Latest News for: China financier

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China's economic slowdown can generate ripple effects across world: Report

Beijing News 27 Jan 2023
According to China's National Bureau of Statistics (NBS), the annual GDP growth of the country fell to 3 per cent, much below the 5.5 per cent official target in 2022 and its economic slowdown has the potential to generate ripple effects across the world, reported Financial Post ... "The Covid-19 pandemic punctured China's growth saga.
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China 2022 GDP was below 3%. How this could affect the world: Report

Hindustan Times 27 Jan 2023
According to China's National Bureau of Statistics (NBS), the annual GDP growth of the country fell to 3 per cent, much below the 5.5 per cent official target in 2022 and its economic slowdown has the potential to generate ripple effects across the world, reported Financial Post ... "The Covid-19 pandemic punctured China's growth saga.
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LVMH cheers the ‘spectacular’ return of Chinese tourists

CNN 27 Jan 2023
There are green shoots in China,” he told analysts ... “[But] if it continues as it is, it will be an excellent year.” Chief Financial Officer Jean-Jacques Guiony also cautioned that the current level of customer traffic in China was still about 40% below pre-pandemic levels, and that the economic outlook was tough to predict.
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CX Daily: China Boots Record Number of Companies From Its Bourses

Caixin Online 27 Jan 2023
China boots record number of companies from its bourses ... A cold snap that began last week and is coinciding with the Lunar New Year holiday caused temperatures in parts of China, including the capital Beijing, to plunge to record lows, with business and financial hubs Shanghai and Guangzhou shivering through their chilliest days so far this winter.
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What is Hindenburg Research? Why is this US investor firm shorting Adani Group stocks?

Financial Express 27 Jan 2023
A Financial ... In May 2020, the investment research company wrote about China Metal Resources Utilization, showing how the company was under severe financial distress and identified numerous accounting irregularities, including evidence of undisclosed related party transactions.
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The Mike Pompeo speech on China’s influence on US universities that MIT killed

New York Post 27 Jan 2023
When Pompeo was Secretary of State he took probably the most hawkish view any American official has yet taken towards the Communist Party of China ... If a speech were to take place on the MIT campus that upset the communists in China then the CCP would retaliate in a way that would cost MIT financially.
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Russian foreign minister calls BRICS 'embodiment of global multipolarity'

Anadolu Agency 27 Jan 2023
Russian Foreign Minister Sergey Lavrov on Friday called a group of five leading emerging economies – Brazil, Russia, India, China, and South Africa – also known as BRICS, an "embodiment of global multipolarity." ... Countries such as China and India are already surpassing the US and EU members by many indicators," the minister said.
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Pakistan rupee plummets nearly 10 per cent: What is happening?

Indian Express 27 Jan 2023
Financial analyst Saad Bin Naseer noted that one of the main requirements to ... While Pakistan has successfully courted friendly countries like UAE, China and Saudi Arabia for financial support, its economic situation has been such that securing help from the IMF is seen to be vital.
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Hunter Biden art dealer hails first son as ‘one of the most consequential artists’

New York Post 27 Jan 2023
Hunter Biden said in communications retrieved from his former laptop that he paid as much as “half” of his income to his father, and a 2017 email described 10% of a financial windfall being held for “the big guy” as part of a business deal being negotiated in China.
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It Was the Workers Who Brought Us Democracy, and It Will Be the Workers Who ...

Scheerpost 27 Jan 2023
Demonstrators supporting union rights for workers at the Bessemer, Alabama, Amazon warehouse picketed outside the South St. Whole Foods Market in Philadelphia on March 5, 2021 ... By Vijay Prashad / Tricontinental. Institute for Social Research ... He is a senior non-resident fellow at Chongyang Institute for Financial Studies, Renmin University of China ... .
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US dollar gains strength as Chinese Yuan depreciates amid its shrinking economy

Beijing News 26 Jan 2023
The financial market in Hong Kong functions under the tight political control of China, reported Geo-politik ... outflow from China because of the yield differential between China and the US which has adopted a tight money policy to rein in the inflation, say financial experts.
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Sri Lanka says debt-restructuring talks making progress

Caledonian Record 26 Jan 2023
Its completion hinges on assurances on debt restructuring from creditors that include China, India and the Paris Club, a grouping of major creditor nations ... “Other bilateral creditors, Paris Club, China and small bilateral creditors are in the process of issuing financial assurances,” Sri Lankan Central Bank Governor Nandalal Weerasinghe said.
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China's growth rate in 2022's final quarter lowest since 2020: Report

Beijing News 26 Jan 2023
China's economy grew by 2.9 per cent in the final quarter of 2022, down from 3.9 per cent in the third quarter ... Another major worry for China is joblessness ... China has been engaging foreign financial institutions, market analysts, major investment groups and think tanks to paint a rosy picture of the future of China's economy.
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Hong Kong exports drop most since 1950s as demand weakens

Hong Kong Standard 26 Jan 2023
Hong Kong’s exports plunged in December by the most since the 1950s, extending a monthslong streak of declines fueled by China’s slowdown and a global demand dropoff that probably pushed the financial hub into economic contraction last year ... global financial crisis.
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Sands China optimistic despite US$1.5b loss

Hong Kong Standard 26 Jan 2023
Sands China (1928) widened its net loss by 50.5 percent to US$1.58 billion (HK$12.4 billion) last year from a year ago but said early indications of recovery over the past few weeks were "all positive." ... Goldman Sachs maintained a buy rating for Sands China, with a target price of HK$36 as its financial results were in line with expectations.

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