China Financial News

07.03 / 07:47
COST Target economy Trade War country electronic Trump’s tariff war: The intended and unintended consequences
Subscribe to enjoy similar stories. This week, the new US president addressed the US Congress in what turned out to be the longest speech in history. Apart from talking about immigration, geopolitical conflicts and making America great again, Donald Trump reiterated his strong stance on tariffs.
07.03 / 07:47
markets Healthcare Bill performer country Equality International The S&P 500 has the hiccups. How investors should think about long-term returns.
Subscribe to enjoy similar stories. Let’s not call this a crisis of confidence in the S&P 500 index—at most, it’s a hiccup amid hallelujahs. The index was recently down slightly year to date but has still more than tripled investor money over the past decade.
07.03 / 07:47
Citi Fighting Healthcare social 2020 reports isolate Gender and Age: We need a female perspective on ageing populations
Subscribe to enjoy similar stories. A recent news story in a prominent US daily reported that a number of non-profits in Washington DC are distributing robotic pets to residents aged 60 and older in some areas of the city to ease their loneliness and isolation. While in the US, about 28% of people aged 65 and older live by themselves, the number in that age group is projected to increase to 82 million by 2050, which will be 23% of the total population.
07.03 / 07:47
markets UPS Cooper country dance International Hindi-Chini bhai bhai 2.0? ‘Dragon and elephant must dance together’, says China FM, pushing for stronger Sino-India ties
Wang Yi stated, «China has always believed that being mutually supportive partners and achieving the 'Dragon and Elephant Dance' is the only correct choice for both sides.» Over the past year, relations between the two countries have seen positive developments. A key moment was the October 2024 meeting in Kazan, Russia, where Chinese President Xi Jinping and Indian Prime Minister Narendra Modi held talks that provided strategic direction for improving ties. «China-India relations have made positive strides over the past year,» Wang said. Both sides have since actively followed through on their commitments, strengthening diplomatic engagement and practical cooperation at multiple levels.
07.03 / 07:47
UPS Manufacturing Analysis Sustainability Trade country rights Metal tariffs won’t majorly impact Hindalco, Nalco's global operations: Parthiv Jhonsa
«What we have seen in the past is whenever there is a tariff or anything like that, the metal prices usually go up in the near term and that is actually positive for companies like Hindalco,» says Parthiv Jhonsa, Anand Rathi Institutional Equities. I want to first really talk about what is happening in the world. We have been speaking with the managements of Hindalco, Nalco, etc. The managements firmly believe that these tariffs will not really impact them. Do you think that is the same? Parthiv Jhonsa: We need to understand that over especially last two months, the entire metal has seen a lot of to-and-fros internationally. Yes, companies like Hindalco where Novelis has a huge presence in USA, something like these tariffs would actually not make a huge difference or a huge dent to them because they have a good presence in USA.
07.03 / 06:31
markets wellness War RAI rights BJP lost opportunity during Kargil War, let them take back areas of J&K under Pakistan and China now: Omar Abdullah
Jammu and Kashmir Omar Abdullah on Thursday said that the BJP should take back parts of Jammu and Kashmir from Pakistan as well as China. Abdullah, while speaking in the J&K assembly said that BJP keeps criticizing Congress for losing Haji Peer to Pakistan and other things, instead BJP should tell us what they brought back in the Kargil war in 1999 when they had the opportunity and excuse that Pakistan had attacked first. “One part of Kashmir is with Pakistan. Today Foreign Minister has said that they will take that back. Who has stopped you? We never said don't take back that part of Kashmir back. We are saying, why are you silent on the part that is with China?” Abdullah asked.
07.03 / 05:49
markets UPS Analysis Trade rights China’s top tech stocks add $439 billion as ‘Mag Seven’ sink
An equal-weighted basket of China’s seven tech heavyweights including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. — dubbed the “7 titans” by Societe Generale SA — has gained more than 40% this year. That compares with an about 10% drop in an index of the Magnificent Seven stocks, whose slump has also pushed the Nasdaq 100 Index to the brink of a correction.
07.03 / 05:49
security WhatsApp Healthcare Diversity country audience Indian consulate in Shanghai hosts insightful talk on AI for the world
Tech Mahindra in China, addressed a diverse audience representing over 15+ countries. The talk explored India’s rich technological heritage, tracing its roots from Sanskrit texts to the development of large language models tailored to India's diverse dialects. Emphasizing India's commitment to responsible AI, Sharma highlighted Prime Minister Modi’s co-chairing of the Paris Summit as a testament to the country’s leadership in fostering AI for good and for all. The discussion also shed light on India’s thriving startup ecosystem, ranking 19th globally, with Bengaluru securing a spot among the top 10 startup hubs worldwide. India’s substantial new investment of $3 billion in AI infrastructure, the National Quantum Mission, and advancements in AI-driven applications across agriculture, cleantech, spacetech, and healthcare were underscored as key milestones.
07.03 / 05:01
markets UPS Election Research Trade Universities Schools China tariffs aimed at Trump fan base but leave wiggle room
retaliatory tariffs against US farm produce from corn to chicken are designed to hurt Donald Trump's voter base, but remain restrained enough to allow room for the adversaries to hash out a trade deal, analysts say. Since taking office in January, Trump has unleashed a storm of tariffs against friends and foes alike, this week hiking blanket duties on Chinese products, adding to a plethora of existing levies. Beijing swiftly responded with countermeasures targeting imports of American farm products — many of which are produced in the rural heartlands that voted resoundingly for Trump in the November election.
07.03 / 04:37
Cooper Trade War country reports peace China calls for 'peaceful coexistence' with the U.S. despite differences
BEIJING — China's Minister of Foreign Affairs Wang Yi struck a more conciliatory tone on U.S. relations during a high-profile press conference on Friday, in contrast to the ministry's more aggressive language earlier in the week.
07.03 / 03:05
UPS Booking Food stage audience volunteers Interviews A series of unfortunate lit fest events
Subscribe to enjoy similar stories. Imagine a literary festival not as encounters with favourite authors or listening to fascinating debates but instead as embarrassing onstage debacles, serialised episodes of misadventures that metamorphose in the mind into a very public pillorying. With this season’s calendar of lit fests, in locations as diverse as Jaipur and Thimphu, coming to an end, my bizarre experiences at Sri Lanka’s Galle Literary Festival last month reminded me of my accident-prone run on stage.
07.03 / 02:17
markets UPS Analysis economy Trade War country Investors spy the dawn of a tectonic shift away from US markets
China unlocked more stimulus on Wednesday and promised greater efforts to cushion the impact of an escalating U.S. trade war. Hours earlier, Germany's likely next government agreed on the biggest overhaul to fiscal policy since the country's reunification.
06.03 / 17:41
Manufacturing Strategy economy Trade War country rights Beijing misreads the budget Tea Leaves
Combination of trade and strategic dominance makes China an unlikely counterweight to a protectionist US. Trade and geopolitical risks have escalated since Trump assumed office, and the second-order outcome of reciprocal US tariffs is Chinese overproduction. US tariffs on Chinese goods will rise further and China's exports will be diverted to Europe and Asia.
06.03 / 16:35
markets WhatsApp Trade President War Trudeau expects a trade war between Canada and the US for the 'foreseeable future'
Trudeau said Thursday he expects Canada and the U.S. to be in a trade war for the foreseeable future after having what he called a colorful but constructive call with U.S. President Donald Trump this week. Trudeau said the two sides discussed tariffs, and that they are «actively engaged in ongoing conversations in trying to make sure these tariffs don't overly harm» certain sectors and workers. He also reiterated that «we will not be backing down from our response tariffs until such a time as the unjustified American tariffs are Canadian goods are lifted.» Trump launched a new trade war Tuesday by imposing tariffs against Washington's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin. Trump put 25% taxes, or tariffs, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy.
06.03 / 16:01
Target Remark Trade country innovations reports International China says it has ‘ample’ policy tools to spur growth
Subscribe to enjoy similar stories. China’s finance minister said Thursday that the government has ample policy tools and flexibility to address both internal and external uncertainties, amid escalating trade tensions with the U.S. The remarks come after Beijing imposed retaliatory tariffs on U.S.
06.03 / 14:35
markets UPS Manufacturing Tesla Hyundai reports Why Indian automakers are not scared of Elon Musk
Elon Musk's electric car maker Tesla, which has been actively exploring opportunities to enter the Indian market, is opening a showroom in Mumbai’s upscale business district Bandra Kurla Complex (BKC) to sell its imported cars. Tesla has plans to set up a manufacturing plant in Maharashtra. The most popular electric car brand in the world has long been seen as a heavyweight which will disrupt Indian's nascent electric vehicle (EV) market. But Indian automaker don't seem to be scared of Musk's India venture. JSW Group Chairman Sajjan Jindal has doubted Musk’s ability to crack the Indian market, asserting that local giants Tata Motors and Mahindra & Mahindra are now deeply entrenched. JSW Group has a JV with China's SAIC Motor, JSW MG Motor India Pvt. Ltd, which sells EVs such as MG Comet EV, MG ZS EV, MG Windsor EV, MG 4 EV, and MG M9 EV. It is planning to launch several new EV models in 2025, including the Cyberster, an electric sports car. India's EV sales are merely 2.5% of the total passenger vehicle sales. Can Indian EV makers take on the world's biggest EV brand while they are still in their infancy?
06.03 / 13:25
markets security Trade President country Latin reports We’re taking it back! Donald Trump wins Xi Jinping budges: President declares U.S is reclaiming Panama Canal as investors secure deal to buy Chinese-backed ports
Donald Trump's Presidency, he has been talking about China's involvement in the Panama Canal and how he would like to reclaim the Panama Canal from the grips of the Asian country. However, it now looks like these talks and pressurizing are yielding some fruit as Asian investors are now agreeing to sell off their stakeholding to American and Swiss investors amid the ongoing controversy, according to an NBC News report.
06.03 / 10:57
markets Manufacturing Sustainability Trade Experts country shock Why Trump’s tariff shocks are testing India’s resilience?
Trump has doubled down on the on the tariff war that he's unleashed, pledging to impose similar levies on India and others from April 2. These reciprocal tariffs are in response to, according to him, high import taxes on American goods.
06.03 / 09:29
markets MET reports politician Bangladesh's new friend circle: A ring of fire for India?
A 21-member Bangladeshi delegation, including politicians, student leaders, and scholars, recently toured China (Feb 25–Mar 6) at Beijing’s invitation, Global Times reported. The group was reportedly wowed by China’s tech and infrastructure, and many now see the Belt and Road Initiative (BRI) as key to Bangladesh’s economic future. They visited top Chinese firms like BYD and LONGi, soaking in China’s modernization drive. It should be noted that China agreed in principle to extend Bangladesh’s loan repayment period and is reviewing a request to lower interest rates, Dhaka Tribune reported. Bangladesh urged China to reduce interest rates from 2-3% to 1%, waive off the commitment fee, and extend loan repayment terms from 20 to 30 years for Preferential Buyer’s Credit (PBC) and Government Concessional Loans (GCL).
06.03 / 09:29
markets Digital Booking economy RAI country Top countries face population crisis, says Andhra CM N Chandrababu Naidu
Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday stated that the world's leading economies are grappling with a population crisis. Speaking at a book launch, Naidu emphasised that while these countries possess advanced resources such as Artificial Intelligence and cutting-edge technologies, they lack a sufficient workforce to operate them. «All top countries in the world are struggling. There is no population. AI and technology exist, but there are no people to operate them,» he said.

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