Chinese President Xi Jinping chairs the High-level Dialogue on Global Development via video link in Beijing, China, on June 24, 2022. Li Tao/Xinhua via Getty Images China is going to grow 5.5% this ye...
Tag: China
Duty-Free Retail Continues To Attract Highly Coveted Scotch Whiskies—And Set Records
The Macallan Six Pillars comes in an exclusive series of limited edition decanters made by French … [+] crystal house Lalique. Le Clos Earlier this month at Dubai International Airport (DXB), a ...
Nike Stock Slumps On Q4 Earnings Beat, $18 Billion Share Buyback
Updated at 5:46 pm EST Nike (NKE) – Get Nike Inc. Report posted stronger-than-expected fourth quarter earnings Monday as solid gains in its direct-to-consumer business offset a Covid-linked sal...
China EV Sales: Tesla Rival BYD Breaks Out After Huge Win Streak; Nio, Li Auto, Xpeng Due
China EV sales for June and the second quarter are due, after Nio (NIO), Xpeng (XPEV) and Li Auto (LI) signaled a Covid recovery but Wall Street says — not so fast. X BYDDF stock broke out afresh Mond...
China Deletes Reference To Five Years Of “Zero-Covid” Policies In Beijing — CNN
Residents queue at a Covid-19 testing facility in Beijing on June 19, 2022. Source: Bloomberg © 2022 Bloomberg Finance LP Chinese censors deleted what appears to be a misleading quote by a senior Comm...
Avoidable or inevitable recession? Billionaire David Rubenstein’s view
Much of the U.S. market focus has been on the Federal Reserve’s more aggressive interest rate hikes as a reason to fear a recession. But Carlyle Group co-founder and co-chairman David Rubenstein...
U.S.-China Business Ties Are “Better Than The Headlines”
Travel restrictions related to Covid underscore the importance of a strong local management team in … [+] China, says National Committee on U.S.-China Relations President Steve Orlins. Bill Russ...
Dutch Treat For JD, Hong Kong Internet Gains
China Last Night KraneShares Key News Asian investors did not forget about Fed Chair Powell’s less aggressive comments on interest rate hikes on Friday as equities had a strong start to the week, exce...
Key Indicator Shows China’s Economy Set For Further Slump
WUHAN, CHINA – FEBRUARY 10: A man wears a protective mask on February 10, 2020 in Wuhan, China. … [+] Flights, trains and public transport including buses, subway and ferry services have b...
Tencent wants to be foreign automakers’ go-to company for EVs in China
BMW’s iX electric SUV in China was the first global car brand to include the automobile version of Tencent’s WeChat messaging app, according to the Chinese tech company. Tencent BEIJING — ...
China Stocks Are Ready For the Next Bull Run As Wyckoff Accumulation Is Near Completion
A silver lining showed up after the deeply oversold condition in the stock market last week where a number of the bullish tell-tale signs as explained in the video at the bottom of this post pointed t...
Jaguar Land Rover’s battle to stop dealers selling in China
jaguar landrover Jaguar Land Rover is battling to stop car dealers sending its cars to China and other hugely lucrative markets, which is compounding shortages in the west and widening price gaps glob...
China Electric-Vehicle Stocks Are All the Rage, Trouncing Tesla
(Bloomberg) — Shares of China’s electric-vehicle makers are trouncing global industry leader Tesla Inc., bolstered by Beijing’s consumption incentives and heavy dip-buying from investors. Most R...
China Explains Role of Crypto in Drug Trafficking in Latest Report
In a report dated June 23, China has underlined the role of crypto in drug trafficking, stating, “Drug capital circulation is extended from online banking transfers to virtual currencies and game coin...
Inflation Makes Biden Look Bad. But Corporate America’s Pro-China, Anti-Tariff Push Bound To Fail
Going up! Gasoline prices rising due to market speculation in oil futures, and lower supply, too, as … [+] Washington and Brussels’ disdain for fossil fuels exacerbates the problem caused ...
Canada Goose Rival Bosideng Reports Profit Gain, Sees Apparel Recovery
Pedestrians are reflected in the window of a Bosideng store. Photographer: Nelson Ching/Bloomberg … [+] News © 2021 Bloomberg Finance LP Bosideng, China’s top home-grown down jacket brand, said ...
The Rise Of The G7 And The Decoupling Of Global Governance
John Kerry, the U.S. President’s Special Envoy for Climate, speaks at a press conference at the … [+] meeting of G7 Ministers for Climate, Energy and Environment on the establishment of a ...
China Communist Party Mouthpiece Warns Bitcoin May Collapse to Zero
Alex Dovbnya Mouthpiece of Communist Party of China has opined that Bitcoin may be heading straight back to zero The Economic Daily, a business newspaper controlled directly by the Communist Party of ...
China says that Bitcoin will go to zero amid a bear market
The government of China has again attacked the cryptocurrency market amid the ongoing bearish sentiment. The government has warned its citizens that they could make massive losses because the prices o...
F-star Surges 60% On $161 Mln Acquisition Offer By Chinese Billionaire Family’s Sino Biopharmaceutical
Gains in economic development and income have turned China into one of the world’s largest markets … [+] for pharmaceuticals and spawned home-grown industry heavyweights. (Photo by Kevin F...
Chinese memory chip king’s rapid growth, Musk’s China challenges
Hi everyone, this is Lauly writing from the heat of Taipei. I’m sending this week’s #techAsia from a traditional breakfast restaurant without air conditioning. It’s across the street from one of iPhon...
CEO Gloom Opens Pathway To Tech Stock Resurgence
Most corporate leaders now expect a recession as soon as next year. Getty Images Most corporate leaders now expect a recession as soon as next year. This is what it means for investors. A survey relea...
Travelers return to Southeast Asia but inflation could hurt recovery
After more than two years of lockdowns and border controls, Southeast Asia is finally experiencing some semblance of the old days of travel. Flights are steadily returning to 2019 levels in the region...
EVs & Internet Gain On Policy News, China Markets Outperform In Asia
China Last Night KraneShares Key News China outpaced the rest of Asia overnight as the continent’s markets were mixed as concerns over global growth continue to mount. Yesterday, US Fed Chair Jerome P...
World’s largest hybrid ship to ferry passengers between UK, France
An artist’s impression of the Saint-Malo at sea. According to Brittany Ferries will have a battery capacity of 11.5 megawatt hours. Brittany Ferries A ship set to carry passengers between the U....
JPMorgan China Fund Ramps Up Bets on Tech as Bullish Calls Grow
(Bloomberg) — JPMorgan Asset Management is doubling down on China tech stocks after enduring a tumultuous selloff, betting that an easing of regulatory crackdowns and attractive valuations will ...
China identifies use of crypto in drug trafficking as new phenomenon
A new report has highlighted the Chinese government’s acknowledgement of the new threat posed by cryptocurrencies in facilitating drug trafficking. The 2021 report states that the government identifi...
Taiwan’s Momentum As Tech Hub “Waning,” AmCham Taiwan Says
Taiwan in the past three decades has turned itself into one of the world’s most important production … [+] centers for semiconductors. (Photo credit should read TAO-CHUAN YEH/AFP via Getty...
Hundreds Killed And Millions Evacuated In Devastating South Asia Floods
Topline More than 100 people were killed in severe flooding in Bangladesh, China and India this week, devastating cities and cropland, and forcing millions to evacuate. People are seen on a boat after...
Bitcoin market meltdown prompts fresh warning in China that value of world’s leading cryptocurrency could fall to zero
The global cryptocurrency industry’s latest meltdown has prompted fresh warning in China that the value of bitcoin could drop much further and be worth nothing, as Beijing renewed efforts to dis...