Asia Pacific follows closely at $4.5t. In the likelihood an extreme event was to affect China, it could result in economic losses of $4.6t over five years, according to Lloyd’s of London’s data tool.
Tagged By business
China’s Export Slump Eases as Beijing Tries to Boost Outlook
The drop in China’s exports moderated further in September, adding to cautious optimism that some parts of the world’s second-biggest economy are stabilizing.Most Read from BloombergIsrael Latest: UN Staff Given Evacuation Order for Northern GazaTop…
US is Doubling Down on AI Chip Exports to China, Leaving Consumer-Level Chips Alone
The U.S. is back at it again, this time tightening the screws on AI chip exports to China. According to insiders, new rules are on the horizon, aimed at stopping American chip companies from sidestepping…
Live news: China’s September exports contract less than forecast
China’s exports declined by less than expected in September, according to official figures released Friday, despite challenging global economic conditions and weak demand for manufactured goods. Exports fell 6.
China’s bulk commodity imports expand in first 9 months
[Photo/Xinhua] China’s bulk commodity imports expanded in the first nine months of 2023, data from the General Administration of Customs (GAC) showed. During this period, the country’s imports of …
Exclusive-US tackles loopholes in curbs on AI chip exports to China
The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a U.S. official said, as part of the Biden administration’s upcoming …
China’s robust imports of major commodities question weak economy view: Russell
China’s imports of major commodities remained resilient in September and paint a different picture to the market narrative that the world’s second-largest economy is struggling for momentum.
Exclusive-US aims to block AI chip export workarounds to China – US official
The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a U.S. official said, as part of the Biden administration’s upcoming …
China’s exports, imports slump narrows in September
China’s exports and imports shrank at a slower pace for a second month in September, customs data showed on Friday, adding to the recent signs of a gradual stabilisation in the world’s second-biggest …
UPDATE 1-Courier services startup J&T Express to raise $500 million in Hong Kong IPO
Indonesian courier services startup J&T Global Express said on Monday it planned to raise up to HK$3.92 billion ($500.97 million) in Hong Kong’s second-largest initial public offering (IPO) in 2023.
Morning Bid: Amid the fog, look out for China GDP this week
But the most important day could be Wednesday when Chinese unemployment, industrial production, retail sales and business investment figures for … How much damage will all that do to China’s growth …
Tune in: Asia’s crypto weekly round-up you can’t miss
Asia, the pulsating heartbeat of crypto innovation, never sleeps. And neither should you if you want to keep up. So grab a seat and brace yourself; there’s a week’s worth of drama, intrigue, and …
Crypto Finance Is a Speculative Scam That’s Worsening the Instability of Global Capitalism
Advocates of crypto claimed that it would liberate ordinary people from the constraints of big finance and state-backed money. In reality, it’s become a vehicle for high-risk financial speculation, …