“There is a war of attrition now between the US and China, in investment and finance.” –With assistance from Ye Xie, Zijia Song, Wenjin Lv and Jenny Paris.
Tagged By banking
Alibaba Founder Jack Ma Returns To Public Life In Universities Outside Of Mainland China — SCMP
Alibaba Group’s billionaire main founder Jack Ma, who earlier in his career taught English, is returning to public life by accepting professorships in at least four schools outside of mainland China, …
Washington ensnares Yoon into geopolitical trap: China Daily editorial
US President Joe Biden and the Republic of Korea President Yoon Suk-yeol at an arrival ceremony on the South Lawn of the White House on April 26. ZHAO HUANXIN / CHINA DAILY . Repu …
How China Became a Wedge Issue Amid the US Debt Ceiling Nail-Biter
Both Democrats and Republicans have tried to use the specter of China to justify their own budget plans. Against the backdrop of a looming debt default, the U.S. House passed the Limit, Save, Grow Act…
Republicans demand answers from regulators on possible Chinese exposure of Americans’ financial data
Ind., sent a letter to financial regulators demanding answers on possible Chinese exposure of Americans’ financial data.
China financial data providers stop sharing key corporate information
Investors operating in China are facing a more challenging environment despite Beijing’s push to improve ties globally …
China’s international lending and developing world’s indebtedness increase: Report
China’s contribution to the global economy has not only increased but its international indebtedness also rose significantly, especially among the developing world, according to InsideOver. China …
Finance chief Paul Chan signals optimism about Hong Kong economy and predicts growth of up to 5.5 per cent this year if global situation remains stable
Chan upbeat about city’s prospects after Legco approves Lee administration’s first budget by 82-0 majority Finance secretary says more support for domestic consumption on the cards as city fights to …
US envoy to China says next steps to improve relations are up to Beijing
US doors are open, the US is waiting and it is up to Beijing to make the next move to improve relations, Washington’s senior diplomat in China said on Tuesday. Ambassador Nicholas Burns, a …
Starbucks earnings beat as China reverses same-store sales declines
In China, the company’s second-largest market, Starbucks saw its same-store sales increase for the first time since Starbucks’ fiscal third quarter in 2021 as customers returned to its cafes following …
China Isn’t Going to Save the World This Time, Macquarie Says
China will avoid a massive stimulus injection to boost its post-pandemic economy like the one delivered after the 2008-09 global financial crisis as it has learned its lesson, said Ric Deverell at …
The Fed is the ‘bull in the china shop’, says Hayman’s Kyle Bass on banking crisis
Kyle Bass, Hayman Capital Management founder and CIO, joins ‘Last Call’ to discuss the Federal Reserve’s credibility, the regional banking crisis, and more.
Billionaire Kwek Leng Beng’s CDL Unit Launches M Social Hotel In Suzhou, Eyes China Expansion
Singapore-headquartered Millennium Hotels and Resorts—controlled by real estate billionaire Kwek Leng Beng—has opened M Social Suzhou this week, marking the maiden foray of it its millennials-focused hotel into China,
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