China has formally joined a South American trade bloc as an observer in a move analysts said would strengthen its strategic foothold in the region and help power industries ranging from artificial …
Tagged By finance
China quietly funnels billions to Iran through secret oil-for-concrete scheme, bypassing U.S. sanctions
China has found a clever way to keep buying oil from Iran, even though U.S. sanctions are designed to block such deals. This secret arrangement allows billions of dollars in oil payments to flow to…
Blocked from the US, Chinese techs bet on Europe for self-driving push
Blocked from the U.S. market, Chinese self-driving technology firms are accelerating their push into Europe, setting up headquarters, striking data deals, and road-testing – prompting alarm from local …
How China secretly pays Iran for oil despite US sanctions
US sanctions are intended to make it practically impossible to pay Iran for oil. But China, Iran’s biggest buyer, has evaded the controls with a solution involving a workaround that allows billions of …
Hong Kong strengthens role as China’s financial springboard, says UBS China chief
In the first instalment of a six-part series about financiers who act as mainland China’s Capital Connectors with the world, UBS Securities’ chairwoman Janice Hu talks about the opportunities and …
How China is challenging Nvidia’s AI chip dominance
Nvidia CEO Jensen Huang said China is “nanoseconds behind” the US in chips [] The US has dominated the global technology market for decades. But China wants to change …
China Financial Leasing Group Announces New Share Subscription
An update from China Financial Leasing Group Ltd ( ($HK:2312) ) is now available. China Financial Leasing Group Ltd has announced a subscription …
Crisis grips China as nation on brink of property market ‘death spiral’
Chinese stock markets are putting on a brave face and have recently gone up thanks to a push from the government. Still, the Chinese property market is in what Newsweek is calling a “death spiral”…
Golden Week in the Car Market | Local Auto Shows Attract Customers, Car Companies Offer ‘One Price’ to Boost Sales
Reporters from the Beijing News Shell Finance noticed that in addition to subsidies, car companies at the auto shows also offered promotions such as ‘one price,’ ‘package price with low down payment,’ …
Bessent Sees China Progress as Soy Fight Echoes Rare Earth Spat
The most important thing we’re going to see” is a pull-aside meeting of Presidents Donald Trump and Xi Jinping at a regional summit in South Korea scheduled for late October, Bessent said in an …
Why Alibaba Stock Climbed 32% in September
First, momentum from its June quarter earnings report at the end of August seemed to carry over to the beginning of September as Alibaba received several price target hikes and bullish analyst notes, …
US to support soybean farmers amid China lag, expect news Tuesday, Bessent says
U.S. Treasury Secretary Scott Bessent said on Thursday that the federal government would support American farmers in light of China’s refusal to buy soybeans and that an announcement would be made on …
China’s overseas EV shifts and a Tenstorrent exclusive
China Labor Watch found that more than half of the estimated 200,000 workers employed during peak season at the world’s largest iPhone factory, run by Foxconn in Zhengzhou, are seasonal staff known as …
