Caixin revealed that China’s manufacturing activity dropped to its lowest level since September 2022, while official PMI contracted for a second month in May.
Tagged By banking
Cash-strapped Beijing drinkers turn to unlicensed ‘home bars’
The proliferation of illicit bars is a reminder that the world’s second-largest economy was already suffering from weak consumption even before the tariff war.
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
HONG KONG (Reuters) -Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the growing offshore Chinese wealth …
China’s Rare Earths Grip Gives Xi Leverage in US Trade Duel
After the US and China agreed in Geneva to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.Most …
Trump tariffs live updates: China responds to Trump accusing the US of violating the trade truce
China responded to President Trump on Monday, accusing the US of violating their trade agreement and has vowed to protect its interests, making it less likely that Trump will get the leadership call …
Trump accused China of violating the Geneva deal and revoked student visas. China has threatened to retaliate.
China has angrily responded to Trump’s accusation that the country has violated the 90-day trade truce, and says it will protect its interests.
Stock Market Today: Dow Futures Fall; China Says U.S. Has ‘Seriously Undermined’ Trade Truce
Trump’s tariffs and the trade war continue to impact global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
China says US is ‘provoking frictions’ as tensions flare despite trade truce
China has accused the United States of “provoking new economic and trade frictions” as it responded to US President Donald Trump’s claims that Beijing had violated a trade truce agreed by the two …
Citi Names Bank of America Veteran Zhang as New China Country Head
HONG KONG (Reuters) – Citigroup said on Monday it had appointed Wenjie Zhang as its new country officer and banking head for China, after the exit of its former China head in November. Zhang was…
China robotaxis, Indian pharma among hedge fund top picks at Sohn Hong Kong
Hedge funds revealed their top investment ideas, ranging from Chinese self-driving taxis, an Indian drug retailer, to a Korean nuclear plant builder, at the annual Sohn investment conference in Hong …
‘Bogus, unreasonable’: China hits back at Trump’s ‘unjustified accusation’ of violating Geneva trade deal
While there were no explicit mentions of why accusations were made, a US Trade Representative complained that China had not sped exports of critical minerals …
‘This is a roller coaster ride’: How Trump’s tariffs turned the ‘TACO’ trade into Wall Street’s biggest debate
Ongoing US-China trade tensions and volatile policy shifts have left investors caught between betting on tariff deescalations and bracing for increased uncertainty.
China’s central bank injects 700 bln yuan of outright reverse repos in May
China’s central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright reverse repurchase tool, the bank said on Friday.
