Category: Chinas
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Analysis-Lessons from Iran missile attacks for defending against China’s advanced arsenal By Reuters
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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…
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Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
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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…
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Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
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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…
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China’s BYD expects to swiftly lift sales in Germany, executive tells FAS By Reuters
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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…
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China’s briefing on stimulus gets lukewarm investor reception
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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…
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China’s FX conundrum mutes stimulus optimism: McGeever By Reuters
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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…
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China’s FX conundrum mutes stimulus optimism: McGeever By Reuters
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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…
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Crypto Breakout Edges? China’s Stimulus May Fuel Rally, Says QCP Capital—Here’s Why
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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…
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Crypto Breakout Edges? China’s Stimulus May Fuel Rally, Says QCP Capital—Here’s Why
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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…
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Euro firms against dollar, yuan jumps on China’s stimulus boost By Reuters
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By Ray Wee and Linda Pasquini LONDON/SINGAPORE (Reuters) – The euro edged up against the dollar on Wednesday while the yuan hit its strongest level in more than a year as China’s aggressive stimulus package provided the latest boost to risk appetite. The US dollar – the traditional safe-haven currency…
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China’s Leapmotor and Stellantis open orders in Europe for budget EVs By Reuters
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MILAN (Reuters) – Chinese automaker LibMotor and partner Stellantis said on Tuesday they would start taking orders in Europe for a city car and an SUV as they expand their low-cost electric vehicle offering in the region. Stellantis owns a 51% stake in its joint venture Leapmotor International and has…
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China’s youth unemployment rate hit a fresh high in the latest data
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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US bill to restrict business with China’s WuXi AppTec, BGI passes House By Reuters
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By Karen Freifeld (Reuters) – The U.S. House of Representatives on Monday passed a bill aimed at restricting transactions with China’s WuXi AppTec, BGI and several other biotech companies on national security grounds. The first floor vote was on the Biosecurity Act, which would ban federal contracts with targeted companies…
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ForexLive Asia-Pacific FX news wrap: China’s CPI slows, PPI plunges
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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China’s central bank didn’t buy any gold in August
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Gold monthly China’s central bank did not announce any gold purchases in August, saying reserves remained at 72.80 million troy ounces. Announced purchases stopped in May after several months of accumulation. Reports later suggested that the People’s Bank of China had become price sensitive. In February, the People’s Bank of…
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Bernstein breaks down China’s robotaxi scene By Investing.com
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Investing.com – China’s robotaxi market is a rapidly evolving sector, with leading tech companies vying for dominance through technological innovation and strategic city launches. The robotaxi market is primarily based on LIDAR-based devices and advanced neural network technology, which supports fully autonomous driving at Level 4 (L4). Key players in…
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US is building allies network to counter China’s threat, top diplomat to Taiwan says By Reuters
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Written by Yimou Li and Fabian Hamacher TAIPEI (Reuters) – The United States is building a network of alliances in the Indo-Pacific region to counter China’s threats there, the top U.S. diplomat in Taiwan said on Wednesday, adding that the island was not Beijing’s only target in its bid to…
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China’s Xi says committed to stable relationship with US based on win-win cooperation
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…