Asian equities ended a positive week higher on very light summer volumes in advance of Jerome Powell’s main event today in Jackson Hole. The US dollar was weaker overnight, though whether the US Fed cuts…
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Sullivan expected to lay groundwork for Biden-Xi meeting during China trip
White House national security adviser Jake Sullivan will travel next week to China, where he will discuss key global issues and look to set up another meeting between President Biden and Chinese leader Xi Jinping.
China to ‘vigorously, orderly’ expand sales of finished homes in property-sector overhaul
A successful trial in Zhengzhou will be expanded nationwide to give developers and projects ample funding, and to compensate homebuyers if developers go under.
China’s property market harbors great growth potential: ministry
Speaking at a press conference on Friday, Ni Hong, minister of housing and urban-rural development, said that China will focus on the task of providing the public with good housing, while revamping …
Sexy outfits worn by China shop boss over-excite men, spark rowdy scenes, force closure
A woman shop boss in China ignited a public scandal by wearing dresses that locals thought were too racy for a supermarket, which attracted crowds of excited men and she has been forced to close…
China’s Top Consumer Earnings Show Stocks Recovery Is a Ways Off
One by one, China’s biggest consumer companies are reporting revenue misses, upsetting expectations for a market recovery to take hold.
China’s stock woes: funds shun equities for bonds, ETFs, luxury homes in downbeat market
Chinese investors shun stocks amid economic uncertainty, preferring bonds, ETFs and luxury homes. Optimism is low despite government efforts to boost market confidence.
Beijing warns Manila over army build-up
The Philippines could “stir up trouble” at yet another “Chinese” island in the South China Sea, China’s state-backed Global Times reported, after what it said were Manila’s “provocative intrusions” …
What Is China’s Export Strategy That Has Caused Global Market Havoc?
China’s overproduction of goods like silicon wafers and steel is forcing international competitors out of business, leading to strained trade relations and raising the potential for a new global trade war.
China extradites alleged mastermind behind $14B crypto fraud scheme
China has announced the extradition of a suspect named Zhang from Thailand for his involvement in a multibillion-dollar crypto pyramid scheme. Zhang is allegedly the mastermind of the which has been in operation since 2012.
Binance dominates among Chinese crypto users, X provides guidance
Binance is the preferred cryptocurrency exchange for Chinese speakers, and social media platform X is the source of most of the information they use to make investment decisions, Hong Kong-based publication TechFlow found in a…
How Do You Change a Command’s Culture? This General Tried Being Direct About War with China.
In 2021, fresh off his previous role as deputy commander of U.S. Indo-Pacific Command, Minihan knew that a massive overhaul of the world order was potentially underway.
Sullivan travels to China to discuss upcoming meeting between Biden and Xi Jinping – Axios
US National Security Advisor Jake Sullivan will visit China, where he plans to meet with Foreign Minister Wang Yi, according to Axios. According to three sources familiar with the matter, this visit …
