Tag: China
Trump confirms ongoing trade talks with China despite Beijing’s denial
US President Donald Trump, fresh off Marine One, landed at Leesburg Executive Airport Landing Zone in Leesburg, Virginia on April 24, 2025. Trump confirmed ongoing trade talks with China despite Beijing saying there weren't...
Nvidia faces competition from China’s Huawei amid U.S. sanctions
Nvidia, a prominent chip giant, recently highlighted the increased competition it faces from Huawei, a Chinese telecommunications company, amid U.S. sanctions. In its annual filing, Nvidia included Huawei in its list of competitors for...
Xi Jinping Addresses Top Executives on Private Sector Growth
Chinese President Xi Jinping recently addressed a group of top executives at a closed-door symposium in Beijing, signaling a strong show of support for the private sector amidst economic challenges. The meeting, which took...
Beijing’s Resolve Tested as Weakening Yuan and Trump’s Return Fuel Tariff Worries
Beijing Navigates Choppy Waters Amid Yuan Woes and Tariff FearsAmidst the swirling economic currents of a weakening yuan and the looming specter of President Trump's return to office, Beijing finds itself at a critical...
Trump and China’s Xi Discuss TikTok, Trade, and Fentanyl: President-Elect’s Update
President-Elect Trump and China's Xi Jinping Discuss TikTok, Trade, and FentanylPresident-elect Donald Trump recently had a phone conversation with Chinese President Xi Jinping, covering a range of crucial topics including TikTok, trade, and fentanyl....
Apple Stock Plummets Amid China and AI Struggles
Apple Stock Plummets Amid China and AI StrugglesIn a surprising turn of events, Apple Inc. faced a significant drop in its stock price, closing down 4% on Thursday, marking its worst day since Aug....
Potential Value of TikTok’s U.S. Operations Could Reach $50 Billion
**Potential Value of TikTok's U.S. Operations Could Reach $50 Billion**Business moguls like Elon Musk may need to open their wallets wide if they want to snatch up TikTok's U.S. operations. The popular social media...
Alternative Chinese Social Media App Gaining Popularity Amidst TikTok Ban Fears
RedNote Surpasses TikTok in App Store PopularityIn a wave of uncertainty surrounding the future of TikTok in the U.S., an alternative Chinese social media app called RedNote, also known as Xiaohongshu in China, has...
Apple’s Declining iPhone Shipments in China: Analyst Kuo’s Insights
**Apple's Declining iPhone Shipments in China: Analyst Kuo's Insights**Apple is facing a significant challenge in China as its iPhone shipments continue to decline, according to a report by supply chain analyst Ming-Chi Kuo. The...
Tesla Model Y Refreshed Launch in China to Compete with Local Rivals
**Tesla Launches Refreshed Model Y in China to Compete with Local Competitors**Tesla made headlines in the automotive world with the launch of a revamped version of its popular Model Y in China. The U.S....
AI-Enhanced Chinese Robot Vacuum Cleaner with Arm Feature
Roborock Unveils AI-Enhanced Robot Vacuum Cleaner with Arm FeatureBeijing-based robot vacuum maker Roborock has taken the tech world by storm with the unveiling of its latest innovation: a cutting-edge vacuum cleaner equipped with an...
Tencent Takes on Amazon and Microsoft Cloud Dominance with WeChat Integration
Chinese tech giant Tencent is making strides in the cloud service industry by utilizing its WeChat super-app ecosystem to provide unique offerings to clients. Tencent Cloud CEO Dowson Tong highlighted the company's focus on...
Geely: Significant Growth Over 3 Years (OTCMKTS:GELYF)
Geely, a Chinese automotive company, has seen significant growth over the past three years. This growth is evident in their stock performance on the OTCMKTS market under the ticker symbol GELYF.Analysts have disclosed that...
China-linked Security Breach Targets U.S. Wiretap Systems
Recently, there has been a cyberattack on U.S. broadband providers that is believed to be linked to the Chinese government. The attack targeted wiretap requests, potentially giving China access to information about the American...
China’s Annual Growth Target Likely to Be Missed – Economic Analysis and Forecast
The recent economic data from China has been disappointing, leading to a revision in the annual GDP growth forecast for 2024. The country's economy has shown a renewed downturn, with weak domestic consumption being...
China’s Monetary Policy Framework Reforms: What You Need to Know
China's Monetary Policy Framework Reforms: What You Need to KnowThe Governor of the People's Bank of China, Pan Gongsheng, recently gave a speech at the Lujiazui Forum where he discussed China's monetary policy framework....
Hugo Boss Stock Drops 9% After Cutting 2024 Guidance Due to China Demand Decline
Hugo Boss, the German luxury fashion house, saw its stock drop by 9% after revising its sales guidance for 2024 due to a decline in demand from China. The company now expects full-year sales...
MLF Day in China: People’s Bank of China Not Expected to Cut Rates |...
The People's Bank of China announced on the 15th of this month that the Medium-term Lending Facility (MLF) rate will remain at 2.5%. This news comes amidst expectations of no change to the rate...
China Increases Oversight of Big Four Audit Firms Amid Evergrande Investigation – Reuters
China has intensified its supervision of the Big Four auditing firms, including Deloitte, EY, PwC, and KPMG, amid growing concerns about corporate malpractice. The Ministry of Finance has ramped up its scrutiny of these...
China’s Renewable Energy Expansion Struggles with Grid Capacity Limits
China's renewable energy expansion has reached unprecedented levels, with the country deploying record-breaking amounts of wind and solar capacity. However, this rapid growth has led to challenges in managing the grid capacity limits, resulting...
Australian Dollar Strengthens as China’s Manufacturing PMI Beats Expectations
The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2 in June, the fastest decline since May 2020. This negative...
China Resumes Buying Precious Metals: What It Means for the Market
China has recently resumed buying precious metals, causing a bullish trend in the market. Shanghai Futures Exchange (SHFE) traders are holding large positions in Gold and Silver, while Commodity Trading Advisors (CTAs) are expected...
Berkshire Hathaway Reduces Stake in Chinese EV Maker BYD to 6.9%
Warren Buffett, speaking during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, has been making headlines for reducing the company's stake in Chinese EV maker BYD to 6.9%. The conglomerate, an early investor...
China Economic Data Release Calendar: Retail Sales & Industrial Output – June 17, 2024...
China's economic data release calendar for retail sales and industrial output is set for June 17, 2024. This data is crucial in understanding the current state of China's economy, especially in relation to efforts...
China Regulator Tightens Restrictions on Short-Selling Practices
China's financial regulator has recently announced tighter restrictions on short-selling practices in the country. This move is aimed at reducing the potential risks associated with foreign exchange trading, particularly for investors who may not...
Sika Opens New Production Facility in Liaoning, China
Sika, a leading construction materials company, has recently inaugurated a new production facility in Liaoning, China. This new plant, located in the largest province in northeastern China, will focus on manufacturing a wide range...
ZhejiangPictorial | China’s Yiwu sees surges in orders as Paris 2024 approaches
ZhejiangPictorial | China's Yiwu Experiences Surge in Orders Ahead of Paris 2024 OlympicsYiwu, a renowned small commodities manufacturing hub located in east China's Zhejiang Province, is currently experiencing a significant increase in production orders...