The Federal Reserve has repeatedly been a key component in boom and bust events in the global economy since the 1920s. China is the latest example.
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China’s gold imports slow as record prices dent appeal
Gold futures retreat from record highs but remain above $2,400 on safe-haven interest and prospects of US interest rate easing.
China ramps up de-dollarization efforts by dumping a record amount of US bonds
China unloaded a record volume of US bonds in the first quarter, escalating the country’s pivot from dollar-denominated assets. According to US Treasury data cited by Bloomberg, Beijing sold $53.3 …
Roundup: California businesses bullish on China’s booming market
LOS ANGELES, May 21 (Xinhua) — The 2024 China-California Business Forum was held Monday at the historic Millennium Biltmore Hotel in Los Angeles, and the buzz on the packed floor was that California …
Trade Winds Turning: 3 Stocks Poised to Gain from Biden’s China Tariffs
InvestorPlace – Stock Market News, Stock Advice & Trading Tips The White House recently confirmed increased tariffs on various Chinese goods.
What Slowdown? These China-Focused ETFs Are Outpacing the S&P 500
Some China-focused exchange-traded funds are outperforming the S&P 500 in 2024 after a series of regulatory measures and government stimulus brought foreign and domestic investors surging back.
Mayors travel to China to promote economic strengths, attract investors
Businesses in China may have never heard of East Contra Costa County, but they soon will as a small group of Bay Area mayors, including ones from Antioch and Oakley, are visiting this week to…
Despite US-China Tensions, Baidu Boosts Ties with Apple and Tesla For Major Role in AI and Autonomous Tech
Baidu Inc (NASDAQ:BIDU) is forming tighter connections with U.S. tech giants like Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA), leveraging China’s overseas data transfer restrictions to expand its focus beyond its traditional search business.
Import tariffs ‘inevitably’ making US inflation worse, China commentary says, as consumers and firms continue to foot the bill
Increased use of imports tariffs by the United States, including on Chinese goods, have only worsened its own inflation, while Washington’s anti-globalisation and decoupling stance is a threat to the …
Biden’s China Trade War: Could It Threaten The Green Transition?
A trade war on China’s green tech could harm America’s response to climate change, a Chinese solar exec has warned, as global heat once again breaks all-time records.
China’s cloud computing sector sees massive AI model price cuts by Alibaba and Baidu: Here’s why
Alibaba and Baidu drastically cut prices on their large-language models, intensifying China’s cloud computing price war. Alibaba’s reductions reached 97 percent, and Baidu made its models free for …
Laptop, tablet imports from China surged 47% to $273.6 million in March
With the import monitoring system now in place, the government is able to collect data about specific products coming in from different sources …
German consumer is poor substitute for China trade
The German economy has grown at a slower pace than the rest of Europe since 2021, and its prospects don’t look any brighter. A flicker of hope comes from private consumption, but that won’t be…