(Bloomberg) — Stocks and currencies rallied in Asia, led by a surge of more than 3% in Hong Kong’s benchmark index, as China’s manufacturing posted its biggest improvement in more than a decade....
Tag: China
Asia’s Former Richest Woman Takes Over From Father Amid China’s Prolonged Real Estate Slump
Country Garden founder Yeung Kwok-keung (Photo by David Wong/South China Morning Post via Getty Images) South China Morning Post via Getty Images Yang Huiyan, who has cochaired property developer Coun...
China Evergrande nears its make-or-break moment
China Evergrande (OTCMKTS:EGRNF) could be forced to wind down its operations this month, in one of the biggest corporate failures in modern times. The company, which was once the biggest real estate d...
Copper price bounces as China provides much needed support
Copper price continued its steady recovery after the strong economic numbers from China, its biggest consumer. It spiked to a high of $4.12, the highest point since February 23rd. Other commodities wi...
Inducing U.S. Economic Patriotism Through Outbound Investment National Security Screening
A Walmart supercenter in downtown Xiamen, Fujian Province, China LightRocket via Getty Images Scarcely reported by mainstream press outlets, at the very end of 2022 President Biden signed into law the...
China A50 analysis after soaring to a key resistance level
The China A50 index made a spectacular bounce on the first trading day of the month after the strong economic numbers. After crashing to a monthly low of 13,121 in February, the index rose to an intra...
China has the lowest foreign reserves-to-gold share ratio as Portugal, U.S. dominate
Gold has remained a vital element in the financial reserves of nations, and its allure shows no signs of waning. This is illustrated by the fact that a considerable proportion of gold is held by a sub...
NEO Price Pulls back From February’s Explosive 102% Breakout As the China Narrative Cools Down
Join Our Telegram channel to stay up to date on breaking news coverage February has been a hectic month for the cryptocurrency industry, starting with a 0.25% hike in interest rates by the United Stat...
Apple Suppliers Are Racing to Exit China, AirPods Maker Says
(Bloomberg) — Apple Inc.’s Chinese suppliers are likely to move capacity out of the country far faster than many observers anticipate to pre-empt fallout from escalating Beijing-Washington tensi...
China Debt Blowout Rings Alarm Bells as Leadership Meets
(Bloomberg) — When China’s leaders gather in Beijing for the annual parliament next week, one of the biggest economic risks they’ll need to tackle is the mounting debt of provinces. Most Read fr...
The U.S. and China have a culture clash around their telephone hotline
Flags of the U.S. and China displayed on a table ahead of a meeting. Jason Lee | AFP | Getty Images BEIJING — The politically important U.S.-China relationship is vulnerable to cultural differences — ...
Chinese Communist Party Demands Employees At Western Firm Show Their Support
Beijing, China cityscape at the CBD. getty When China began to require Western corporations to establish Chinese Communist Party (CCP) cells, businesses brushed off the move as benign. For example, wh...
Bio-Revolution Ready To Scale
An employee of clinical diagnostics and food & feed analysis R-Biopharm works on an analysis (Photo … [+] by Thomas Lohnes / AFP) AFP via Getty Images Breakthroughs in biomanufacturing could...
China Responds To Lab Leak Report—Says U.S. Is ‘Politicizing’ Search For Covid Origins
Topline Beijing on Monday rejected reports that the U.S. Department of Energy has determined the Covid-19 pandemic was most likely the result of an accidental leak from a Chinese lab, accusing the U.S...
Asia’s Hunger For Energy Will Not Save Russia’s Economy
OSAKA, JAPAN – JUNE 28: (RUSSIA OUT) Russian President Vladimir Putin (L), Indian Prime Minister … [+] Narendra Modi (C) and Chinese President Xi Jinping (R) pose for a group photo prior t...
China Won’t Be Happy As Race To 150 Yen Resumes
Bank of Japan (BOJ) Governor nominee Kazuo Ueda speaks during a hearing at the lower house of parliament on February 24, 2023 in Tokyo, Japan. Tomohiro Ohsumi/Getty Images Yen bulls are feeling a sudd...
China Hotpot Chain Surges 20% as Covid Cost Cuts Bear Fruit
(Bloomberg) — Shares of China’s hotpot chain Haidilao International Holding Ltd. jumped the most in a year after the firm forecast a return to profitability, underscoring bets for a revival in c...
China Lithium Probe Shuts Down About a Tenth of Global Supply
(Bloomberg) — Most Read from Bloomberg China’s lithium industry is reeling as its top production hub — responsible for around a tenth of the world’s supply — faces sweeping closures amid a gover...
Continued Sanctions On Russia “Unlikely To Deliver A Knockout Blow,” Think Tank
A view of the Kremlin’s Spasskaya tower and St. Basil’s cathedral taken during the last day of the … [+] three-day parliamentary and local elections in Moscow on September 19, 2021. ...
More News That Points To No Recession
Coils of copper wire rods in a storage facility. Photographer: Andrey Rudakov/Bloomberg © 2021 Bloomberg Finance LP Its now more than half a year since Wall Street’s Cassandras warned of an imminent u...
China May Provide Artillery And Drones To Russia—Despite Public Calls For Peace Deal
Topline China is considering supplying Russian military forces with drones and artillery in its war with Ukraine, multiple outlets reported Friday on the one-year anniversary of Russia’s invasion of U...
Regulators, China and Ruja Ignatova
Crypto news: We bring you a round up of what’s been happening in crypto this week. The U.S. makes life even more difficult for crypto firms, while attention turns (almost implausibly) to China for goo...
“China Crypto Pump” Hype: Could it be the Next Big Thing for Cryptocurrencies?
As China’s central bank continues to print money at a breakneck pace, the country’s burgeoning love for cryptocurrency is poised to drive the digital asset market to unprecedented heights. China and ...
Crypto takes China by storm: What’s next? – Cryptopolitan
The crypto market is set to undergo a major shift, with Hong Kong opening the door to crypto trading for retail investors. As I reported on Feb. 21, China is quietly encouraging the move, using Hong K...
US Dollar Strength & Political Rhetoric Weigh On Markets, Week In Review
China Last Night KraneShares Week in Review Asian equities were mostly lower this week, following US equities south as positive internet earnings, which kicked off this week, could not stem the market...
Concerns Over Chinese ‘Price War’ Sees Alibaba Stock Plunges Despite Major Earnings Beat
Alibaba, founded by Jack Ma, is the biggest e-business company in China. Getty Key Takeaways Alibaba has announced a major earnings beat, with net income rising 69% compared to the same time last year...
Catastrophic Crisis With Russia And China Brewing — What Biden Must Do Now
This episode of What’s Ahead explains why, in the aftermath of President Biden’s visit to Ukraine and eastern Europe, the U.S. and NATO allies must give Kyiv all the weapons it needs to beat back the ...
China Set to Overhaul Financial System Giving Xi More Control
(Bloomberg) — Chinese President Xi Jinping is set to bring decision-making of the financial system further under his control with the likely revival of a powerful committee to coordinate financi...
Jack Ma Loses His $3 Billion Gain As Investors Worry About Alibaba’s Growth Outlook
Alibaba cofounder Jack Ma. Wang HE/Getty Images Billionaire Jack Ma is back to square one. The $3.4 billion gain to his wealth since the start of the year has all but evaporated, after Alibaba’s stock...
Opinion: Ford’s pact with Chinese EV battery maker is a sucker punch to American taxpayers
Virginia Governor Glenn Youngkin made national headlines recently when he rejected a Ford Motor F, +1.30% factory in a struggling part of the state, owning to Ford’s partnership with Contemporary Ampe...