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E-ZPass: New Jersey Turnpike Authority Faces Backlash After Dropping Local Firm for Foreign Entity with Alleged Ties to China’s Communist Party
Trenton, NJ – March 14, 2025 – A storm of controversy has erupted in New Jersey over the New Jersey Turnpike Authority’s decision to award a lucrative $1.73 billion contract to operate…
Analysis-Diverging rates outlook has China’s yuan eying 2022 lows
By Winni Zhou, Tom Westbrook and Brenda Goh SHANGHAI/SINGAPORE (Reuters) – Bond markets are putting Chinese and global rates on opposite paths, speculating on cuts in China against hikes in the U.S.…
China’s property sector set to be persistently weak for years -Goldman
BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding that its problems would continue to drag on the country’s economic growth.…
China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets
BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year, mainly due a low base of comparison, while consumer inflation is projected…
China’s May new yuan loans seen rebounding: Reuters poll
BEIJING (Reuters) – China’s new yuan loans are expected to have rebounded in May after a sharp drop in April, a Reuters poll showed, as the central bank keeps policy accommodative to…
Senators To Introduce Bipartisan Bill Taking Aim At China’s Carbon Emissions
Senators To Introduce Bipartisan Bill Taking Aim At China’s Carbon Emissions John Hugh DeMastri on June 7, 2023 A bipartisan pair of senators are set to introduce on Wednesday a bill that…
US Treasury official meets with China’s new ambassador in Washington
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Undersecretary Jay Shambaugh met on Friday with China’s new ambassador to the United States, Xie Feng, holding a discussion aimed at maintaining open communications…
Surging temple and lottery stocks mirror China’s weak recovery
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Shares in some Chinese temple operators and lottery sellers surged for a second day on Thursday amid a weak post-COVID recovery, as despondent…
China’s Baidu launches $145 million venture capital AI fund
SHANGHAI (Reuters) – Chinese search giant Baidu Inc will set up a venture capital fund of 1 billion yuan ($145 million) to back start-ups focused on content generated by artificial intelligence applications,…
Musk Meets With Chinese Foreign Minister As China’s EV Dominance Continues
Musk Meets With Chinese Foreign Minister As China’s EV Dominance Continues John Hugh DeMastri on May 30, 2023 Tesla CEO Elon Musk met with China’s Foreign Minister Qin Gang in Beijing to…
Marketmind: All eyes on China’s PMIs
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian market focus on Wednesday turns to Chinese purchasing managers index figures, which will give…
China’s factory activity likely contracts in May – Reuters poll
BEIJING (Reuters) – China’s factory activity likely contracted further in May, a Reuters poll showed on Monday, adding to pressures facing the world second-biggest economy amid an uneven economic recovery from the…
‘Blood Is Thicker Than Water’: China’s New Ambassador Calls On Chinese ‘Compatriots’ In US To ‘Serve The Motherland’
‘Blood Is Thicker Than Water’: China’s New Ambassador Calls On Chinese ‘Compatriots’ In US To ‘Serve The Motherland’ Philip Lenczycki on May 25, 2023 China’s new ambassador to the United States called…
Italy probing China’s possible growing influence on Pirelli -sources
By Giuseppe Fonte and Giulio Piovaccari MILAN (Reuters) – The Italian government, which is assessing tyre maker Pirelli’s new shareholder agreement, is concerned about plans to allow top shareholder China’s Sinochem to…
White House says China’s actions on Micron won’t torpedo relations
By Andrea Shalal and Susan Heavey WASHINGTON (Reuters) – China’s move on Micron Technology Inc won’t torpedo larger efforts to get U.S.-China relations into better position, White House spokesman John Kirby said…
China’s new ambassador to the United States arrives in New York – state media
BEIJING (Reuters) – China’s new ambassador to the United States Xie Feng arrived in New York on Tuesday to take up his duties, Chinese state broadcaster CCTV reported. Xie was most recently…
China’s Xi calls for ‘new socialist Tibet’ – Xinhua
BEIJING (Reuters) – China’s President Xi Jinping on Tuesday called on Tibet to build a prosperous, harmonious and “new socialist Tibet” underpinned by unity and civility, days after Group of Seven (G7)…
Column-Lithium slump puts China’s spot price under the spotlight: Andy Home
By Andy Home LONDON (Reuters) – High-flying lithium has come crashing back to earth. A super-charged two-year rally, which saw Chinese spot lithium carbonate prices rise by tenfold, went into brutal reverse…
University Housing Biden Center Took Funds From Firm Controlled By China’s ‘Supreme Organ Of State Power,’ Docs Show
University Housing Biden Center Took Funds From Firm Controlled By China’s ‘Supreme Organ Of State Power,’ Docs Show Philip Lenczycki on May 18, 2023 The University of Pennsylvania received over $500,000 from…
Analysis-As China’s yuan drops through 7 again, the dollar is in the driver’s seat
By Winni Zhou and Rae Wee SHANGHAI/SINGAPORE (Reuters) – China’s heavily managed yuan has dropped to multi-month lows and breached the closely watched 7-per-dollar level, and analysts who are predicting more weakness…
Visiting Ukraine, China’s envoy urged all sides to create space for peace talks
BEIJING (Reuters) – Beijing’s special envoy noted there was no panacea to the war in Ukraine during a visit to Kyiv earlier this week, but urged all parties to create conditions for…
China’s fiscal revenue growth quickens as economy recovers
BEIJING (Reuters) – China’s fiscal revenue rose 11.9% in the first four months of 2023 from the same period a year earlier, accelerating sharply from a 0.5% rise in January-March, official data…
Column-Investors favor Japan’s rising sun over China’s fading star: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Long Japan, short China. If there is a general macro, relative value trade playing out right now, it might be that as the contrasting fortunes…
China’s BYD beefs up autonomous driving credentials with new unit, hiring spree
SHANGHAI/BEIJING (Reuters) – BYD Co Ltd may be China’s biggest electric vehicle maker by a country mile but it knows it lags rivals in autonomous driving, and has set up a new…
China’s securities regulator, central bank cut staff pay budgets
SHANGHAI (Reuters) – China’s securities regulator and central bank cut the budget allocation for employee salaries in 2023, following reforms ordered as part of a broader drive to reduce income disparity. The…
China’s rising clout spotlighted at finance chief meetings before G7 summit
By Tetsushi Kajimoto TOKYO (Reuters) – The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their communique, but…
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