China

Why India Will Become the World's Next Economic Superpower

Amid the global discourse on emerging economic powerhouses, India's trajectory is drawing keen interest from observers worldwide. With a narrative often shadowed by the colossal growth story of China, India's economic journey presents a compelling case for its potential ascendancy to superpower status.

US and China Debt Woes Could Shake Up Global Ratings in 2024

The year 2024 may mark significant changes in several sovereign credit ratings due to the U.S. and China being on downgrade alerts, Turkey expecting to receive an upgrade after a ten-year hiatus, Israel facing its first drop, and more than fifty elections to be managed.

Amazon Under Pressure from Rising Stars, Makes China Charm Offensive to Revive Growth

As it battles increasing competition from low-cost online retailers Temu and Shein, both of which have their origins in the second-largest economy in the world, Amazon is extending a new offer to sellers situated in China.

China Stocks Reverse Course After Slump Fueled by Deflation Concerns

After being driven down early in the day by data indicating ongoing deflationary pressures stemming from poor domestic demand, China's equities reversed direction and rose on Monday.

China's Shipments Surge After Six-Month Slump, Bringing Relief to Factories

For the first time in six months, China's exports increased in November, indicating that manufacturers in the second-biggest economy in the world are drawing customers with low prices in an effort to recover from a protracted decline in demand.

China's State Banks Eye Strategic Dollar-Yuan Swaps

China's biggest state-owned banks were observed on Tuesday exchanging dollars for yuan in the onshore swap market and then selling those dollars in the spot market to strengthen the yuan.

Walmart Diversifies Supply Chain by Sourcing More Goods from India

As part of its efforts to reduce costs and diversify its supply chain, Walmart is importing more items into the United States from India and decreasing its reliance on China, according to data seen by Reuters.

Temasek Issues Alert Over Imposter Agents in China Shilling Bogus Investments

Temasek Holdings, a Singaporean company, issued a warning about potential scams involving the sale of financial instruments or goods to naïve people under the guise of the company's Shenzhen, China, office.

McDonald's Deepens China Commitment with Carlyle Deal, Boosting Minority Stake

McDonald's is acquiring Carlyle's interest in its China operations, boosting its minority ownership from 20 percent to 48 percent.

US Funds Shift Focus Away from China, Offloading Alibaba, Apple

Major U.S. funds are taking a more defensive stance in the face of uncertainty in the second-largest economy in the world by cutting holdings that expose them to China and concentrating more on American technology companies.

New Report Finds China's Development Banks Are Lagging Behind on Green Energy Finance

China's promise to stop financing coal from abroad has not yet resulted in more money going into renewable projects.

Invite-Only, Facebook Alternative Clubhouse Banned in China After Brief, Uncensored Period

The app allowed thousands of Chinese users to engage in uninterrupted and non-monitored discussions with people abroad about democracy, Taiwan and other sensitive topics

China Beats US as Top FDI Destination; Is this President Biden's Biggest Challenge?

The year 2020 also the first year in history that foreign direct investment in China overtook that of the US. Will this affect President Biden's leadership?

American Airlines to buy $200 million worth of shares in China Southern

The deal ties American Airlines, one of the three big carriers in the US, with one of China's big three state-run airlines.

China gives preliminary approval for dozens of Trump-related trademarks in businesses

Trump's lawyers in China say the business is simply trying to protect Trump trademark from anyone who might try to use the name to its advantage.

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Latest Stories

Solana (SOL) Eyes Breakout: Is a Price Surge Coming?

Solana (SOL) is about to see a significant price breakout. Bluntz, a well-known analyst who was successful in correctly predicting the bottom of the cryptocurrency market during the 2018 bear market, claims this.

Mortgage Application Denied: What to Do Next and Boost Your Chances

The ideal of becoming a homeowner has grown more elusive for many prospective homeowners in recent years. The cost of buying a house has increased dramatically due to a combination of skyrocketing real estate prices and rising mortgage rates, pushing budgets to the breaking point.

Short on Cash? A Guide to Using Earn-Wage Apps Safely and Affordably

Several businesses provide a lending service known as Earned Wage Access, including EarnIn. In order to help workers meet their daily necessities and pay their obligations, the applications provide tiny, short-term loans to them between paychecks.

Stand Out or Sit Down: Founders' Top Tips for New Entrepreneurs

In today's fast-paced startup ecosystem, understanding what makes a successful entrepreneur is gold dust. According to a recent CNBC-SurveyMonkey poll, young adults increasingly view entrepreneurship as a career path and a crucial pillar of their financial security.

BlackRock HBAR Explodes, Then Tumbles After Misfire on RWA Crypto Deal

Just when you thought the crypto rollercoaster couldn't get any wilder, HBAR, the native token of the Hedera Hashgraph blockchain, took investors on a head-spinning ride. Picture this: one moment, you're soaring high on rumors that BlackRock, the titan of asset management, is cozying up with Hedera. The next minute, you're free-falling faster than you can say "fake news."

Must Read

99Bitcoins Presale Hits $600k, Signaling Massive Interest in Learn-To-Earn ($1M Next?)

With the latest Bitcoin Halving chapter coming to a close, 99Bitcoins is positioning as an altcoin trailblazer for the year ahead, introducing a ground-breaking learn-to-earn strategy through the 99Bitcoins Token (99BTC). Kicking off with a bang, the 99Bitcoins presale has already amassed more than $650k in the first few days, capturing the attention of investors keen on getting in early.

Free Crypto Riches: How to Profit from Airdrops 2024

With the colossal tidal wave of cash that hit the market during the early 2021 bull run, crypto projects have been showering their communities with tokens and even cold hard USD rewards through airdrops all the way up to today. Now, with trends like play-to-earn setting the stage, the frequency of these digital rainchecks has skyrocketed.

Food Prices Down in 2024? Time to Revise Your Grocery Budget

It looks like this year will mark the end of rising food costs globally. Oxford Economics projects that global food prices will drop in 2024, providing some respite for consumers.

Don't Wait! Get Your 2024 Tax Refund Status in Minutes

There are a few simple methods to find out where your return is. You may use the IRS2Go mobile app or visit their "Where's my refund?" webpage.

Strategies to Beat the Heat and Keep Costs Down

As the country celebrates Earth Day, shoppers may have noticed one impact of climate change: rising temperatures are making it harder for Americans to pay their bills, and in some cases, they are even forcing families to decide between purchasing groceries and cooling their houses.

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