Wootton Bassett a Star at Arqana Deauville
The first Australian bred yearlings by Wootton Bassett will be offered here in 2024 and at the Arqana Deauville Yearling Sale this week he was the leading sire by aggregate…
Western Media is Exaggerating the Economic Issues in China $BABA $JD $BIDU $NTES $BYD $QQQ
The Chinese economy is facing some challenges, but Western media is exaggerating the severity of these problems. A recent article in the Financial Times, for example, claimed that China is…
Services Sector Booming in China $BABA $JD $BIDU $NTES $BYD
Despite a complex and severe external environment, China's service trade has sustained rapid growth with resilience, emerging as a highlight of high-standard opening up endeavors. The total value of China's…
Fitch downgraded Hawaiian Electric Industries $HE
Fitch downgraded Hawaiian Electric Industries' credit rating to junk status on Monday, citing the company's potential liability for the Maui wildfires. The downgrade means that Hawaiian Electric is now considered…
BRICS is About to Change the World $USD $CNY $THB $BTC $GLD
The upcoming 2023 BRICS summit logo features a sun that beams light in five colors: green, blue, orange, red and yellow, representing the current five members of the group. This…
Bitcoin and the Digital Renaissance
In the landscape of technological advancement, Bitcoin has emerged as a transformative force with the potential to spark a digital renaissance. The decentralized financial network and digital currency offers more…
Robots Might be China’s Next Big Export
Humanoid robots with the appearance of Chinese Tang Dynasty (618-907) poets Li Bai and Du Fu have been a hit at the ongoing 2023 World Robot Conference (WRC). "Their body…
China Stimulus Update $BABA $JD $BIDU $NTES $BYD
China's service outsourcing industry saw steady expansion in the first seven months of this year, according to the Ministry of Commerce. Chinese firms undertook service outsourcing contracts worth 1.26 trillion…
China and Thailand Move Closer
Chinese Foreign Minister Wang Yi on Saturday met with the visiting Thai Deputy Prime Minister and Foreign Minister Don Pramudwinai in Beijing. Noting that the development of bilateral relations will…
BRICS leaders meet in Johannesburg to widen bloc’s influence
Leaders of the BRICS emerging economies, which together account for about a quarter of the world's wealth, are meeting in Johannesburg this week to discuss ways to widen the bloc's…