Alibaba, Tencent Spared Trump’s Wrath. Xi ‘Hopes’ Starbucks Can Thaw Cold War
Maybe it was just my espresso high (which would be ironic in this case), but I found the following headlineContinue Reading
Category: China
China’s Exports Robust As Trade Surplus Hits Record
The data out of China continues to suggest the world’s second-largest economy is on reasonably solid footing, having left theContinue Reading
Trump Shouts Loudly At Ant Group, Tencent On His Way Out The Door
An already fraught situation became even more convoluted on Tuesday evening in the US when, amid rampant confusion around theContinue Reading
NYSE Backtracks On Chinese Telco Delistings As Market Eyes Oil Majors
Late last week, the NYSE said it would delist China Mobile, China Unicom, and China Telecom, consistent with Donald Trump’sContinue Reading
D-Lister Forces Delistings After Three Years Of Decoupling
Say goodbye to the US listings of China Mobile, China Unicom, and China Telecom. The state-controlled firms will be bootedContinue Reading
For Jack Ma, The Cost Of Insubordination Is $11 Billion (And Counting)
Poor Jack Ma. I mean, not really. Things can’t be all that bad if you’re the 25th richest person onContinue Reading
China’s Tech Titans Crumble At Xi’s Feet
Since peaking in October, Alibaba has now shed more than a quarter trillion in market value. The company’s shares droppedContinue Reading
Ant, Meet Sledgehammer
Jack Ma should have kept his mouth shut. The often flamboyant billionaire was reportedly warned by at least two peopleContinue Reading
Icarus And His Ant
Shares of Alibaba dove in Hong Kong Thursday, extending a slide that now sums to more than 25% since lateContinue Reading
China’s Recovery Continued In November. PBoC Surprises With 950 Billion Liquidity Injection
Dust off the boilerplate China recovery copy. The world’s second-largest economy continued to perform in November, activity data out TuesdayContinue Reading
China Sees First Consumer Price Deflation Since 2009
For the first time since 2009, China witnessed consumer price deflation. CPI declined 0.5% in November, data out Wednesday showed.Continue Reading
Terms Of Trade
Equities seemed a bit nervous to start the new week as concerns over new US sanctions on Chinese officials andContinue Reading
The Balance Of The News
Global equities moved higher Friday, albeit gingerly as circumspect investors assessed the balance of the news flow. Sino-US relations worsenedContinue Reading
Wall Of ‘What, Me Worry?’
Global equities looked to take a step back Monday, in cautious trading on the last day of a blockbuster month.Continue Reading
China’s Key October Data Is Good Enough. PBOC Moves To Quell Liquidity Concerns
China’s economic recovery remained largely on track in October, activity data out Monday suggested. Retail sales in the world’s secondContinue Reading