China Financial News
17.08 / 12:13
UPS
MET
Arrow
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stage
Indian
Indian archers bag two bronze medals in World Cup Stage 4
Indian recurve archers clinched two bronze medals in the men's and women's team events at the World Cup Stage 4, here on Thursday. Indian men's recurve team of Dhiraj Bommadevara, Atanu Das and Tushar Shelke defeated Spain's Andres Temino, Yun Sanchez and Pablo Acha 6-2 (54-56, 57-55, 56-54, 57-55) in the bronze medal play-off.
17.08 / 12:13
Provident
Reuters
Manufacturing
Volkswagen
Solomonic
US imports of auto parts face scrutiny under law on Chinese forced labour
Until now, enforcement of a year-old U.S. law that bans the import of goods made in Xinjiang, China, has focused mainly on solar panels, tomatoes and cotton apparel. But now, components that may include lithium-ion batteries, tires and major automobile raw materials aluminum and steel are increasingly subject to detentions at the border.
17.08 / 11:41
Ethereum
Volatility
Oil
Bitcoin
Kaiko Research: Bitcoin and Ethereum Are Now Less Volatile Than Ethereum Amid Dwindling Liquidity
Bitcoin (BTC) and Ethereum (ETH) are now slightly less volatile than oil as both assets continue to trade sideways this summer.
17.08 / 11:35
17.08 / 11:03
Manufacturing
NXP
Intel
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country
Inside
Intel Shows Why Global Chip M&A Is off the Table
You can’t blame Intel for trying. You might be able to blame other tech giants for trying in the future. Intel has embarked on a risky and high-stakes journey to become a maker of chips designed by others.
17.08 / 11:03
17.08 / 11:03
Aware
RIG
country
Trump
The Trump Indictments’ High Price
reality, of course, is they are building him into an almost unstoppable political phenomenon. My reading of Mr. Trump’s more than 50% support in the primary polls has been that 30% is his standard base and at least 20% consists primarily of resentment of these prosecutions alongside the wrist-slap prosecution by Merrick Garland’s Justice Department of Hunter Biden and his well-aware, enabling father.
17.08 / 11:03
UPS
FIVE
Manufacturing
country
U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada
International Trade Commission launched the investigation in January in response to a petition from the United Steelworkers union and Ohio-based Cleveland-Cliffs, which owns one of the few remaining tinplate plants in the U.S. They said cheap steel imports were hurting U.S. steelmakers and domestic jobs.
17.08 / 10:39
FIVE
Reuters
Citigroup
Enterprise
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country
singer
asset manager
Factbox-Five facts about China asset manager whose troubles fanned spillover fears
BEIJING/SHANGHAI (Reuters) — A liquidity crisis at one of China's top asset managers Zhongzhi Enterprise Group has fuelled worries that the country's deepening property sector crisis is spilling over into its $57 trillion financial industry, even as the economy is weakening.
17.08 / 10:39
UPS
Gap
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country
Euro zone swings into trade surplus in June as Russia imports plummet
BRUSSELS (Reuters) — The euro zone swung back into a large trade surplus in June from a similar size deficit 12 months earlier, as imports from both Russia and China fell sharply, data showed on Thursday.
17.08 / 10:39
17.08 / 10:27
Target
JPMorgan
Chase
Morgan Stanley cuts China forecast amid weaker investment
Morgan Stanley reduced its forecasts for China’s economic growth into next year, citing weaker investment due to the property market slump and local government financial stress.
17.08 / 10:15
Lowe's
Ball
Manufacturing
DAX
Fitch
show
European stocks lower on hawkish Fed minutes, China's woes; BAE slumps
Investing.com — European stock markets traded lower Thursday on growing worries around China’s stuttering economy and the potential for higher U.S. interest rates.
17.08 / 10:15
17.08 / 10:11
UPS
FIVE
BLOCK
Waters
country
rock
In China, Bidding Wars for Lithium Top Out at 1,300 Times the Starting Price
lithium prices have more than halved. But Chinese companies have been spending heavily on domestic lithium sources as they try to secure access to the metal at the heart of the energy transition. When a recent auction for exploration rights at a lithium site in China’s southwestern Sichuan province closed, it had garnered more than 11,000 bids.
17.08 / 10:11
Cooper
Action
China's new military base in Cambodia threatens India's security | Mint Primer | Mint
China's establishment of a new naval base in Cambo... moreChina's establishment of a new naval base in Cambodia, close to the Malacca Strait linking the Indian Ocean and South China Sea, raises concerns for India's maritime future.
17.08 / 09:07
MET
country
Executive
executive order
China is considering countermeasures to Biden's executive order
BEIJING — China's Ministry of Commerce signaled Thursday it would respond, if needed, to the Biden administration's executive order to restrict U.S. investments in advanced Chinese technology.
17.08 / 08:15
17.08 / 08:11
UPS
Booking
Action
Strategy
Tencent
Indian
Be bullish on India. Be cautiously optimistic on Indian stocks.
technology companies in 2021 and 2022 decimated valuations of companies such as Alibaba and Tencent. Throw into this mix a host of poor policy decisions (in real estate for instance) and Xi’s desire to grab. The result is that China is increasingly becoming a pariah for global businesses and investors alike.
17.08 / 07:37
COST
UPS
FIVE
Manufacturing
country
social
Japan sank into a trade deficit last month as exports dropped, especially to other Asian nations
Japan suffered a trade deficit last month as exports sank for the first time in two years and five months, dragged down by a slowdown overseas
17.08 / 07:37
COST
Citi
show
country
social
China's Xi calls for patience as Communist Party tries to reverse economic slump
Chinese leader Xi Jinping has called for patience in a speech released as the ruling Communist Party tries to reverse a deepening economic slump and said the West’s pursuit of material wealth led to “spiritual poverty.”
what's happening in China
What is the current situation in China?
In China, the spotlight is on local government initiatives that spark public discussion.
Where can I find reliable news about China?
We publish in-depth coverage about the situation in China, based on information from official representatives.
What shapes the media agenda in China?
The news landscape of China is shaped by key decisions by local authorities, reflecting its specific characteristics.