Australia announced almost A$500 million ($360 million) in funding to boost output of critical minerals, aiming to diversify supply for its allies and counter China’s dominance of the global market.
Tagged By banking
Beijing Rail Owner Weighs $1.9 Billion Hollysys Bid
The state-owned operator of Beijing’s railway and subway is considering a bid for Hollysys Automation Technologies Ltd. that could value the U.S.-traded Chinese firm at as much as $1.9 billion, people …
China’s 315 Gala puts the spotlight on live-streaming market abuses as US$188 billion industry continues to attract Beijing’s ire
This year’s show focused on fraudulent practices in the country’s US$188.3 billion live-streaming sector, which has attracted Beijing’s scrutiny.
China Stock Market Due For Support On Wednesday
The China stock market has finished lower in consecutive trading days, plunging almost 250 points or 6.6 percent along the way. The Shanghai Composite Index now rests just above the 3,060-point …
China Embedded Finance Markets Report 2022: Fintech Revolution Continues to Gather Momentum – Market Players are Entering into Strategic Partnerships
The “China Embedded Finance Business and Investment Opportunities Databook – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been added to …
Economic Watch: China confident on annual growth target despite headwinds
China is confident that it has the necessary conditions to deliver this year’s economic targets through hard work despite the protracted pandemic and mounting challenges, an official said Tuesday. In …
US has told allies that China is open to providing financial, military aid to Russia
The United States has reportedly told European and Asian allies in a diplomatic cable that China has expressed some willingness to provide financial and military aid to Russia, CNN reported citing a U …
China hedges against geopolitical shock
In terms of geopolitical impact, nothing could be more important than the United States’ shift from strategic cooperation to strategic competition with China. This change has da …
Gulf bourses fall on worries over China’s rising COVID cases
Most stock markets in the Gulf ended down on Tuesday, with the Saudi index extending its losses to a fifth session, on concerns over surging COVID-19 cases in China.
U.S. and Allies Tell China to Stop Supporting Russia’s War in Ukraine
America’s transatlantic ally Britain, aligned against Russia’s invasion of Ukraine, is now calling on China to stop supporting Vladimir Putin’s actions.
China’s Goal With Putin Is to Resist U.S. Without Economic Pain
China’s support for Russia in the war in Ukraine is showing its limits as the domestic costs for President Xi Jinping start to outweigh the benefits of confronting the U.S. Most Read from …
China bond yield rises most in 2 months after PBOC keeps rates unchanged
China Government Bond yield jumps almost 6 basis points, the most in two months, to 2.85% after the country’s central bank unexpectedly kept the interest rate on …
Five Charts Showing the Brutal Two-Day Selloff in China Stocks
This week’s meltdown in Chinese stocks is drawing comparisons with the rout seen during the global financial crisis, with the depth and breadth of the two-day selloff leaving investors few places to …
