A driver in PPE moves a new Tesla passenger car from Shanghai off a cargo ship in the port in Yantai in China’s Shandong province on April 25, 2022. Future Publishing via Getty Images Tesla’s El...
Tag: China
China may chalk up more debt as lockdowns hit the economy
Covid lockdowns have hit China’s economy, and the Asian giant might have to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have ...
Mainland Investor Enthusiasm Returns
China Last Night KraneShares Key News Asian equities had a mixed night as Hong Kong and China outperformed led by growth stocks and sectors. China’s April PPI and PPI came in at 8% and 2.1%, respectiv...
The Challenge Of Defining ‘Mutual Respect’
South Korea’s new President Yoon Suk-yeol shakes hands with former President Moon Jae-in upon his arrival to his inauguration ceremony at the National Assembly on May 10, 2022 in Seoul, South Ko...
Trump Reportedly Asked Advisors Whether China Was Shooting Hurricanes At The U.S.
Topline Former President Donald Trump repeatedly asked national security officials about whether China had produced technology to spawn hurricanes and fire them at the United States during his first y...
China Faces Omicron ‘Tsunami’ If It Abandons Controversial Zero-Covid Policy, Researchers Warn
Topline China faces an omicron “tsunami” that could overwhelm hospitals and kill more than 1 million people if it abandons its “zero-Covid” strategy, according to a new study published in Nature Medic...
Mainland Investors Buy Tencent And Meituan On Weakness
China Last Night KraneShares Key News Asian equities were largely lower though China, Taiwan, Malaysia, and Thailand managed gains. Mainland China benefitted from continued verbal support from policym...
US businesses in China cut revenue forecasts, investment plans
Truck drivers, such as the one pictured here in Shanghai in late April, typically need to show valid negative virus tests in order to move goods between cities in China. The American Chamber of Commer...
China Branches Out The Digital Yuan Trial To Hospitals And Finance Sector
The use of the digital yuan continues to expand in various sectors of China, including hospitals now. A few hospitals in Hangzhou and Guangzhou have also started to accept digital yuan for...
China’s Geely Auto To Buy 34% Of Renault Korea Motors In Bid For South Korean, Export Markets
Chinese billionaire Li Shufu controls Geely Auto, as well as Volvo Cars, Polestar and several other … [+] global brands. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Auto...
China SUV Leader Great Wall Motor Reports 41% Plunge In April Sales Amid Lockdowns
Wei Jianjun, chairman of Great Wall Motor Co., attends a news conference in 2019. Great Wall, … [+] Photographer: Paul Yeung/Bloomberg © 2019 Bloomberg Finance LP April sales at Great Wall Motor...
The Way Of Water’ Trailer Debuted In Theaters First
And here I thought this gorgeous, hypotonic teaser for Avatar: The Way Of Water was supposed to be in theaters only for a week. So either I misheard or Disney lost their nerve, since it just popped up...
China’s Covid Policy Will “Exact A Very High Cost On The Economy”
A health worker in personal protective equipment administers a booster shot to an international … [+] resident at a hospital during a lockdown due to Covid-19 in Shanghai, China on Saturday, May...
Oil under pressure to start the week, as Saudis drop prices, China exports slump
Crude tracked a selloff in global assets on Monday, with the commodity pressured as Saudi Arabia slashed cut prices for Asian customers and elsewhere, and China reported sharply weaker export data. Pr...
Deribit and OKX attract significant traffic from China despite a blanket ban: Report
Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China despite a blanket ban on crypto transactions and foreign exch...
Oil Prices Slip as Saudi Arabia Cuts Prices and China Lockdowns Intensify
Text size Oil prices slip Monday but are still elevated. Pichit Boonhuad/Dreamstime.com Oil prices declined Monday after Saudi Arabia, the biggest exporter, reduced prices for Asia and the northwest o...
To counter China, Biden launches 3D printing initiative with GE Aviation and other large firms
US President Joe Biden’s administration announced on Friday a new initiative that would boost manufacturing of 3D printed products by domestic small- and medium-enterprises (SMEs), an effort tha...
Dr. Fauci Diagnoses China’s Bad Economic Habits
Dr. Anthony Fauci testifies before the Senate Health, Education, Labor, and Pensions Committee on July 20, 2021 on Capitol Hill in Washington, D.C. J. Scott Applewhite-Pool/Getty Images Dr. Anthony Fa...
Saudis Cut Oil Prices from Record Highs Amid China Lockdowns
(Bloomberg) — Saudi Arabia cut oil prices for buyers in Asia as coronavirus lockdowns in China weigh on demand, countering uncertainty around Russia’s supplies as the Ukraine war drags on. Most ...
China Covid Policies “Causing Massive Uncertainty For Businesses,” European Chamber Says
A Chinese flag in front of the Shanghai Railway Station during a lockdown due to Covid-19 in … [+] Shanghai earlier this month.Source: Bloomberg © 2022 Bloomberg Finance LP China’s Covid-19 poli...
America’s New QUICKSINK Bomb Targets China’s Vast Low-Tech Navy
Screenshot from a live test of a “Quicksink” bomb Air Force Research Laboratory After a stunning live-fire demonstration in the Gulf of Mexico, America’s new “QUICKSINK” bomb, a fast-movin...
Marcum-Friedman Accountant Merger Would Quicken U.S. Firm’s Expansion In Asia
MBP Co-Chairman Drew Bernstein. MBP In March, “China Wealth” profiled MBP as a successful New York-based accounting company in China that is now on the move in Southeast Asia with plans to open an off...
PCAOB Officials Arrive In Beijing, Week In Review
China Last Night KraneShares Week in Review The arrest of a man named Ma in Hangzhou sent Alibaba lower on Tuesday, though the man arrested was not Jack Ma. This is an unfortunate example of investors...
China’s Xi Jinping calls for sticking to zero-Covid policy
Xi Jinping seen giving a speech during the centenary of the founding of the Chinese Communist Party, in Fuyang on July 1, 2021. From a political perspective, 2022 is a particularly critical year for C...
China’s U.S. Ambassador Talks Pew Poll, Trade, Air Travel: Exclusive Interview
Qin Gang, Chinese Ambassador to the U.S. since July 2021. Forbes The Pew Research Organization unveiled a poll last Thursday saying 82% of Americans have an unfavorable view of China, a record high an...
Mainland China Gains On Reopen, Economic Daily Editorial Marks Shift In Regulatory Tone
China Last Night KraneShares Key News Asian equities were mixed though mostly lower overnight, failing to follow US equities higher, as Hong Kong underperformed. Mainland China markets reopened to out...
U.S. Trade Soaring Because Of, Not Despite, Covid Lockdowns, Supply Chain Woes
U.S. Census Bureau data released Wednesday showed U.S. trade up more than 20% over the first quarter … [+] of 2021. (All totals in $U.S. trillions.) ustradenumbers.com U.S. trade increased a run...
China’s Censors Target WHO Chief After Comments Criticizing Flagship Zero-Covid Policy
Topline China’s internet censors have targeted the head of the World Health Organization after he questioned the viability of the country’s zero-Covid policy on Tuesday, removing social media posts re...