The founder and chair of one of Asia’s biggest private equity investors has criticised the Chinese government for policies that he says have resulted in a “deep economic crisis” comparable to the glob...
Tag: China
Baidu Gets Green Light For Autonomous Beijing Taxis, Premier Li Highlights Internet Companies
China Last Night KraneShares Key News Asian equities had a strong night as all markets gained, led by Japan as the Yen hit a low versus the US dollar not seen since 2002. Hong Kong had a strong day le...
China Investment In Europe Gained In 2021 From Low Level; VC Flows Doubled
Chinese billionaire Zhang Lei’s Hillhouse Capital led the purchase of Philips’ home appliance … [+] business last year. Photographer: Justin Chin/Bloomberg © 2018 Bloomberg Finance L...
China Gov’t Goes “All-Out” While Q1 Earnings Power Rebound
China Last Night KraneShares Key News Asian equities were off following the US equity market’s downdraft as China, and Hong Kong were the only markets up. The Shanghai Composite gained +2.49%, Shenzhe...
PBOC & State Council Lift Internet And Consumption Plays
China Last Night KraneShares Key News Asian equities were largely higher. Mainland China was off, and Australia returned from yesterday’s holiday off -2.08% as commodity prices retreated. Two key piec...
China Is Running Out of Ways to Stem Self-Made Market Meltdown
(Bloomberg) — China looks increasingly left to its own devices in a bid to rescue its economy and markets from the Covid crisis as the rest of the world withdraws stimulus to battle surging infl...
Could Elon Musk’s Twitter Deal Give China Influence Over The Site?
Tesla CEO Elon Musk celebrating the opening of the carmaker’s Shanghai plant on Jan. 7, 2020. Xinhua News Agency/Getty Images As the world sorts out the implications of Elon Musk’s bombshell dea...
Inside A Recent Danger Warning China Based Governmental As Well As Trade Organizations Targeted NFTs
Although crypto exchanges were outlawed from operating in China in 2017, many people were able to utilize local bank accounts to conduct crypto-related transactions before the People’s Bank In 2021, C...
More Scrutiny Needed Of U.S. Officials’ Business Ties To China, Says Princeton Professor
Aaron Friedberg, author of “Getting China Wrong,” says “the architects of engagement got China wrong because they underestimated the skill and tenacity” of its leaders. Aaron Friedbe...
WTA Won’t Hold Events In China Until Peng Shuai Situation Is Resolved
NEW YORK, NY – SEPTEMBER 02: Shuai Peng of China celebrates after defeating Belinda Bencic of … [+] Switzerland in their women’s singles quarterfinal match on Day Nine of the 2014 US...
Alibaba Stock Drops to Its Lowest Level in 6 Years. Behind the Latest Fall.
Text size Shanghai has been under strict Covid-19 lockdowns since March. Dreamstime The worsening Covid-19 situation in China is weighing on the country’s stock market, with companies including Alibab...
Investors Fear Beijing Lockdown After Testing
Key News Asian markets followed the US’ steep Friday sell-off lower as all markets closed down except for the Philippines, which gained +0.32%, and Australia, which was closed. Reports of mass covid t...
Currency Volatility: China, Japan And Switzerland
The dollar’s rapid rise against the Japanese yen and a basket of other large country currencies has led to fresh suggestions that governments may intervene to support their local currencies. This mean...
GE hoping to 3D print concrete components for wind turbines
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | G...
Two-thirds of senior executives in Hong Kong, mainland China expect pay rise due to talent shortage, KPMG survey shows
A shortage of talent may present a difficulty for hiring managers, but it’s good news for senior executives in Hong Kong and mainland China, two-thirds of whom across all sectors anticipate a pa...
Oil joins tumbling commodities as China COVID spread triggers fresh demand worries
Oil prices tumbled on Monday, amid fresh worries that spreading COVID cases and more lockdowns in China will hurt demand. That has added to concerns that Federal Reserve tightening could also weaken p...
China Begins Mass Testing Beijing’s Biggest District After Raising Alarm About Undetected Covid Spread
Topline Officials in Beijing will require the people who reside or work in Chaoyang—the city’s main business district—to undergo three Covid-19 tests this week starting on Monday, a move that comes af...
American Lawyer Quarantined For 37 Days In China Describes “Chaotic” Environment
James Zimmerman is a partner at Perkins Coie in Beijing. James Zimmerman American lawyer James Zimmerman, a partner at Perkins Coie in Beijing, has worked in China for 24 years, and thought he was wel...
China Lockdown Fears Rip Through Markets as Stocks, Yuan Tumble
(Bloomberg) — Fears about the economic toll of China’s strict Covid Zero policy intensified Monday, as news that lockdowns were spreading to Beijing sent stocks, commodities and the yuan tumblin...
Hedge Fund Cuts China Stocks to Zero Seeing Worse Year Than 2008
(Bloomberg) — As China’s markets gyrate following Covid outbreaks and Russia’s invasion of Ukraine, one of the nation’s best-performing macro hedge funds is bracing for more pain. Most Read from...
Sorry, China. Most Americans Support Higher Prices On Your Imports.
China is the source of most goods sold in shopping malls across America. It is the country’s biggest … [+] trade deficit, mostly thanks to the decisions of American corporations and Congre...
Will Biden’s Commerce Department Really Punish Solar In Asia?
President Biden touring a solar facility in New Hampshire. Are these panels all made in Asia? Most … [+] likely yes. (AP Photo/Elise Amendola) ASSOCIATED PRESS They’re baa-aack. The Commerce Dep...
Contrarian Who Called China Tech Selloff Says It’s Not Over Yet
(Bloomberg) — Manuel Muehl told investors to sell Chinese technology stocks last summer when nearly all of his peers were saying buy. Most Read from Bloomberg Nine months and about a trillion do...
Why did Japan consider Sweden instead of China for its CBDC approach?
East Asian country gearing up for CBDC designing and creating infrastructure; however, claiming it to be a long term game The Head of the payments system department at the Central Bank of Japan, Kazus...
NBA China CEO Among Eight New Members To Join Elite Chinese American Group
Famed Chinese American architect I.M. Pei, who passed away at 102 in 2019, was a co-founder of the … [+] Committee of 100. (Photo by Michael N. Todaro/FilmMagic) FilmMagic The Committee of 100, ...
The New China: Is New York Actually Going To Ban Proof-Of-Work Mining?
The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or...
Renault Shows Financial Resilience As Industry Negatives Mount
French carmaker Renault CEO Luca de Meo stands amid new Renault Megane E-Tech electric cars. Renault … [+] is considering spinning off its electric car assets. (Photo by TOBIAS SCHWARZ/AFP via G...
China is trying to change its problematic retirement age — Quartz
China has some of the youngest retirement ages in the world, which is becoming a major problem for a country that is steadily aging. The official retirement age for men is 60. Women in managerial posi...
Hong Kong-Listed Internet Stocks Bounce As Asian Investors Note Positives, Week In Review
China Last Night KraneShares Week in Review Asian equities had an off week as Hong Kong had a short week due to Easter Monday. According to a release Monday, China’s GDP grew by +4.8% year-over-year i...
The China Conundrum
Getty Images Can we afford to be confident about the global economy? Most of us, barraged by headlines about war, inflation, fuel spikes, chip shortages, political unrest, a growth-stock collapse, an ...