The largest crypto in market value hovers above $24.4K as investors mull Silvergate’s troubles but also likely encouraging economic data from China. ALSO: CoinDesk columnist David Z. Morris considered …
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Morning Bid: China sets out economic, political, military vision
Before that however, investors have a deluge of headlines from China this weekend to digest. The annual session of the National People’s Congress, and reports from the finance ministry and state …
China’s economy has kicked off the year of the rabbit with a worthy bounce
Nathaniel Taplin, “China’s Post-Covid Bounce Has Arrived,” Wall Street Journal, March 1, 2023. Silvergate Capital, one of the crypto market’s top banks, said that recent events leave it at risk of …
GOP senators lead charge on revoking China’s trade status, but policy crackdown could hurt consumers
China’s antagonistic foreign policy and manipulative economic practices have Washington lawmakers rethinking the decades-old preferential trade treatment that the U.S. bestows on the communist regime.
Trump calls for more tariffs on China
President Trump escalated his attacks on China at CPAC last night, testing his ability to move the U.S. toward a more confrontational approach on trade with the communist nation.Why it matters: The …
China sets lowest growth target in decades as COVID lockdown effects linger
China set its lowest annual growth target in decades on Sunday, pushing for an economic expansion of just 5%. China’s economy grew by 3% last year, well short of its goal.
ChatGPT has thrown gasoline on fears of a U.S.-China arms race on AI
The race to develop the next generation of AI isn’t just between tech companies like Microsoft and Google — it’s also between nations, which are working furiously to foster and develop their own …
One Year After Russia Mega Sanctions, Senate Asks ‘Can We Do Same To China?’
At a Senate Banking Committee hearing on Feb. 28, many lament America’s inability to sanction China like Russia.
China to accelerate opening-up drive to attract foreign investment: Premier Li
China is set to accelerate efforts to attract and utilize more foreign investment, Chinese Premier Li Keqiang said in his Government Work Report delivered on Sunday, on behalf of the State Council to …
Billionaire investor Mark Mobius says he cannot take money out of China -FOX Business
Billionaire investor Mark Mobius told FOX Business he cannot take his money out of China due to the country’s capital controls, cautioning investors to be “very, very careful” about investing in an …
China sets modest growth target of about 5% as parliament opens
China set a modest target for economic growth this year of around 5% on Sunday as it kicked-off the annual session of its National People’s Congress (NPC), which is poised to implement the biggest …
China to intensify efforts to attract, utilize foreign investment
BEIJING – China will intensify efforts to attract and utilize foreign investment, according to a government work report submitted Sunday to the national legislature for deliberation. China will expand …
China expands int’l economic, trade cooperation to deliver mutually beneficial outcomes
Over the past five years, China remained committed to opening up wider to the world and expanded international economic and trade cooperation to deliver mutually beneficial outcomes, said a government …