China Business & Economy – Page 48

China Trade Shrinks Amid Virus Pressure, Interest Rate Hikes

BEIJING—China’s imports and exports shrank in November under pressure from weakening global demand and anti-virus controls at home. Exports sank 9 percent from a year ago to $296.1 billion, worsening from October’s 0.9 percent decline, customs data showed Wednesday. Imports fell 10.9 percent to $226.2 billion, down from the previous month’s 0.7 percent retreat in…

China’s Outflow Will Spread From Financial to Capital Overall

Commentary China’s stock market rebounded more than 10 percent from the bottom since end-October. Analysts made buy calls against the backdrop of relieving COVID-19 measures. While the market was up, some funds flow statistics are not showing a consistent net inflow in recent days. And the rebounds of other markets like U.S., UK, and Europe…

Chinese Billionaire Who Purchased Texas Land Failed to Report Foreign Land Ownership, Received Lowered Fine

A Chinese billionaire purchased about 140,000 acres of agricultural land in Val Verde County, Texas, since 2016, and planned to build Blue Hills Wind Farm on this property near the U.S.-Mexico border and the Laughlin Air Force Base, a training ground for military pilots. The proposed wind project would have allowed the Chinese owner access…

Should International Corporations Split Up?

Commentary It’s probably a question that isn’t being asked enough: should multinational corporations divest themselves into smaller regionally or nationally aligned entities better suited to tackle local geopolitical and economic challenges? Global banking giant HSBC Holdings PLC is under pressure from its largest shareholder to do exactly that. Ping An, the Chinese insurer and HSBC’s…

Experts warn that Canadians are unknowingly complicit in Beijing’s human rights abuses due to federal and provincial government investments in Chinese firms that support the communist regime’s repression. A recent report from the UK-based NGO Hong Kong Watch said that at least three federal and six provincial pension funds—including the Canada Pension Plan Investment Board (CPPIB)—have…

XtremeCuztoms

Tag: China Business & Economy

DOE Funding CCP-Linked Company ‘Endangers Our National Security’: Barrasso

China Trade Shrinks Amid Virus Pressure, Interest Rate Hikes

China’s Outflow Will Spread From Financial to Capital Overall

Chinese Billionaire Who Purchased Texas Land Failed to Report Foreign Land Ownership, Received Lowered Fine

Should International Corporations Split Up?

Canadian Investments in China at Risk of Complicity in Human Rights Abuses, Experts Warn

Canadian Investment in China at Risk of Complicity in Human Rights Abuses, Experts Warn

Global Car Supply Chains’ Ties to Human Rights Violations in Xinjiang

Recent Posts

Archives

Meta