5 h. ago China's pig iron and spiegeleisen market to grow at a 2.2% CAGR through 2035, driven by increasing demand, to reach $430M.

China's pig iron and spiegeleisen market to grow at a 2.2% CAGR through 2035, driven by increasing demand, to reach $430M.  IndexBox

Economics

5 h. ago China's propene market to grow at 4.0% CAGR, driven by rising demand, reaching 33M tons by 2035.

China's propene market to grow at 4.0% CAGR, driven by rising demand, reaching 33M tons by 2035.  IndexBox

Politics

7 h. ago ‘Homestay’ heartache hits China as operators lament lack of business

After four years leasing out private holiday accommodation beside the sea in the west of Guangdong province, a downturn in demand has led Chen Mei to regret getting involved in the industry. “I thought domestic demand would rebound quickly after the [Covid-19] pandemic, but price wars have actually intensified across the industry, squeezing profits year by year,” she said. “I’ve begun scaling back operations. If I could choose again, I wouldn’t have invested in the industry.” Chen’s downbeat...

Events

11 h. ago US, Canada, UK, Argentina, Spain, France, Germany, China, and Chile Lead Record

US, Canada, UK, Argentina, Spain, France, Germany, China, and Chile Lead Record-Breaking Air Tourism Surge in Mexico Driving Massive Tourism Revenue and Expanding International Market Opportunities  Travel And Tour World

Politics

15 h. ago Cattle markets still hot despite slide lower while China still not buying U.S. grain

Cattle markets still hot despite slide lower while China still not buying U.S. grain  Rural Radio Network

Economics

19 h. ago Hong Kong’s Cathay seeks police help in removing ‘intoxicated’ passenger

Hong Kong flag carrier Cathay Pacific Airways called for police to help remove a passenger who was reportedly intoxicated and behaving in an unruly manner, resulting in a flight delay of nearly two hours. The carrier said on Saturday that flight CX255 from Hong Kong to London, scheduled to depart at 11.15pm on September 4, was delayed due to a 38-year-old British male passenger. “The captain made the decision to offload the concerned passenger in accordance with the safety guidelines, and the...

Events

19 h. ago Will America’s extended trade truce with China be a boon for farmers in the US Midwest?

There is a major divide in the American heartland. US farm states are facing a drop in exports of key commodities as Beijing turns to alternative suppliers, primarily in Brazil, as a result of Donald Trump’s trade war. Some farmers, however, want to give the US president the benefit of the doubt that his go-slow approach to Beijing will eventually bear fruit in the form of more orders from China as well as other trading partners. Others fear that no combination of new markets will replace the...

Politics

22 h. ago ‘He will be missed’: thousands pay respects to fashion icon Giorgio Armani

Thousands of mourners paid homage on Saturday to Italian fashion legend Giorgio Armani, who died this week aged 91, as his coffin was put on public display in Milan. Crowds filed past the wooden closed casket in a darkened room lit by paper candles and an image of the designer on a big screen. Armani, the head of a multibillion-dollar luxury fashion empire, died on Thursday after months of fragile health and will be laid to rest at a private funeral on Monday in Milan. Hundreds of people queued...

Politics

23 h. ago China investigates former stock market regulator Yi Huiman for disciplinary breaches

China investigates former stock market regulator Yi Huiman for disciplinary breaches  Yahoo Finance

Economics

26 h. ago Another Hong Kong homeowner convicted over illegal structures, fined HK$150,000

Another homeowner in Redhill Peninsula has been found guilty of carrying out unauthorised building works and fined HK$150,000 (US$19,230), marking the 12th conviction after Hong Kong authorities’ crackdown on illegal construction. The owner of a detached home in the private housing estate on Hong Kong Island pleaded guilty at Eastern Court on Friday to knowingly undertaking building works without prior approval and consent from the Buildings Department. “Investigations found that the owner of...

Events

27 h. ago Ballooning crisis: 200 customers plan legal action over Hong Kong fest fiasco

More than 200 angry customers are planning to take legal action against a trouble-plagued hot-air balloon festival in Hong Kong, with grievances mounting over deflated displays, a singer pulling out of a related concert and the event potentially being cancelled because of an approaching storm. Visitors to the AIA International Hot Air Balloon Fest Hong Kong at the Central harbourfront faced disappointment for a third day on Saturday, as the organiser deflated displays again for part of the...

Economics

29 h. ago China investigates former stocks regulator Yi Huiman for disciplinary breaches

Yi Huiman, the former regulator of China’s equities market, is being investigated for disciplinary breaches, as the country’s long-standing anti-graft campaign extends into all corners of the financial industry, from banking to the stock market. Yi, the chairman of the China Securities Regulatory Commission (CSRC) from January 2019 to February 2024, is being investigated by the Communist Party’s disciplinary unit for severe breaches of discipline, according to the Central Commission for...

Events

31 h. ago China’s yuan rallies with central bank backing as worries mount over US dollar

A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather than by market forces, analysts said, pointing to a mostly steady US dollar index. However, they noted, this period of strengthening is likely to remain measured, as Beijing prefers to avoid harming the competitiveness of its exporters amid trade tensions with the United States. Over just five trading days last week, the People’s Bank of China pushed the yuan’s reference rate against the...

Politics

31 h. ago Young Chinese are trying out the simple life. Am I missing out?

When my friend Lee first lost his job in 2023, he was terrified. From the moment he graduated in 2016, he had been working nonstop. He had changed jobs a couple of times, but always had a choice – he had never been kicked out of the job market like this. Lee worked in the traditional publishing business, editing children’s books. The industry has been tanking, with the rise of digital books, and the post-pandemic slump doesn’t help. He was laid off with half of his colleagues, with a small...

Events

32 h. ago ‘It’s tough, but good luck’: China eatery refunds meal payment to job

A street snack eatery in Shenzhen refunded 13 yuan (US$2) to uplift two young university graduates new to the city, and the gesture moved many people online. The two young women, Liu and Song, hailing from Hunan and Jiangxi provinces respectively, travelled to Guangdong in southern China for better job opportunities on August 15. On August 16, they visited a branch of Shaxian Delicacies, a well-known street snack chain in Longgang District, where they ordered food totalling 13 yuan and discussed...

Politics

32 h. ago This Week in Review | Tariffs, Russia–China–India, Bond Markets

This Week in Review | Tariffs, Russia–China–India, Bond Markets  Fisher Investments

Economics

35 h. ago China’s biotech industry is gaining on the US. Can tariffs hold them back?

In the summer of 2015, a time when China’s pharmaceutical market was in a phase of rapid expansion, a sudden regulatory change sent tremors through the industry: drug companies would need to audit the clinical trial data for all pending applications. If withdrawn within a month of the announcement, firms could avoid penalties for submitting flawed applications, but hiding or falsifying data would court severe punishments, including multi-year filing bans. The response from the industry indicated...

Economics

36 h. ago Nvidia's China Revenue Constraints Don't Negate The Bull Case (NASDAQ:NVDA)

Nvidia's China Revenue Constraints Don't Negate The Bull Case (NASDAQ:NVDA)  Seeking Alpha

Politics

40 h. ago KLA: Decreased China Reliance Is Coming At A Cost (NASDAQ:KLAC)

KLA: Decreased China Reliance Is Coming At A Cost (NASDAQ:KLAC)  Seeking Alpha

Politics

43 h. ago Wall Street climbs to new highs on hopes of interest rate cuts

US stocks are rising to more records on expectations that the Federal Reserve will have to cut interest rates soon to help the economy. The S&P 500 climbed 0.4 per cent on Friday. The Dow Jones Industrial Average added 93 points, and the Nasdaq composite gained 0.7 per cent. The action was much stronger in the bond market, where Treasury yields tumbled following the latest weaker-than-expected update on the US job market. That raised expectations for a cut to rates by the Fed later this month....

Politics