Category: Chinas
-
Yuan’s Rally Versus Peers Suggests China’s Defense Can Backfire
•
Breadcrumb links BMN Business China’s tight grip on the yuan at home is creating an unintended side effect that will hamper its efforts to revitalize the economy – weakening the competitiveness of exporters. Article writer: Bloomberg News Bloomberg News Published on January 3, 2025 • 2 min read You can…
-
Yuan’s Rally Versus Peers Suggests China’s Defense Can Backfire
•
Breadcrumb links BMN Business China’s tight grip on the yuan at home is creating an unintended side effect that will hamper its efforts to revitalize the economy – weakening the competitiveness of exporters. Article writer: Bloomberg News Bloomberg News Published on January 3, 2025 • 2 min read You can…
-
Brazilian Miner Boosts Rare Earths Output in Challenge to China’s Grip
•
Breadcrumb links BMN Business Brazilian mining group Serra Verde is ramping up production of rare earth minerals at a time of increasing trade friction between the United States and China, the world’s dominant supplier of minerals vital to technology. Article writer: Bloomberg News Mariana Durao Published on January 02, 2025…
-
China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
•
(Bloomberg) — From Tesla chargers in the ancient alleys that surround Beijing’s Forbidden City to isolated highway rest stops with charging points in the western deserts, signs of the electrification of China’s transportation fleet — and the demise of gasoline — are everywhere. Most read from Bloomberg China’s sales of…
-
Let Poetry Illuminate China’s Green City — The 2nd Nanning International Poetry Week Opens
•
Article content Publicity Department of Nanning Municipal Party Committee Nanning, China, Nov. 12, 2024 (GLOBE NEWSWIRE) — On November 9, the Second Nanning International Poetry Week was officially opened, co-hosted by the Poetry Magazine of the Chinese Writers Association and the Publicity Department of the Nanning Municipal Party Committee. Poets…
-
Maersk Secures Green Ship Fuel in Supply Deal With China’s Longi
•
Breadcrumb links BMN Business Shipping giant AP Moller-Maersk A/S has struck a long-term supply deal for clean biomethanol from a Chinese facility, the latest iteration in its search for low-emission marine fuels. Article writer: Bloomberg News Jack Whittles and Sarah Sjolin Posted on October 30, 2024 • 2 min read…
-
China’s GDP, Buyback Plans Fuel Asia Stock Gains: Markets Wrap
•
(Bloomberg) — Asian stocks rose as investors digested better-than-expected Chinese economic data and details of an additional share buyback program from the Chinese central bank. Most read from Bloomberg Stocks in China and Hong Kong extended gains after the People’s Bank of China said it had established a re-lending mechanism…
-
Dollar holds gains while investors parse China’s stimulus plans By Reuters
•
Written by Vidya Ranganathan SINGAPORE (Reuters) – The dollar maintained its gains and even extended some gains in Asian trading on Monday as a holiday in Japan drained liquidity, leaving somewhat disappointing Chinese stimulus announcements at the end of the week the focus of market attention. The euro fell 0.13%…
-
Dollar holds gains while investors parse China’s stimulus plans By Reuters
•
Written by Vidya Ranganathan SINGAPORE (Reuters) – The dollar maintained its gains and even extended some gains in Asian trading on Monday as a holiday in Japan drained liquidity, leaving somewhat disappointing Chinese stimulus announcements at the end of the week the focus of market attention. The euro fell 0.13%…
-
Analysis-Lessons from Iran missile attacks for defending against China’s advanced arsenal By Reuters
•
Written by Jerry Doyle SINGAPORE (Reuters) – Iran’s missile barrage this month on Israel, after a similar large-scale attack in April, shows the value and shortcomings of the missile defenses of the United States and its allies in a potential Indo-Pacific conflict with China, analysts say. He says. Although the…
-
Analysis-Lessons from Iran missile attacks for defending against China’s advanced arsenal By Reuters
•
Written by Jerry Doyle SINGAPORE (Reuters) – Iran’s missile barrage this month on Israel, after a similar large-scale attack in April, shows the value and shortcomings of the missile defenses of the United States and its allies in a potential Indo-Pacific conflict with China, analysts say. He says. Although the…
-
Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
•
JAKARTA (Reuters) – Indonesia has asked Alphabet Inc (NASDAQ:) and Google (NASDAQ:) to ban Chinese fast-fashion e-commerce company Temu in their app stores in the country so it cannot be downloaded, an Indonesian minister said on Friday. . Communications Minister Budi Ari Setiadi told Reuters that the move aims to…
-
Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
•
JAKARTA (Reuters) – Indonesia has asked Alphabet Inc (NASDAQ:) and Google (NASDAQ:) to ban Chinese fast-fashion e-commerce company Temu in their app stores in the country so it cannot be downloaded, an Indonesian minister said on Friday. . Communications Minister Budi Ari Setiadi told Reuters that the move aims to…
-
China’s BYD expects to swiftly lift sales in Germany, executive tells FAS By Reuters
•
FRANKFURT (Reuters) – Chinese electric car maker BYD (SZ:) executive vice president Stella Li said she expects its sales in Germany to increase within six months. BYD will gain a foothold in Germany in “less than half a year,” Li told the Frankfurter Allgemeine Sonntagszeitung (FAS) newspaper. She criticized EU…
-
China’s briefing on stimulus gets lukewarm investor reception
•
SINGAPORE (Reuters) – China said on Saturday it would significantly increase government debt issuance to provide support to low-income people, support the property market and replenish state banks’ capital as part of its efforts to revive faltering economic growth. Finance Minister Lan Fuan told a news conference that there would…
-
China’s FX conundrum mutes stimulus optimism: McGeever By Reuters
•
Written by Jamie MacGyver ORLANDO, Fla. (Reuters) – It’s safe to say that the timing and scale of the stimulus measures launched by China this week were largely driven by the U.S. Federal Reserve’s massive interest rate cut just a few days ago. Unfortunately for China’s policymakers, however, the US…
-
China’s FX conundrum mutes stimulus optimism: McGeever By Reuters
•
Written by Jamie MacGyver ORLANDO, Fla. (Reuters) – It’s safe to say that the timing and scale of the stimulus measures launched by China this week were largely driven by the U.S. Federal Reserve’s massive interest rate cut just a few days ago. Unfortunately for China’s policymakers, however, the US…
-
Crypto Breakout Edges? China’s Stimulus May Fuel Rally, Says QCP Capital—Here’s Why
•
China’s recent stimulus measures have sparked optimism in global financial markets, and according to QCP Capital analysts, the effects could soon extend to the crypto space. While stock indices have responded positively to China’s economic policies, the cryptocurrency market has yet to see a similar surge. However, QCP Capital believes…