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☆ Investing in China's stock market is like 'picking up dimes in front of bulldozers' given the nation's long-running stagnation, 'Big Short' investor Kyle Bass says
▼ + stars: | 2024-10-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Investors shouldn't be putting their money in Chinese stocks for the long term, according to Kyle Bass. The "Big Short" investor pointed to the long-running stagnation in Chinese stocks. AdvertisementInvesting in China over the long term is nothing short of a bad idea, according to "Big Short" investor Kyle Bass. The Hayman Capital founder said he's still bearish on China, despite the historic run-up in Chinese stocks after Beijing unveiled a fresh stimulus package. Bass has been bearish on China for years, previously shorting the Chinese yuan before closing his position in 2019.

Persons: Kyle Bass, —, he's, China hasn't, Bass, you'll Organizations: Investors, Service, Hayman Capital, CNBC, Communist Locations: China, Beijing, Hong, Kong, Taiwan, Russia

☆ Stocks to play the China trade until the latest stimulus package kicks in
▼ + stars: | 2024-09-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Until the government's measures pan out, investment strategists are recommending a handful of oversold stocks in China. U.S. hedge fund billionaire David Tepper said Thursday on CNBC's " Squawk Box " that he bought more Chinese stocks after the change in China policy. That hedge fund allocation rose to 7.3% on Tuesday, which saw the largest single day purchases by hedge funds since March 2021, Rubner said. Retail investors account for the majority of trading activity in mainland Chinese stocks, also known as A shares. Mainland Chinese stock exchanges are scheduled to close from Oct. 1 to Oct. 7 for a holiday, which this year commemorates the 75th anniversary of the People's Republic of China.

Persons: Wendy Liu, Rupal Agarwal, Bernstein, David Tepper, Donald Trump, Tepper, Pan Gongsheng, Xi Jinping, Scott Rubner, Goldman Sachs, Rubner, Goldman, China hasn't, Li Dongfang, Li, financials, — CNBC's Michael Bloom Organizations: CSI, JPMorgan, Tal Education, Huawei, People's Bank of China, CNBC, HK Locations: Shanghai, Shenzhen, China, Tsingtao, U.S, Zhejiang, Asia, Hong Kong, Beijing, Mainland, People's Republic of China

☆ China's missile arsenal may soon rival the US. Here are the leading missiles it's stockpiling for a big fight.
▼ + stars: | 2024-09-28 | by ( Lauren Frias | ) www.businessinsider.com time to read: +1 min

China's missile arsenal is rapidly growing and represents a clear threat to the US military. Here are the major missiles in China's arsenal that pose a threat to adversaries near and far. AdvertisementA reminder of China's growing might streaked across much of the Pacific on Wednedsay. While China hasn't revealed the size of its nuclear arsenal, the country's nuclear arsenal is growing faster than any other country. Here are the major known missiles in China's arsenal that the country is stockpiling amid heightened tensions in the Indo-Pacific.

Persons: —, China hasn't Organizations: Beijing's Rocket Force, Service, Force, Pentagon Locations: China

☆ China's economy is going through a 'slow, painful, grinding adjustment,' analyst says
▼ + stars: | 2024-09-16 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +2 min

"So to some extent, the Chinese government has managed to insulate this big adjustment in the housing market from the financial sector and prevent a bigger crisis. So instead, they're going through this sort of slow, painful, grinding adjustment," Wrigley added. Urban jobless rate rose to a six-month high, while year-on-year home prices fell at their fastest pace in nine years. Prasad criticized the Chinese government for being too slow to enforce bolder measures to stimulate the economy. It also requires early action, and we haven't seen either of those from the Chinese government," he said.

Persons: Eswar Prasad, Prasad, Duncan Wrigley, Wrigley Organizations: Cornell University, Everbright Securities, Reuters Locations: SINGAPORE, China

☆ China and Russia are in a bad marriage that the West shouldn't try to break up
▼ + stars: | 2024-06-29 | by ( Michael Peck | ) www.businessinsider.com time to read: +10 min

Already, Russia's military and China's People's Liberation Army have held around 25 joint exercises since 2005, involving ships, aircraft and ground troops. Equally important is that China has become a key enabler of Russia's war in Ukraine. Advertisement"Policymakers and planners should avoid overestimating the state of military cooperation and operational integration that exists between Russia and China," RAND warned. AdvertisementDespite boasting of their military ties, Russia and China don't have much faith in each other's military prowess. In their 2001 friendship treaty, China and Russia did agree to consult with each other should either nation be attacked.

Persons: Mladen Antonov, Russia's, Mark Cozad, Cozad, Hitler, Michael Peck Organizations: Service, Communist, Business, NATO, RAND Corp, Liberation Army, British, RAND, PLA, People's, Army, Russian, Grand Alliance, Western Allies, Central, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Soviet Union, China, Beijing, Moscow, U.S, Russian, Europe, Taiwan, Ukraine, Russia, Britain, South Korea, America, Vietnam, Korea, Syria, West, Central Asia, United States, Forbes

☆ Western countries are lining up to name and shame China for overproduction
▼ + stars: | 2024-05-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Read previewWestern countries are lining up to call out China for its barrage of cheap exports that are flooding the world's markets. "We will continue to monitor the potential negative impacts of overcapacity and will consider taking steps to ensure a level playing field, in line with World Trade Organization (WTO) principles." China pushes back on criticism, industrial profits rose in AprilBeijing has consistently resisted the West's criticism that it is dumping cheap goods on the world market. Chinese authorities say the West's accusations are protectionist and aimed at containing China's economic growth. In April, profits at China's industrial companies rose 4% from a year ago, reversing a drop in March, according to official statistics released on Monday.

Persons: —, Janet Yellen, Olaf Scholz, Bruno Le Maire, Yu Weining, Joe Biden, Biden, Josh Lipsky, Lipsky Organizations: Service, Business, EU, Bloomberg, World Trade Organization, China's Commerce Ministry, European Commission, International Monetary Fund Locations: China, France, Stresa, Italy, Beijing, United States

☆ A US ally is forging ties with China's air force but probably won't get its J-20 stealth fighter
▼ + stars: | 2024-05-08 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

The UAE is boosting ties with China's air force. Major General Saleh Mohammed bin Mejren Al Ameri, commander of the UAE's Joint Operations, met with the commander of China's People's Liberation Army Air Force on April 23 to promote closer air force cooperation. Another even speculated Abu Dhabi may eventually seek China's premier stealth fighter: the fifth-generation J-20 Mighty Dragon. I don't see this relationship developing into something similar to what the UAE Air Force has with France or even Russia anytime soon." Furthermore, the Emirati air force fighter fleet is already large for such a small country, making it unlikely the L-15s will serve any combat role.

Persons: —, General Saleh Mohammed bin Mejren Al Ameri, China's, Abu Dhabi, Abu, Abu Dhabi's, Ahmed Aboudouh, Aboudouh, Washington's hesitance, Fred Tanneau, Sebastien Roblin, Roblin, haven't, Russia's Su, Robin Organizations: Service, United, Liberation Army Air Force, Dassault Rafales, Chatham House, China Studies Unit, Emirates Policy Center, Rafale, Dassault Aviation, UAE Air Force, UAE, China hasn't, FC, Korea's KF, UAE . The Emirates, KF Locations: UAE, Washington, Beijing, United Arab Emirates, China, United States, Abu Dhabi, UAE's, France, Abu, Russia, Saudi, Pakistan, Ukraine

☆ China's economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official
▼ + stars: | 2024-02-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewChina is taking steps to support its economy and stock markets, but there are limits to what can be achieved, said economist Eswar Prasad. Stock markets in China and Hong Kong have accelerated losses into 2024 after shedding trillions of dollars since 2021. "The likelihood of the prediction that China's GDP will one day overtake that of the US is declining," Prasad added to Nikkei. This is because Trump is likely to ratchet up trade protectionism, causing fragmentation in the trade and financial sectors, Prasad told Nikkei.

Persons: —, Eswar Prasad, Prasad, China hasn't, Trump, Prasad doesn't, Donald Trump Organizations: Service, Cornell University, International Monetary Fund, Nikkei, Business, Stock, Reuters Locations: China, Hong Kong, Beijing, Asia

☆ Taiwan says China is still sending balloons to the island, which it calls an act of 'cognitive warfare'
▼ + stars: | 2024-01-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Read previewChina isn't letting up on its deluge of balloons on Taiwan, sending over another six high-altitude balloons on Sunday, according to the island's defense ministry. But Taiwan said on January 6 that China is using the balloons in a campaign of harassment. Tensions between Taiwan and China are growing as William Lai Ching-te was elected president of the island on January 13. Lai's party, the Democratic Progressive Party, has long campaigned on resisting China and preparing for the threat of war. AdvertisementChina's foreign ministry did not immediately respond to a request for comment from BI.

Persons: —, China hasn't, Axios, it's, William Lai Ching, te Organizations: Service, Business, Taiwanese Defense Ministry, People's Liberation Army, Pentagon, Democratic Progressive Party Locations: China, Taiwan, Pingtung City, Taipei, Washington, Beijing, South Carolina

☆ Here's why the U.S. stock market and economy don't need or even miss China
▼ + stars: | 2023-11-26 | by ( Jim Cramer | ) www.cnbc.com time to read: +16 min

Yet, the Fed chief was roundly criticized for avoiding tightening because the economy wouldn't slow down; nor would inflation. The country adopted a strict Covid policy that prevailed through 2022 causing its GDP to fall to 3% way below the Chinese government's 5.5% target. Meanwhile, Chinese President Xi Jinping acted as if nothing had weakened and only strengthened his hold on lifetime power. The S&P 500 advanced 14% over the next two years, but China's market sank nearly 1.5% during the same period. Meanwhile, Chinese President Xi Jinping acted as if nothing had weakened and only strengthened his hold on lifetime power.

Persons: Jerome Powell, couldn't, Powell, Donald Trump, Joe Biden, Nancy Pelosi, Pelosi, Biden, Xi Jinping, Xi, It's, China hasn't, Trump, Jim Cramer's, Jim Cramer, Jim, Tasos Katopodis, Brendan Smialowski Organizations: Federal Reserve, Fed, Initiative, Taiwan Semiconductor Manufacturing Company, Nike, Apple, Starbucks, Trump, Nvidia, United Auto Workers, UAW, Pfizer, CNBC, Federal, Financial, Treasury Department, Capitol, Reuters, Economic Cooperation, Afp, Getty Locations: U.S, China, United States, Taiwan, San Francisco, Mexico, Washington , U.S, Asia

☆ Here's why investors shouldn’t sell on the typical hate-Apple-trade headlines
▼ + stars: | 2023-10-31 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

Investors should not jump to offload Apple (AAPL) shares because of a handful of cautious reports ahead of this week's quarterly results. Jim Cramer points out that this has been happening since the first iPhone was released in 2007 and even before that. Even in high-conviction stocks like Apple, we do the homework to constantly test our investment thesis against new developments. "It's a classic negative piece on the company that crystalizes the 'hate Apple trade' that's been going on," Cramer wrote in his Top 10 Things to Watch Tuesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Jim's, that's, Cramer, there's, Apple, China hasn't, Needham, Jim Cramer's, Jim, Tim Cook, Loren Elliott Organizations: Apple, Wall Street, Google, Justice Department, IDC, Street Journal, U.S, MacBook, CNBC Locations: China, India, Cupertino , California

☆ China and India are so far into frenemy zone that they may never join forces to topple the dollar
▼ + stars: | 2023-10-03 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

The economist who coined the "BRIC" acronym said the currency idea seemed "crazy." The bloc is helmed by the major emerging nations of Brazil, Russia, India, China, and South Africa. It also appears that it's just Russia and Brazil that have really pushed for a BRICS common currency. But even if a BRICS currency comes to pass, its use could be limited. AdvertisementAdvertisementPrakash said a BRICS currency would be used in "very narrow and vertical settings, or for BRICS projects."

Persons: —, Washington, Joseph Sullivan —, There's, Jim O'Neill, Goldman Sachs, O'Neill, Xi Jinping, Narendra Modi, Xi, didn't, Li Qiang, Liu Pengyu, Modi, Liu, there's, Abishur Prakash, it's, China hasn't, Palit, Prakash Organizations: Service, White House, Indian, Monetary Fund, China's, UN, China, Institute of South Asian Studies, National University of Singapore, Affairs Ministry Locations: China, India, Russia, Ukraine, Brazil, South Africa, Europe, Africa, Beijing, New Delhi, Johannesburg, China's Washington, DC, BRICS

☆ India is a rising force in Southeast Asia as region seeks to counter China's dominance
▼ + stars: | 2023-08-14 | by ( Sumathi Bala | ) www.cnbc.com time to read: +8 min

(Photo credit RAVEENDRAN/AFP via Getty Images) Raveendran | Afp | Getty ImagesIndia is taking major strides to expand its influence in Southeast Asia, a move that will allow countries to counter China's dominance in the region. "India certainly is becoming more ambitious in Southeast Asia. "This is particularly salient to the maritime sphere, namely the South China Sea, where overlapping sovereignty disputes threaten regional stability and openness," he added. "It continues to maintain a very independent streak in its foreign policy, which suits a large number of Southeast Asian countries." While China remained the most influential and strategic power in Southeast Asia, its standing has diminished, the Southeast Asia survey from February showed.

Persons: Pant, Subrahmanyam Jaishankar, Narendra Modi's, Satoru Nagao, Nagao, Derek Grossman, Modi, Xi Jinping, Ted Aljibe, Enrique Manalo, Rand's Grossman, Joanne Lin, Lin, ISEAS's Lin Organizations: Indian, Getty, Afp, Observer Research Foundation, CNBC, Southeast, Hudson Institute, Vietnam Air Force, Rand Corporation, TED ALJIBE, Initiative, ASEAN Studies, Yusof Ishak Institute, Observers, Pant Observer Research, China -, Wilson Center, ASEAN Wonk, U.S, ASEAN Studies Centre, Yusof, Ukraine, U.S ., New Delhi's Observer Research Foundation Locations: New Delhi, AFP, Southeast Asia, India, China, Beijing, Vietnam, Tokyo, China —, Manila, Philippine, Delhi, The Hague, Philippines, Malaysia, Brunei, ISEAS, Singapore, Asia, Europe, China - U.S, U.S, New

☆ U.S.-China tech battle entering its 'primetime' — and generative A.I. could be the next frontier
▼ + stars: | 2023-06-23 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

AI, which is seen as a critical technology by both nations, will likely be dragged into the battle between the two sides. Washington's attention is now likely to turn to generative AI. Generative AI relates to applications such as ChatGPT which are able to generate content when prompted by users. Generative AI is based on so-called large language models, meaning it is trained on huge amount of language in order to be able to understand and respond to prompts from users. China's generative A.I.

Persons: Xi Jinping, Antony Blinken, Leah Millis, Abishur Prakash, Donald Trump, Paul Triolo, Albright Stonebridge, Biden, Triolo, China hasn't, Blinken, China's Xi Organizations: U.S, AFP, CNBC, Chips, Science, Nvidia, Microsoft, Baidu, Alibaba, Washington, Micron Locations: U.S, China, Washington, Toronto, Beijing

☆ China doesn't really care who wins the war in Ukraine — it just wants to win the peace, analysts say
▼ + stars: | 2023-05-15 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

There's little doubt that China wants the war between Russia and Ukraine to end, and soon. Political analysts and China watchers note that, ultimately, Beijing doesn't really care who "wins" the war — or what form a peace deal takes. Ukraine's President Volodymyr Zelenskyy speaks with Chinese President Xi Jinping via phone line, in Kyiv on April 26, 2023. Russian President Vladimir Putin and China's President Xi Jinping shake hands during a signing ceremony following their talks at the Kremlin in Moscow on March 21, 2023. Any peace will be hard-wonNo-one is underestimating the challenges any would-be peace broker has before them.

☆ A 'huge pivot' in China is fueling the emerging markets boom, says Jan van Eck
▼ + stars: | 2023-02-06 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

They're emphasizing growth right now," van Eck said at the Exchange ETF conference in Miami. The iShares MSCI China ETF (MCHI) had a total return of more than 10% this year, through Feb. 3. MCHI YTD mountain This popular China ETF is outperforming in 2023. Van Eck pointed to the outsized growth of major U.S. tech firms as a key reason for that outperformance, but said that era appears to be over. "We've got a decade where you're really taking a risk if you're under invested overseas," van Eck said.

☆ China's people are protesting the country's severe zero-COVID policies, and public-health experts agree with them
▼ + stars: | 2022-11-29 | by ( Morgan Mcfall-Johnsen | Paola Rosa-Aquino | ) www.businessinsider.com time to read: +7 min

Protests are erupting across China over the country's restrictive zero-COVID policies. Public-health experts say the policies are unsustainable, ineffective, and unnecessarily severe. Without vaccination campaigns targeting older adults, China's lockdowns may only delay a catastrophic COVID wave. Tyrone Siu/ReutersThere is no easy way forward for China, but constant 2020-style lockdowns are not the solution, according to public-health experts, who called the policies unsustainable, ineffective, and irrational. As a result, Huang thinks the zero-COVID lockdowns are completely unwarranted.

☆ It'll be difficult for Europe to attract LNG if China's energy demand rebounds, economist
▼ + stars: | 2022-11-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt'll be difficult for Europe to attract LNG if China's energy demand rebounds, economistReinhard Cluse, chief eurozone economist at UBS Investment Bank, says China hasn't been consuming as much energy as it used to, which has allowed Europe to direct global LNG glows from Asia toward Europe.

☆ China is using civilian ships to enhance navy capability and reach
▼ + stars: | 2022-09-26 | by ( ) www.cnbc.com time to read: +8 min

Aerial view of fishing boats setting sail to South China Sea for fishing on August 16, 2022 in Yangjiang, Guangdong Province of China. Hundreds of fishing boats anchored for months at a time among disputed islands in the South China Sea. The civilian vessels do more than just augment the raw numbers of ships, performing tasks that would be difficult for the military to carry out. "Because they are ostensibly civilian fishing vessels, navies' ships are unable to deal with them lest China accuse the Philippines of provoking an incident and using force against civilians," he said. In the event of a conflict, China's use of civilian vessels would complicate the rules of engagement, he said.

☆ China is depleting its oil stockpiles in a potential sign Beijing is looking to boost the economy with a surge in fuel exports
▼ + stars: | 2022-09-21 | by ( Brian Evans | ) www.businessinsider.com time to read: +1 min

Roughly 1 million barrels per day have left Chinese oil inventories in the last three weeks, according to Vortexa data cited by Bloomberg. Inventories hit 909 million barrels as of September 15, the lowest since May. Both oil refiners and traders in China have applied for an additional 15 million tons of export quotas. Roughly 1 million barrels per day have left Chinese stockpiles in the last three weeks, according to data from Vortexa cited by Bloomberg. Both oil refiners and traders in China have applied for an additional 15 million tons of export quotas.

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