Brokers have started recommending purchases of Chinese stocks, so I compared the performance of U.S. and Chinese stocks. Find the takeaways here.
Recent Posts
China’s yuan-centred payment network no match yet for US-dominated global financial system: experts
Little evidence that Russian institutions have used Cross-Border Interbank Payment System to evade Western sanctions over Ukraine invasion Yet Moscow’s situation a wake-up call for Beijing to bolster …
Beijing buys fewer chip-making machines
China’s purchases of machines to make computer chips fell 27% last month from a year earlier as the United States imposes new, sweeping sanctions to try and derail the country’s chip ambitions.
Under Joe Biden, the US trade war on China is only likely to get worse
These days, talk of Washington’s trade war against China seems to have faded, whether from headlines or in conversation. But the tariffs that former US president Donald Trump slapped on Chinese goods …
Protests erupt at iPhone plant in China over unpaid wages and COVID-19 exposure
Hundreds of workers at Apple’s iPhone factory in China protested over stressful and restraining COVID-19 restrictions as well as a lack of pay.
Lower China imports affect feedgrain export outlook
World feed grain demand is not good early in the 2022-23 crop marketing year, says an analyst. “There is a trend developing that China will take a lesser …
China’s continuing Covid-19 challenge
China is facing a fresh spike in Covid-19 cases. There were 28,127 fresh cases on Tuesday morning, of which 25,902 were without symptoms. It is reckoned that in the last three weeks, there have been…
Workers clash with police at iPhone factory in China
HONG KONG — Violent clashes erupted Tuesday night between workers and hazmat-suited police officers at China’s so-called “iPhone city,” where about half of Apple’s smartphones are assembled.
Surge in outbreaks tests China’s easing of zero-COVID policy
Cities are once again locking down thousands of neighborhoods and sending people into quarantine, even as local Chinese authorities are tasked with easing COVID restrictions.
China’s state banks seek to boost property sector with $30bn in credit lines
China’s state-owned banks have launched a concerted effort to strengthen the finances of the country’s struggling property developers, with more than Rmb220bn ($30.7bn) being announced on Wednesday in …
Beijing Urges Chinese Banks To Offer More Real Estate Loans
Chinese financial authorities on Wednesday urged the country’s banks to facilitate more lending to the real estate sector, in a new attempt at stemming a housing market crisis.
Crypto Faces More Bad News, Government Crackdown
A cryptocurrency analyst says watch out for a domino effect as New York’s governor signs a crypto-mining-moratorium bill into law.
Violent protests take place near an iPhone factory in China
Footage taken near a Foxconn factory in the streets of the Zhengzhou Airport Economy Zone showed large groups of people blocked roads during their protest.