Conversation
05.19.22Is Beijing Changing Tack on Big Tech?
In recent weeks, news has emerged that China may be slowing its Big Tech regulations. On Tuesday, the CPPCC held a special meeting on the digital economy, with Vice Premier Liu He highlighting the need “to support the platform economy.” This...
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07.11.18New Round of U.S.-China Trade War Rattles Global Markets
New York Times
President Trump’s escalating trade war with China rattled global markets on Wednesday.
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06.19.18China Stocks Plunge to Two-Year Low on Tariff Threat; Yuan Sinks
Bloomberg
China’s benchmark equity gauge tumbled to a two-year low and the yuan weakened as a worsening trade dispute with the U.S. spurred panic selling. Bonds gained.
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04.10.18U.S. Stocks Surge after China’s Xi Eases Trade Fears
Wall Street Journal
U.S. stocks climbed Tuesday, with the Dow gaining more than 400 points, as remarks from Chinese President Xi Jinping soothed concerns about a trade war that have roiled markets in recent weeks.
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04.05.18White House Sends Mixed Message on China Trade Thaw
Financial Times
Markets rally but questions remain over US willingness to talk to Beijing.
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04.04.18Xiaomi Ceo Calls China’s Plan to Lure Tech Listings ‘Excellent’
Bloomberg
China’s trial program for encouraging technology giants like Alibaba Group Holding Ltd. to list their shares at home is drawing positive early reviews, a sign their stocks may soon be available in the world’s most populous country.
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03.28.18It’s Not Just Facebook: China’s Biggest Tech Company Is Getting Crushed
CNN
Tencent (TCEHY) -- the company often referred to as China's Facebook -- has lost more than $70 billion in market value over the past week.
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03.14.18China Levies Record $870 Million Fine for Stock Manipulation
Bloomberg
China slapped a logistics company with fines totaling 5.5 billion yuan ($870 million) for manipulating the stock market, the biggest ever punishment for such an infringement.
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02.27.18Xi’s Power Grab Gives a Short-Term Boost with Long-Term Ramifications
Brookings Institution
China’s stock market and currency rallied Monday on news that the country would revise its constitution to abolish term limits for the president.
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02.06.18The Upside for China in the US Stock Market Plunge – from the Chinese Economist Who Tipped a Big Fall
South China Morning Post
A record points plunge in the US stock market this week could be good news for China’s exporters, according to a Chinese government economist who predicted a big correction in American shares four weeks ago.
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01.24.18China Stocks at Risk of Outpacing Fundamentals
Financial Times
As the Chinese stock market’s disastrous 2015 boom-and-bust fades from memory, investors are in a mood to buy. Chinese stocks both on the mainland and in Hong Kong outperformed the S&P 500 last year, as economic growth accelerated for the...
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11.29.17Chinese Stocks Are Beginning to Show 'Cracks.' Here's What It Means
CNBC
China’s stock market has been steadily rising all year, but according to one technician the charts are beginning to show signs of weakness.
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08.28.17More Turmoil for China’s Wanda as Rumors Fly
Variety
China’s Dalian Wanda issued a stern denial Monday following rumors that company chairman Wang Jianlin had been detained by authorities as he attempted to fly abroad. The unsubstantiated reports caused stocks in Wanda’s hotel group to swoon. “Rumors...
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06.26.17China Southern Air to Raise up to $1.9 Billion in Share Issue for Aircraft Purchase, Capital Boost
Reuters
China’s largest airline by passenger numbers said 7.8 billion yuan of the proceeds will be used to acquire 41 aircraft, and the selection and installation of lightweight seats for its A320 series aircraft.
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06.22.17Big China Companies Targeted over ‘Systemic Risk’
Financial Times
China’s bank regulator ordered domestic lenders to check the “systemic risk” presented by “some large enterprises” involved in overseas buying sprees, sending stock prices of some of the country’s most acquisitive private-sector companies sharply...
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06.18.17Some Global Investors See Fresh Worries in an Old Problem: China
New York Times
While investors have been preoccupied with President Trump and chaos in Washington, nerve-rattling elections in Europe and the uncertainty created by Federal Reserve policy and Britain’s decision to leave the European Union, a once-familiar — and...
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03.02.17Rags to Riches: Delivery Man Now China’s Third-Richest Billionaire
CNBC
Wang Wei, chairman of SF Holding—the FedEx of China—has seen his fortune grow to around $27 billion, according to a Forbes estimate.
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02.04.17Disappearance of Chinese Billionaire Alarms Financial Sector
Wall Street Journal
Xiao Jianhua is one of several high-profile Chinese businessmen to go missing since China’s 2015 stock-market crash
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01.20.17Asian Shares Mixed as Investors Eye Trump’s Inauguration
CNBC
Asian markets were a mixed bag on Friday after China’s latest set of economic data suggest the economy is recovering, even as risk sentiment sours ahead of Donald Trump’s inauguration
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12.28.16China’s Markets are Tamed— but Not Tempting
Wall Street Journal
The roller-coaster ride may be over, but global investors say that still hasn’t made China attractive for 2017
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12.13.16China Stocks Drop as Insurers Face Crackdown
Wall Street Journal
China’s top securities regulator has accused some big insurers of behaving like ‘barbarians’
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09.26.16China’s Risk-Loving Mom & Pop Investors Abandon Local Stock Markets for Bitcoin
Quartz
China’s two biggest exchanges account for more than 90% of global trading.
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08.15.16China Shares Hit Seven-Month High; World Yields Keep Falling
Reuters
Chinese stocks helped offset news that Japan’s economic growth had ground to a halt.
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07.18.16Samsung Bets on China’s BYD for Growth
Wall Street Journal
The South Korean technology giant plans to invest in the electric vehicle and battery maker’s $2.3 billion share sale.
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07.06.16China Stocks Rise on Reform Hopes, as Other Asian Shares Sag
Wall Street Journal
President Xi calls for overhauling state-owned enterprises....
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06.29.16China Stocks Extend One of The World’s Best Post-Brexit Rallies
Bloomberg
Shanghai composite climbs as the MSCI All-Country World Index tumbles....
Viewpoint
03.24.16Why China’s Economy Can’t Collapse
from Radio Free Asia
China’s economic outlook once again became the focus of attention for many last week. For one thing, the Economist Intelligence Unit (EIU) listed the possibility of a hard landing for China’s economy as the topmost of the world’s top 10 risks. There...
Caixin Media
02.24.16Regulators Leave Wealth Management Industry Unplugged
Financial market supervisors admit that gaping holes pockmark the regulatory fences they’ve built in recent years to control the wealth management industry and protect its investors.By occasionally introducing new rules and regulations, supervisors...
Sinica Podcast
01.29.16The China Meltdown
from Sinica Podcast
[—Editors note: this podcast was recorded on January 18, 2016]With equity markets in free fall, housing prices skipping downwards, foreign reserves plummeting, and industrial production on a road trip back to the last decade, it’s no surprise...
The China Africa Project
01.19.16Africa Feels the Chill of China’s Cooling Economy
It hasn’t even been a month since Chinese president Xi Jinping was in South Africa for the triennial Forum on China-Africa Cooperation (FOCAC) confab where he unveiled a massive $60 billion financial package. Oh how those were innocent, halcyon days...
Caixin Media
10.13.15Insider Trading Is Hindering Development of Stock Market
A series of investigations into apparent market violations emerged after the recent stock market turmoil, bringing down Zhang Yujun, an assistant chairman at the China Securities Regulatory Commission (CSRC); Cheng Boming, general manager of CITIC...
The China Africa Project
10.01.15How China’s Economic Slowdown Will Impact Africa
The tremors in China’s faltering economy are being felt across Africa. Now that China has replaced Europe and the United States as most African countries’ largest trading partner, there is understandable concern that slowing demand in the P.R.C...
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09.21.15China Market Rout Doesn't Reflect Economy, Top Diplomat Says
Bloomberg
“Some movements on the stock exchange in China should not equal the whole picture of the Chinese economy.”
Caixin Media
09.15.15Stock Market Volatility Is Not a Harbinger of Collapsing Growth
It would be a sad end to an amazing story. An economic miracle—one that lifted 300 million people from poverty and shifted the world's economic center of gravity—collapsing under the weight of risky investments and a financial crisis.This seems...
Media
09.03.15Chinese Web Users Aren’t Blaming Detained Journalist for Market Panic
China’s stock markets have been in free-fall for some time. Now, so is a financial journalist who had the temerity to write about them. On August 31, Chinese journalist Wang Xiaolu confessed on state-run China Central Television (CCTV) to writing a...
The China Africa Project
09.02.15The China Economy: What Lessons for Africa?
When African policy makers scan the globe in search of inspiration on how to structure their economies, that search often leads to Beijing. Not surprisingly, African leaders look at what China has done over the past 30 years where it went from being...
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08.31.15China’s Stocks Cap Biggest Selloff Since 2008 on Rescue Doubts
Bloomberg
Bearish options market bets climbed as traders weighed level of state support before a World War II parade this week.
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08.31.15China Punishes Nearly 200 Over ‘Rumors’ About Stocks, Blasts and Parade
New York Times
The moves indicate the political sensitivities aggravated in recent weeks by several volatile issues.
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08.29.15For China, a Plunge and a Reckoning
Wall Street Journal
Anyone trying to design an event to bring Xi Jinping’s China back to Earth couldn’t have engineered something much more elegant than the turmoil in China’s financial markets and the resulting global aftershocks. The upheaval is traumatic for China’s...
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08.24.15Apple Stock Recovers After Tim Cook Email Praises China Sale
New York Times
CEO Tim Cook emailed “Mad Money” host Jim Cramer to say the App Store in China had its best performance of the year in the last two weeks.
Features
08.20.15Is China About to Plunge the World Into Recession?
On Aug. 18, China’s stock market plummeted by a vertigo-inducing 6.2 percent in one day of trading, part of a months-long decline that’s erased over $3 trillion worth of market value from the country’s equity markets. That followed last week’s...
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08.13.15China Seeks to Calm Markets as It Devalues Currency for 3rd Consecutive Day
New York Times
Since Tuesday, the currency, the renminbi, has fallen 4.4 percent, the biggest drop in decades.
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08.11.15Bearish Bets Multiply as China Slows
Financial Times
A slowdown in China is harder for its trading partners and manufacturing competitors than it is for China itself.
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08.10.15China Shares Post Biggest One-Day Gain in a Month
Wall Street Journal
Weak economic data boosts stimulus hopes; investors signal confidence in Beijing’s support.
Caixin Media
08.03.15Villain or Hero for Stock Market Saga?
An obscure equities-trading finance agency that brokers often slighted in favor of bank loans has suddenly taken center stage in the drama playing out in the stock market.But reviews are mixed over whether the four-year-old, quasi-governmental China...
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07.31.15China’s Naked Emperors
New York Times
By trying to control the market China's rulers show that despite 25 years of success they have no idea what they’re doing.
Conversation
07.29.15Can Xi Jinping Turn China’s Economy Around?
On Monday, the Shanghai Composite Index fell 8.5 percent, erasing all of the gains it had made in an extraordinary run-up this year. The drop was the second 8.5 percent drop in recent weeks. The first such drop (the occasion for the Conversation...
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07.27.15China’s Shares Tumble Again
New York Times
Artists, essayists, lawyers, bloggers and others deemed to be online troublemakers have been hauled into police stations and investigated or imprisoned for “picking quarrels and provoking trouble,” a charge that was once confined to physical...
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07.21.15Chinese Stocks Rise as Shenzen Gains 20% on July Low
MarketWatch
Pressure remains from a continuing unwinding of leveraged positions and analysts said they aren’t optimistic about cash-backed state support.
Caixin Media
07.20.15How Beijing Intervened to Save China’s Stocks
Top executives from 21 securities firms spent the morning of Saturday July 4 pinned to government office chairs while the future of China’s stock markets hung in the balance.They’d been summoned on a day off to the Beijing office of the China...
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07.16.15Why China’s Sock Market Bubble Was Always Bound to Burst
Guardian
The sudden collapse of the nation’s share boom left tens of millions of investors in shock. But a massive government intervention to prop up the market has laid bare the contradictions of a capitalist China.
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07.15.15The Real Risk Behind China’s Stock-Market Drama
New Yorker
More recently, the Party has offered annual targets for economic growth that almost always bear out, no matter what sort of creative policy, or accounting, steps are required
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07.15.15China Surprises With 7% Growth in Second Quarter
Wall Street Journal
China’s growth remained at 7% in the second quarter, a level economists had thought would be hard to reach amid broad signs that Beijing’s policies to jump-start the economy hadn’t taken hold.
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07.09.15Oil Prices Rise on China Recovery and Iran Deadlock
Wall Street Journal
Oil prices climb as Chinese stocks rebounded, easing concerns about China’s economic growth, and expectations of higher Iranian crude-oil exports receded.
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07.09.15China's Richest Lost $195 bn In One Month
Wall Street Journal
The country’s stock market has been a wild ride this year, especially for millions of rookie retail investors who rushed to open their accounts for the first time.
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07.09.15Why Worry About China?
Wall Street Journal
The Chinese government has stepped in to the market, the police are involved, and short selling is under fire.
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07.09.15China’s Web Users Find NYSE Shutdown Hilarious
Within 30 minutes of the NYSE shutdown, the word spread on the Chinese Internet, and jokes came pouring in on China’s Twitter-like microblogging platform Weibo.
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07.08.15China's Stock Market Crash, Explained
Vox
Chinese stocks surged last year, but those gains didn't reflect broader economic gains. They were a result of more people investing in the stock market with borrowed funds.
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07.08.15China Takes More Steps to Stop ‘Irrational’ Selling'
Wall Street Journal
Chinese government agencies step up efforts to shore up China’s plunging stock markets that the securities regulator described as facing panic and irrational selling.
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07.08.15China Stock Slump Spreads as Alibaba to JD.com Whipsaw Investors
Bloomberg
U.S.-traded Chinese stocks tumbled at least four years before rebounding in late trading as the rout that’s wiped $3.2 trillion from the value of mainland equities spreads.