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Aggregated China Business Blogs

Central banks in emerging markets look to reduce reliance on US dollar for reserves holdings

Stronger growth figures for third quarter had buoyed hopes that recovery was turning a corner

Mazda Australia has detailed its new electrification roadmap that will see all of its vehicles be hybrid, plug-in hybrid (PHEV), or battery electric (BEV) by 2030.
The company also expects at this point BEVs will account for at least 25 per cent of its…

Flagship Mate 60 Pro has been a hit in China but taking on the iPhone will come at a political cost

Billionaires are notoriously difficult to track. It’s no surprise – the easier they and their assets are to find, the easier they are to tax. But by all accounts, the number of uber-wealthy people in China is in decline. Of the world’s estimated 2,640 …

The prime minister will host an event with X owner Elon Musk following the UK's AI summit.

Rishi Sunak's X account posted on Monday that he will be "in conversation" with the Tesla and SpaceX boss on Thursday.

It is likely he will also be present in some way at the summit, although it is not clear whether he will attend in person or virtually.

Rishi Sunak and Elon Musk to host 'in conversation' event after AI summit comes via ChinaTechNews.com.

Good evening, let’s start with today’s top stories:
Latest developments from the Middle East
Israeli troops and tanks pushed deeper into Gaza today and freed a soldier held captive by Hamas militants. The Israeli military said the female soldier was ca…

A keyboard is placed in front of a displayed WeChat logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights
OTTAWA, Oct 30 (Reuters) – Canada on Monday banned Chinese messaging application WeCha…

Elon Musk will attend Rishi Sunak’s AI safety summit this week in Bletchley Park, government sources have confirmed, with the two men to host a live conversation on the billionaire’s social media site X on Thursday.
The technology multibillionaire will…

Death of former premier largely sidelined by Xi Jinping creates a sensitive moment for China’s Communist party

Hello,
Saskatchewan will stop collecting the carbon levy on natural gas unless the federal government stops collecting the levy on all forms of home heating, Premier Scott Moe says.
Moe announced the ultimatum for the federal Liberal government today, …

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Bitcoin -1.1% to $US34,248 at 4.32am AEDT
On Wall St at 1.35pm: Dow +1.4% S & P +1% Nasdaq +0.9%
In New York: BHP +0.5% Rio +0.8% Atlassian +0.5%
Tesla -5% Apple +1.1% Amazon +3.3% Microsoft +2.1%
VIX -5.2% QQQ +0.9% TLT…

The Israeli prime minister, Benjamin Netanyahu, declared over the weekend that Israel had embarked on the “second stage” of its war against Hamas in Gaza. What did he mean – and is the Israeli government any closer to its objective of “wiping out” Hama…

Open this photo in gallery: WeChat has joined TikTok on the list of Chinese-owned apps banned from use on Canadian federal government devices.Mark Schiefelbein/The Associated Press
The Canadian government has banned the Chinese social media application…

OTTAWA — The federal government is banning WeChat and Kaspersky applications from its phones over security concerns.
WeChat is a social network, messaging and payments app from Chinese company Tencent, while Kaspersky was founded by Russian entrepreneu…

OTTAWA — The federal government is banning WeChat and Kaspersky applications from its phones over security concerns.
OTTAWA — The federal government is banning WeChat and Kaspersky applications from its phones over security concerns.
WeChat is a social…

Policymakers everywhere were caught unprepared by the heinous atrocities perpetrated by Hamas on 7 October. None of them, though, can have been surprised by what has followed. Israel’s response was predictable and predicted – and so too are its humanit…

The U.S. quantitative strategy team at BofA Securities has a new report out called Five themes and how to play them, providing investors looking for bargains with a host of stock ideas to watch amid ongoing market volatility. The five themes are de-glo…