China Financial News

Japan’s Prime Minister Fumio Kishida and three Cabinet ministers have eaten Fukushima fish sashimi at a lunch meeting in an apparent effort to show that fish is safe following the release of treated radioactive wastewater from the Fukushima Daiichi nuc...

The foreign minister of Quad group -- which includes India, Australia, Japan and the United States – are likely to meet on the sidelines of the United Nations General Assembly (UNGA) in New York in September. The meeting of the foreign ministers is being held to expand the cooperation in the Indo-Pacific region, people familiar with the development said on Wednesday. The meeting has however not been confirmed yet.

By Clare Jim

(Reuters) -United States Commerce Secretary Gina Raimondo has said U.S. companies have raised concerns that China has become «uninvestible», pointing to fines, raids and other actions that have made it too risky to do business in the world's second-largest economy.

Here's how analysts interpret the market pulse: «Positive sentiment initially propelled domestic equities, buoyed by softer US labor market data that caused a retreat in US bond yields, alleviating concerns about rate hikes. This positive outlook was reinforced by Chinese banks' move to reduce existing mortgage rates, favorably impacting Indian metal stocks.

Commerce Secretary Gina Raimondo says she warned Chinese leaders that U.S. businesses might stop investing in their country without prompt action to address complaints about worsening conditions due to raids on firms, unexplained fines and unpredictabl...

On the latest episode of The Market Report, Cointelegraph analyst Marcel Pechman delves into Grayscale’s victory against the United States Securities and Exchange Commission. Even though there’s still no decision regarding the firm’s application for a spot Bitcoin (BTC) exchange-traded fund, the decision was favorable for Grayscale and its Grayscale Bitcoin Trust, which has over $16 billion in assets under management.

AFP. -Bongo's son and close adviser Noureddin Bongo Valentin, his chief of staff Ian Ghislain Ngoulou as well as his deputy, two other presidential advisers and the two top officials in the ruling Gabonese Democratic Party (PDG) "have been arrested,", according to the military official statement -They are accused of treason, embezzlement, corruption and falsifying the president's signature, among other allegations, the statement added -A country of just 2.3 million people, Gabon has been ruled by the Bongo family for more than 55 out of its 63 years since independence from France in 1960 -Notably, another group of mutinous soldiers attempted a coup in January 2019, while Bongo was in Morocco recovering from a stroke, but was quickly overpowered. -Paris maintains a military presence in many of its former territories -- including Gabon where it has 370 soldiers permanently deployed, some in the capital Libreville, according to the French defence ministry website -According to reports, Omar Bongo was one of France's closest allies in the post-colonial era and his son has long been a regular in Paris, where his family owns an extensive real estate portfolio that is being investigated by anti-corruption magistrates.

The China fund’s primary manager, Ruth Chambers, has led the fund for the last five years, having joined Liontrust in its acquisition of Neptune in 2019.

India's economy in April to June likely grew at the fastest pace in a year, bolstered by central and state governments opening up their wallets for capex, stronger consumption demand and higher activities in the services sector, according to some economists. A median forecast of an ET poll of 20 economists pegged the growth rate at 7.8 per cent for the first quarter of this financial year that started Apr. 1.

Geojit Financial Services said, "Positive sentiment initially propelled domestic equities, buoyed by softer US labour market data that caused a retreat in US bond yields, alleviating concerns about rate hikes. This positive outlook was reinforced by Chinese banks' move to reduce existing mortgage rates, favourably impacting Indian metal stocks.'' ‘’However, gains were tempered as the day progressed, primarily due to weakness in global markets attributed to lacklustre economic data from Europe.

Narendra Modi had met on the side lines of BRICS summit and sought that the LAC stand-off be solved as soon as possible. Senior advocate of Supreme Court and Rajya Sabha MP Kapil Sibal on Wednesday said that China asserting claim on Arunachal Pradesh is ‘not a new thing’. ""We already know that the Aksai Chin has been under China for many years...That is not a new thing...China's claim on some portions of Arunachal Pradesh is also not a new thing..." Kapil Sibal said in an interview to news agency ANI.

climate change. “We are clear-eyed about the areas where we have fundamental disagreements with China and we raise those issues when we meet.

After receiving two bids to acquire it in the past month, U.S. Steel has told its shareholders that it is in the process of reviewing multiple offers for the storied company and symbol of American industrialization

BEIJING — U.S. Commerce Secretary Gina Raimondo has called on China to improve the predictability of the business environment for American companies in the country.

Meta said on Tuesday it had uncovered links between people associated with Chinese law enforcement and a long-running but largely ineffectual operation to positively influence people on social media about China. The social media giant removed around 7,700 Facebook accounts and hundreds of other pages, groups and Instagram accounts connected to the so-called «Spamouflage» campaign, elements of which have been active since 2018, it said in a quarterly security report. The «Spamouflage» network has engaged in spurts of activity over the last several years pushing positive narratives about China and negative commentary about the United States, Western foreign policies and critics of the Chinese government. With the latest activity detected, Meta executives said they believed that «Spamouflage» had become the largest known cross-platform influence operation to date, with a presence on at least 50 services. Clusters of the campaign's fake accounts were run from different parts of China, but shared digital infrastructure and appeared to operate with clear shift patterns, including breaks for lunch and dinner on Beijing time, Meta said. China's foreign ministry said it was not aware of the findings, but added that individuals and institutions have often launched campaigns against China on social media platforms. «We hope that the relevant company adheres to the principle of objectivity and impartiality, and avoids double standards.

China released its standard map that included India's Aksai Chin and Arunachal Pradesh, Congress MLA, Ninong Ering has written to Prime Minister Narendra Modi urging him to raise the issue of People's Republic of China's aggression in the scheduled G20 Summit in Delhi on September 9-10. In his letter to the PM on Tuesday, the Congress leader said that the 'deliberate incident' on the part of the PRC has invoked deep resentment among the people of Arunachal Pradesh. «This unforeseen, unfortunate yet deliberate incident on the part of PRC has invoked deep resentment among the people of Arunachal Pradesh, it is in common knowledge that the PRC has earlier too tried to assert its claim over Arunachal Pradesh by renaming 11 locations in April 2023, 15 locations in 2021 and 6 places in 2017,» Ering said. The Congress MLA who represents the Pashighat-west seat, a constituency bordering the Chinese-controlled Tibet Autonomous Region, in the Arunachal Pradesh legislative assembly, said that the recent release of the 'PRC Standard Map' is a culmination of their nefarious plans and a matter of importance since Arunachal Pradesh is an integral part of India and has scarred memories of the 1962 Sino-Indian war. In his letter, he also mentioned the Galwan Valley clash between the troops of India and China. «As you know, India is engaged in combat with an aggressive PRC along the Indo-Tibetan border in the Himalayas and 20 of Indian Army personnel gave their lives while defending India's frontiers against the PLA in Galwan Valley in 2020. Prior to this, you have emphasized that no one can seize an inch of India's land.

Also Read: ‘Invite to African Union made G20 more inclusive’ The G20, consisting of 19 individual nations (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States) along with the European Union, collectively forms a prominent international assembly. As per the central government website on the G20 Summit, the G20 was upgraded to the level of heads of state, and government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation". The G20 Presidency oversees the G20 agenda over a span of one year and takes on the role of hosting the Summit.

ANI, "Before the elections, Congress party had made five promises to Karnataka. We had said that when Congress party and its leaders say something, they do it. Today, when we click on the tablet, crores of women receive ₹2000 directly into their bank accounts." Rahul also underlined the importance of schemes like 'Shakti' and 'Gruha Lakshmi Yojana' while mentioning his conversations with women during the Bharat Jodo Yatra.

confirmed the presence of Sulphur (S) on the lunar surface near the south pole. Not just Sulphur, the Pragyan rover has also detected the presence of Aluminium, Calcium, Ferrous (Iron), Chromium, Titanium, Manganese, Silicon and Oxygen, the space agency said.

By Abhinav Mital