BEIJING—The Chinese communist regime devoted the week to a red carpet welcome for foreign executives to try to halt a retreat in corporate investment from China. But many executives leave China with a shared caution: while things may not be getting worse, the risks of an expansion in China still outweigh the rewards, they say. […]
One of Goldman Sachs’s chief investment officers said one should not invest in China right now. Her list of reasons includes China’s slowing economy over the next 10 years, policy uncertainty, plus weakened pillars of economic growth. Here’s a breakdown.
Investors of all kinds are losing confidence in China, as it has slipped into the “alternative investment” category. Recent data reveals that investors are pulling their money out of the world’s second-largest economy. Exposure to Chinese stocks in December 2023 was down, as many investors now see Chinese stocks and bonds as non-correlated—meaning a risker […]
Chicago Mayor Brandon Johnson has urged the Biden administration to take further steps to address the ongoing immigration crisis affecting the sanctuary city, arguing that the current influx is unsustainable without “significant federal support.” The progressive Democrat appeared on CNN on Dec. 27 where he touted his office’s work in responding to what he called […]
‘The Chinese Communist Party owns everything,’ according to American investment firm founder Art Ally. But what’s the real extent of the CCP’s infiltration in America and why is it crucial for other financial leaders to do the same and stop investing in Beijing-controlled entities? Joining us now is Art Ally, the founder and president of […]
OMAHA, Neb.—Warren Buffett’s company unloaded a number of the smaller investments from its portfolio in the third quarter including General Motors, Mondelez, and Johnson & Johnson. Berkshire Hathaway filed a quarterly update on its $313 billion portfolio with the Securities and Exchange Commission late Tuesday. But the story of this quarter might be what’s not […]
Germany is giving the green light of support for Taiwan’s top semiconductor maker. The country’s top competition regulator just approved investments from three German companies in a new semiconductor plant based in the German city of Dresden. The project has been dubbed the European Semiconductor Manufacturing Company—or ESMC—founded by Taiwanese chip maker TSMC. Bosch, Infineon, […]
World’s largest money manager BlackRock is shutting a China-focused offshore fund amid congressional scrutiny over its alleged role in directing U.S. dollars to blacklisted Chinese firms. In a recent letter to shareholders, BlackRock Global Funds’ chairwoman Denise Voss said they will close the China Flexible Equity Fund over a “lack of shareholder interest” and the […]
NTD shared some common signs of an investment scam, such as e-mails or text messages telling you of an investment that will sound quick, easy, and low or no risk. The scams often involve real estate, cryptocurrency, financial coaching, or gold investments and typically include words like “proven” and “guaranteed.”
The new CPI report was released Thursday, and for the first time in over a year, inflation ticked up on an annual basis. Headline inflation rose 3.2 percent in the year ending July. Prices rose 0.2 percent on a monthly basis, driven by shelter costs, which accounted for 90 percent of the increase Despite the […]
LinkedIn is bidding farewell to China after discontinuing its China App: In-Career. But what led to this decision? Prosecutors said the mother of a U.S. sailor told her son, “You will get a job in the Chinese government one day,” to encourage him to deliver military secrets to China. Now he is facing multiple federal charges […]
Investors are fleeing China. That seems to be the trend as Beijing struggles with economic woes. Foreign direct investment in China is now one-fifth of what it was last year. China saw a meager $20 billion in direct investment in the first quarter compared to a $100 billion last year, according to research firm Rhodium […]
The Environmental, Social, and Governance movement—also known as ESG—has been facing recent pushback. States like Florida have banned state funds from being used in ESG investments. David Spika, Chief Investment Officer at Guidestone, gives his analysis.
Tesla CEO Elon Musk has signaled interest in making a “significant investment” in the world’s most populous country, India, after meeting with Indian Prime Minister Narendra Modi in New York on Tuesday. Musk told reporters that he had an “excellent conversation” with Modi and suggested that he would bring his electric vehicle manufacturing business to […]
Amid rising tensions between the U.S. and China, a move to watch out for. One of the top investment firms in Silicon Valley is separating its business in China and America. The company, Sequoia Capital, said it would run its Chinese business as an independent entity. Sequoia Capital is known for its early investment in […]
Canada’s second-largest pension fund, Caisse de dépôt et placement du Québec (CDPQ), has stopped making private deals in China. It’s also set to close its Shanghai office this year, according to the Financial Times. The decision follows a parliamentary hearing on May 8 where several Canadian pensions were asked about their relationship with China, as […]
A new report says $800 billion have been poured into China over four years. NTD spoke to the report’s author, Derek Scissors, for details. He’s also the senior fellow at the American Enterprise Institute and the chief economist of the China Beige Book.
