China

China Replaces US as Largest Producer of Renewable Energy

China's total electric power generation capacity from renewable sources now represents 20.5% of the world's total while the U.S. share is 20%. China is now the world's leading producer of ...
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How THAAD Missile Defense Applies in South Korea: Stats, Costs, Backing, Controversy

When nations are confronted with military threats and when diplomatic solutions are elusive, there are two primary military options. One is to be offensive, by overwhelming your enemy with violence ...
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Tesla Gets Good News on Model 3, Bad News From Hong Kong

The first Tesla Inc. (NASDAQ: TSLA) Model 3 rolled off the production line last Friday and into the hands of CEO Elon Musk. With a base price of $35,000, before ...
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Volvo’s Electric Car Story Is Not Too Compelling

In an announcement from Volvo headquarters in Gothenburg, Sweden, the company said that beginning with the 2019 model year, every new Volvo car will come with an electric engine. That ...
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MSCI Inclusion of Mainland China Means Massive Buying for Top Stocks

For years the debate has raged. When will MSCI add mainland Chinese stocks to its venerable index? That day has finally come, and MSCI, which stands for Morgan Stanley Capital ...
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Shanghai Disneyland Draws 11 Million Visitors in First Year

On the first anniversary of Walt Disney Co.'s (NYSE: DIS) Shanghai Disneyland, company CEO Robert Iger said that the theme park had attracted more than 11 million visitors since its ...
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Global Renewable Energy Investments to Reach $7.4 Trillion Through 2040

Between now and 2040, global spending on new electric power generation is forecast to total $10.2 trillion. Of that total, 72% — $7.4 trillion — will be invested in renewables, with ...
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OECD Forecasts Quickening Global Growth

The Organization for Economic Cooperation and Development (OECD) offered its global outlook on the economy, both worldwide and in major regions. It expects solid growth in most areas and improvement ...
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What China’s Downgrade Really Means for Your Money

When the public hears news that a major nation takes a major credit rating downgrade, it should bring at least some cause for concern. After all, it can imply that ...
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Moody’s China Downgrade Is Not Crushing Chinese Shares and Markets

The biggest economic and financial market story for Wednesday should be that Moody’s has formally downgraded China’s credit rating. Although this downgrade may sound harsh, the new "stable" outlook seems to mean ...
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Moody’s Slashes China Debt Rating

Moody's cut China's debt rating to A1 from Aa3 because of rising national financial obligations and worries that GDP growth rate will slow. It is a blow to the central ...
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China Challenges Boeing, Airbus Wide-Body Market

China's Commercial Aircraft Corp. of China, better known as Comac, and Russia's United Aircraft Corp. (UAC) announced a formal agreement Monday in Shanghai to develop, build and sell a wide-body ...
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ZTO Express Announces $300 Million Buyback Plan

ZTO Express (Cayman) Inc. (NYSE: ZTO) saw its shares make a handy gain to kick off the week after the company announced a new share repurchase program. ZTO plans to ...
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What to Watch For in the Bright Scholar IPO

Bright Scholar Education Holdings has filed an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to go public ...
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Why Alibaba Earnings Seem Weak

Alibaba Group Holding Ltd. (NYSE: BABA) reported fourth-quarter and fiscal-year 2017 results before markets opened Thursday. The China-based Internet giant reported quarterly adjusted diluted earnings per American depositary share (ADS) ...
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