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- 1Chinese VP Han Zheng calls for Palestinians to govern Palestineβπ’ Diplomacy | 5/10 Statement by Chinese VP on Palestine and Ukraine Chinese VP Han Zheng called for the governance of th
Chinese Vice President Han Zheng issued a statement addressing both Palestine and Ukraine, calling for the West Bank and post-conflict reconstruction of Gaza to be governed according to the principle of 'Palestinians governing Palestine'. The remarks position China as an active voice on Middle East governance questions and come amid ongoing international debate over Gaza's future administration and the war in Ukraine.
- 2Dozen Chinese banks to wind down leveraged retail metals tradingβBREAKING NEWS AT LEAST A DOZEN CHINESE BANKS INTEND TO WIND DOWN RETAIL LEVERAGED PRECIOUS-METALS TRADING China is rushi
At least a dozen Chinese banks plan to wind down their retail leveraged precious-metals trading services, according to a widely shared report. The move restricts retail investors' access to leveraged gold and silver products at a time when demand for physical precious metals in China is described as surging.
- 3Morgan Stanley flags Nio's AI chip unit as potential upsideβΌNIO Stock Stares At Another Red Month β But Morgan Stanley Says Nvidia-Rivaling AI Chip Arm Could Be Nioβs Valuable Call Option
Nio shares are on course for another monthly loss, but Morgan Stanley argues the Chinese EV maker's in-house AI chip development could prove a valuable call option for its valuation. The bank sees the unit, potentially rivaling Nvidia, as an underappreciated asset that could offset weakness in the core electric vehicle business if it delivers.
- 4ECB seeks papers on 'China shock 2.0' researchβΌChina shock 2.0: Causes, Consequences, and Policy Responses β Call for papers
The European Central Bank has issued a call for papers for a research conference titled 'China Shock 2.0: Causes, Consequences, and Policy Responses'. The initiative invites academic work examining how the new wave of Chinese industrial and export competition is affecting economies, and what policy measures might address it. It follows the original 'China shock' research on the impact of Chinese imports on Western manufacturing jobs.