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06.03.26 - 21:30
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Did Trump Force China′s Hand? Beijing Nears 500-Jet Boeing Deal Ahead Of Xi Summit (ZeroHedge)
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Did Trump Force China's Hand? Beijing Nears 500-Jet Boeing Deal Ahead Of Xi Summit
Boeing shares moved higher in late-afternoon trading in New York after Bloomberg News reported that the planemaker may be nearing one of the largest sales in its history, potentially to be unveiled during President Trump's trip to China later this month.
People familiar with the potential Boeing-China jet deal said it could be announced during President Trump's trip to Beijing from March 31 to April 2. They said the deal includes a 500-plane order for 737 Max jets, with additional talks covering approximately 100 widebody aircraft, including 787 Dreamliners and 777Xs.
Boeing aircraft have long been at the center of US-China trade talks, as well as tit-for-tat trade disputes. If the deal materializes, it would mark one of Boeing's biggest sales ever and end years of a Chinese jet sales drought.
Bloomberg offered a caveat:
There's a chance that the talks could reach an impasse and a deal not be completed, the...
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06.03.26 - 14:42
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China′s Zhejiang, Guangdong provinces vie to heed Xi Jinping′s call for innovation (SCMP)
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China's most powerful economic regions – the Yangtze River Delta and the Greater Bay Area – are racing to meet President Xi Jinping's call for breakthroughs in core technologies including artificial intelligence, as Beijing maps out priorities for the coming 15th five-year plan during the “two sessions”.
As part of the annual meeting on Friday, provincial and municipal leaders of Zhejiang province outlined an ambitious strategy to become a key area of AI development and cement the province's......
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06.03.26 - 14:06
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China pledges full support for tech sector with broad range of new policies (SCMP)
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China has outlined a basket of measures to support its technology sector, from creating a more flexible and inclusive fundraising ecosystem to boosting demand for hi-tech products.
During a high-profile press conference in Beijing, the country's top economic officials laid out plans to deepen reforms to ChiNext – China's board for start-ups – and make it easier and quicker for companies to refinance.
“Technological innovation requires high investment, long cycles, and carries significant risks,”......
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06.03.26 - 13:48
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First A China-Linked Ship, Now A US-Sanctioned Gas Tanker Transits Hormuz Chokepoint (ZeroHedge)
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First A China-Linked Ship, Now A US-Sanctioned Gas Tanker Transits Hormuz Chokepoint
A US-sanctioned tanker carrying Iranian LPG, the Danuta I, transited the Strait of Hormuz on Friday without incident, shortly after a China-linked bulk carrier also exited the world's most critical energy chokepoint, suggesting IRGC forces may, for now, be allowing Iranian- and Chinese-linked vessels to pass. That said, the strait remains paralyzed for broader commercial traffic, risking energy shocks across Asia that, if prolonged, could spill over into financial markets.
Bloomberg reports the very large gas carrier, sailing under the flag of Palau, transited the strait in the early hours of Friday morning local time without incident. The ship picked up cargo from within the Persian Gulf, which Bloomberg journalists said was "seen from a draft increase."
"The Strait of Hormuz is currently too risky for legitimate shipowners to cross from a commercial standpoint as well as for safety of crew, w...
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06.03.26 - 12:01
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′Haben Bedenken gehört′: China reagiert auf Kritik am Handel (DPA-AFX)
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PEKING (dpa-AFX) - Nach Kritik über Chinas Rekord-Handelsüberschuss hat Peking angekündigt, Exporte und Importe besser koordinieren zu wollen. "Der Handelsüberschuss belief sich im vergangenen Jahr auf fast 1,2 Billionen US-Dollar, und wir haben die Bedenken ......
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06.03.26 - 12:00
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China′s securities regulator vows tougher oversight to shore up stock-market confidence (SCMP)
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China's top securities regulator outlined a plan on Friday to strengthen corporate governance, boost investor returns and cultivate globally competitive companies, as Beijing seeks to reinforce confidence in the country's capital markets.
“On the basis of continuously strengthening the authenticity of listed companies, we will further enhance their investability,” said Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), at a press conference on the sidelines of China's annual......
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