China Financial News

DGTR) is probing the dumping of 1,1,1,2-Tetrafluoroethane or R-134a; Acrylonitrile Butadiene Rubber; certain Antioxidants; polytetrafluoroethylene; black toner powder cartridge; and colled rolled non-oriented electrical steel from China. According to six separate notifications, the applicants have alleged that material injury is being caused to the domestic industry due to the dumped imports of these products originating in or exported from China into India. They have requested for imposition of anti-dumping duty on these imports with a view to guard them from cheap imports.

gold bracelet you're wearing might not be made of pure gold, and you might not even realize it without cutting it open. This issue came to light when an X (formerly Twitter) user shared a video revealing how gold bracelets are being made. According to the user, the bracelets are manufactured in China with very little gold, and it's difficult to determine the actual gold content without cutting them open. «Images from China have sparked discussion. They are producing bracelets using minimal amounts of gold. It’s impossible to tell if the products are real without cutting them open,» the user stated.

Xi Jinping issuing a stern warning that the road ahead for the Communist nation won't be smooth as it is weighed down by economic headwinds coupled with intensifying rivalry with the US and growing tensions with neighbours, including India. A large number of people attended the ceremonial flag hoisting at the sprawling Tiananmen Square in Beijing on Tuesday to celebrate the National Day as the country shut down for a week-long holiday. Other than this, there were no festivities nor grand military parades displaying China's military might like in the 60th and 70th anniversaries of the National Day, but a rallying call from Xi asking people to prepare for hard times. «The road ahead won't be smooth and flat, there will be difficulties and obstacles. [We] might face high winds and rough seas, even stormy seas,» Xi said at a banquet on the eve of the anniversary as China tries to regain economic momentum amid an increasingly challenging set of geopolitical headwinds.

Subscribe to enjoy similar stories. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to an eight-month low of 56.5 in September from 57.5 in August. A reading of 50 separates expansion from contraction.

Wall Street closed its latest winning month and quarter with more records on Monday

Gandhi Jayanti. Accordingly, all the segments including, the equity, derivative, and SLB will be closed. The multi-commodity exchange will also be closed for both morning and evening sessions.

Subscribe to enjoy similar stories. China’s real-estate bust left behind tens of millions of empty housing units. Now that historic glut of unoccupied property is colliding with China’s shrinking population, leaving cities stuck with homes they might never be able to fill.

Adrian Mowat, EM-Equity Strategist, says initially China market rally will lead to outflows from India, but in the medium term, this will be very positive for inflows into emerging market equities by global investors and India ranked first equal as the largest market will benefit from that. It is very difficult to encourage people to buy emerging market ETFs if China is doing poorly, which has been very much the case for the last couple of years. India just got slightly bigger than China, but China and India are two biggest markets in EM and they are both looking very interesting. In terms of the booster shot that we have seen from China, do you believe they are just kicking the can down the road with these stimulus measures and they do need to be supplemented by further course of action? Adrian Mowat: The message is that they will do whatever it takes. So, it feels a bit like listening to Mario Draghi in the years or so after the Global Financial Crisis. They have come through with significant and comprehensive measures that address some of the issues within the China economy. They are not going to solve things overnight. But us as financial market investors need to think about the implications for us. The implications are that the policymakers are really concerned and they are doing as much as they can. They are pushing down interest rates and they are trying to inflate the price of financial assets.

Soviet Union, the Communist Party of China retains a firm grip on power. The powerful and feared organization has ruled the nation — home to close to one-fifth of the world's population — for 75 years, surpassing the 74-year Soviet era in Russia. The party survived years of self-inflicted tumult after it took control in 1949. A major course correction in 1978 transformed the country into an industrial giant with an economy second in size only to the United States.

Subscribe to enjoy similar stories. New Delhi: The government is likely to allow sops for research & development and manufacturing under a new productivity-linked incentive policy for drones that is being discussed within the government, two people told Mint. The original proposal was to provide incentives for testing, R&D and manufacturing.

US election 2024 on this Tuesday. The much awaited VP debate is taking place weeks after the US Presidential debate between Donald Trump and US Vice President Kamala Harris which was held on September 10. According to the CBS News, the network primarily proposed four dates to TimWalz, Governor of Minnesota and JD Vance, Senator of Ohio, within which the date of October 1 was finalized and agreed on by both the Democratic and Republican camps. On August 14, Tim Walz did a post on social media platform X (formerly known as Twitter) which read ‘See you on October 1, JD’. Republican Vice Presidential candidate JD Vance promptly accepted the offer and the CBS Network also announced the debate will take place on October 1, noted USA Today.

Chinese economy out of crisis.

Magic 7 series will support rapid 100W wired charging, significantly improving charging efficiency for users.Among the five models, two are rumored to feature satellite connectivity, likely identifying them as the Honor Magic 7 Pro and the Honor Magic 7 RSR Porsche Design. The other models expected in this series include the standard Honor Magic 7, Honor Magic 7 Pro, and Honor Magic 7 Ultimate.Although comprehensive specifications for the Magic 7 series are yet to be revealed, sources suggest that the official launch in China is anticipated for October, marking an earlier introduction compared to the January launch of the Magic 6 series.

Bitcoin (BTC) lost ground Monday morning, giving back some of the gains posted during what has been a positive month for the legacy cryptocurrency.

Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider automobile industry faces a slump and increased Chinese competition

U.S. stocks are hanging near their records following a wild start to the week for financial markets in Asia

Japan’s Prime Minister Fumio Kishida will resign Tuesday, handing over leadership to his successor Shigeru Ishiba, who says he plans to call a snap election for Oct. 27

The latest surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus

China stocks rallied to their best day in 16 years, with related U.S. ETFs also soaring after recent economic stimulus buoyed investor optimism in the market.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Subscribe to enjoy similar stories. To spot a potential comeback story in the luxury goods industry, look for the brand with the smallest handbags. Luxury companies have a lot riding on the “super mini" purses and $1,200 wallets on a chain they launched in recent collections.