Category: T1
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China to Shrink US Treasury Holdings
As part of China’s increased efforts to diversify its foreign exchange reserves, due to the global liquidity and safety risks, the country may keep cutting [more…]
Huawei Overtakes Apple in China
According to a Jefferies study on Monday, Huawei’s smartphones are becoming more popular in China and have surpassed Apple’s iPhone to capture the top spot [more…]
BRI is Celebrating its 10th Anniversary
On Tuesday, Chinese President Xi Jinping met with international leaders attending the third Belt and Road Forum (BRF) in Beijing. The forum, which is anticipated [more…]
New Stock Stabilization Fund Considered by China
According to a Thursday report by Bloomberg News, China is considering setting up a state-backed stabilisation fund to support investor confidence in its equity markets. [more…]
Saudi Arabia and Russia Display Solidarity in the Oil Market
The top energy officials of the OPEC+ leaders told Rossiya 24 that market uncertainties must be closely monitored, saying that the global oil situation is [more…]