Zheng Shanjie, chairman of China’s National Development and Reform Commission, pledged a raft of actions to bolster the country’s economy during a highly-anticipated press conference. But he stopped …
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Ares Is Said to Agree on Acquisition of GCP’s Ex-China Business
Ares Management Corp. has agreed to acquire GLP Capital Partners Ltd.’s operations outside of China, people familiar with the matter said, in what could rank as one of the biggest recent combinations in the alternative…
4 reasons why China’s blistering stock rally has another 20% to run, Goldman says
China’s stock rally could extend another 15% to 20%, Goldman Sachs says. The country’s equity indexes have jumped dramatically since Beijing announced major stimulus policies. Goldman highlighted out still-low valuations and diminishing risk as tailwinds…
China stocks rocket more than 10% at open after week-long break
Gains come ahead of a news conference by China’s top economic planner later in the morning. Read more at straitstimes.com.
China’s Policy Reversal Sparks ‘Mind Boggling’ Stock Rally
The government has fired up investors by encouraging banks to lend more to buyers of stock and real estate, but economists say more stimulus is needed.
China’s Pacific ally Kiribati criticises Beijing missile launch
SYDNEY, Oct 8 (Reuters) – The Pacific Island nation of Kiribati has issued rare criticism of China over last month’s launch of an intercontinental ballistic missile, saying the Pacific is not …
Australia detects the first case of the highly transmissible COVID-19 strain dubbed XEC
Australia has recorded its first cases of the XEC COVID-19 variant that has been spreading in Europe this year. Here’s what you need to know about XEC — the highly transmissible strain that has been…
Does China now have a permanent military base in Cambodia?
The Cambodian government has repeatedly denied such a possibility, citing its constitution which bans any permanent foreign military presence, and stating that Ream is open to use …
Europe braces for Chinese retaliation over EV import tariffs
The European Union is bracing for retaliation from China after the bloc voted last week to impose tariffs on the import of Chinese electric vehicles, or EVs, amid speculation that Beijing could seek …
Norfolk customs officers seize over $450k in dental supplies shipped from China
U.S. Customs and Border Protection (CBP) officers in Norfolk recently seized over $450,000 in dental supplies bound for Baltimore.
Tariffs Alone Won’t Counter China and Rebuild U.S. Industry | Opinion
T he upcoming U.S. presidential election looks set to be one of the most consequential in recent memory. Both sides view it as an existential struggle for the heart of America. On
US election, jobs data to pressure China’s yuan as stimulus shores it up: analysts
A stronger yuan could drag down China’s export growth, and the central bank is expected to guard against excessive appreciation.
Jensen Huang On China Sanctions – ‘We’re Exporting American Technology Which Is Really Terrific For The U.S.,’ Says Government Backs Nvidia
CEO Jensen Huang recently discussed the problems created by U.S. sanctions against China and how they are harming Nvidia’s business. While the tech giant is facing restrictions on exporting its most …
