Diane Brady on Xi Jinping’s turn toward the tech sector. The big story: U.S. and Russia in talks on Ukraine. The markets: Treading water. Analyst notes from Goldman Sachs (on the U.S. economy), Apollo …
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Analysis-Xi’s new frontline corporate guard showcases his priorities, control
When President Xi Jinping hosted entrepreneurs at a rare meeting in Beijing in 2018, the executives granted coveted front-row seats came from industries ranging from high-tech to energy, and few were …
China’s Sany Heavy Industry eyes US$1.5 billion Hong Kong IPO, sources say
Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two people familiar with the matter said on Tuesday. The people could not be named as…
Xi Jinping gave China’s big tech companies a personal stamp of approval
At the Monday meeting, Xi urged the executives to “show their talent” and pledged to support private businesses.
Jack Ma’s return – A bold signal of Beijing’s confidence in China’s private sector
The significance of Jack Ma’s appearance at this meeting cannot be overstated. Once seen as the face of China’s private sector, Ma’s public image took a sharp hit after a fallout with Beijing in 2020.
Xi Is Making the World Pay for China’s Mistakes
Trump’s tariffs are bad enough, but Xi is fundamentally distorting world trade to dig China out of the hole its economic decisions have created.
Emerging-market equities hit 3-month high as China’s tech-fueled by DeepSeek AI
Emerging-market equities hit a 3-month high as Tencent’s DeepSeek AI integration boosts sentiment. Xi’s meeting with business leaders sparks optimism for China’s market reforms. Ukraine peace talks …
Xi’s embrace of China tech CEOs spurs hope of big economic shift
While the summit signals a softer stance toward the private-sector, years of regulatory whiplash has taught firms their success depends on aligning with Beijing’s priorities …
China’s Love Affair With Luxury Has Cooled
A sluggish economy, an austere political mood and the feeling among some consumers that pricey brands are passé have combined to end the boom that propelled the industry in recent years.
Global Backlash Grows Against China’s Cheap Steel Exports
The recent suspension of a Chinese steel maker’s permit by the Kenya Bureau of Standards (KEBS) for supplying low-quality steel has sparked a controversy and highlighted the concerns …
How will Trump tariffs on China, Canada, Mexico hit Mississippi business and industry?
The Mississippi economy relies on trade with Canada, Mexico, China. What will happen when Donald Trump tariffs hit the state?
China could delay Tesla FSD license to use Musk and DOGE to gain leverage in Trump conversations
Tesla Inc. is facing a potential delay in acquiring approval for its full self-driving (FSD) technology in China as trade tensions between China and the US …
Congo emerges as China’s strategic copper supplier
China is reaping the rewards of its massive mining investment in the Democratic Republic of Congo in the form of surging imports of physical copper.