China’s economic stimulus boosts markets with $140B injected into economy: JD, TCOM, BABA stocks have 37%-42% upside according to analysts.
Tagged By business
China’s gray market for crypto is booming, despite ban
Over-the-counter crypto trades are in the billions, reflecting ongoing interest in digital assets in the Middle Kingdom.
Benard Arnault added $6 billion to his net worth in a day after China’s stimulus sparked a rally in luxury stocks
Bernard Arnault owns about half of LVMH, which includes luxury brands like Louis Vuitton, Dior, Tiffany & Co., and TAG Heuer, among others.
China could be exporting a new good: Inflation
The move is also likely to have a distinct positive effect on base metals, as Chinese infrastructure spending is generally a large piece of stimulus packages. The building of roads, bridges, and …
Brooks Is Opening Its First Store In Mainland China. Here’s How it Plans to Grow Market Share There
Brooks has officially opened its first store in Mainland China. The more than 1,200-sq.-ft. store, located in the Kerry Center shopping mall in Shanghai, had a soft opening in mid-July, but celebrated its official grand…
China ‘firmly opposes’ proposed ban on connected vehicles
US warns that data collected by Chinese or Russian software in connected vehicles and autonomous vehicles could pose a threat to national security
China’s Stimulus Package: What You Need to Know
What is the stimulus package? Is it monetary or fiscal? Monetary: These are measures taken by the central bank, the People’s Bank of China, rather than tax-and-spending moves by the government. In fact,
India’s manufacturing incentives progress amid efforts to cut China imports
India’s cash incentives to boost domestic manufacturing have attracted over $17 billion of investment since the 2020 launch of the production-linked scheme, a government official said on Wednesday, …
China to US: stop ‘unreasonable suppression’ of our firms
China urged the United States on Wednesday to stop “unreasonable suppression” of its companies, in response to U.S. proposals to ban Chinese software and hardware in vehicles on its roads due to national security concerns.
Is China’s new stimulus a strategic pivot in policy or a tactical move? Analysts weigh in
Some analysts see ‘panicking’ among China’s policymakers, others point to a rising sense of urgency in fighting deflation.
China says it will investigate fashion firm PVH for suspected boycott of Xinjiang products
China’s Commerce Ministry says it will investigate the fashion company PVH, which owns brands like Tommy Hilfiger and Calvin Klein, for suspected violations of trade rules.
China urges US to stop ‘unreasonable suppression’ of its firms in latest auto row
China urged the United States on Wednesday to stop “unreasonable suppression” of its companies, in response to U.S. proposals to ban Chinese software and hardware in vehicles on its roads due to …
Why we invest in one of the world’s most valuable drinks brands that you may never have heard of
Baillie Gifford thinks the Chinese drinks brand has the key ingredients of an exceptional stock – here, it explains why.
