Inside China’s Green Initiative

Inside China’s Green Initiative

As China enters a new development stage, different regions and sectors across the country are gearing up to improve the quality of development in the world’s second largest economy. Joining panel discussions during China’s ongoing Two Sessions, President Xi Jinping underscored several key words crucial for the development in the coming years: new development paradigm, […]

China US Trade News

China US Trade News

China is ready to work with the United States to bring bilateral relations back on the right track, State Councilor and Foreign Minister Wang Yi said Sunday. Making the remarks at a press conference, Wang said the two sides should follow through on the outcomes of the phone conversation between Chinese President Xi Jinping and […]

China Exports Growing

China Exports Growing

China’s foreign trade maintained upward momentum in the first two months of 2021, with exports posting strong performance, official data showed Sunday. The country’s total imports and exports of goods expanded 32.2 percent year on year to 5.44 trillion yuan (about 838.16 billion U.S. dollars) in the January-February period, according to the General Administration of […]

China Looks to Sustainable Future

China Looks to Sustainable Future

China has set a sound growth target for 2021, leaving room for policymakers to carry out arduous reforms to tackle bottlenecks constraining sustainable development. “A target of over 6 percent (of economic growth) will enable all of us to devote full energy to promoting reform, innovation, and high-quality development,” Premier Li Keqiang said in the […]

China Continues Growth

China Continues Growth

Steady trade relations with China have boosted the economies of many countries as they are trying to pursue a rapid recovery from the COVID-19 pandemic. According to the latest official data, as China’s consumption demand continues to increase thanks to its ongoing high-level opening-up and economic rebound from COVID-19, many of the world’s major economies […]

China Reopening Helps World Economy

China Reopening Helps World Economy

China’s commitment to greater opening-up in the government work report delivered at the annual “two sessions” will serve as a catalyst for global recovery, experts have said. Attending the opening meeting of the fourth session of the 13th National People’s Congress on Friday in Beijing, Chinese Premier Li Keqiang presented the government work report on […]

200 billionaires were created in China last year

200 billionaires were created in China last year

More than 200 billionaires were created in China last year as booming stock markets and a flood of new listings offset the ravages of the virus pandemic, according to a global tally released Tuesday. The size of China’s exclusive billionaire’s club has almost doubled in the past five years as the world’s number two economy […]

China is Ramping Up Economy

China is Ramping Up Economy

Manufacturing activities outpaced expectations Manufacturing PMI was 50.6 in February and fell from 51.3 in January, but is still expanding. This signals some factory workers were still working during the Chinese New Year, where manufacturing activities sub PMI was 51.3 in the month, having fallen from 53.5 in the previous month. This should be the […]

China Data Shows Strong Growth

China Data Shows Strong Growth

Braving the virus test and challenges in domestic and international situations, the Chinese economy ended 2020 on solid footing, becoming the only major economy to achieve positive growth in the pandemic-ravaged year. Here are some related facts and figures from a communique released by the National Bureau of Statistics on Sunday. — GDP grew 2.3 […]

Asia Prefers China’s Sinovac in Coronavirus Fight

Asia Prefers China’s Sinovac in Coronavirus Fight

When a plane carrying Thailand’s first batch of COVID-19 vaccines from China’s Sinovac landed at an airport here on Wednesday, people waiting on the tarmac cheered and applauded. “Thank you to the People’s Republic of China for delivering the first batch of vaccines this month and the following batches in the subsequent months,” said Thai […]

China Loves Copper

China Loves Copper

With the price of copper reaching a 10-year high thanks in no small part to China’s insatiable appetite, Chile, the world’s leading producer, faces a “unique” opportunity, experts told AFP. Copper rose to $4.21 a pound on the London Metal Exchange on Wednesday, meaning it has doubled its price since March 2020. Now experts believe […]

China Addresses the Biden Administration

China Addresses the Biden Administration

Chinese State Councilor and Foreign Minister Wang Yi on Monday called on U.S. policymakers to abandon biases, give up unwarranted suspicions, and move to bring the China policy back to reason to ensure a healthy and steady development of China-U.S. relations. Wang made the remarks when delivering a speech at the opening of the Lanting […]

Imax (NYSE:IMAX) Stock Marks 52-Wk High on Booming China Box Office

Imax (NYSE:IMAX) Stock Marks 52-Wk High on Booming China Box Office

#Imax #China #BoxOffice $IMAX Shares in the giant screen exhibitor rose 10% to 20.47 as Chinese language tentpoles ‘Detective Chinatown 3‘ and ‘Hi, Mom’ topped attendance in Chinese theaters. Shares in Imax (NYSE:IMAX) surged after China’s Lunar New Year holiday propelled Detective Chinatown 3 and Hi, Mom to blowout box office performances. Market analysts and hammered North American exhibitors […]

Changes to China Stocks

Changes to China Stocks

— The Chinese stock market kicked off the first trading day of the Year of the Ox with widespread gains. — As China steps up capital market reforms, Chinese stocks and bonds will become increasingly attractive to both domestic and international investors. — China’s financial opening up is running at full tilt despite the changing […]

It was a Good New Year in China

It was a Good New Year in China

China’s economy continued to gather steam during the Spring Festival period, although millions of people have stayed put for the weeklong holiday starting on Feb. 11, which usually sees mass migration across the country. The following are data highlights revealing China’s economic vitality during the holiday: — Consumer spending during the Spring Festival golden week […]

Mobile Games Boom in China

Mobile Games Boom in China

The top 30 Chinese mobile game publishers reported a surge in revenue last month thanks to their overseas market expansion. These game developers raked in over 2.3 billion U.S. dollars in worldwide revenues in January, a surge of 47.3 percent year on year, according to Sensor Tower, a mobile app data analysis firm. The figure […]

China Continues Economic Rebound

China Continues Economic Rebound

China’s consumer inflation eased while factory-gate prices rebounded in January, official data showed Wednesday. The country’s consumer price index (CPI), a main gauge of inflation, declined 0.3 percent year on year in January, compared with a 0.2-percent increase in December last year, the National Bureau of Statistics (NBS) said. Food prices increased 1.6 percent year […]

Baltic Global Container Index: Demand for China Production Strong

Baltic Global Container Index: Demand for China Production Strong

Maritime container freight shipping is steaming ahead through the Covid-19 pandemic, boosted by strong demand for Chinese exports and a shortage of vessels according to industry experts. The Freightos Baltic Global Container Index (FBX), which tracks the cost of container shipping, has almost quadrupled for the China-Europe route since early November to stand at $7,827 […]

China Leading 5G Production

China Leading 5G Production

Shipments of 5G smartphones in China reached 167.5 million units in 2020, accounting for more than half of the total smartphone shipment throughout the year, according to global market intelligence firm International Data Corporation (IDC). In the fourth quarter last year, China shipped 60.1 million 5G handsets, data from IDC showed. Last year, the country […]

China to Merge Exchanges

China to Merge Exchanges

China’s securities regulator on Friday approved merging the Shenzhen Stock Exchange’s main board with the SME (small and medium-sized enterprises) board. The merger will follow the general principles of unifying business rules and unifying operation supervision modes, with issuance and listing conditions, investor thresholds, trading mechanisms, and stock codes and abbreviations remaining unchanged, said Pi […]

China Still Moving Forward

China Still Moving Forward

Factory activity in China slowed slightly in January, official data showed Sunday, as the country rushed to stamp out a recent coronavirus wave in northern China. The purchasing managers’ index (PMI), a key gauge of manufacturing activity, came in at 51.3 this month, as the world’s second-largest economy tightened Covid-19 precautions ahead of the Lunar […]

China Industrials Back to Growth

China Industrials Back to Growth

China recorded a steady increase in major industrial profits last year as market demand improved amid sustained economic recovery, according to the National Bureau of Statistics (NBS) on Wednesday. In 2020, the profits of major industrial firms with an annual business turnover of at least 20 million yuan (about 3.09 million U.S. dollars) rose 4.1 […]

China’s Stock Market Gained Over 18-M New Investors in 2020

China’s Stock Market Gained Over 18-M New Investors in 2020

#China #stock #market #investors Around 18.02-M investors in China opened accounts to trade stocks on the Shanghai and Shenzhen exchanges in Y 2020, industry data showed. That is a 36.04% increase from Y 2019 marking a record high not hit since Y 2017, according to the China Securities Depository and Clearing Corporation Limited. By the […]

China is Much More Confident Now

China is Much More Confident Now

#China #US #confident Mr. Biden now faces a very confident and determined Chinese leadership that could be further emboldened by his domestic troubles. But, will produce investment opportunities in the ‘middle kingdom‘. All of the chaos in the US gives China’s ruling Communist Party a boost as it pursues its long-running quest for national rejuvenation […]

China is Booming

China is Booming

China’s per capita disposable income reached 32,189 yuan (about 4,961 U.S. dollars) in 2020, more than double the level in 2010, official data showed Tuesday. The figure represents a 2.1-percent year-on-year increase in real terms after deducting price factors, said Fang Xiaodan, an official with the National Bureau of Statistics. During the last 10 years, […]

China Dominates IoT Market

China Dominates IoT Market

China will surpass the United States to become the world’s largest Internet of Things (IoT) market in 2024, according to an industrial report. The global IoT market is expected to reach a value of USD 1256.1 billion by 2025 from USD 690 billion in 2019 at a CAGR of 10.53%, during the period 2020-2025. … […]

US China Trade War Hurting Growth

US China Trade War Hurting Growth

Reducing tariffs on China by even a “moderate” amount would benefit the US economy, according to a study by a business council and an economics firm. The report released Thursday came as the United States awaits the inauguration of President-elect Joe Biden on Wednesday, who is expected to detail his trade policy the following day. […]

China Economic Data

China Economic Data

PMI 1. Manufacturing Purchasing Managers Index In December 2020, China’s Manufacturing Purchasing Managers Index (PMI) was 51.9 percent, down by 0.2 percentage point from last month, which was above the threshold for ten consecutive months, indicating that the manufacturing industry continued to recovery steadily. In terms of enterprise scale, the PMI of large enterprises was […]

Where is China Heading

Where is China Heading

China’s central bank outlined key policies and tasks for 2021 during an annual work conference held in Beijing. The People’s Bank of China (PBOC) said Wednesday in an online statement released after the meeting that it would adhere to the general principle of pursuing progress while ensuring stability, and offer effective financial support in accelerating […]

China Thrives on Tax Cuts

China Thrives on Tax Cuts

China Thrives on Tax Cuts The epidemic-induced lockdowns loomed over China’s economy in the first half of 2020, but with quick emergency response and government-aided stimulus package, the country’s economy roared back. Massive tax cuts and increased government spending have helped the economy recover faster. The market is also closely watching over the country’s fiscal […]

China Continues Green Push

China Continues Green Push

China’s delayed carbon trading system will start operating in February, the environment ministry has said, as the world’s biggest polluter takes steps towards decarbonising its economy by 2060. The ministry issued rules on Tuesday allowing provincial governments to set pollution caps for big power businesses for the first time. Firms can buy the right to […]

President Trump, Treasury Secretary Mnuchin Attack the NYSE on 3 China Telecom Stocks

President Trump, Treasury Secretary Mnuchin Attack the NYSE on 3 China Telecom Stocks

#PresidentTrump #SecretaryMnuchin #NYSE #ChinaStocks #delisting $DIA $SPY $QQQ $RUTX $ICE $VXX Late Tuesday, the NYSE said it is now reconsidering proceeding in delisting 3 major Chinese telecoms after Treasury Secretary Steven Mnuchin criticized its decision 18 hrs ago to grant the companies a reprieve. The NYSE’s pivot follows 18 hrs in which the exchange caught […]

What’s Hot in China for 2021

What’s Hot in China for 2021

What’s Hot in China for 2021 Optimism built up in the Chinese market at the beginning of 2021, with its stocks climbing and its currency gaining strength. China’s stock market headed into the new year on an upbeat note, with the benchmark Shanghai Composite Index rising 1.6 percent during the first two trading days. The […]

Tesla (NASDAQ:TSLA) Stock At All Time High On China News & Deliveries

Tesla (NASDAQ:TSLA) Stock At All Time High On China News & Deliveries

$TSLA #Tesla #Auto #Manufacturers #USA #Nasdaq #Stocks #Trading TeslaTicker: NASDAQ:TSLAPrice: $729.77 Tesla News Tesla stock soared to a new high Monday after the electric vehicle maker notched another delivery record during the fourth quarter. Tesla (TSLA) fell just short of its stated goal of 500,000 deliveries in 2020, but shares 3.4% to 729.77 on the stock market today, […]

China Telecom, China Mobile and China Unicom Rally as Expected

China Telecom, China Mobile and China Unicom Rally as Expected

The New York Stock Exchange abandoned plans to delist three state-owned Chinese telecom companies on Monday, reversing a decision that further dented already strained relations between the world’s two superpowers. In a brief statement, the stock exchange said it “no longer intends to move forward with the delisting action” for China Telecom, China Mobile and […]

China Mobile Communications, China Telecommunications Corp and China Unicom (Hong Kong) Limited are a Buy

China Mobile Communications, China Telecommunications Corp and China Unicom (Hong Kong) Limited are a Buy

Shares in China’s big three state-owned telecom companies slid in Hong Kong Monday during the first day of trading since the New York Stock Exchange announced it was delisting the firms. Friday’s move by the NYSE seeks to comply with an order by outgoing US President Donald Trump barring investment in firms with ties to […]

China is Still a Growth Story

China is Still a Growth Story

China’s foreign trade, with its “dark horse” performance in 2020 amid a pandemic-induced global recession, is expected to further stabilize in 2021, Reuters said in a recent analysis. Quoting several economic experts, the British news outlet wrote in its Chinese online edition that China’s foreign trade is expected to sustain due to an early recovery […]

Inside the China EU Deal

Inside the China EU Deal

China and the European Union (EU) on Wednesday announced they have completed investment agreement negotiations as scheduled. The long-awaited result, which came after 35 rounds of negotiations in the course of seven years, is a milestone in EU-China relations and is expected to inject new vitality into the pandemic-battered global economy, European experts, officials and […]

China Telecom Corporation Ltd., China Mobile Ltd. and China Unicom (Hong Kong) Ltd

China Telecom Corporation Ltd., China Mobile Ltd. and China Unicom (Hong Kong) Ltd

The United States’ act of abusing national security to suppress Chinese enterprises is inconsistent with market rules and will weaken the confidence of all parties in the U.S. capital market, a spokesperson for China’s Ministry of Commerce said Saturday. The spokesperson made the remarks in response to the New York Stock Exchange’s announcement Thursday to […]

China and Russia Extend Ties

China and Russia Extend Ties

Chinese President Xi Jinping said Thursday that he stands ready to maintain close contact with his Russian counterpart, Vladimir Putin, in various forms in a bid to lead their countries towards deeper comprehensive strategic coordination and practical cooperation in various fields. Xi made the remarks when exchanging New Year congratulations with Putin, adding that in […]

China and Europe Move Closer Together

China and Europe Move Closer Together

The European Union and China on Wednesday approved “in principle” a major investment pact that Brussels hopes will open up lucrative opportunities, despite concerns about Beijing’s rights record. EU chiefs Ursula von der Leyen and Charles Michel agreed with China’s President Xi Jinping to wrap up seven years of painstaking negotiations during a video conference […]

China’s Cryptocurrency the Digital Yuan

China’s Cryptocurrency the Digital Yuan

— China’s digital yuan, although still being piloted, promises to include more people in this fast-developing digital era, making daily life easier and digital payment more secure. — Unlike non-bank payment platforms that require users to link bank accounts, a digital wallet could be opened with any unique personal identification such as a driver’s license […]

A Billion+ China Virus Masks Have Wound Up in the Oceans

A Billion+ China Virus Masks Have Wound Up in the Oceans

#Mask #ChinaVirus #Oceans #environment #pollution “Once plastic enters the marine environment, it’s very difficult to move,” said Dr. Teale Phelps Bondaroff, director of research for OceansAsia. “What’s remarkable is we weren’t finding face masks before COVID,”– said Dr. Bondaroff. As mask mandates continue around the world a new type of environmental pollution is spreading as fast […]

Face Masks Do Not Prevent the Spread of The China Virus in Airline Settings

Face Masks Do Not Prevent the Spread of The China Virus in Airline Settings

#travel #masks #airplane #children #virus #infection $UAL “The notion that a young child would be able to comply with the detailed instructions for wearing a mask is beyond unreasonable, seeing how a vast majority of adults cannot even follow them” — Paul Ebeling A family was recently booted off a United Airlines flight because the […]

China Builds on Futures Market

China Builds on Futures Market

China’s drive to open its futures markets to the outside world has gathered pace with an ultimate goal to serve the real economy amid the country’s efforts to seek high-quality development. China currently has seven kinds of commodity futures and options open to direct participation by international investors, after overseas investors were allowed to participate […]

Can China Save Europe

Can China Save Europe

European businesses in China are hopeful of an EU-China investment deal by end of the year, the head of the European Chamber of Commerce in China said on Saturday, although Beijing has declined to commit to a deadline. The China-EU Comprehensive Agreement on Investment has been in the works for seven years, and is expected […]

China Closes Massive Asian Trade Deal

China Closes Massive Asian Trade Deal

Fifteen countries will on Sunday sign a sprawling Asian trade deal they hope will help them bounce back from the pandemic and which is seen as a huge coup for China in extending its influence. The Regional Comprehensive Economic Partnership (RCEP) — which includes 10 Southeast Asian economies along with China, Japan, South Korea, New […]

China Tech Investors Sell Off Seeing Worst-Case Scenarios

China Tech Investors Sell Off Seeing Worst-Case Scenarios

#China #Technology #investors #SellOff $DIA $SPY $QQQ $RUTX $VXX China has cast doubt on the future of its biggest internet companies and ignited a $290-B equity selloff. Investors are now gaming out how bad it might get for Alibaba Group Holding Ltd., Tencent Holdings Ltd. and other Chinese internet giants as Xi Jinping’s government prepares […]

New Rules:China Clamps Down on Internet Financial Sector

New Rules:China Clamps Down on Internet Financial Sector

#China #CBIRC #banking #internet #regulators #consumers #Alibaba $BABA China will borrow the play-book of foreign countries and step up anti-monopoly scrutiny in the financial sector to protect the interests of consumers, a senior official at the country’s Top banking watchdog said. The remarks by Liang Tao, Vice Chairman of the China Banking and Insurance Regulatory […]

WHO Helping China Propagate its Virus Misinformation

WHO Helping China Propagate its Virus Misinformation

#WHO #Virus #Misinformation #risk #propaganda Flawed test kits, misinformation, inconclusive investigations. From faulty test kits to sending out misinformation on the risk of spread from asymptomatic carriers, to faulty up advice on travel, the WHO has helped China cover up its failures on the handling of its Act of War Virus chaos. 9 months and […]

Futures Rally as Biden Seen Ending China Trade War

Futures Rally as Biden Seen Ending China Trade War

US markets appeared ready to welcome the possible election of Joe Biden, with futures for the major New York Stock Exchange indices rising on Sunday evening ahead of the week’s trading. At around 0015 GMT, futures contracts for December on the Dow Jones appreciated by 0.99 percent, on the Nasdaq by 1.28 percent and on […]

China Vs Jack Ma for the Future of Finance in Asia

China Vs Jack Ma for the Future of Finance in Asia

China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul of the nation’s financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite. Global markets were stunned Tuesday when Ant’s record-breaking $34 billion IPO was abruptly shelved, frustrating investors eager for a piece of […]

China Winning the US Election

China Winning the US Election

#joebiden #election #china If you are looking where to invest in the likely event Joe Biden is given the US Election via some very sketchy mail in voting, you don’t need to look past his employer. China is the big winner in this years US Election, the trade war will end, Chinese stocks will be […]

Tesla Making China a Winner

Tesla Making China a Winner

#Tesla $TSLA will this month begin exporting cars to Europe that are made at its new factory in Shanghai, the fast-growing US electric carmaker has announced. The Model 3 vehicles will be shipped to more than 10 countries including France, Germany, Italy and Switzerland, the group said in a statement sent Tuesday to AFP. “This […]

China’s Economy Rebounding

China’s Economy Rebounding

China’s economy grew 4.9 percent on-year in the third quarter, sustaining its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed Monday. But the world’s second-largest economy grew slightly below expectations in the July-September period, National Bureau of Statistics (NBS) data showed, which warned of uncertainty ahead as “the international […]

China Economy in Recovery

China Economy in Recovery

China’s economic recovery gathered pace in the third quarter, according to an AFP poll of analysts, with consumer spending gradually picking up as coronavirus fears eased, helping a wider rebound spurred by investment and exports. Growth in July-September is expected to come in at 5.2 percent when official data is released Monday, bringing the world’s […]

“I am Sick of China, the Tariffs Stay”–President Trump

“I am Sick of China, the Tariffs Stay”–President Trump

#PresidentTrump #China #tariffs $CORN $SOY President Trump vows to keep the pressure on China with tariffs if he is elected to a 2nd term. “Well, I’m going to use tariffs on China, because they want to take them off,” President Trump said in a TV interview, referring to the Joe Biden-Kamala Harris ticket’s trade plans. “We’re […]

United Airlines Restarts China Service

United Airlines Restarts China Service

$UAL #CHINA #COVID19 United Airlines today announced it will start nonstop service to China four-times weekly between San Francisco and Shanghai’s Pudong International Airport. Beginning Oct. 21, 2020, United will operate four weekly nonstop flights with Boeing 777-300ER aircraft from San Francisco to Shanghai on Wednesdays, Fridays, Saturdays and Sundays. Customers traveling from Shanghai will […]

IMAX Corporation (NYSE: IMAX) Surprise Winner in China

IMAX Corporation (NYSE: IMAX) Surprise Winner in China

IMAX Scores Record-Breaking $13 Million Opening Weekend Of National Day Golden Week Holiday In China National Holiday Grosses for IMAX Up 25% Over 2019, Pushing the Company to More Than $53 Million Box Office in China Since Theatres Reopened in July IMAX Corporation (NYSE: IMAX) today announced that the company scored a record-breaking $13 million […]

China Prepares for TikTok Retaliation

China Prepares for TikTok Retaliation

#CHINA #TIKTOK #HUAWEI China said Saturday it had launched a mechanism enabling it to restrict foreign entities, a much-anticipated move seen as retaliation to US penalties against Chinese companies such as telecom giant Huawei. An announcement by the Ministry of Commerce did not mention any specific foreign entities, but broadly spelled out the factors that […]

The China Virus Will Take a ‘Smaller Bite’ Out of the US Economy Than Expected

The China Virus Will Take a ‘Smaller Bite’ Out of the US Economy Than Expected

#Fed #PresidentTrump #economic #recovery #jobs #growth The Fed boosted its view of the American economy’s recovery from the China virus crisis Wednesday, projecting the chaos will take a smaller bite from the economy this year with 3 yrs of steady growth to follow. In new economic projections released along with the FOMC’s latest policy statement, […]

US China Trade Update

US China Trade Update

Top Chinese and US negotiators spoke on the phone Tuesday and agreed to “push forward” their phase one economic deal, amid soaring tensions between the two sides on several fronts. The US and China signed the accord in January, bringing a partial truce in their lingering trade war and obliging Beijing to import an additional […]

President Trump, “Satisfied With China Purchase Progress in Phase 1 Trade Deal”

President Trump, “Satisfied With China Purchase Progress in Phase 1 Trade Deal”

#PresidentTrump #China #trade Thursday, White House economic adviser Larry Kudlow said The Trump Administration is satisfied with China’s progress in meeting commitments to purchase US goods in a Phase 1 trade deal, signaling that the pact will survive an initial review Saturday. China “is now really picking their imports of our commodities — which is a […]

Will the US ban on WeChat sink Apple (NASDAQ:AAPL) in China?

Will the US ban on WeChat sink Apple (NASDAQ:AAPL) in China?

$AAPL #Apple #USA #WeChat #Nasdaq #Stocks #Trading #Markets AppleTicker: NASDAQ:AAPLPrice: $452.04 Company News Will the US ban on WeChat sink Apple in China? Washington’s decision to ban the Chinese superapp could force smartphone users in China to choose between the iPhone and their favourite app, according to this article in the Nikkei Asian Review. It […]

US-China Trade Deal in “Fine” Shape

US-China Trade Deal in “Fine” Shape

#USChina #trade No mater what you have heard, China is buying US goods as required. China is continuing to buy US goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other issues, White House economic adviser Larry Kudlow said Tuesday. Asked if deteriorating ties […]

China is Moving Away from US Agriculture, it will Lower Demand for USD

China is Moving Away from US Agriculture, it will Lower Demand for USD

Seven months after the United States and China signed a preliminary agreement to temper their trade war, Beijing’s purchases of US agricultural goods have yet to reach the deal’s target. As President Donald Trump readies for a tough reelection battle in November, US media reported the two sides are set to meet beginning August 15 […]

China Economy Continues Rebound

China Economy Continues Rebound

China saw another surprise jump in exports last month as the global economy slowly reopened after virus lockdowns, data showed Friday, but there were warnings that while the country is expected to get back on track by year’s end, overseas shipments would likely struggle. The readings, however, showed an unexpected fall in imports, highlighting the […]

Google (NASDAQ:GOOGL) Deletes YouTube Accounts With Ties To China

Google (NASDAQ:GOOGL) Deletes YouTube Accounts With Ties To China

$GOOGL #Google #YouTube #USA #China #Nasdaq #Stocks #Trading GoogleTicker: NASDAQ:GOOGLPrice: $1504.95 Company News Google deleted 2,500 YouTube accounts with connections to China between April and June in an effort to combat the intentional spread of misinformation on the platform. News of the removal comes as relations between China and the US grow increasingly tense, partly […]

China Vs the USA What are the Hot Topics

China Vs the USA What are the Hot Topics

Tensions between the United States and China have been rising over a range of issues from the handling of the coronavirus to national security, Hong Kong and trade. Washington ordered the closure of the Chinese consulate in Houston last month — accusing it of being a centre for spies — and China hit back by […]

India Banning China’s Big Tech Companies

India Banning China’s Big Tech Companies

#TENCENT $TCEHY India has banned 47 more Chinese apps just weeks after blocking the highly popular video-sharing platform TikTok and 58 others over national security and privacy concerns, an information ministry official and media reports said Monday. Tensions between the world’s two most-populous nations soared last month after a Himalayan border clash that left 20 […]

Yum China (NYSE: YUMC) Official Retail Food Services Sponsor of the Olympic and Paralympic Winter Games Beijing 2022

Yum China (NYSE: YUMC) Official Retail Food Services Sponsor of the Olympic and Paralympic Winter Games Beijing 2022

Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC) today announced that it has been named as the Official Retail Food Services Sponsor of the Olympic and Paralympic Winter Games Beijing 2022 (“Beijing 2022”). Yum China also becomes an Official Sponsor of the Chinese Olympic Committee through the end of 2024. As the […]

Maoyan Entertainment (Hong Kong: 1896), China’s movie market for the first half of 2020

Maoyan Entertainment  (Hong Kong: 1896), China’s movie market for the first half of 2020

Maoyan Entertainment (“Maoyan” or “the Company”) (Hong Kong: 1896), a leading platform providing innovative Internet-empowered entertainment services in China, has teamed up with online entertainment service provider iQIYI and China’s leading social media platform Weibo to jointly release a report on China’s movie market for the first half of 2020. The report draws from various […]

China Economic Update

China Economic Update

China saw forecast-beating economic growth in the second quarter after a record contraction in the previous three months, as businesses cautiously returned to normality after strict lockdowns across the country. The figures released Thursday follow a string of data showing the world’s number two economy slowly emerging from the outbreak, and should provide hope to […]

China Economy Rebuilding

China Economy Rebuilding

$BABA $SOHU #CHINA China has seen plenty of bad news but the Economy is set for a rapid rebound Chinese trade enjoyed surprise growth in June as the world slowly emerges from economy-strangling lockdowns, though officials warned of headwinds for recovery owing to the spread of the pandemic. The figures come days before the release […]

US to Ramp up Push Against China Tech Developers

US to Ramp up Push Against China Tech Developers

#TENCENT #BYTEDANCE #CHINA White House trade advisor Peter Navarro said Sunday he expected President Donald Trump to act firmly against the TikTok and WeChat applications, amid rising tensions between Washington and Beijing. Trump last week had said he is considering banning the wildly-popular TikTok app as a way to punish China over the coronavirus pandemic. […]

China Economy on the Improve

China Economy on the Improve

#CHINA #CORONAVIRUS China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts. The survey of analysts from 11 institutions pegged China’s growth at 1.3 percent — a far cry from the 6.1 percent expansion posted […]

Tuesday’s World Markets Outlook: Asia-Pacific, China blue-chip shares end at over 5-yr high in Bull run’s 6th day running

#world #stock #markets #coronavirus #AsiaPacific China blue-chip shares end at over 5-yr high in Bull run’s 6th day running Chinese blue-chip shares rose for a 6th straight day to close at a more than 5 yr highs Tuesday, as retail investors rushed to join the officially sanctioned Bull market, but stocks pared gains late in […]

World Stock Markets Running Due North, China Will Stimulate

World Stock Markets Running Due North, China Will Stimulate

#WallStreet #trend #bullish #ISM #C19coronavirus #FakeNews #stocks #markets $DIA $SPY $QQQ $RUTX $VXX The S&P 500 rose 1.6% Monday in a Bullish start to the week, but it was the NAS Comp (+2.2%) and DJIA (+1.8%) that gained the advantage on the day. The NAS closed at another record high, the Russell 2000 underperformed the […]

Gap Between Hong Kong and China is Gone Forever

Gap Between Hong Kong and China is Gone Forever

Hong Kong really does have a new normal, adjust your portfolio quickly as change is coming at a rapid rate. Hong Kongers are scrubbing their social media accounts, deleting chat histories and mugging up on cyber privacy as China’s newly imposed security law blankets the traditionally outspoken city in fear and self-censorship. China’s authoritarian leaders […]

1 2 3 76