Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, in 2021. Photographer: Hollie … [+] Adams/Bloomberg © 2021 Bloomberg Finance LP China’s rise to a leading economy in recent deca...
Tag: China
Small Business Optimism Is At A Six-Month Low — How This Impacts Main Street And Wall Street
Getty Images Key takeaways According to the NFIB’s Small Business Optimism Index, the outlook of small business owners is down to its lowest in six months, when inflation was at a pandemic-era high. T...
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, tell...
New U.S. Battery Entrant Targets Fully Domestic Supply Chains
BOMBAY BEACH, CALIFORNIA – FEBRUARY 26, 2019: A woman walks along the shore of the Salton Sea in … [+] Southern California. The shallow saline lake was formed accidentally in 1905 followin...
U.S. Visa Wait Exceeds One Year For Top Sources Of Inbound Visitors; Improvement Needed, Travel Group Says
The wait time for a visa interview at the U.S. Embassy in New Delhi, India was 577 days as of … [+] January 19, the U.S. Travel Association said. Photo dated 2013. (Photo by Priyanka Parashar /M...
China Unveils Ripple’s Competitor for Stablecoins and CBDC Payments ⋆ ZyCrypto
Advertisement     The developers of UDPN describe it as equivalent to SWIFT. Some of the major banks expected to participate in the pilot phase include HSBC, Standard ...
“Imaginative” China Minister Sends New Year’s Greetings To Americans Via NBA Game
China’s Foreign Minister Qin Gang spoke via pre-recorded video at a Washington Wizards game on … [+] January 21. People’s Republic of China Embassy in the U.S. China diplomat Qin Gan...
China Slams US on Debt Limit and Accuses Washington of Sabotage
(Bloomberg) — China invoked the US’s brinkmanship over its own debt limit as it hit back at Treasury Secretary Janet Yellen’s criticism of Beijing’s handling of debt issues in developing countri...
Party City Files For Chapter 11 Bankruptcy
Getty Images Key takeaways In an attempt to save the business, Party City has filed for chapter 11 bankruptcy. When the pandemic closed down in-person celebrations, the company struggled financially s...
Apple Wants To Make 25% Of Its Products In India, Minister Claims—Backing Up Analysts’ Projections
Topline Apple wants to expand its manufacturing in India to 25% of all its products, Indian Commerce Minister Piyush Goyal said Monday, adding credence to reports that the iPhone maker is looking to m...
Global Trade More Fizzle Than Sizzle Until 2031
The World Economic Forum, held in Davos Switzerland, brings together the world’s global elite and … [+] its most prominent globalists. AFP via Getty Images Nikolaus Lang says there are thr...
Beijing Department Store Wangfujing Opens In Hainan In Time To Cash In On Chinese New Year
Wangfujing’s first duty-free store has opened in Wannning City, Hainan, China. Wangfujing Group Department store retailer Wangfujing has opened its first store in Hainan, the duty-free shopping ...
Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot – Economics Bitcoin News
Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, majo...
Biden’s SPR Drawdown Big Win For Beijing
Russian President Vladimir Putin and Chinese President Xi Jinping pose for a group photo during the … [+] G20 Summit in Osaka in 2019. (Photo by DOMINIQUE JACOVIDES/AFP via Getty Images) AFP via...
China CBDC Development Sees Smart Contract Functionality
As Lunar New Year approaches, China is making major inroads with the adoption of its central bank digital currency (CBDC), or digital yuan, from smart contract features to offline payments. There is ...
Hong Kong Internet Stocks Shout Gong Hei Fat Choy, Week In Review
China Last Night KraneShares Week in Review China released 2022 economic data this week. GDP grew by +3.0% while retail sales declined by -0.2%, less than expected. Chewy founder Ryan Cohen announced ...
China’s reopening ‘good news’ for growth — but could be inflationary, economists warn at Davos
China’s reopening has been one of the most discussed topics at the World Economic Forum in Davos. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — China’s economic reopening might...
Sequoia China and Dao5 back ZK startup Hyper Oracle
Zero-knowledge (ZK) middleware developer Hyper Oracle closed a $3 million round co-led by Sequoia China’s seed fund and Dao5. Foresight Ventures and FutureMoney Group also participated in ...
Billionaire Jack Ma Reportedly Visits Hong Kong As Regulatory Pressure Eases In Mainland China
Alibaba Group cofounder Jack Ma. AP Photo/Firdia Lisnawati Jack Ma, the cofounder of Chinese e-commerce giant Alibaba, is now in Hong Kong to meet friends and finance executives, the Hong Kong Economi...
Three Essential Truths Space Force Must Never Forget
Three Essential Truths Space Force Must Never Forget ShutterStock | Pretty Vectors High level budget allocation or “top lines” are typically ordered down from the Executive Office of the President to ...
Foreign Investors Buy China In Size
China Last Night KraneShares Key News Asian equity markets were mixed as China, South Korea, and Indonesia outperformed while Hong Kong, Japan, India, and the Philippines were lower. Shanghai and Shen...
Five Megatrends Driving Manufacturing Automation Now
In 2008 after five straight years of virtually no growth in new installations, many observers saw little juice in manufacturing automation. But installations have surged since 2010 and manufacturers a...
Singapore Hotel Tycoon Ho Kwon Ping To Double Banyan Tree’s Branches As China Reopens
Banyan Tree’s founder and chairman Ho Kwon Ping is busy planting 50 new hotels as the global tourism industry looks primed to come roaring back. H otels across Asia will see the return of Chinese tour...
China tightens media control with tiny stakes in two Alibaba units
Alibaba completed its acquisition of video platform operator Youku Tudou in 2016. Pictured here is an old version of the Youku logo. Sopa Images | Lightrocket | Getty Images BEIJING — State-backed ent...
Marvel movies set to return to China, but Covid could hurt ticket sales
Marvel Studios’ “Ant-Man and the Wasp: Quantumania.” Disney Marvel films are returning to China in February, marking the first time in nearly four years that Disney’s comic boo...
The Importance Of Vice Premier Liu He’s Davos Speech
China Last Night KraneShares Key News Asian stock markets were largely higher as Japan outperformed as the BoJ reaffirmed its commitment to yield curve control. US-listed Chinese stocks were down yest...
After Two Incredible Years, U.S. Trade Will Slow, Possibly Until 2025
Silhouettes of onshore oil and gas well in the field outdoors against blue cloudy sky getty U.S. trade growth will be slow to nonexistent for many U.S. airports, seaports and border crossings for the ...
Buy Rivian and Tesla Stock, Sell Fisker and Lucid Stock, Analyst Says. Here’s Why.
Tesla ‘s coming price cuts are going to make it very difficult for other electric vehicle startups—which means investors will have to be choosier when selecting stock in the sector. The Tesla (ticker:...