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Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the...
Fortune· 3 hours ago“We think exiting China from a pure profit and strategic standpoint makes sense, to focus on where you’re making money— which is North American trucks,” John Murphy, BofA ...
China new bank loans rise far less than expected in May as demand wobbles By Reuters
Investing.com· 5 days agoNew bank lending in China rebounded far less than expected in May and some key money gauges hit...
China's new development means opportunities for world
China Daily· 2 hours agoThe international community holds a positive outlook on the Chinese economy. Recently, the World Bank raised its forecast for China's ...
Detroit Three automakers should exit China, leading analyst says
Investing.com· 1 day ago(NYSE: GM ) should leave the China market to preserve capital amid the costly electric vehicle (EV)...
PBOC’s New Tools May Spur Big Shift in How It Manages Money
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- China’s central bank chief hinted at a blueprint for a new toolkit that could open...
China could soon have to choose between fueling the Ukraine war and its access to Europe's economy
INSIDER via Yahoo News· 1 day ago"Publicly, President Xi has tried to create the impression that he's taking a back seat in this...
Russia's biggest private lender is expanding to China after being hit by US sanctions
Business Insider via Yahoo Finance· 17 hours agoThe bank — which has been under "full blocking" sanctions from the US Treasury since 2022 — has...
China Not Continuing Mega Oil-backed Loans to Latin America
Hart Energy via Yahoo Finance· 1 day agoChina, which lent around US$120 billion to Latin America and the Caribbean between 2005-2023, isn’t...
Stock market today: Global stocks are mixed after Wall Street edges to more records
San Francisco Chronicle· 7 hours agoWorld stocks were mixed on Wednesday after U.S. benchmarks ticked to more records following the...
Gateway - Quartz
Quartz· 11 hours agoChina’s growing military aggression towards Taiwan has the world on edge. When pressed in a testimony before the House of Representatives Financial Services ...