The euphoria was thanks to Beijing’s big-bang stimulus announcement, that showed urgency and concerted commitment to boost China’s ailing economy.
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Alibaba, Tencent rally as Beijing stimulus plans push China’s tech stocks to 13-month high
Chinese tech stocks including majors like Alibaba and Tencent rallied this week, pushing them to highs not seen in more than a year.
China Tariffs: US Deals Trade Blow to World’s No. 2 Economy
A spokesperson for the Chinese embassy in the U.S. told Newsweek about Washington’s “unilateralism and protectionism.” …
China’s factory activity seen extending declines in Sept: Reuters poll
China’s factory activity likely remained in contraction for the fifth consecutive month in September, as weak domestic demand and rising global trade barriers continue to dog the world’s …
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh moves to restore economic growth that some call …
Former defense minister set to lead Japan amid efforts to counter China’s growing power
As prime minister of the U.S. ally, Shigeru Ishiba will face anger over rising prices at home and an increasingly complicated security environment in the Asia-Pacific region.
Exclusive: Shanghai, Shenzhen to lift key home purchase curbs to boost market, sources say
Top Chinese cities Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential buyers and shore up their flagging real estate markets, four sources …
Chinese stocks on track for best week since 2008 after Beijing stimulus – business live
Chinese property stocks and metal prices also rally after stimulus measures aimed at faltering economy. Introduction: Chinese stocks on track for best week since 2008 after Beijing stimulus 07 …
Time to act against Beijing’s biotech threat
The US has already taken proactive steps with the BIOSECURE Act, aiming to safeguard its life sciences from foreign influence and control. The UK must follow suit. The dual-use nature of biotechnology …
Beijing directs fiscal firepower at itself
It’s been a busy week for Chinese officials. The government plans to issue special sovereign bonds worth about 2 trillion yuan ($284.4 billion), Reuters reported on Thursday, citing sources with …
China urges ‘active’ role by Mercedes-Benz in auto sector co-operation
The head of China’s powerful state planner met Ola Kallenius, chairman of the management board of Mercedes-Benz in Beijing, the agency said on Friday.
Finland Zoo Sends Pandas Back to China Early Due To Rising Costs
Due to the excessive costs associated with their care, two giant pandas leased from China and kept at a Finnish zoo were returned.
China’s newest nuclear-powered submarine sank earlier this year, US official says
China’s newest nuclear-powered submarine sank pierside in the spring and the Chinese Navy tried to conceal the loss, according to two US defense officials.
