(Bloomberg) — From Beijing’s accelerating pivot away from Covid Zero to the deep distrust of President Xi Jinping among American investors, here’s my roundup of this week’s key developments in C...
Tag: Xis
Crypto, the Real Test of Xi’s Detente – Trustnodes
“The vast earth can fully accommodate the development and common prosperity of China and the United States.” So said China’s re-‘elected’ president Xi Jinping in the first meeting with the US presiden...
Rethinking China: Xi’s Power Play Could Bring Down Stocks Even More
Chinese stocks have lost roughly half their market value, or almost $1.5 trillion, over the past two years. But the damage may not be over as investors reassess their China allocations after President...
President Xi’s Tightening Grip On China Could Boost Some Chinese Stocks
Xi Jinping’s presidency will continue for a third five-year term, scaring investors concerned about his crackdown on China’s tech companies in recent years. Getty Images Chinese president ...
Investor fears about Xi’s new leadership team ‘may be misguided’
Li Qiang, likely to become the next premier, is pictured here speaking at a major annual financial conference in Shanghai in 2020. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese stocks’ ...
Top Stocks Shed Nearly $70 Billion In U.S. As Xi’s Third Term Puts Market On Edge
Topline Shares of the largest Chinese companies listed on U.S. exchanges tanked by as much as 25% Monday after Chinese President Xi Jinping secured an unprecedented third term, as losses to the tune o...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
Chinese Markets Tumble as Xi’s Tightening Grip Alarms Investors
(Bloomberg) — China’s yuan weakened and country’s stocks tumbled to the lowest level since the depths of the 2008 global financial crisis in Hong Kong, a stark rebuke of President Xi Jinping’s m...
China Is Pariah for Global Investors as Xi’s Policies Backfire
(Bloomberg) — After drawing foreign capital into China’s markets for years, President Xi Jinping is now facing the risk of a nasty period of financial de-globalization. Investors point to one ma...
Xi’s Shanghai lockdown and Putin’s Ukraine invasion are screwing up inflation’s return to normal
Inflation just keeps going up. The U.S. inflation rate rose 8.5% in March, with the prices of food, gas, and housing going up the most. Before last summer, those kinds of numbers hadn’t been seen in t...
Putin’s Gamble In Ukraine Is Xi’s Pot To Win
On October 6, 1973, a coalition of Arab states armed with Soviet weaponry launched a surprise invasion of Israel during Yom Kippur, a Jewish holy day. The U.S. and the Netherlands, among other countri...