
Claire Fu
Articles
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1 week ago |
businesslive.co.za | Ellen Zhang |Liangping Gao |Claire Fu
Beijing/Singapore — After Chinese banks reduced deposit rates last week, Miro Chen launched a social media poll: “When interest rates fall, do you save or spend?”More than 80% of some 5,000 responses chose saving, underlining the challenge for policymakers seeking to shore up demand and economic growth. “The result is one-sided, indicating people are very worried,” said the 37-year-old, who works for an internet company in southern China.
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2 months ago |
nytimes.com | Joe Rennison |Danielle Kaye |Claire Fu
After three days of global market turmoil not seen since the early days of the Covid-19 pandemic, stocks in Asia regained a measure of calm on Tuesday despite little let up in the escalating trade tensions caused by President Trump's tariffs. Before markets opened in China, the government unleashed a series of measures to stabilize stocks. In turn, share prices in Hong Kong, a day after plunging 13.2 percent, rose 2 percent.
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2 months ago |
nytimes.com | David Pierson |Claire Fu |Vivian Wang
Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure. It is also censoring criticism at home.
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2 months ago |
thestar.com.my | Daisuke Wakabayashi |Claire Fu
China’s Xiaomi, a consumer electronics giant turned automaker, said it was cooperating with a police investigation into a fatal crash involving one of its electric vehicles while the driver was using the car’s autonomous driving features. A Xiaomi SU7 sedan drove into a concrete guardrail on an expressway in eastern China late Saturday at a speed of around 60mph (96kmph), according to a post on Xiaomi’s official social media account.
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2 months ago |
nytimes.com | Daisuke Wakabayashi |Claire Fu
China's Xiaomi, a consumer electronics giant turned automaker, said it is cooperating with a police investigation into a fatal crash involving one of its electric vehicles while the driver was using the car's autonomous driving features. A Xiaomi SU7 sedan drove into a concrete guardrail on an expressway in eastern China late on Saturday night at around 60 miles per hour, according to a post on Xiaomi's official social media account.
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