(Reuters) -Nvidia CEO Jensen Huang has warned that China will beat the United States in the artificial intelligence race, the Financial Times reported on Wednesday. “China is going to win the AI race, …
Tagged By financials
Trump’s Trade War With China Is Backfiring Spectacularly
Donald Trump’s tariff war with China is backfiring—with Beijing moving on to cut deals with the rest of the world instead. A New York Times analysis found that China is offsetting its decline in …
China’s green bond market races ahead of global peers
Most of China’s large sustainable projects are not funded by green bonds. According to the People’s Bank of China, the country has Rmb43.51tn ($6.1tn) of outstanding green loans, compared with about …
China to conduct 700b-yuan outright reverse repo operation
BEIJING — The People’s Bank of China said Tuesday that it will conduct a 700-billion-yuan ($98.75 billion) outright reverse repo operation on Nov 5 to maintain ample liquidity in the banking system.
Beijing’s full backing for Hong Kong on display at finance summit
Hong Kong has a role to play in global financial governance The Global Financial Leaders’ Investment Summit caps a momentous fortnight for Hong Kong’s affairs. After the city’s status as an …
A deeper dive into Fed rate cuts and China trade reveals these investing ideas
Between earnings surprises and rate-path uncertainty, any misstep in jobs or inflation data could reverse the positive course for U.S. stocks. Stay diversified, keep 20% to 30% of your portfolio in …
Beijing successfully offsets US trade war
Beijing appears to have successfully offset its trade war with the US, as the rest of the world buys more from China than ever. While exports to the US are down, China has made up…
China goes for financial overhaul, sets up new dept to headline govt debt fight
The new debt management department — now formally listed — will oversee the design and implementation of government debt policies, manage the issuance and redemption of government bonds, and help dete …
China sets up new department to spearhead government debt clean-up drive
The move comes as Beijing steps up efforts to clear up masses of ‘hidden debt’ accumulated by local governments.
Trump says no Blackwell chips to be sold to China — Nvidia re-entry into Beijing nixed despite temporary trade truce
Despite a trade truce, Trump has just made it clear that Nvidia’s flagship AI GPUs from its Blackwell lineup will not be allowed to be sold to China.
China VP hopes Hong Kong can strengthen financial links with mainland
Chinese Vice Premier He Lifeng said on Tuesday he hopes Hong Kong will strengthen co-operation with mainland China’s economic and financial sectors which would allow the city to enhance its status as …
China cuts gold tax exemption as state bank stops gold product enrolments
SHANGHAI (Reuters) -A Chinese state bank closed retail gold accounts to new investors on Monday, two days after Beijing tweaked a long-standing tax exemption for the metal that is likely to hit retail …
Global influence of Beijing’s Financial Street hits new high
The Annual Conference of Financial Street Forum 2025, held in Beijing from Oct 27 to 30, featured 38 high-level parallel events, drawing over 400 ministerial-level officials, leaders of international …
ADVERTISEMENT
