Earnings growth at China’s industrial firms in November fell for the first time in nearly three years in the face of slackening domestic and external demand, highlighting rising risks to the world’s second-largest economy. The gloomy data points to a further loss of economic momentum as a trade dispute with the United States piles pressure […]
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As the changing nature of the U.S.–China relationship reshapes global political and economic landscapes, many countries are wondering if they’ll eventually be forced to take sides. If it comes to that, many will choose to align themselves with America, according to Fraser Howie, an independent analyst who has written books about China and its financial […]
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China’s massive Belt and Road Initiative infrastructure program has long been viewed as a platform to project Chinese power across the globe, despite official assertions to the contrary. New findings from the New York Times have now reinforced that argument, giving more weight to the idea that the investment plan may not purely be the […]
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Asian stocks were mixed on Monday after last week’s market turmoil stateside. South Korea’s Kospi slipped 0.31 percent to close at 2,055.01, despite industry heavyweight Samsung Electronics and chipmaker SK Hynix gaining 0.39 percent and 0.67 percent, respectively. Australia’s ASX 200, which closed at 11:10 a.m. HK/SIN ahead of the upcoming Christmas holiday, finished the […]
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A coordinated offensive against Chinese cyber-espionage from the United States and its allies shows a different approach to countering what they call theft of commercial and government secrets. The United Kingdom, Australia, Canada and New Zealand joined Washington on Thursday in condemning cyber-espionage on the same day that Washington indicted two Chinese nationals, Zhu Hua […]
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