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China's Premier Li Qiang Calls For 'Pragmatic And Forceful' Measures To Boost Economy
Monday, February 19, 2024 - 3:49am | 696China’s Premier Li Qiang has called for “pragmatic and forceful” measures to restore confidence in the country’s economy. What Happened: Li addressed the State Council, China’s cabinet, on Sunday, urging officials to "do more things that are conducive to boosting...
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US Imports From Mexico Surpass China For The First Time In 20 Years
Thursday, February 8, 2024 - 3:27am | 721For the first time in over two decades, Mexico has taken the lead as the top supplier of goods to the United States, surpassing China. This shift is attributed to the escalating tensions between the U.S. and China, as well as the U.S.’s efforts to source goods from more amicable and closer...
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China's Securities Regulators Urge Hedge Funds To Curb Short Selling Amid Market Turmoil: Report
Wednesday, January 24, 2024 - 3:14am | 601In an attempt to stabilize the plunging stock market, China’s securities regulators have reportedly reached out to hedge fund managers, advising them to limit short selling in the stock index futures market. What Happened: The China Securities Regulatory Commission (CSRC) has contacted...
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China's Stock Market Is Crashing Again: Here Are The Real Problems At Play
Friday, November 27, 2015 - 12:25pm | 515The Shanghai Stock Exchange Composite Index, the most widely accepted proxy of the Chinese stock market, dropped 5.5 percent on Friday. That marks the index's largest decline in three months -- it fell 8.5 percent on August 24. That move, in fact, represented Shanghai's biggest one-day...
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Superstar Analyst Bob Peck Went To China; Here's What We Learned
Monday, September 21, 2015 - 2:29pm | 682Bob Peck of SunTrust Robinson Humphrey spent two weeks travelling through China; he also visited India while abroad. Peck met with management teams from Alibaba Group Holding Ltd (NYSE: BABA) and JD.Com Inc(ADR) (NASDAQ: JD). Peck noted national brands continue to "dominate" in China; Alibaba and...
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China Lost An Entire Spain In 17 Days
Tuesday, June 30, 2015 - 10:27am | 648Concerned about a tumbling equity market, PBOC moved to cut both interest rates and the reserve requirement ratio for banks over the weekend. However, increasingly wary of a market bubble in China, investors still sent the Shanghai Composite spiraling down another 3.3 percent on Monday...
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China's $370 Billion Margin Call
Saturday, June 27, 2015 - 7:23pm | 793China's stock markets tumbled on Friday to near bear territory further deepening the sell-off that started two weeks ago. The Shanghai Composite, down 7.4 percent on the day, has fallen 19 percent from its June 12 high wiping out $1.25 trillion in market cap. The smaller Shenzhen and ChiNet...