At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that behavior even if they want to, lies the country’s stock market. Even after a recent rally, Chinese indexes have only just returned to levels seen in the aftermath…
Nvidia is reportedly planning to release a new artificial intelligence (AI) chip specifically for the Chinese market as early as September. This move coincides with CEO Jensen Huang‘s anticipated visit to China, where he is said to aim to reaffirm the company’s dedication to the country despite ongoing US export restrictions. How Nvidia’s new China-bound…
THERE will be no more direct flights from Hong Kong to Saipan, according to a travel agency and charter service provider. The flight from Hong Kong on Sunday, May 4, 2025 would be the last, said KK Chan, chief executive officer of ShenZhen Professional Workers Int’l Travel Service Co. Ltd., one of the two companies…
Facebook founder Mark Zuckerberg is facing scrutiny following allegations in a memoir by ex-Meta employee Sarah Wynn-Williams. The book claims the Meta CEO pursued access to the Chinese market by developing censorship technology and bolstering AI capabilities, while allegedly keeping these initiatives hidden from US lawmakers. Based on these claims, a US Senate investigative subcommittee…
The thesis for investing in China is improving underpinned by a combination of market performance and tailwinds from DeepSeek‘s AI breakthrough to better-than-expected U.S. relations, according to analysts at Bank of America Securities. Under the sub-heading “From ‘tradable’ to ‘investable’” the investment bank’s China equity analysts noted that long-term reforms such as rising dividend payments…