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Xi Jinping's Government Sends Mixed Signals, Leaving Investors Perplexed About China's Foreign Business Relations
Thursday, January 4, 2024 - 3:51am | 604Investors’ confidence in China’s economy is waning due to the government’s unclear stance on security and the economy, resulting in a significant drop in foreign direct investment. What Happened: The uncertain signals from the Chinese government have left investors perplexed about...
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Economists Predict US Recession Unlikely, Mortgage Rates Soar, And China's Economy Surpasses Expectations: This Week In Economics
Sunday, October 22, 2023 - 5:00am | 662This week has been a rollercoaster ride of economic news. While economists are now predicting a brighter future for the U.S. economy, mortgage rates have hit a 20-year high. Meanwhile, the Taliban strengthens its relations with China, and the Chinese economy is exceeding growth expectations despite...
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Chinese Consumer Inflation Unchanged, Fueling Worries Of Economic Slowdown
Thursday, October 12, 2023 - 10:41pm | 618China’s consumer inflation rate in September remained constant from the previous year, while producer prices kept falling. This stagnant inflation rate has intensified concerns about the requirement for additional measures to sustain economic growth. What Happened: According to Bloomberg, the...
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Will China's Recent Financial Policy Patchwork Mend Alibaba And Tencent?
Monday, August 28, 2023 - 12:07pm | 721China is doing what it can to shore up investor confidence as the Chinese equivalent of the SPDR S&P 500 ETF Trust (NYSE:SPY), the Shanghai Stock Exchange Composite Index (SSE), is trading around the same price as it was when the year started, giving up the gains it enjoyed throughout the first...
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China's Growth Disappointment Is Moving Stocks Monday: Tencent, PDD Holdings And Luxury Goods
Monday, July 17, 2023 - 11:09am | 494China’s recent release of mixed economic data is weighing on U.S.-listed Chinese equities and sectors strongly linked to Chinese growth on Monday. China’s economy grew 6.3% YoY in Q2 2023, missing the market’s projected 7.3% rise. This marks a jump from Q1’s 4.5% increase....
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South China Morning Post: China Is 'In Better Shape Than Many'
Tuesday, September 6, 2016 - 8:17am | 392South China Morning Post, a Hong Kong-based English language newspaper, which was acquired by Alibaba Group Holding Ltd (NYSE: BABA) in late 2015, laid out the case for why China's economy is "in better shape than many" other G20 nations. SCMP's Neal Kimberley began by noting the Chinese economy...
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When China Sneezes, These Countries Catch A Cold
Friday, August 5, 2016 - 8:19am | 313There is a popular saying in economics: When country X sneezes, country Y catches a cold. So, when China "sneezes," which countries are most prone to catching a "cold?" According to Bloomberg, If China were to "sneeze" — either through a devaluation of its currency, a further slowdown in...
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Should We Be Worried About China's Debt Levels? Larry Fink Thinks So
Tuesday, May 17, 2016 - 2:58pm | 238Larry Fink, CEO of BlackRock thinks that investors should be concerned about China's rising debt levels. Speaking to Bloomberg, Fink acknowledged that China has heavily invested in its economy since 2008, and the government has earned the "best marks in transforming their society." Fink also...
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Chinese Shares Tumble On Economic Worries, European Stocks Surge
Monday, May 9, 2016 - 8:02am | 359Chinese stocks were hard hit on Monday after the government's mouthpiece People's Daily published an article titled "Authoritative Person Talking About China's Economy." According to Barrons, the article said a person of high authority in China is expecting the country...
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Is It Cheaper To Rent A Ferrari Or A 1,100-Foot Merchant Vessel?
Wednesday, January 20, 2016 - 3:27pm | 154Is it cheaper to rent a Ferrari NV (NYSE: RACE) or a 1,100-foot merchant vessel? For the very few people who may be debating between the 2 options, they will certainly save some money by renting the merchant vessel, according to a report by Bloomberg. Related Link: Ferrari Glides Into Citi...
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What China Means For Staples Stocks
Monday, August 10, 2015 - 9:15am | 400In a report published Monday, Citi analyst Adam Spielman discussed the effect on staples stocks as China's actual growth rate is "much lower" than the 7 percent the country reported in the first half of 2015. According to Spielman, China's growth in the first half of 2015 was...
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Australia Should Boom Now that China is Growing Again
Monday, October 21, 2013 - 4:24pm | 519With the Chinese economy increasing in growth to 7.8 percent for the most recent quarter, up from 7.5 percent previously, global financial exchanges have rallied strongly. Perhaps the biggest long term winners will be companies operating in the natural resources sector of Australia. There is an...
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Not Long on eLong
Wednesday, November 24, 2010 - 5:30am | 407As mentioned in the previous article, we believe there'll be substantial headwind to China' travel industry in the short term. While eLong Inc. (NASDAQ: LONG) reported splendid revenue growth (42% from same quarter of last year) and income growth (104% from same quarter of last year), we believe...