday the island has to be on alert this year for a “sudden entry” by the Chinese military into areas close to its territory amid rising military …
Keep China and America’s enemies away from our college kids
Communist China has invested millions of dollars in Confucius Institutes at universities across the U.S. They are a front to interfere in America’s higher education.
Oil down on China outlook, spotlight on Powell testimony
Oil prices slipped on Monday after China set a lower-than-expected target for economic growth this year at around 5%, and as investors cautiously awaited U.S. Federal Reserve Chair Jerome Powell’s …
Fidelity, Neuberger Berman latest foreign entrants in China’s US$3.7 trillion mutual-fund market
Plan to build a diversified financial-services company in China, with a strong footprint in pensions and asset management, Fidelity executive says US asset manager Alliance Bernstein also given the go …
Financial parasitism and the war drive against China
The political establishment, both the Democrat and Republican parties, as well as state intelligence agencies and numerous imperialist think tanks have made it clear that high-tech development in …