It merely heightens the competition between the United States and China about who will lead. The process will disrupt the International Monetary Fund (IMF), World Bank and World Trade Organization Read more
Tag: China
China Vanke’s Onewo unit plans to raise over $780 million in Hong Kong IPO
Onewo Inc., a property-management arm of China Vanke Co. is planning to raise as much 6.15 billion Hong Kong dollars (US$783.5 million) through an initial public offering in Hong Kong. Read more
U.S. stock rally takes a breather as China raises worries over global growth
Soft data out of China put a damper on U.S. stocks Monday, with investors pausing for breath after last week extending a bounce off mid-June lows. How are stock futures Read more
China announces new Taiwan drills as U.S. delegation visits
TAIPEI, Taiwan (AP) — China announced more military drills around Taiwan as the island’s president met with members of a new U.S. congressional delegation Monday, in a further sign of Read more
China new-home prices fall by most in over six years
BEIJING–New-home prices in China in July fell by the most in over six years as home buyers lost confidence in the property market after a year-long slide in sales, stalled Read more
Tesla has built 3 million vehicles, a third of those in China, Elon Musk says
Tesla Inc. has produced more than 3 million vehicles, and a third of them have been built in China, according to Elon Musk. On Sunday, the Tesla chief executive congratulated Read more
China closes Tibet’s Potala Palace over COVID outbreak, and Novavax stock is slammed by weak earnings and halving of sales guidance
Chinese authorities have closed Tibet’s Potala Palace after a small outbreak of COVID cases in the Himalayan autonomous region, the Associated Press reported Tuesday. The action underscores China’s continued adherence Read more
China closes Tibet’s Potala Palace over COVID outbreak, and Novavax stock is slammed by weak earnings and halving of sales guidance
Chinese authorities have closed Tibet’s Potala Palace after a small outbreak of COVID cases in the Himalayan autonomous region, the Associated Press reported Tuesday. The action underscores China’s continued adherence Read more
China Car Sales Keep Rebounding as Production Revs Up
By Raffaele Huang SINGAPORE–Car sales in the world’s biggest auto market continued to recover in July as production was ramped up following earlier disruptions caused by Covid-19 lockdowns and Chinese Read more
Biden leaves White House after testing negative on two straight days, and China locks down 80,000 tourists on tropical island
President Joe Biden, after testing negative for COVID on both Saturday and Sunday, left the White House for the first time since becoming infectious last month Biden emerged from an Read more