China Financial News

Subscribe to enjoy similar stories. As content focused on women is becoming increasingly popular in China, it is also drawing flack from men—and causing headaches for Chinese companies. Last month, e-commerce giant JD.com cut ties with the female comedian Yang Li after a promotional campaign triggered intense backlash from male customers, including some who threatened to stop shopping on the app.

Sensex and Nifty50, opened lower for the third consecutive session on Monday, as concerns over weak earnings and continued foreign outflows weighed on domestic equities. At 9:35 am, the BSE Sensex was down 34.20 points, or 0.04%, at 79,452, while the Nifty50 lost 8.80 points, or 0.04%, trading at 24,139.40.

Asian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations

Subscribe to enjoy similar stories. Amid much anticipation, China on Friday unveiled a $1.4 trillion economic support package, but left many disappointed, given the absence of any direct measures to address overall demand.

Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing's latest underwhelming stimulus package. Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four months in October while producer price deflation deepened.

Subscribe to enjoy similar stories. Higher government spending, and wedding and festival season uptick in sales could enable Nifty to notch the Street estimated earnings of ₹1,059 per share in the current fiscal. The real worry is the FY26 Nifty 50 EPS estimate of ~ ₹1,200-1,250, an 18% growth over that in FY24, which looks tough, given an estimated 5% earnings growth in the current fiscal, believes Nilesh Shah, managing director (MD) of Kotak Mahindra Asset Management Co.

Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Donald Trump's tariff proposals could worsen long-term inflation if global trade partners were to strike back.

China last quarter, a sign that some investors are still pessimistic even as Beijing rolls out stimulus measures aimed at stabilizing growth. China's direct investment liabilities in its balance of payments dropped $8.1 billion in the third quarter, according to data from the State Administration of Foreign Exchange released late Friday. The gauge, which measures foreign direct investment in China, was down almost $13 billion for the first nine months of the year. Foreign investment into China has slumped in the past three years after hitting a record in 2021, a casualty of geopolitical tensions, pessimism about the world's second-largest economy and stronger competition from Chinese domestic firms in industries such as cars. Should the decline continue for the rest of the year, it would be the first annual net outflow in FDI since at least 1990, when comparable data begins.

China is to be held in Zhuhai at South China's Guangdong province from November 12 to 17. The People's Liberation Army (PLA) every year displays its capabilities at the air show. The PLA Navy will display J-15T jet designed to be operated from the 3rd aircraft carrier, the Fujian, which is equipped with an electromagnetic catapult unlike the other two carriers, Liaoning and Shandong, which are fitted with ski-jump take-off ramps. The design of the J-15T is based on the baseline type of the J-15 and was modified to allow it to be launched by an aircraft carrier's catapult system, official media here reported.

Donald Trump's former Treasury secretary, Steven Mnuchin, said he will not seek to join the president-elect's new administration but is ready to offer advice to his successor, including on how to strengthen sanctions on Iran and Russia and contain the growth of U.S. debt. In an interview, Mnuchin told Reuters it was important for the Treasury to work towards strengthening U.S. trade policy. This includes holding Beijing to its U.S. goods purchase commitments in Trump's January 2020 Phase One deal to rebalance U.S.-China trade, which he said «they're not living up to.» Serving as Treasury chief during Trump's first term «was the experience of a lifetime, and I'm happy to advise on the outside,» Mnuchin said on Friday. «I'm sure they'll have a lot of great choices.»

China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that's likely to increase tensions over overlapping territorial claims. The Foreign Ministry on Sunday posted online geographic coordinates for the baselines around Scarborough Shoal. A nation's territorial waters and exclusive economic zone are typically defined as the distance from the baselines. Both China and the Philippines claim Scarborough Shoal and other outcroppings in the South China Sea. China seized the shoal, which lies west of the main Philippine island of Luzon, in 2012 and has since restricted access to Filipino fishermen there. A 2016 ruling by an international arbitration court found that most Chinese claims in the South China Sea were invalid but Beijing refuses to abide by it. Ships from China and the Philippines have collided several times as part of increased confrontations, and the Chinese coast guard has blasted Philippine vessels with water cannons.

Indonesia's new leader has called for collaboration rather than confrontation with China

Trump set to become the next US president after the recently closely contested president polls, India and other Asian countries are expected to benefit due to rising US-China tensions and potential investment restrictions in strategic sectors, as per Moody's Ratings. «In the Asia-Pacific region, trade and investment flows might be further diverted away from China as the US tightens investments in strategic sectors, which would negatively affect China's economy and consequently dampen regional growth. However, this shift might benefit India and ASEAN countries,» the global rating agency said. The global agency anticipated a significantly shift under the Trump administration across fiscal, trade, climate, and immigration issues, departing from the approach of the administration of the current US President Joe Biden.

Subscribe to enjoy similar stories. India’s infrastructure planning is set to get more extensive with the government preparing to include the military’s requirement to ensure civilian projects can also be made available to the armed forces if necessary. The initiative—planned under Prime Minister Gati Shakti, also known as the National Master Plan for Multi-modal Connectivity—will focus on building dual-use projects across all segments of infrastructure such as roads, ports, power and airports, two officials told Mint.

California farmers have been devoting more land to pistachios, which are seen as hardier and more drought-tolerant in a state prone to dramatic swings in precipitation

Subscribe to enjoy similar stories. Wall Street’s verdict is clear: A second Trump presidency is likely to deliver a blow to an export-dependent European Union that is struggling with sclerotic economic growth and ever-multiplying political crises. Whether it will finally spark some change is the question for patient investors.

Subscribe to enjoy similar stories. A billion years ago, as one tectonic plate ripped apart from another, two chambers of magma were sealed off beneath what would later become Greenland. As thousands of years passed, the magma cooled, each layer crystallising under rarefied conditions.

markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

For Indian investors, this principle is just as relevant for country diversification as it is for asset diversification. While investing in India alone can yield strong returns driven by a robust economy, expanding into global markets offers unique benefits that domestic equities alone would not be able to offer.