Xi Jinping
Investor Kyle Bass: Globalization isn’t over, just don’t invest in countries run by despots
Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing in countries that aren’t democracies, Texas hedge fund manager Kyle Bass said on CNBC on Thursday, “You don’t have to paint it with that broad of a brush,” the founder […]
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Xi’s gamble on Putin may be the most dangerous and short-sighted of his nine years in power
It becomes clearer every day that Chinese President Xi Jinping’s decision to double-down on his “no limits” strategic bromance with Russian President Vladimir Putin, just days before the Russian dictator launched his war in Ukraine, marks the most dangerous and short-sighted gamble of his nine years in power. If Europe’s bloodiest conflict since World War II […]
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Black box found from Boeing passenger jet that crashed in China, state media says
Paramilitary police officers conduct a search at the site of a China Eastern Airlines plane crash in March 2022 in Tengxian county, Wuzhou city, in China’s southern Guangxi region. AFP | Getty Images BEIJING — One of the two black boxes containing data from Monday’s China Eastern Airlines plane crash has been found, Chinese state […]
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China crash is ‘unprecedented’ given Boeing 737’s stellar safety record, says aviation analyst
For an aircraft like China Eastern’s Boeing 737-800 to crash in midflight is “simply unprecedented,” said one aviation analyst who cited the plane’s excellent safety record. “Air travel is the safest form of transport. But when we do suffer incidents or accidents, we don’t see anything like what we have seen in China over the […]
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China Boeing 737 plane crash: No reports yet of bodies or survivors
BEIJING — No bodies or survivors have yet been found from the China Eastern Airlines crash as of Tuesday morning, Chinese state media said. The domestic flight on a Boeing 737-800, which was carrying 132 people, nosedived Monday afternoon in the southern region of Guangxi, China’s aviation authority confirmed. The cause of the crash remains […]
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China is managing its Covid outbreak one new local crisis at a time
A worker wearing personal protective equipment disinfects a truck entering JD.com’s logistics park in Shanghai, China, on Wednesday, March 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — As some parts of China reopen, others are imposing new Covid-related restrictions, reflecting the challenge government officials face in controlling the worst outbreak since early […]
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European markets close higher, notch best weekly gain since 2020 amid Russia-Ukraine talks
LONDON — European markets closed higher on Friday, notching their best weekly gain since 2020, as investors tracked negotiations between Russia and Ukraine and digested a big week of central bank decisions. The pan-European Stoxx 600 provisionally ended 0.7% higher, with most sectors in positive territory and major bourses pointing in opposite directions. The index […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop as S&P 500 still tracks for best week since November 2020 Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures dropped Friday as the S&P 500 […]
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Here’s what Chinese state media is saying ahead of Xi’s call with Biden
Chess pieces are seen in front of displayed China’s and U.S. flags in this illustration taken January 25, 2022. Dado Ruvic | Reuters BEIJING — While Chinese state media have tacked away from primarily pro-Russian coverage of the war in Ukraine, one of the consistent messages remains: Blame the U.S. Chinese President Xi Jinping and […]
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Hong Kong’s Hang Seng falls more than 2% as volatile week continues; Biden and Xi set to speak
SINGAPORE — Shares in Asia-Pacific were mixed in Friday morning trade as the Bank of Japan held steady on monetary policy. Hong Kong’s Hang Seng index dropped 2.55% in morning trade as shares of Chinese tech titan Tencent slipped more than 4%. The benchmark index has had a volatile week so far, seeing big losses […]
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