Tim Walz revises number of times he went to China

Minnesota Gov. Tim Walz, Vice President Kamala Harris' running mate, said he has traveled far less to China than he initially emphasized in congressional hearings and media interviews. “I've been to China dozens of times,” Walz said during a 2016 Congressional hearing. “I've been there about 30 times,” Walz told an agriculture-focused publication that year. […]

Morgan Stanley names China stocks set to benefit from a ‘sustained rally’ – CNBC

Morgan Stanley says Chinese stocks could move beyond short-term gains and enjoy a more “sustained rally” in the next phase, riding the wave of stimulus and signals announced last week. There is. Morgan Stanley analysts said in a Sept. 29 note that “last week's policy shift…was driven by strong monetary easing and unprecedented measures aimed […]

Yen steadies, dollar slips as China reaches for stimulus By Reuters – Investing.com

Written by Tom Westbrook SINGAPORE (Reuters) – A sharp rise in the yen stabilized on Monday as Japan's next prime minister suggested monetary policy should remain accommodative, but the dollar remained buoyed by investors' hopes for an improvement in China's economy. The currencies of resource-rich countries fell. Japan's yen soared on Friday after Shigeru Ishiba, […]

Stocks to play the China trade until the latest stimulus package kicks in – CNBC

As China's stock market soared after the government announced the outline of its economic stimulus package, hedge funds and strategists suddenly turned to what would have been considered one of the most contrarian trades of recent times. The CSI 300, a stock index traded in Shanghai and Shenzhen, rose more than 15% last week, its […]

Hang Seng Index Up 13%, Mainland Stocks Surge as China Implements Stimulus – FX Empire

Importantly, investors viewed this policy move as positive for China's real estate market. The Hang Seng Mainland Property Index (HMPI) rose 30.64% in the week ended September 27. Notable stock gains across the real estate sector include Longfor Group Holdings (0960) (+56.44%) and Simao Group Holdings (0813). (+69.81%), Agile Group Holdings, Inc. (3383) (+46.51%). The […]

China Defends Its Supply Chain Monopoly After Getting Linked to Lebanon Electronics Blast

One of China's top diplomats on Thursday opposed “attempts to weaponize and/or politicize supply chains” against the backdrop of hundreds of mysterious explosions targeting Hezbollah terrorists in Lebanon this month. He encouraged the world to do so. Officials in the country confirmed that the explosions were caused by pagers, walkie-talkies, mobile phones, solar panels and […]

Sewage Eruption In China Leads To 30-Foot High Poop Volcano In Viral Video

A sewage eruption in China spewed human feces more than 30 feet into the air, and the whole thing was caught on camera. Video showed poop gushing out from a burst pipe on a section of road under construction on Tuesday morning. Shocking footage of the eruption showed poop being launched high into the air…and […]