Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, in 2021. Photographer: Hollie … [+] Adams/Bloomberg © 2021 Bloomberg Finance LP China’s rise to a leading economy in recent deca...
Tag: Chinas
China’s Covid wave drives up consumer interest in health insurance
Chuiyangliu hospital, pictured in January 2023 in Beijing, in the last few years finished renovations that allowed for a six-fold increase in daily patents to 5,000 a day, according to official estima...
China’s digital yuan gets smart contract functionality alongside new use cases
China’s central bank digital currency (CBDC) — the digital yuan, or eCNY — has received upgrades giving it smart contract functionality alongside a series of newly unveiled use cases. The smart contra...
China’s Central Bank Digital Currency (CBDC)
Improvements have been implemented into China’s Central Bank Digital Currency (CBDC), often known as the digital yuan or eCNY. These upgrades have given the digital yuan the ability to participa...
China’s reopening ‘good news’ for growth — but could be inflationary, economists warn at Davos
China’s reopening has been one of the most discussed topics at the World Economic Forum in Davos. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — China’s economic reopening might...
China’s population decline: what this means for global supply chain
China’s explosion in population over the decades took an interesting turn this week. According to China’s National Bureau of Statistics, China’s population declined by 850,000 in 2022, marking the fir...
Defending Democracy And Liberty In The Face Of China’s Challenge
In today’s Xinjiang, the Uighur minority is straitjacketed by surveillance and mass detentions. … [+] (Photo by GREG BAKER / AFP) (Photo by GREG BAKER/AFP via Getty Images) AFP via Getty I...
China’s Population Falls For First Time In 60 Years—Here’s Why
Topline China’s population shrank in 2022 for the first time in decades, the National Bureau of Statistics said on Tuesday, a shift signaling a looming demographic crisis that could have far-reaching ...
China’s reopening overwhelmingly positive to tackle inflation
OECD Secretary-General Mathias Cormann on Monday said China’s reopening is “overwhelmingly positive” in the global fight to tackle surging inflation. “We certainly very much we...
China’s Overreach Is Putting Its Economic Rise At Risk
BEIJING, CHINA -NOVEMBER 28: Protesters shout slogans during a protest against Chinas strict zero … [+] COVID measures on November 28, 2022 in Beijing, China. (Photo by Kevin Frayer/Getty Images...
China’s Junk Bonds Are Suddenly the World’s Hottest Credit Trade
(Bloomberg) — Editor’s Note: Welcome to Credit Weekly, where Bloomberg’s global team of reporters will catch you up on the hottest stories of the past week while also offering you a peek into wh...
Dow Jones Rallies Amid This; Tesla Gains Despite China’s Elon Musk Fear; AMC Stock Lags APE
The Dow Jones Industrial Average rallied after new inflation data. Tesla (TSLA) edged up despite reported China fears over an Elon Musk project. Meme stocks AMC Entertainment (AMC) and Bed Bath & ...
Can China’s Billionaires Breathe A Sigh Of Relief In 2023?
Jack Ma, cofounder of Chinese e-commerce behemoth Alibaba and fintech giant Ant Group. PHILIPPE LOPEZ/AFP via Getty Images) For China’s richest billionaires, last year was the worst in decades. Covid-...
China’s reopening set to boost Hong Kong’s property market
In light of China’s reopening and easing of Covid rules, Hong Kong’s property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong. The reta...
Taiwan Semiconductor’s December Revenue Slumps Sequentially As China’s COVID Chaos & Macro Headwinds Weigh
Taiwan Semiconductor Manufacturing Company Ltd’s (NYSE: TSM) December revenue of NT$192.56 billion declined 13.5% month-over-month. The revenue grew by 23.9% Y/Y. Revenue for January through Dec...
China’s reopening could boost Australia’s economy by 1%, JPMorgan says
According to JPMorgan, a full recovery in Australia’s tourism will add 0.5 percentage points to its GDP and the return of international students from China will add another 0.4 percentage points...
Asia-Pacific’s benchmark index enters a bull market, thanks to China’s reopening
The Chinese and Hong Kong flags flutter outside the Exchange Square complex in Hong Kong on Feb. 16, 2021. Zhang Wei | China News Service via Getty Images Asia-Pacific’s leading index entered a ...
30+ key statistics, facts and forecasts on China’s economy in 2023
China is among the world’s leading economies, with the country’s gross domestic product second only to that of the United States as of 2023. The country of over 1.41 billion people has a bigger econom...
China’s big consumer market isn’t rebounding to pre-pandemic levels just yet
Tourists visit ice sculptures in Harbin, Heilongjiang province on New Year’s Day 2023. China News Service | VCG | Getty Images BEIJING — It’s going to take time for Chinese consumers to re...
Here are potential impacts of China’s reopening on markets, Goldman Sachs says
China, the world’s second-largest economy behind the U.S., is set to reopen in just a few days and one major Wall Street firm has boiled down the likely impact on financial markets. In a note released...
China’s big cities are starting to look past Covid, while rural areas brace for infections
Subway passenger traffic in Shanghai is quickly returning to levels seen before the latest Covid wave, according to Wind data. Pictured here is a subway car in the city on Jan. 4, 2023. Hugo Hu | Gett...
Cancer Drug Supplier’s IPO Mints China’s Latest Billionaire
A pedestrian walks past the Shanghai Stock Exchange in Shanghai in 2020. (Photo by HECTOR … [+] RETAMAL/AFP via Getty Images) AFP via Getty Images Today’s listing at the Shanghai Stock Exchange ...
China’s Nezha Delivered More Cars than Nio in 2022
Despite the persisting coronavirus pandemic that led to shutdowns in China, the Chinese electric car market is still bubbling. Nezha, an upstart Chinese electric car company, claimed that it delivered...
China’s Ambitions for Dedollarization Take Another Step Forward
(Bloomberg) — China’s latest efforts to broaden interest in its onshore currency market show a firm commitment to bolstering the yuan’s global appeal as Beijing works on its approach to chip awa...
China’s Digital Yuan Little Used, Former Central Bank Official Says – Finance Bitcoin News
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no bene...
China’s U.S. Ambassador Qin Gang Promoted To Foreign Minister
Chinese Ambassador to the U.S. Qin Gang visits the International Leadership of Texas, Garland High … [+] School on May 31, 2022 in Dallas, Texas. (Photo by Liao Pan/China News Service via Getty ...