PODCAST: Ping An Trust Misses a Payment, and SAIC Sells Down Its India Venture
Ping An Trust has missed a $100 million payment on a wealth management product tied to Zhenro, a property developer. Does this show the woes afflicting China's trust industry are creeping up the food chain to top-tier names like Ping An? And leading automaker SAIC has sold 51% of its India venture to local partners for $624 million. Is this purely a commercial move, or is it also motivated by concerns about recent China-India tensions?
CHINA BULLETIN: China Economy Off to Strong Start in 2024
In this week’s issue GDP booms, WhatsApp gets the boot and a liquor bubble pops. On a scale of 1 to 100, we give the week a 50 for offshore-listed…
PODCAST: A Fitch Downgrade, and New Steps to Bring Back Global Tourists
Fitch has lowered its outlook on China's sovereign rating to "negative," citing economic uncertainty. What does this mean for investors, and what's the likelihood of an actual ratings downgrade? And China has ordered all hotels rated three stars or higher to accept foreign credit cards. Will this help to bring back foreign travelers after three years of Covid isolation?
CHINA BULLETIN: Weak Inflation, Producer Price Data Hint at Flagging Rebound
In this week’s issue a China downgrade, zooming car exports, and more hotels roll out the welcome mat for foreigners. On a scale of 1 to 100, we give the…
PODCAST: China EVs Under Attack, and Alibaba’s Sputtering Split-up
China accuses US of unfair EV subsidies at the WTO. Will the US fight back with a counter claim against Chinese EVs? And Alibaba cancels an IPO for its Cainiao logistics unit. Is its bigger plan to break up the company falling apart?
CHINA BULLETIN: China-U.S. Rapprochement Continues with Xi-Biden Call, Yellen Visit
In this week’s issue Xi and Biden talk, car loans get easier and a major EV listing restarts. On a scale of 1 to 100, we give the week a…
PODCAST: Relaxing Data Requirements, and a Big Dividend
China exempts most foreign firms from worrisome data requirements. But will it change its mind later? And a leading fintech lender offers a massive dividend. But shareholders worry more about its rapidly shrinking size.
CHINA BULLETIN: China Eases Up on Cross-Border Data Requirements
In this week’s issue data relief for foreigners, Holland in the hot seat and a cloak-and-dagger poisoning case draws to a close. On a scale of 1 to 100, we…
PODCAST: Japanese Auto Cuts, and a Drugmaker’s Fall
By Doug Young & Rene Vanguestaine Nissan and Honda weigh major cuts of up to 30% in their China car production. What's driving the trend, and is it likely to…
CHINA BULLETIN: China Further Extends Its Welcome Mat for Foreign Investors
In this week’s issue banks get creative, a doctor gets probed, and Apple’s Tim Cook can’t get enough of China. On a scale of 1 to 100, we give the…
PODCAST: A China Bull Market, and Bottled Water Under Fire
After two years of suffering, Chinese stocks are showing some new signs of life. But is this fledgling bull market for real? And China's leading bottled water brand, Nongfu, has come under attack from nationalists for its red bottle caps said to look like the Japanese flag. How big a risk are such attacks, and is the problem worsening?
CHINA BULLETIN: Bring on the Equipment Upgrades, Says Beijing
In this week’s issue spying cranes, a TikTok sale and a meaty IPO. On a scale of 1 to 100, we give the week a 60 for offshore-listed China stocks.…