Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...
Tag: China
China’s Worst Reported Month Of Covid Was Nothing Compared To The United States
Topline Protests against China’s strict zero-Covid restrictions and harsh lockdowns erupted in cities across the country this week as official infections soared to record levels—the accuracy of govern...
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people ...
U.S. Air Force Reveals (Not So) Cutting Edge B-21 Stealth Bomber
B-21 Stealth bomber unveiled for first time in Palmdale, California. Northrop Grumman Unveiled during a ceremony Friday evening at the secretive Plant 42 in Palmdale, California, the B-21 “Raider” ste...
America’s Best Hope For Beating China In The Air
The B-21. Northrop Grumman capture The U.S. Air Force and Northrop Grumman rolled out their new B-21 Raider stealth bomber in a ceremony at the Air Force’s secretive Plant 42 in Palmdale, California, ...
China Crackdown on Internet as It Seeks to Stamp-Out Covid Protests
VPN or Virtual Private Network can be described as the opportunity to establish a protected network connection when using public networks. It encrypted internet traffic and disguised online identity. ...
Guangzhou Traffic & Metro Usage Confirms New Government COVID Policies, Week In Review
China Last Night KraneShares Week in Review US and Hong Kong-listed internet stocks outperformed this week on reopening speculation and earnings. Pinduoduo and Bilibili reported better-than-expected Q...
Hang Seng still in bear market territory despite best month since 1998
Red lanterns are hung up on the street in Wan Chai, Hong Kong. (Photo by Zhang Wei/China News Service via Getty Images) China News Service | China News Service | Getty Images Hong Kong’s benchma...
China people worry wrong Covid test results mean pandemic won’t end
Residents queue at a Covid-19 testing booth in Beijing, China, on Monday, Nov. 28, 2022. The capital city has required regular virus tests for more than half a year. Bloomberg | Bloomberg | Getty Imag...
Markets Cheer As Vice Premier Confirms COVID Restriction Dial Back
China Last Night KraneShares Key News Asian equities cheered Powell’s dovish speech yesterday while Indonesia announced a trading tax which investors gave a Bronx cheer/the thumbs down on. Vice ...
China signals slight Covid policy easing, without any major change
Customers dine in at a McDonald’s in Guangzhou on Dec. 1, 2022, a day after the city eased Covid restrictions on restaurant operations. Yin Hon Chow | CNBC BEIJING — A trickle of changes around ...
Nio and Li Auto monthly deliveries hit record numbers as China eases Covid policy
On Wednesday, November 30, shares of Nio Inc (NYSE: NIO), XPeng Motors (NYSE: XPEV), and Li Auto (NASDAQ: LI) all jumped by more than double figures percentage gains. The value of Chinese electric veh...
China Signals Shift Away From Zero-Covid As It Claims Virus Is Weakening
Topline Chinese authorities acknowledged the country was facing a new phase of the pandemic that will require it to tweak its approach, a signal that its government may finally be moving away from its...
Nickel Products Trader Becomes China’s Latest Billionaire
The Hong Kong Stock Exchange in July 2022. Photographer: Paul Yeung/Bloomberg © 2022 Bloomberg Finance LP Today’s listing at the Hong Kong Stock Exchange by Lygend Resources & Technology, China’s ...
U.S. Total Trade Likely To Surpass Eye-Popping $5 Trillion In 2022
U.S. merchandise trade with the world is on track to surpass an eye-popping $5 trillion in 2022, according to the latest U.S. Census Bureau data. Total U.S. trade only surpassed $4 trillion for the fi...
Reopening Drives Market Higher, Ignoring COVID Cases And PMIs
China Last Night KraneShares Key News Asian equity markets were largely higher as Hong Kong outperformed, Japan underperformed, and the Philippines were off for Bonifacio Day in honor of national hero...
Loss Widens At Alibaba-Backed EV Maker XPeng; Co-Founder Exits Board
An XPeng Inc. electric vehicle at the company’s flagship store in Beijing, China, on Monday, Sept. … [+] 19, 2022. Source: Bloomberg © 2022 Bloomberg Finance LP China EV maker XPeng conti...
From needles To MRI Machines, Medical ‘Device’ Exports Up 8.14%
Medical instrument exports had their best-ever September this year, according to the latest … [+] government data, having shown steady growth in value over the last decade. ustradenumbers.com Go...
China electric vehicle maker XPeng posts wider than expected 3Q loss of CNY2.38 billion ($332m)
XPeng Inc. XPEV, +6.53% said Wednesday that it expects its fourth-quarter vehicle deliveries to decline as much as 52% as the Chinese electric-car maker reported a wider loss for the third quarter. XP...
Taiwan Economy Grew 4% In Quarter Marked By Heightened Military Tension With Mainland China
An Albatross unmanned aerial vehicle ready to take off during live-fire drills at Hengchun Airport … [+] in Taiwan amid heightened military tension with Beijing in August. Photographer: I-Hwa Ch...
China touts vaccination progress as it looks for a path to reopening
BEIJING — Mainland China announced significant progress Tuesday in getting Covid-19 booster shots for people “over age 80.” As of Monday, 65.8% of that age category had received booster sh...
Elusive Chinese Billionaire Jack Ma Living In Tokyo, Report Says
Topline Jack Ma, the billionaire cofounder of e-commerce giant Alibaba Group and one of China’s wealthiest people, is now living in Japan, the Financial Times reported Tuesday, a rare update on the bi...
NHC Announces Elderly Vaccination Push, Real Estate Receives Policy TLC
China Last Night KraneShares Key News Asian equities had a strong day led by Hong Kong which had a stronger rally overnight than US listed China ADRs yesterday. We should see another positive day in U...
Can Uniswap Stage 14% If China Relaxes Zero Covid Restrictions?
Join Our Telegram channel to stay up to date on breaking news coverage Uniswap price, just like stock and commodity prices, hit the lowest mark this year following protests in China, a top importer, o...
Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K
Bitcoin (BTC) held crucial $16,000 support into Nov. 29 as bulls weathered ongoing FTX fallout and macro triggers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader teases BTC long as...
‘We are treading water:’ An energy crisis is grinding European industry to a halt as the U.S. and China race ahead, Volkswagen warns
Europe’s energy crisis is leaving the continent’s industry at a standstill, and its biggest car manufacturer says competitors are racing ahead as EU governments fail to provide enough support. Energy ...
China Plans To Boost Vaccinations Among Seniors As Harsh Zero Covid Strategy Triggers Protests
Topline China’s National Health Commission on Tuesday unveiled plans to improve Covid-19 vaccination rates among the elderly—a cohort that remains highly vulnerable to the virus due to very low uptake...