By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – JPMorgan Chase & Co.’s head of trading sees China as its largest potential overseas market as the bank aims to …
China
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Communist China Cracked Down On Christians In 2022, Report Says
Communist China Cracked Down On Christians In 2022, Report Says Philip Lenczycki on February 15, 2023 The Chinese government cracked down on Christians in 2022 in the run-up to the …
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Biden’s Top China Adviser Out At White House After Balloon Debacle: REPORT
Biden’s Top China Adviser Out At White House After Balloon Debacle: REPORT Micaela Burrow on February 15, 2023 Laura Rosenberger, President Joe Biden’s top adviser on matters related to China …
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Biden’s China adviser Rosenberger leaving, unrelated to balloon -White House official
by Reutersby ReutersWASHINGTON (Reuters) -Laura Rosenberger, a top adviser to President Joe Biden on China and Taiwan, is leaving soon as part of a long-planned departure that predates the incident involving China’s …
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China Evergrande says directors fell ‘below standards’ in property unit probe
by Reutersby Reuters(Reuters) – Property developer China Evergrande Group said on Wednesday an independent committee found its directors fell “below standards” through their involvement in diverting loans secured by unit Evergrande Property …
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Tesla to halt some China production for upgrades – Bloomberg News
by Reutersby Reuters(Reuters) – Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact …
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U.S. asset manager Van Eck to abort mutual fund plan in China -sources
by Reutersby ReutersBy Selena Li and Samuel Shen HONG KONG (Reuters) – American investment manager Van Eck will terminate a plan that has been in the works for over two years to …
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China central bank: will encourage increased lending to private enterprises
by Reutersby ReutersBEIJING (Reuters) – China’s central bank said on Wednesday it will encourage financial institutions to increase lending to private enterprises to support the economy, according to a statement released on …
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Analysis: China retail investors from Gen-Z to retirees sit out stock rally
by Reutersby ReutersBy Winni Zhou and Summer Zhen SHANGHAI/HONG KONG (Reuters) – China’s retail investors have a case of deep pockets and heavy hands as they are skipping out on the sharp …
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‘Big Short’ manager Burry, Farallon among hedge funds making bets on China
by Reutersby ReutersBy David Randall and Carolina Mandl NEW YORK (Reuters) – “Big Short” investor Michael Burry, Farallon Capital Management, and Coatue Management were among the prominent hedge fund managers who took …
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GORDON CHANG: Biden Should Stop Sucking Up To China
GORDON CHANG: Biden Should Stop Sucking Up To China Gordon Chang on February 14, 2023 “We believe in the importance of maintaining open lines of communication between the United States …
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SHANGHAI/PARIS (Reuters) – LVMH’s top fashion brand Louis Vuitton is expected to increase prices in China by as much as 20%, as luxury labels bank on a strong rebound of …
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Singapore’s GIC says still exploring China investment opportunities
by Reutersby ReutersBy Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) -Singapore sovereign wealth fund GIC said it continues to scout for long-term investment opportunities in China, looking at a wide range of …
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BYD to build $1.2 billion EV battery plant in central China – website
by Reutersby ReutersSHANGHAI (Reuters) – BYD, the world’s largest maker of electrified vehicles, plans to invest $1.2 billion to build a new factory for its batteries in China, according to environmental appraisal …
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China Claims US ‘High-Altitude Balloons’ Entered Chinese Airspace More Than 10 Times Since 2022
China Claims US ‘High-Altitude Balloons’ Entered Chinese Airspace More Than 10 Times Since 2022 Philip Lenczycki on February 13, 2023 The People’s Republic of China (PRC) claimed that multiple U.S. …
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China Jan new bank loans jump more than expected to record 4.9 trln yuan
by Reutersby ReutersBy Judy Hua and Kevin Yao BEIJING (Reuters) -New bank loans in China jumped more than expected to a record 4.9 trillion yuan ($720.21 billion) in January as the central …
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Analysis-After spy balloon incident, can China and the U.S. talk again?
by Reutersby ReutersBy David Brunnstrom and Michael Martina WASHINGTON (Reuters) – When U.S. Secretary of State Antony Blinken this month called off his trip to Beijing, he chose his words carefully. China’s …
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SHANGHAI (Reuters) – China on Saturday tightened risk management requirements on banks, requiring them to classify financial-asset risks in a timely and prudent manner, in a bid to better assess …
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With China looming, U.S. signs MoU with another Pacific island state
by Reutersby ReutersWASHINGTON (Reuters) – The United States said on Friday it has signed a memorandum of understanding (MoU) with the Federated States of Micronesia, , reflecting a shared understanding on future …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese inflation on Friday grabs the data spotlight in Asia at the end …
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Hesai Group rises in U.S. IPO, biggest for Chinese firm since 2021
by Reutersby ReutersBy Scott Murdoch and Echo Wang NEW YORK (Reuters) -Chinese sensor maker Hesai Group’s shares closed 10.8% percent higher on their first day of trade in New York after it …
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‘Clear Message To China’: GOP Senator Hammers Pentagon For Letting Spy Balloon Fly Over Alaska
‘Clear Message To China’: GOP Senator Hammers Pentagon For Letting Spy Balloon Fly Over Alaska Micaela Burrow on February 9, 2023 Republican Sen. Lisa Murkowski of Alaska hammered the Department …
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By Mimosa Spencer PARIS (Reuters) -L’Oreal posted 8.1% sales growth in the fourth quarter, a touch slower than in the previous three months, with firm demand in the United States …
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‘Unacceptable’: GOP Reps, Defense Experts Raise Red Flags Over Pentagon’s Reliance On China For Critical Minerals
‘Unacceptable’: GOP Reps, Defense Experts Raise Red Flags Over Pentagon’s Reliance On China For Critical Minerals Micaela Burrow on February 8, 2023 Congress and defense experts warned that reliance on …
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SHANGHAI/BEIJING (Reuters) – China’s passenger car sales slumped 38% in January, reversing a 2.4% gain in the previous month, industry data showed on Wednesday, as demand weakened after a tax …