Page 2 - Sofia Horta News Today

China’s zero-Covid policy will lead to an “extended period of sub-par growth” as constant lockdowns constrict its economy.

Beijing prodding may have reversed much of the week’s equities market pain, though I doubt positive sentiment will return anytime soon. Click here to read a weekly update.

A growing list of risks is turning China into a potential quagmire for global investors. The central question is what could happen in a country willing to go to great lengths to achieve its leader’s goals. Chinese President Xi Jinping’s (習近平) friendship with Russian President Vladimir Putin has made investors more distrustful of China, while a strongman narrative is gaining momentum as the Chinese Communist Party doggedly pursues a “zero COVID-19” strategy and unpredictable campaig...

Chinese President Xi Jinping’s (習近平) efforts to regain the trust of international investors face serious hurdles. Xi’s government showed little regard for the same investors last year, when it unleashed a series of crackdowns on the nation’s most profitable companies, in a bid to curb “disorderly capital” and ensure the firms did not become more powerful than the Chinese Communist Party. The result was confusion and punishing losses for shareholders. Regulators have yet to follow...

Gold prices headed for the lowest weekly close in 3 on Friday as global stock markets fell amid news that China may risk US and EU sanctions by selling arms to Russia

Stockmarkets bounced yesterday after the Fed raised interest rates and hopes of peace in Ukraine rose. But more relevant was what happened in China. John Stepek explains why.

Investor confidence in Hong Kong is dwindling as the government loses its grip on an escalating outbreak of the Omicron variant of SARS-CoV-2. Bearish bets against Hong Kong’s shares have climbed to records and the benchmark Hang Seng Index is near a two-year low. Residents are converting the local currency into China’s yuan at the fastest pace in more than a decade, while the Hong Kong dollar is moving toward the weak end of its trading band against the greenback. Even the territory’s t...

Chinese stockmarkets had a terrible 2021, but with China's central bank easing monetary policy, 2022 could be much better.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Financial turmoil risks overshadowing the Winter Olympics — already the target of a US-led diplomatic boycott — and impending leadership reshuffle