SAO PAULO, May 21, 2025 (GLOBE NEWSWIRE) -- On May 20th, 2025, the first "China-Brazil Economic and Finance Conference" organized and hosted by China International Capital Corporation Limited (CICC), was successfully held in São Paulo, Brazil. Hundreds of government officials, representatives from leading enterprises and investment institutions across China and Brazil attended the conference. At the event, Xu Yicheng, CICC's Member of Management Committee, represented the company. In his opening remarks, Xu ...

The latest housing market data (April) from NBS shows a continued moderation trend across all key indicators (sales, home prices and construction activities), although the magnitude is not drastic. We continue to expect further moderation in June, but if sales and prices deteriorate faster than expected, we believe the government will roll out stronger policy support (and thus a rally). Our top picks are CR Land and CR Mixc, but tactically we like turnaround stories (Longfor, Jinmao, COPH). See page 18 for ...

在宁海居住期间，阿提拉登上西门城楼，踏上了徐霞客曾走过的古道。 中新网宁波5月19日电 "我希望像徐霞客一样，把看到的景色和体验到的故事记录下来，让更多外国人 了解中国。"近日在浙江宁海，来自荷兰的"00后"背包客阿提拉(Attila)受访时说。 几年前，在德国旅行时，阿提拉结识了来自浙江省宁波市宁海县的留学生胡阳。对方讲述了中国明代旅 行家徐霞客从宁海出发踏上旅程、写就游记的故事，引起了阿提拉的好奇。 "我小时候跟随父母在中国住过一段时间，但从没想过，在古代旅行者笔下，中国的风景可以这么生 动。"阿提拉说，"我在网上查找了相关信息，但还是想来中国亲眼看看。" 于是，这位欧洲小伙去年踏上"当代霞客之旅"，并将自己"China Travel(中国游)"的第一个目的地定在宁 海。 宁海是一座位于东海之滨的江南小城，也是徐霞客"游踪起点"所在地。1613年5月19日，徐霞客从宁海 西门出发，开启自己的旅行，并写下《徐霞客游记》。 如今，中国官方将这一天确定为"5·19中国旅游日"，宁海当地也以"霞客文化"为纽带，推动生态旅游与 人文传承融合发展，吸引世界各地的文化爱好者和背包客前来探访。 责编：秦雅楠、王珊宁 "我 ...

更多资料加入知识星球：水木调研纪要 关注公众号：水木Alpha J P M O R G A N Asia Pacific Emerging Markets Research 19 May 2025 Correction (first published 16 May 2025) China Local Markets Weekly Implications of a US-China tariff ceasefire Executive summary Emerging Markets Strategy Tiffany Wang AC (852) 2800-1726 tiffany.r.wang@jpmorgan.com J.P. Morgan Securities (Asia Pacific) Limited/ J.P. Morgan Broking (Hong Kong) Limited Arindam Sandilya (65) 6882-7759 arindam.x.sandilya@jpmorgan.com JPMorgan Chase Bank, N.A., Singapore Branch Gr ...

19 May 2025 | 5:00AM EDT Americas Transportation: US Tariff Impact Tracker – High Frequency Trends Should Point to China Reversal - But Need Another Week US Tariff Impact Tracker – Net, net, the world order has shifted once again demonstrating the roiling impact of tariffs and tariff direction on week-to-week sentiment as to how it will impact global freight flows. With the China 90 Day deal, we once again are of the perception that pull-forward – at least in part – will re-emerge as the dominant action in ...

在过去的几十年中，在全球化和自由贸易的推动下，世界经济持续繁荣。降低关税、破除壁垒、统一规则，为自由贸易一路搭桥开路。 我们在很长一段时间里，忽视了这种国际经济秩序运转基础的脆弱：比如它需要一个中央银行，也需要不停地财政扩张政策。如果贸易的 一方遭遇了严重的国际收支失衡，以及国内经济结构的失衡，那么就最终会站出来反对"全球化"这种被认为的理所应当的存在。 即便很长一段时间，中美是最完美的互补市场。但在特朗普上台后，也坚持不懈地在用近乎极端的方式来试图解决美国遇到的问题。好消 息是，从4月4日特朗普发布对等关税政策到5月12日中美日内瓦经贸会谈，接下来90天，美国对华关税从145%降到30%，中国对美关税降 到10%。由于2019年的基础上，双方已各加了10%，美国此次给全球也都加了10%，所以基本相当于没有实质的区别。 这场建设性的谈判得以继续，背后的原因是，美国国内承压，同时他们也无法承受完全与中国脱钩的结果。下文的发言人经纬创投创始管 理合伙人徐传陞有一句话说得很有意思："Continue to tango and untangle."我们眼下需要理解的是，这段探戈背后，中国的成因是什么。 贸易战最让人害 ...

Tesla TodayTSLATesla$349.98 +7.16 (+2.09%) 52-Week Range$167.41▼$488.54P/E Ratio171.56Price Target$289.43Add to WatchlistShares of Tesla Inc NASDAQ: TSLA closed just under $350 last week, capping off a blistering rally that has seen the stock climb 60% from its April lows. While it still has ground to cover before revisiting the highs near $500 from last December, momentum is clearly back. The company is starting to look more like the Tesla that energized investors in 2020 and 2021: ambitious, dynamic, and ...

19 May 2025 | 12:58PM HKT China: Activity data weakened sequentially in April amid the US tariff hit Bottom line: China's activity data weakened sequentially in April, reflecting both the negative impact of increased US tariffs and still-soft domestic demand. Compared to market consensus, fixed asset investment (FAI) and retail sales missed modestly, while industrial production (IP) slightly beat. Retail sales growth declined in April, mainly driven by weaker automobile sales growth despite the ongoing cons ...

18 May 2025 | 9:26PM HKT China Data Insights Nowcasting China's Trade Flows Using Shipping Data (Chen/Song/Lu) Andrew Tilton +852-2978-1802 | andrew.tilton@gs.com Goldman Sachs (Asia) L.L.C. Hui Shan +852-2978-6634 | hui.shan@gs.com Goldman Sachs (Asia) L.L.C. Lisheng Wang +852-3966-4004 | lisheng.wang@gs.com Goldman Sachs (Asia) L.L.C. Xinquan Chen +852-2978-2418 | xinquan.chen@gs.com Goldman Sachs (Asia) L.L.C. Yuting Yang +852-2978-7283 | yuting.y.yang@gs.com Goldman Sachs (Asia) L.L.C. Chelsea Song +852 ...

On May 11, the United States and China agreed to a 90-day pause in their trade dispute. The United States agreed to slash tariffs from 145% to 30%, and China agreed to reduce its reciprocal tariffs from 125% to 10%. The glass-half-empty crowd will fall back on the saying: the devil is in the details. Even in the best of times, Chinese stocks carry some risk. Even though the companies are listed on U.S. exchanges, there is an opaqueness to the companies' finances that can be troubling. Now add in weakness in ...