(Bloomberg) — Asian stocks look set for a steady start Tuesday as investors evaluate the possible scrapping of some US tariffs on Chinese consumer goods. Most Read from Bloomberg Futures…
Tag: China
Iran Slashes Cost of Its Oil to Compete With Russia in China
(Bloomberg) — Iran is being forced to discount its already cheap crude even more as a top ally gains a bigger foothold in the key Chinese market. Most Read from…
Tesla deliveries fall due to China Covid shutdowns and supply shortages
Parts shortages and pandemic-related production shutdowns at Tesla’s plant in Shanghai caused a big drop in the electric car maker’s latest global vehicle deliveries, according to figures released on Saturday.…
China Electric-Vehicle Stocks Are All the Rage, Trouncing Tesla
(Bloomberg) — Shares of China’s electric-vehicle makers are trouncing global industry leader Tesla Inc., bolstered by Beijing’s consumption incentives and heavy dip-buying from investors. Most Read from Bloomberg American depository…
JPMorgan China Fund Ramps Up Bets on Tech as Bullish Calls Grow
(Bloomberg) — JPMorgan Asset Management is doubling down on China tech stocks after enduring a tumultuous selloff, betting that an easing of regulatory crackdowns and attractive valuations will pay off…
China real estate troubles sent debt indicator to record high
Fixed asset investment data for the first five months of 2022 showed real estate investment declined at a greater scale than it did during the first four months of the…
A $7.2 Billion China ETF Just Added the Most Cash Since 2011
(Bloomberg) — A US-listed exchange-traded fund that tracks Chinese stocks drew in cash at a record pace after the easing of the nation’s Covid restrictions and signs Beijing is ending…
China Sentences Ex-City Party Chief to Death With Reprieve
(Bloomberg) — China has sentenced a former Communist Party city chief and securities regulator to death with a two-year reprieve for bribery and insider trading, state broadcaster CCTV reported. Most…
Asia Stocks, US Futures Rise as China Curbs Eased: Markets Wrap
(Bloomberg) — Stocks in Asia and US futures advanced Monday after China eased some virus curbs and Wall Street had its best week since November 2020. Most Read from Bloomberg…
Goldman Sachs expects more China real estate defaults, switches to bear case
Real estate and related industries account for more than a quarter of China’s economy, according to Moody’s estimates. CFOTO | Future Publishing | Getty Images BEIJING — Chinese real estate…