Experts have drawn parallels between Beijing’s position on Hamas’ attack on Israel and Russia’s invasion of Ukraine.
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China Refuses To Condemn Hamas As Israeli-Palestinian Conflict Widens
China’s economy is so uncertain that the wealthy are turning to an underground network to secretly move cash out of the country
Money advisors in China have directed some clients to a quasi-banking system, sometimes at the risk of serious jail time, Bloomberg reported.
After Criticism from Schumer, China Condemns Attacks on Civilians
China’s Foreign Ministry toughened its statement on the Hamas attacks on Israel—but only a bit—after drawing criticism from Senate Majority Leader Chuck Schumer. Schumer, in a meeting with China’s …
During rare China trip, Schumer criticizes country’s initial reaction to Hamas attack on Israel
The Senate majority leader also urged Beijing to use its relationship with Iran to not let the violence spread.
What’s the state of China’s digital yuan in 2023?
Uptake of China’s central bank digital currency is on the rise, with transactions and total value far beyond 2022 levels Various applications are being tested or have already been implemented, including integration with international credit…
US Senate Majority Leader Schumer criticizes China for not supporting Israel
U.S. Senate Majority Leader Schumer says he is grateful for a stronger statement from China condemning the deadly Hamas attack on Israel issued during his visit to Beijing that included a lengthy meet
Ag Markets See Risk Off Selling with Israel Attacks, Harvest Pressure and Report Positioning: Wheat Higher on China Export Talk
Wheat holds gains on talk of China export buys. Randy Martinson, Martinson Ag has more. The attack on Israel by Hamas adds urgency to GOP efforts to elect a new House speaker. The need to…
South Korean firms get indefinite waiver on US chip gear supplies to China
Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely without separate U.S. approvals, South Korea’s presidential office and the companies said on Monday.
Biden Administration Greenlights Samsung and SK Hynix’s Expansion in China Despite Prevailing Restrictions
The Biden administration has granted Samsung Electronics Co (OTC: SSNLF) and SK Hynix Inc, the world’s two largest memory makers, permission to acquire the equipment essential for maintaining and …
Citi sells China wealth business as part of international consumer retreat
Citigroup is winding down consumer businesses in certain parts of the world as part of an effort to simplify the giant bank.
Investors warn Evergrande could face an ‘uncontrolled collapse’ that would be a disaster for China’s property sector
The troubled developer cancelled a $19 billion debt restructuring. Investors in its bonds say the move could ripple through the entire sector.
Hands off China! The country has become a hot potato for investors. Are they right to be afraid?
The Chinese stock market has not kept up with Western stock exchanges. Government measures have not yet been able to win back investor confidence. What should investors do?
Samsung and SK Hynix Get Indefinite Waiver to Import U.S. Tools to Chinese Fabs
Memory makers Samsung Electronics and SK Hynix have secured a continuous green light from the U.S. government to equip their Chinese plants with U.S. chipmaking equipment without …
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