The Chinese economy is facing a crisis that could potentially be more severe than the 2008 U.S. financial crisis, according to hedge fund manager Kyle Bass. The ongoing real estate market collapse in …
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China replaces its top securities regulator, moving to reassure investors and end a market slump
The head of the China Securities Regulatory Commission has been replaced in an apparent effort by Beijing to restore confidence in financial markets following a prolonged downturn.
Mexico overtakes China as the leading source of goods imported to U.S.
At the same time, the value of Chinese imports imports tumbled 20 percent to $427 billion. The last time that Mexican goods imported to the United States exceeded the value of China’s imports was in…
China dethroned as top source of US imports after 17 years, replaced by Mexico: census data
World’s second-largest economy also saw its share of American imports decline to 13.9 per cent in 2023, its lowest level in 20 years Total value of goods shipped from China to US fell by 20.3…
China’s stockmarket nightmare is nowhere near over
R unning China’s securities watchdog is a perilous job. A market rout can end your career, or worse. On February 7th, after weeks of stockmarket instability, Yi Huiman, the head …
Beijing warns of ‘heavy price’ for ‘obstructing China’s reunification’ with Taiwan as US, Japan stage military drills
Mainland Chinese mission in Tokyo issues the message after Japanese media report this year’s ‘Keen Edge’ exercise features mock Taiwan conflict with Beijing as ‘hypothetical enemy’.
Xi Jinping Personally Intervenes To Save China’s Stocks
Chinese leadership has replaced the head of their securities regulator as it seeks to shore up the country’s ailing stock market.
Where was most of America’s stuff imported from last year? Hint: It’s not China
Mexico sent $475.6 billion worth of goods into the US last year, a 5% increase from 2022. China, meanwhile, exported $427.2 billion worth of goods to the US last year, a 20% slump from 2022.
Mexico overtakes China as the leading source of goods imported to US
For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported to the United States.
China, Russia and Iran ‘attempting to illegally acquire’ US technology: DHS official
Iran, China and Russia are all “attempting to illegally acquire” U.S. technology, Mancuso said. Homeland Security Investigations is DHS’ law enforcement arm and within that, the IPR Center …
U.S. engineer contacted China before stealing missile tracking tech, DOJ says
The top federal prosecutor in Los Angeles said the engineer earlier offered to give China information that could aid its military.
‘Long and tedious journey’: companies sour on China outlook
Some of the world’s top food, drinks and tech companies have struck a sour tone about Chinese demand, deepening investor worries about damage to firms exposed to the country and Beijing’s ability to …
For First Time in Two Decades, U.S. Buys More From Mexico Than China
The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.