Category: China
-
Ailing China Steel Sector Seized by Talk of ‘Supply Reform 2.0’
•
Bread path links PMN Business China’s steel industry is heading by preparing it towards the largest disposal of it in a decade, with speculation that Beijing will ask to close the factory in response to the slow building slow and a wave of protectionism abroad. The author of the article:…
-
Apple unveils $500bn US investment drive to circumvent Trump’s China tariffs
•
Apple has announced plans to spend 500 billion dollars (400 billion pounds) and employ 20,000 additional employees in the United States, as it seeks to protect itself from the impact of the latest tariff for President Donald Trump targeting goods in China. Tim Cook, CEO of Apple, revealed a four…
-
Exclusive-Abrdn to launch China asset management venture with Citic unit, sources say
•
Written by Selena Lee Hong Kong (Reuters) – ABRDN said in advanced talks with Citic Bank to launch a joint asset management project in China, as two people are aware of this issue, as the British company is looking to enhance its presence in the second largest economy in the…
-
Xi-Jack Ma Chat Seen as Next Catalyst for Blistering China Rally
•
(Bloomberg)-The possible meeting this week between President Xi Jinping and the e-commerce icon, Jack Ma, after technology shares managed, can be the next catalyst that extends the gathering in China’s shares. Most of them read from Bloomberg People familiar with the matter said last week that prominent entrepreneurs, including MA,…
-
DeepSeek Drives $1.3 Trillion China Stock Rally as Funds Pile In
•
(Bloomberg) – Deepseek penetration in artificial intelligence helps to push the rotation of stock boxes to China from India. Most of them read from Bloomberg The hedge funds were accumulating to Chinese stocks in the fastest frequency in months, adding the rise in the technological gathering that Deepseek is to…
-
Laopu Gold’s jewellery is selling like hot cakes despite tepid consumer spending in China
•
Lubo GoldA jeweler appeared in Beijing, known for his manual accessories, as a favorite The wealthy consumersWhere luxury global brands such as Louis Vuitton and Gucci are wrestling with lukewarm consumer spending in China and slow sales throughout the region. With only 36 stores in Greater China, the company listed…
-
US Postal Service restarts China deliveries as Trump tightens import tax rules
•
US Post Service (USPS) has resumed acceptance of parcels from the mainland of China and Hong Kong, reflecting a brief comment that led to new trade measures presented by President Donald Trump. This step follows a major shift in import duties in America, where the White House canceled the exemption…
-
DeepSeek Shock Fires Up Bullish Bets on Cheap China Tech Stocks
•
(Bloomberg) – China’s increasing influence in the field of artificial intelligence has sparked a wave of optimism towards technology shares in the country, with a scale in the bull and brokers market to make optimistic calls. Most of them read from Bloomberg Listen here why podcasts on Apple, Spotify, or…
-
US Postal Service halts china parcels following new Trump trade measures
•
The US Post Service (USPS) has stopped accepting the parcels from the mainland of China and Hong Kong “until another notice”, as the new bases closed a loophole that allows saving customs duties for low -value goods. The comment comes amid increasing tensions between the United States and China, which…
-
Bitcoin Struggles To Hold $100,000 As China Strikes Back With US Import Tariffs
•
This article is also available in Spanish. Bitcoin (BTC) enjoyed a summary of relief yesterday, as the United States launched 25 % commercial tariffs on Mexico and Canada for a month. However, the United States continued a 10 % tariff for China, prompting reprisal measures from Beijing. The escalation has…
-
Dow, S&P 500, Nasdaq recover as China hits back on tariffs, traders assess new jobs data
•
US stocks moved higher on Tuesday as investors assessed China’s instant retaliation to US President Donald Trump’s additional tariffs amid worries about the risk of a trade war. Traders also took in fresh jobs data, with job openings declining more than expected in December. Investors are continuing to watch any…
-
Auto sector frets that tariffs will destroy EV transition, help China
•
Bread path links Commodity energy Electric vehicles The car sector in Canada sends 90 percent of its exports to the United States Get the latest from Gabriel Friedman directly to your inbox subscription February 03, 2025 • 4 minutes read You can save this article by registering for free here.…
-
Trump orders steep tariffs on goods from Mexico, Canada, China
•
NEW YORK/SENGAFORA (Reuters) -President Donald Trump ordered 25 % on Canadian and Mexican imports and 10 % on goods from China starting on Tuesday to address what he calls a national emergency of fentanel and illegal immigration in us Here are some comments from strategists and investors: Nick Todel, Senior…
-
The global AI race: Is China catching up to the U.S.?
•
Breadcrumb Trail Links Financial Times Innovation The release of DeepSeek’s new model has shaken assumptions about who has the upper hand in developing the technology Author of the article: Financial Times Madhumita Murgia, Richard Waters and Eleanor Olcott Published Feb 01, 2025 • Last updated 7 minutes ago • 9 minute…
-
DeepSeek Shows China Playbook for Even Bigger US Shock on Chips
•
Bread path links PMN Business The success of the new artificial intelligence model from Deepseek indicates how China can eventually achieve a larger technological penetration in the face of American export restrictions: the production of its advanced chips. The author of the article: Bloomberg News Gao Yuan and Falad Savov…
-
Trump Would ‘Rather Not’ Put Tariffs on China, Maintains Threat
•
Bread path links PMN Business President Donald Trump said he prefers not to be forced to a tariff on China, and his last notes are available to the second largest economy in the world even with the continued threat of comprehensive work. The author of the article: Bloomberg News Bloomberg…
-
China Tones It Down at Davos This Time Ahead of Trump Tariffs
•
Breadcrumb links BMN Business In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese president to address the World Economic Forum in Davos, Switzerland, drawing applause as he criticized protectionism and declared that a trade war would hurt both sides. Article writer: Bloomberg News…
-
Mayors from China, ASEAN discuss urban openness, cooperation
•
Article content Nanning, China, Jan. 17, 2025 (GLOBE NEWSWIRE) — Mayors, representatives and experts from China and ASEAN countries gathered in Nanning, the capital of south China’s Guangxi Zhuang Autonomous Region, to discuss urban openness and cooperation during the dialogue that opened on Thursday. . Article content Hosted by the…
-
China Faces Gloomy Earnings Season Amid Doubts Over Stimulus
•
Breadcrumb links BMN Business China’s stimulus campaign came too late and was too small to have a significant impact on full-year corporate earnings, according to analysts, leaving investors bracing for a disappointing earnings season. Article writer: Bloomberg News Bloomberg News Posted on January 16, 2025 • 3 minutes read You…
-
Rachel Reeves’ China visit restores crucial links with world’s second-largest economy
•
Deals worth £600m have been concluded, potentially adding £1bn of value to the UK economy, following Chancellor Rachel Reeves’ trip to Beijing. Winnie Cao, head of the China office and China business group at Blake Rotenberg, described the fruitful discussions between Reeves and Vice Premier He Lifeng as a positive…