As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
Category: China
-
Angela Chao, C.E.O. of Foremost Group, Dies in a Car Crash
Ms. Chao, whose sister Elaine Chao was President Trump’s secretary of transportation, led Foremost Group, operator of a global fleet of carrier ships. She died in a car crash.
-
Shell Sees Demand Surging for Liquefied Natural Gas
Asia will be the dominant consumer, while the U.S. will be the key supplier. In Europe, where L.N.G. has been a lifeline, the need will continue despite environmental concerns.
-
How China Built BYD, Its Tesla Killer
The leading Chinese electric vehicle company, with origins as a battery maker, has posted two years of million-car growth in sales.
-
American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find
A Congressional investigation determined that U.S. funding helped fuel the growth of a sector now viewed by Washington as a security threat.
-
China Deflation Alarms Raised by Falling Prices for Food and Cars
In addition to consumer price declines in January, wholesale prices fell last month, and have been down in every month since October 2022.
-
For First Time in Two Decades, U.S. Buys More From Mexico Than China
The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.
-
Snow and Rain Disrupt China’s Lunar New Year Travel Rush
Hundreds of flights and trains have been canceled as China’s most important holiday approaches, and more bad weather is in the forecast.
-
Bao Fan, Missing Chinese Banker, Resigns After Investigation
China Renaissance Holdings said that its chairman and chief executive, Bao Fan, has stepped down after disappearing nearly a year ago.
-
Bao Fan, Missing Chinese Banker, Resigns After Investigation
China Renaissance Holdings said that its chairman and chief executive, Bao Fan, has stepped down after disappearing nearly a year ago.