U.N. Secretary-General António Guterres has said that a U.S.-China Cold War would be “dangerous and more difficult to manage” than past conflicts.
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US markets suffer sharpest drop since mid-May in losses sparked by China refusal to bail out indebted property developer
Wall Street has suffered its sharpest drop since May as the S&P 500 fell 1.7 per cent, and the Dow Jones Industrial Average closed down 614 points, or 1.8 per cent. The tech-focused Nasdaq also…
Covid-19: China to donate 100 million vaccine doses to developing countries by end of 2021
China will donate 100 million Covid-19 doses to developing countries by the end of 2021, Chinese president Xi Jinping promised.
White House denies UN chief’s claim of ‘dysfunctional’ US-China relationship – live
Press secretary Jen Psaki says ahead of general assembly meeting: ‘Our relationship with China is one not of conflict but of competition’ …
Fortunes Tumble From Seattle to Shenzhen in $135 Billion Wipeout
A global rout in stock markets sparked by concerns over Group hit the world’s biggest fortunes Monday, with the richest 500 people losing a combined $135 billion. Tesla Inc.’s Elon Musk led the …
Evergrande is rattling the markets — and putting Beijing to the test
Evergrande is shaping up to be one of the great corporate collapses of modern times. Maybe not quite up there with Lehman Brothers, but certainly on a par with …
The global economy could feel the effects of China’s Evergrande crisis. Here’s what investors should know
Strategists do not now expect financial contagion from the crisis at a large Chinese property developer, but they do say there could be economic impact.
Stocks drop the most since May on worries over China, Fed
U.S. stocks had their biggest drop since May as traders worried about potential ripple effects if a heavily indebted Chinese real estate company defaults and the likelihood that the Federal Reserve wi …
Wall Street extends global slump on China fears
September is living up to its reputation as being the worst month for the stock market all year. On Monday U.S. stocks sank in the biggest sell-off in months as investors worried that trouble in…
Coinbase drops as crypto joins broader markets in steep sell-off on China fears
Coinbase fell as much as 5.7% on Monday amid a broader sell-off in the crypto and stock markets. The dip in Coinbase shares coincided with steep drops in the prices of nearly all major …
Bad for business: WB China rigging scandal rattles investors
Economists said such reports – by the World Bank and others – were useful but had long been vulnerable to manipulation.
Hong Kong and Shenzhen must work more closely on developing legal services, says Chinese vice-premier
The Chinese state leader overseeing Hong Kong affairs and the creation of the Greater Bay Area has urged closer cooperation between the city and neighbouring Shenzhen in developing legal services, …
China can’t rely on its stealthy J-20 fighter to rule the skies, experts say
The J-20’s reliance on Russian engines and China’s lack of strategic transporters will limit the fighter jet’s influence, observers say.
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