China’s exports fell in March in a blow to hopes that global demand would continue to help drive growth in the world’s second-largest economy. Exports shrank 7.5% in dollar terms in March from a year…
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China’s yuan is performing way better than US’s dollar right now
The financial tables have turned with the Chinese yuan now leading over the US dollar in trading figures out of Russia, a significant shift in the global
Election 2024: The United States Is Facing a Second China Shock
I look at what the presidential contenders are saying about foreign policy. This Week: China’s effort to solve its economic woes by doubling down on exports is creating a policy
Multinational corporations confident with China’s opening-up
Benefiting from China’s opening-up in the past few decades, multinational corporations keep their strong confidence towards the development prospects in the China market in the years to come, according to senior executives of multinational companies.
Rising Tensions in the U.S.-China AI Arms Race
US-China technology war further enhances the wedge between the Two Poles, thereby widening the chasm that is an outcome of the growing divide.
Could Hong Kong See Spot BTC and Spot ETH ETFs on Monday? ‘Bitcoin Sign Guy’ Sells His Bitcoin Sign
“CoinDesk Daily” host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Bloomberg report that says investors could see approval as early as next Monday for spot bitcoin and spot…
The cost of imports from Asia and North America are moving in opposite directions
Automotive products and energy from North America got a bit more expensive, while currency issues hit Asian consumer goods and electronics.
US says China is boosting Russia’s war machine in Ukraine
China is supporting Russia’s war effort in Ukraine by helping Moscow ramp up its defense production through large amounts of machine tools, microelectronics, drone and cruise missile technology, senior U.
‘Low price’ is the word at China’s largest trade show
U.S. and EU officials are concerned their own industries won’t be able to compete with China’s vast industrial capacity driving down prices. But deep and prolonged factory gate deflation has become a concern domestically as…
Luxury goods industry braced for trouble as slowdown in demand from China hits sales
The luxury goods industry is braced for trouble as a slowdown in demand from China hits sales. LVMH will be the first major player to shed light on business when it updates investors next week.
Xi Jinping’s chief of staff urges business mogul to boost US-China ties at ‘critical crossroads’
Cai Qi, China’s No 5 official, holds rare meeting with influential American businessman John Thornton, who was granted unprecedented access to the country during Covid-19 era.
Dave McCormick’s former company invested in Chinese manufacturers of military equipment: Report
While McCormick was CEO or co-CEO of Bridgewater Associates, the hedge fund held more than $200 million in stock in at least 20 Chinese companies that were later sanctioned by the United States for …
China March iron ore imports edge up, steel exports near 8-year high
China’s iron ore imports in March rose about 0.5% from a year earlier, customs data showed on Friday, amid expectations that demand will pick up after the Lunar New Year holiday break as steelmakers …