Archive List for china

U.S. China relations: What Biden and Xi meeting means for multinational businesses and trade

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yahoo finance

President Biden will be meeting with Chinese President Xi Jinping on Wednesday at the APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, where major CEOs and other world leaders will also be in attendance. China Beige Book International Managing Director Shehzad Qazi analyzes what Xi’s attendance and availability to business leaders will mean for investment into China. “The message to CEOs, of course, remains, ‘China’s open for business and we welcome foreign companies and foreign executives to come in,'” Qazi tells Yahoo Finance. “You don’t really have to sell foreign executives… on China very much still.” Qazi also cautions American business leaders on the geopolitical risks still tied to China. […]

Nvidia planning to release 3 new chips for China

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yahoo finance

Nvidia (NVDA) shares climbed after reports that the chipmaker plans to release three new AI chips specifically for China. This follows Nvidia announcing last month that new export restrictions may prevent it from selling its top AI chips in China. Nvidia currently dominates China’s AI chip market with over a 90% share. These alternative AI processors aim to comply with regulations. Yahoo Finance’s Tech Editor Dan Howley discusses the new China-exclusive chips Nvidia is reportedly creating to bypass trade limits on its AI semiconductors, providing insights on other tech firms affected by heightened export controls to China. For more expert insight and the latest market action, click here to watch […]

U.S. and China: Sec. Yellen says U.S. needs to focus on other Indo-Pacific countries

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yahoo finance

U.S. President Joe Biden and Chinese President Xi Jinping are slated to meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. The two leaders are expected to talk about a range of topics including nuclear armaments and trade. The talks have been emphasized after Secretary of the Treasury Dept. Janet Yellen made remarks on how the U.S. “does not seek to decouple from China”, but should be considerate of its stance on human rights and national security. China Beige Book Co-Founder and CEO Leland Miller joins Yahoo Finance to discuss U.S.-China relations as well as the challenges the Biden administration has in its policies toward […]

Israel-Gaza war: China worried war could spill into a wider conflict

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AlJazeeraEnglish

China is worried that this war is going to spill into a wider conflict. On Monday, China’s Foreign Minister Wang Yi made two separate calls to the foreign ministers of Israel and the Palestinian Authority. Speaking to Riyad al-Maliki, Wang said Beijing deeply sympathises with the difficulties of the Palestinian people. Wang condemned attacks on civilians. He said China is going to continue to provide humanitarian aid to the Palestinian people. During his phone call with Israel’s Eli Cohen, Wang urged Israel to do what it can to protect civilians. Wang said Israel has a choice between war and peace, and it is imperative that it must do everything it […]

Philippines, China trade blame over collisions in contested South China Sea

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AlJazeeraEnglish

The Philippines has summoned the Chinese ambassador after vessels belonging to the two countries collided in the South China Sea. The countries have blamed each other for the two incidents on Sunday. The Filipino boat was supplying troops to an outpost in disputed waters. Al Jazeera’s Barnaby Lo reports from Manila, Philippines. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile @AljazeeraEnglish #Aljazeeraenglish #News #Philippines #China #SouthChinaSea #WestPhilippineSea #Philippinecoastguards #FilipinoFishermen #SouthChinaSeaTensions #SouthChinaSeaDispute #ScarboroughShoal

Foxconn faces tax audit, land use investigation from China

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yahoo finance

Apple (AAPL) iPhone manufacturer Foxconn Technology (2354.TW) is facing a tax audit and a probe into its land use by the Chinese government. Yahoo Finance Tech Editor Dan Howley details the news surrounding the Taiwanese company as more Big Tech companies seek to expand their supply chains outside of China. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #Foxconn #China #youtube About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo […]

Stock market: What investors should be concerned about

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yahoo finance

Stocks and bond yields are under pressure as a speech from Federal Reserve Chair Jerome Powell on Thursday, October 19, momentarily sent the 10-year Treasury yield over five percent for the first time in 16 years. Invesco Chief Global Market Strategist Kristina Hooper discusses her six key themes impacting markets today as market uncertainty drags on. “One of the biggest market movers of course is the 10-year U.S. Treasury yield,” Hooper says, “but we have to recognize that what we’re seeing happening right now is likely a very short-term phenomenon.” Hooper affirms the spikes in the 10-year Treasury yield to be temporary, refocusing that the Fed remains a “real problem” […]

Nvidia stock slides as new U.S. chip rules threaten business in China

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yahoo finance

Shares of Nvidia (NVDA) are trending lower after the Biden administration announced tighter restrictions on advanced AI chip exports to China. Upon this news, Citigroup lowered its price target on shares of the chipmaker. Yahoo Finance Reporter Josh Schafer breaks down the restrictions and how Nvidia will work under those restrictions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #yahoofinance #youtube #tech About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. […]

China in worst economic state in 20 years… can get a lot worse: Meyer, Unkovic & Scott

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yahoo finance

China’s economic recovery from the Covid pandemic remains lackluster as one of the country’s big real estate companies falters. Meyer, Unkovic & Scott Partner Dennis Unkovic tells Yahoo Finance Live anchor Akiko Fujita that the situation “can get a lot worse.” Unkovic says “seventy percent of the household wealth held by the normal Chinese people is in real estate. When real estate goes down, it just doesn’t affect the markets, it affects everyone in China.” Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #China #stockmarket About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you […]

China’s Country Garden warns it will miss debt payment

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yahoo finance

#youtube #China #yahoofinance China’s ongoing property crisis is continuing to take its toll on Country Garden. The property developer is warning that it will be unable to make a debt payment worth about $60 million, which is a big concern given that it has about $187 billion in liabilities. Yahoo Finance’s Akiko Fujita explains the company’s announcement. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage […]