Crypto market sentiment has dropped to an over one-month low, as analysts warn of a potential Bitcoin (BTC) price correction below $50,000 as soon as this weekend. Crypto trader sentiment drops to …
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China’s Xi Is Making a Mistake. The World Will Pay For It.
Just about everyone has a view on China’s economictroubles … front is especially perplexing as virtually every Chinese growth engine—from investment to exports to household spending—sputters. Less quiet are commodity traders bidding down prices …
The Biden Administration Is Preparing to Bail China Out | Opinion
At a time when the world is looking to the U.S. for leadership on China, Washington should not give any indication that the U.S. supports the CCP.
Chinese major sportswear brands report strong growth in 2024 H1
BEIJING, Sept. 6 (Xinhua) — China’s top four sportswear brands – Anta, Li-Ning, Xtep, and 361 – all reported revenue growth in the first half of 2024, with their combined revenues surpassing the …
Jean Paul Gaultier owner Puig reports 26% drop in profit on weak China demand
By Corina Pons MADRID (Reuters) -Luxury beauty and fashion company Puig reported a steep drop in its first reported earnings as a listed company on Friday, citing weaker demand from Asia and costs …
China’s former top regulator calls for easing of IPO curbs to support market growth
“China’s financial system has a structural problem as companies … The remarks came as the mainland’s stock exchanges witnessed an 86 per cent plunge in initial public offering (IPO) proceeds between …
Decoding Economics: Will China’s ‘overcapacity’ lead to a flood of exports, hurting other countries?
There’s a raging debate taking place on whether overcapacity in certain industries in China will lead to a gush of low-cost exports from that country, swamping businesses in other countries. The worry is that with…
China to axe drug, device import tariffs in Hainan pilot zone to aid medical tourism
China will eliminate tariffs on imported drugs and medical devices in a pilot zone on its southern island province of Hainan, aiming to further stimulate domestic and international medical tourism.
Jean Paul Gaultier Owner Puig Shares Drop After Warning on China Challenges
Puig Brands’ first set of results as a public company sent shares to the lowest level since its listing in May, after the beauty group forecast further challenging conditions in China.
Reaction to China creating $230 billion brokerage powerhouse
Shanghai-based Guotai Junan Securities is set to acquire its cross-town rival Haitong Securities via a share swap, creating a state-backed sector leader with $230 billion in assets as Beijing tries to …
China’s Premier Signals Country Is Open to African Business
Premier Li Qiang signaled that China will open up more to businesses in Africa, comments likely aimed at fending off worries about a record trade surplus with the continent.Most Read from …
X is banned in Brazil and China, but Elon Musk is only in a spat with one. The secret? Tesla.
Elon Musk has been critical of Brazil’s decision to ban X on free speech grounds, but has long remained silent on China’s decision to do the same.
China-based startup initiates IPO process as Chinese AI chip market grows
Shanghai Enflame Technology, a Chinese AI chip company backed by Tencent, has recently filed its intention to IPO with the Shanghai Bureau of the China Securities Regulatory Commission.
