China’s imports of manufactured items for its own use, rather than to make products for customers in other countries, amount to just 3.5 percent of gross domestic product, according to Setser. And …
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Miners boost FTSE 100 on China stimulus optimism
UK’s FTSE 100 advanced on Monday as mining stocks rose after China rolled out new measures to prop up its stuttering economy, while shares of the London Stock Exchange Group (LSEG) climbed on reported …
Arm IPO aims to raise US$5 billion to US$7 billion, down from its previous goal, as investors weigh China risks
The SoftBank Group-owned chip firm aims to raise US$5 billion to US$7 billion, and its valuation could end up in the range of US$50 billion to US$60 billion.
China court says virtual assets legally protected as properties
Virtual assets remain legal property protected by law in China, said a Friday report from People’s Court Daily.
China’s NDRC to Establish a Department for Developing Private Economy
Since July, Beijing has rolled out a cascade of policy packages to boost China’s ailing private businesses, pledging more financial support and legal protection. However, it has failed to prop up weakening business confidence, as…
China adds 15 million tons to 2023 fuel-export quotas in third batch
China has issued 15 million metric tons of oil products export quotas to companies in its third batch for 2023, according to three trading sources and two domestic consultancies.
Biden says disappointed China’s Xi will not attend G20 summit
U.S. President Joe Biden said on Sunday that he was disappointed that Chinese President Xi Jinping was not attending the summit of G20 leaders in India, but added that he was going to “get to…
Robert Kennedy Jr. reveals China’s intentions
Renowned U.S. presidential candidate Robert Kennedy Jr., the son of former U.S. Attorney General and Senator Robert Kennedy Snr., recently shared his perspective on China’s intentions and global …
China launches blockchain-powered data exchange
During the 2023 Hangzhou Summit held in Hangzhou, China, government officials unveiled a new data exchange powered by blockchain technology. Over 300 enterprises, including Alibaba Cloud and Huawei, …
Biden official says she confronted China over email hack in high-level visit after spy craft conflict
Chinese officials claimed to have no knowledge of a massive hack targeting the email of hundreds of thousands of U.S. officials, Sec. Gina Raimondo says.
Raimondo says US ‘trying to choke’ China’s military capacity with superconductor limits
Secretary of Commerce Gina Raimondo said in an interview that aired Sunday that the United States will not be selling its advanced superconductor chips to China for their “military
UBS Cuts VW Rating On China Threat; Company Says China Going Well
UBS cut VW to “sell” from “neutral”, saying it is the most exposed carmaker to China. VW said its activity in China was progressing. Profitability is its top priority.
China slows down – Asian economies feel the impact
There’s a whispering unease in Asia’s economic corridors. It’s not the wind; it’s the economic chill emanating from China’s downturn. With a decelerating growth rate, China, the juggernaut of the …
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