Sean Darby, chief global equity strategist at Jefferies, discusses China’s markets, the economy and where he’s finding opportunity. He speaks on “: China Open.” (Source: Bloomberg) …
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China Natural Resources To Acquire Precise Space-Time Technology
Strategic Deal Further Diversifies Business HONG KONG, July 28, 2021 /PRNewswire/ — China Natural Resources, Inc. (NASDAQ: CHNR) (the “Company”) announced today that it …
Expect More Crackdowns From China—and Risks for Investors
The risks of investing in China are front and center as Beijing tightens control over its biggest companies and the U.S-China relationship continues to fray.
China Considering Imposing 10-25% Tax on Steel Exports
After 30% YoY surge in Chinese steel exports in H1 of 2021 to 37.4 million tonnes, the news of Chinese government imposing a tax on steel exports to cool export is in forefront recently and…
China sees 78.1 million smartphone shipments in Q2 2021; Vivo becomes the leading smartphone brand
International Data Corporation (IDC) has today released a new report revealing data for the smartphone shipments in the second quarter of this year for the Chinese market. It claims that about 78.1 …
Starbucks shares fall on reduced China outlook
Starbucks shares fell 3% in the after-hours session after the company lowered its sales growth forecast for China, its second-largest market outside the U.S. The Seattle-based coffee giant said its …
China floods: Sports brand Erke gear flies off the shelves after US$7.7 million donation to Henan flood relief
A little-known brand in China is enjoying a boost in popularity after donating 50 million yuan to Henan flood relief efforts …
Global Investors Blindsided by China
Beijing’s moves have already wiped out $1 trillion in value from mainland and Hong Kong stocks this month alone. Investors now being split on whether that presents an opportunity to buy in. Bloomberg …
Mining Difficulty Expected to Increase for the First Time Since China Crackdown
Bitcoin’s mining difficulty may be set to increase for the first time since China’s crackdown on crypto mining in May. A rapid expansion of mining facilities in North America and the return of Chinese …
Why Beijing’s latest crackdown should worry foreign investors
China is going after holding companies, usually based in tax havens such as the Cayman Islands, that are designed to get around strict rules on foreign investors in key sectors, including education.
IMAX China Profit, Revenue Rebound As Theaters Reopen
Revenue increased to $53.4 million, up from $6.3 million, the company said in a statement today. More than 90% of IMAX’s theaters in China, the world’s most populous country and second-largest economy …
As China’s population ages, the world’s factory struggles to recruit young migrant workers
For a new generation of Chinese migrant workers, low-paid and labour-intensive factory work no longer has the same appeal as it did for their parents.
Flood-relief donation lifts struggling Chinese brand out of financial funk
Erke is an also-ran sneaker and sportswear brand, but a low-key donation for emergency aid to flood-struck Henan Province was noticed by online shoppers and social media users who started a buying …