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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…
Shareholders ask China’s Hollysys to set special meeting amid takeover frustration
By Svea Herbst-Bayliss NEW YORK(Reuters) – Shareholders in China’s Hollysys Automation Technologies owning a total 32.2% of the automation control system maker’s shares asked the board of directors to set a special…
Marketmind: China’s stock flame fizzling already?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets look set to open on a fairly strong footing on…
BOJ Ueda says China’s slowdown adds to economic uncertainty
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said the pace of economic activity in China has been a disappointment that could cloud Japan’s economic outlook, according to a text of…
Nearly 2 million excess deaths followed China’s sudden end of COVID curbs – study
By Bernard Orr BEIJING (Reuters) – China’s abrupt move to dismantle its strict COVID-19 regime, which unleashed the virus onto its 1.4 billion residents, could have led to nearly 2 million excess…
China’s Meituan swings to profit on food delivery rebound, flags headwinds
By Casey Hall SHANGHAI (Reuters) -Chinese food delivery giant Meituan on Thursday posted a bigger-than-expected 33.4% rise in second-quarter revenue, defying a slowing Chinese economy, though executives warned of headwinds for its…
China’s ban on Japanese seafood has more political than economic heft
By Katya Golubkova and Dominique Patton TOKYO/BEIJING (Reuters) – China may be Japan’s top seafood export market but marine products make up less than 1% of Tokyo’s global trade, which is dominated…
China’s OrienSpace could be valued at $823 million in new fundraising -sources
By Roxanne Liu and Kane Wu (Reuters) – Chinese commercial rocket developer OrienSpace is set to be valued at about 6 billion yuan ($823 million) in a new fundraising exercise ahead of…
China’s land sales revenue down for 19th straight month in July
BEIJING (Reuters) – China’s government land sales revenue declined for the 19th consecutive month in July, data from the finance ministry showed on Monday, adding to pressure on some debt-laden municipalities. Land…
China’s Xpeng falls on dull forecast as EV price war takes toll
(Reuters) – Xpeng on Friday forecast third-quarter revenue below analysts’ expectations and reported a hit to margins following an inventory writedown, sending its U.S.-listed shares down 7% before the bell. The Chinese…
China’s deflation a near-term positive for Western central banks – PIMCO
By Davide Barbuscia NEW YORK (Reuters) -Deflationary pressures in China could spill over into global markets, which is potentially near-term good news for Western central banks as they seek to curb inflation,…
Analysis-Country Garden undone by promise to bring 5-star life to China’s hinterland
By Clare Jim HONG KONG (Reuters) – China’s financially beleaguered property developer Country Garden promised “five-star living” to the masses in less popular, smaller cities but focusing on those areas has come…
Singapore Exchange to list structured certificates linked to China’s Alibaba
SINGAPORE (Reuters) – Singapore Exchange (SGX) said on Tuesday that it will start trading structured certificates this month, making it the first in Asia to list the third-party issued financial instruments that…
Shares of China’s Country Garden rise more than 7% in early trade
HONG KONG (Reuters) – Shares of Country Garden rose more than 7% on Tuesday, recovering some ground after the stock plunged a day earlier as China’s largest private developer seeks to delay…
Biden’s ‘ticking time bomb’ remark referred to China’s internal tensions -White House
By Andrea Shalal and Michael Martina WASHINGTON (Reuters) – President Joe Biden’s comment about China being a “ticking time bomb” referred to internal economic and social tensions that could have an effect…
China’s Country Garden flags H1 net loss, vows to address liquidity concerns
(Reuters) – Debt-laden Chinese developer Country Garden expects to report a net loss for the first half of 2023 and said it would take measures to meet its debt obligations and fix…
Lithium mine auctions in China’s Sichuan draw thousands of high bids
BEIJING (Reuters) – Two lithium mine auctions in China’s southwestern Sichuan province that began this week have received nearly 7,000 bids, with prices hundreds of times higher than starting levels and rising…
Analysis-In New Zealand, defence and security become election issues amid China’s Pacific push
By Lucy Craymer WELLINGTON (Reuters) – For the first time in decades, foreign and defence policy are in the electoral spotlight in New Zealand, as opinion surveys show public concern about the…
China’s July new yuan loans seen dipping after record H1 – Reuters poll
BEIJING (Reuters) – China’s new yuan loans are expected to fall sharply in July from June after record lending in the first half, a Reuters poll showed, but they could still exceed…
China’s uneven recovery may deepen demand worries for U.S. luxury goods makers
By Deborah Mary Sophia and Ananya Mariam Rajesh (Reuters) – U.S. luxury companies including Michael Kors-owner Capri and Estee Lauder will likely record a hit to sales from a slower-than-expected recovery in…
China’s car sales fall for 2nd month in July as price war continues
By Qiaoyi Li and Miyoung Kim BEIJING (Reuters) -China’s passenger vehicle sales fell for a second month in July, as discounts and government support measures failed to persuade consumers wary of buying…
China’s exports likely contracted further in July, imports downturn seen slowing: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s exports likely contracted further in July, as manufacturers in the world’s second-largest economy struggled for buyers in markets grappling with high inflation and rising interest…
China’s Zhengzhou city launches property support measures
BEIJING (Reuters) – China’s Zhengzhou city has launched measures to support its property market, including easing home resale restrictions, in what analysts said were the first such moves by a big city…
Taxpayers Are Backing An Effort To Break China’s Grip On Key Mineral Refining. It Isn’t Working
Taxpayers Are Backing An Effort To Break China’s Grip On Key Mineral Refining. It Isn’t Working Nick Pope on August 3, 2023 Taxpayers are funding U.S. government efforts to break China’s dominance…
China’s July services activity expands at quicker pace – Caixin PMI
BEIJING (Reuters) – China’s services activity expanded at a slightly faster pace in July, supported by a jump in business in the summer travel season, a private-sector business survey showed on Thursday,…
China’s Evergrande Property applies to resume trading on Hong Kong exchange
(Reuters) – Evergrande Property Services Group Ltd said on Wednesday it had applied to the Hong Kong Stock Exchange to resume trading of the company’s shares from Aug. 3. Shares of the…
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