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China's tech decline sparks national innovation shift - BizNews
网页2 天之前 · Despite a severe government crackdown that shrunk China’s tech sector, Beijing’s innovation ambitions remain strong. While Western observers view the decline of companies like Alibaba and Tencent as a loss, China’s focus has shifted towards national security and global dominance in areas like AI, electric vehicles, and green industries.
Chinese stocks on track for best week since '08 after ... - BizNews
网页2024年9月27日 · Chinese equities surged this week following Beijing’s announcement of a $114 billion stimulus package to support capital markets. The CSI 300 index gained nearly 15%, marking its best weekly performance since 2008. The People’s Bank of China unveiled an Rmb800bn ($114bn) lending pool, sparking a ...
China unveils major stimulus package to revive slowing economy
网页2024年9月24日 · Details of Pan’s Package: The seven-day reverse repurchase rate will be lowered to 1.5% from 1.7%RRR lowered by 0.5 percentage points, unleashing 1 trillion yuan in liquidityPBOC didn’t specify when RRR cut takes effectMLF expected to be cut by 0.3 percentage pointsMinimum down-payment ratio cut to 15% for second-home buyers, from 25%China may cut the RRR further this year by another 0.25 ...
What Xi wants, the state gets – With insights from The ... - BizNews
网页2021年9月23日 · Yet China’s increasingly unstable business environment looks likely to leave these financiers looking foolish or reckless. Beijing’s crackdown on private businesses has wiped out hundreds of billions of dollars in market value in the past two months.
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网页2024年9月26日 · Follow Daily Business, Financial & Investment Updates Online. A site dedicated to the South African world perspective. See the leading articles here.
Capitec; BHI; GNU; Chinese business threat; Luxury gyms. - BizNews
网页2 天之前 · In this episode of the BizNews Briefing, Capitec CEO Gerrie Fourie shares some of the group’s secret sauce (another stonking set of numbers released today); Magnus Heystek on a 30-year ban for the duo who owned large brokerage Local & Global, facilitators of the BHI ponzi; the FT on how improving Chinese manufacturers threaten everyone else; rising star of political analysis Makone Maja on ...
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网页2024年9月27日 · Katzenellenbogen: SA declares neutrality; China… 🔒 John Matisonn: Tshwane mayor vote brings day of… Breakthrough on Starlink could open up Musk’s…
China stocks may rally 20% on a full reopening - BizNews
网页2022年11月7日 · ___STEADY_PAYWALL___ By John Cheng (Bloomberg) — Strategists at Goldman Sachs Group Inc. say a complete China reopening will drive a 20% gain in Chinese equities, citing signs that the government may be starting to prepare for a relaxation of its Covid-Zero policy after a key leadership summit.
BizNews Briefing – Wilgenhof; Cyril + Elon; SAB lives in Coors ...
网页2024年9月25日 · This episode of the BizNews Briefing covers the major news events of the moment, moving from the impact of the Chinese stimulus package to surging SA commodity shares and continuing tensions over Stellenbosch University Council’s decision to close the historic Wilgenhof residence. It is hosted by ...