Chinese Premier Li Qiang criticized the concept of de-risking at the World Economic Forum’s event in Tianjin on Tuesday. Wang Zhao—AFP via Getty Images Good morning, Peter Vanham here in Geneva, filling in for Alan.…
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‘Flood the economy’: China’s stimulus errors hurt stocks as funds flee to India, Japan, US markets, strategist says
Is there a case for China to flood its economy with stimulus? Beijing’s reluctance to pursue an ‘irrigation-style’ pump-priming is hurting the stock market, some strategists argue.
Can China Export Its Way Out of Its Economic Slump?
No country has had more export success than China. But Beijing faces risks in turning to the tested method of selling more abroad.
LVMH owner Bernard Arnault reportedly visits China after luxury spending rebound
Bernard Arnault, chairman and CEO of LVMH, has reportedly arrived in China for his first visit to the country since the end of its strict Covid restrictions, after his company posted a jump in sales…
China’s industrial profits tumble, deepening economic gloom
BEIJING (Reuters) -Annual profits at China’s industrial firms extended a double-digit decline … “The still slow recovery in industrial profits pointed to sustained difficulties facing business …
China, India to benefit most as Asia-Pacific decarbonisation play adds US$47 trillion to global economy by 2070, Deloitte says
Countries in the Asia-Pacific region could add US$47 trillion to the global economy by 2070 and create 180 million jobs by 2050, if they seize opportunities from decarbonisation, with China and India …
China’s Vehicle Imports Dive Amid Shift to Electric Cars
China’s automobile imports plunged in the first five months as demand for imported fossil fuel-powered autos slides amid the transition to new energy vehicles, according to the latest data. China’s …
China’s imports of IC making gear from Netherlands rebounds ahead of rumored fresh restrictions
As the world’s major semiconductor manufacturing exporters are joining hands to impose export controls against China, China’s IC manufacturing equipment imports from the Netherlands rebounded in May.
China’s Sichuan Kelun-Biotech opens books for $208 million Hong Kong IPO – term sheet
China’s Sichuan Kelun-Biotech Pharmaceutical is looking to raise $208.6 million in a Hong Kong initial public offering, according to a term sheet seen by Reuters. The company is selling 22.44 million …
Shein sent American influencers to China. Social media users are furious
A group of American fashion influencers and creators has received online backlash after they visited a model factory in China as part of a tour sponsored by Shein, an internet shopping giant, and …
India’s gearing up to be the new China, but even Elon Musk is finding it hard to crack into the market. Here are 5 reasons why.
Foreign investors interested in India face barriers in the form of red tape, high tariffs, powerful tycoons, and a national push for self-reliance.
China’s tumbling industrial profits deepens economic gloom
BEIJING (Reuters) -Annual profits at China’s industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes of more policy support to …
Riding the Waves of Foreign Trade: The Rise of China’s Brands in 2023
In collaboration with Amazon Web Services, Fortune China has conducted research that highlights China’s brands expanding overseas in 2023. Nowadays, venturing into overseas market is becoming a …
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