The sub-index of the Hang Seng tracking energy shares rose 0.9%, while the IT sector climbed 0.07%, the financial sector ended 0.37% lower and the property sector dipped 1.05%. ** Around the region, …
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China sanctions 2 U.S. companies over ‘support for arms sales to Taiwan’
It wasn’t immediately clear what, if any, assets the companies have within China, which remains heavily reliant on foreign aerospace technology even as it attempts to build its own presence in the …
China Vanke shares, bonds fall after rating cut and government probe
China Vanke’s shares and dollar bonds dropped on Thursday after S&P stripped its investment-grade status and the developer confirmed reports that an executive was being investigated, adding to woes …
China’s state is eating the private property market
China’s private homebuilders are masters of supply chains … For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money Talks, our weekly subscriber-only …
An OpenAI investor says TikTok is China’s ‘programmable fentanyl,’ a CCP-controlled tool used to manipulate US citizens
“TikTok uses an algorithm powered by advanced artificial intelligence. And it is in the hands of the CCP,” says early OpenAI backer Vinod Khosla.
China says economy ‘stable’, rejects downgrade
China’s Finance Ministry denounced a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative, saying Wednesday that China’s deficit is at a moderate and …
China blasts negative item in debt report
China’s Finance Ministry denounced a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative, saying Wednesday that China’s deficit is at a moderate and …
CICC’s President, CFO Leaves Chinese Investment Bank After Half a Year
After an organizational reshuffle around the fourth quarter of last year, Wu Bo was named CFO and president of CICC in September and October last year, respectively. Wu worked for CICC for 20 years.
China Ramps Up Yuan Support as Fixing Tops Estimates by Record
China signaled continued support for its currency as broad strength in the dollar kept the yuan close to a policy no-go area.
China to step up financial support for green development
BEIJING — Chinese authorities have issued guidelines to strengthen the financial support for green and low-carbon development.
Analysis-What overcapacity? China says its industries are simply more competitive
The last day of U.S. Secretary Janet Yellen’s trip to China coincided with the strongest retort yet from Beijing officials over her claims that China is flooding global markets with cheap goods, …
Fitch cuts China’s ratings outlook on growth risks
Ratings agency Fitch revised its outlook on China to negative on Tuesday, citing increasing risks to the country’s public finance outlook.
Would America dare to bring down a Chinese bank?
One reason Russia’s defence industry has held firm is that, although America and allies have tried to cripple it, others have not. Many countries, including big ones, such as China and India, and …