While Trump works to lay out a new policy for NASA, China is set to conduct a record number of launches this year. In his inaugural address, President Donald Trump said that the United States stands “ready to unlock the mysteries of space,” but given that he has yet to outline his NASA policy, it […]
China’s Next Big Short Is Stocks
This Hedge Fund Says China’s Next Big Short Is Stocks When Kevin Smith realized late last year that China was getting serious about defending its currency, his first move was to dial back bearish bets on the yuan. His second move: double down on wagers against Chinese stocks. Smith, whose global macro hedge fund has […]
China StocksRallying for second day on OPEC output cuts and China demand forecast
US crude settles at $53.01, rallying for second day on OPEC output cuts and China demand forecast Oil prices rallied for a second day on Thursday, supported by reports that key members of OPEC were starting to cut production and by forecasts of strong demand growth in China. U.S. crude ended Thursday’s session up 76 […]
China OilChina shakes up 2,000-year-old salt monopoly
Producers permitted to set prices and sell directly to the market China has moved closer to dismantling a 2,000-year-old government monopoly on table salt by allowing producers to set prices and sell directly to the market. The monopoly has supported successive Chinese rulers from the Han dynasty onwards, and helped pay for the construction of […]
000-year-old salt monopoly, China shakes up 2, mark schlarbaumChina With Plans for New Flat-Panel Factory
Foxconn Deepens Investment in China With Plans for New Flat-Panel Factory New plant to make advanced liquid-crystal displays with technology from Sharp By Eva Dou Foxconn Technology Group founder Terry Gou said his company plans to build an $8.8 billion television flat-panel factory in Guangzhou, China, depicting the region as an “investment treasure land” amid […]
China With Plans for New Flat-Panel Factory, mark schlarbaumChina promises strong support for business
China promises strong support as Sao Tome pitches for business China promised strong support on Monday for its newest friend in Africa, the former Taiwan ally Sao Tome and Principe, whose foreign minister made a pitch for Chinese firms to invest in his “tranquil” country as the two re-established ties. Taiwan, claimed by China as […]
China promises strong support for business