The Chinese economy appears to be on the road to recovery. China’s official GDP figures released Wednesday night showed that its economy grew 3.2% in the second quarter from a year earlier, recovering from a 6.8% contraction in the first quarter. Chinese stocks are also taking off. Large-cap names in …
Read More »Chinese tech giant Tencent launches new online shopping feature on WeChat app
A smartphone with WeChat and other social media app icons seen on display on June 29, 2018 in Hong Kong, Hong Kong. S3studio | Getty Images News | fake pictures Tencent has launched tools to help merchants build virtual stores on its popular WeChat messaging service in China, taking on …
Read More »Why India cannot withdraw from China, despite geopolitical tensions
A person holds a sign calling for a boycott of Chinese mobile apps during a protest on June 30, 2020 in New Delhi, India. Vipin Kumar | Hindustan Times | fake pictures A border clash with China in the Himalayas left 20 Indian soldiers dead and soured public sentiment, and …
Read More »JP Morgan Launches Two Working Capital ETFs: What You Need To Know
Active management returns to action. JP Morgan Asset Management recently launched two new actively managed exchange-traded funds, a sign that issuers are looking to take advantage of more out-of-the-box strategies as the market faces unprecedented volatility. Launched on May 21, the JPMorgan Equity Premium Income (JEPI) ETF and the JPMorgan …
Read More »“There’s no point” excluding Chinese companies from US stock markets, says PIIE
Flags of the USA and China along Pennsylvania Avenue in Washington, DC on January 17, 2011. Andrew Harrer | Bloomberg | fake pictures The exclusion of Chinese companies from the US stock exchanges is “a futile push” that will not deny these companies access to US capital markets or harm …
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