Beijing

President Xi Jinping of China held a meeting with Taiwan’s Former President Ma Ying-jeou. This marks their first encounter since their noteworthy handshake in Singapore nine years ago. What Happened: The leaders aimed to project a reconciliatory image despite the ongoing cross-strait tensions...

U.S. Treasury Secretary Janet Yellen has warned Chinese banks and exporters against aiding Russia’s military capacity, citing potential sanctions. What Happened: Yellen ended her four-day visit to China with a clear message: companies worldwide, including those in China, should avoid...

Former Australian Prime Minister Scott Morrison dismissed the notion that China inherently resists democracy, asserting that the Chinese people value freedom as much as anyone else. What Happened: In a podcast interview with Olympic athlete Sam Fricker, Morrison, who led Australia from 2018 to 2022...

U.S. intelligence officials have informed senators that WuXi AppTec Co Ltd (OTC:WXIBF), a Chinese pharmaceutical company, allegedly transferred U.S. intellectual property to Beijing without authorization. This news comes amid concerns that certain Chinese biotech firms are providing technology or...

China’s President Xi Jinping met with American business leaders in Beijing to rekindle foreign investment interests. What Happened: Reuters reported that President Xi Jinping met with American business leaders at the Great Hall of the People in Beijing on Wednesday. Around 20 firms attended...

David Sacks, a prominent venture capitalist, has criticized Washington’s focus on TikTok, a popular video-sharing app, in the face of a porous southern border. What Happened: Sacks took to social media platform X, formerly known as Twitter, to express his disbelief at Washington’s...

Two international funds that have been cautious about Chinese equities have turned bullish, citing attractive valuations and improving earnings. This shift in sentiment could signal a broader recovery in investor confidence in the Chinese stock market. What Happened: Norway’s Skagen AS and...

Mohamed El-Erian, the prominent economist, has warned that China’s economic future is uncertain, advising investors to approach the country with caution. What Happened: El-Erian suggested that China’s economy is no longer a safe bet for long-term investors, in a recent article for the...

China unveiled its economic objectives for the year at the 2024 National People's Congress, stirring diverse reactions across equity indices tracking Chinese stocks. While domestic Chinese stocks have displayed signs of optimism, rallying in response to the government’s announcements,...

China has announced a significant increase in its military spending for 2024. This decision comes amid an ongoing anti-corruption probe within the People’s Liberation Army (PLA) and escalating tensions with Taiwan. What Happened: China’s Ministry of Finance revealed a 7.2% rise in the...

As speculation grows over the potential return of Donald Trump as president, investors are contemplating the possible consequences for the stock market. What Happened: A research note by Capital Economics suggests that a second Trump term could significantly impact inflation, interest rates, and...

Stephen Schwarzman, the 77-year-old CEO of Blackstone, a private equity giant, has emerged as a leading benefactor of artificial intelligence (AI) research and education. His contributions to this field have surpassed half a billion dollars. What Happened: Schwarzman’s interest in AI was...

In the face of China’s economic challenges, JPMorgan Asset Management‘s John Bilton has advised against considering the country ‘un-investable.’ Instead, he sees potential in Chinese government bonds and stock markets. What Happened: Bilton, the head of global multi-asset...

The U.S. Treasury Department is sending a high-level delegation to Beijing for discussions on China’s economic policies and practices. The visit comes at a time of significant economic instability in China. What Happened: A team of five senior officials from the U.S. Treasury Department is...

Chinese investors are increasingly anxious about the potential re-election of former U.S. President Donald Trump, amidst a struggling economy and plummeting stocks, reports Goldman Sachs. What Happened: Goldman Sachs identified Trump’s potential re-election as a significant concern among...