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With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter.In early November, the chairman of one of China’s top construction machinery makers was spotted touring potential factory sites in Piracicaba, a city in southeastern Brazil.The visit was another in a string of recent moves by major Chinese companies in the South American nation: food delivery giant Meituan has entered the market…

Bitcoin (BTC-USD) is trading at $92,949, up 4.1% over the past 24 hours, extending a sharp rebound from Monday’s low of $84,000. The world’s largest digital asset has recovered roughly 10% this week after falling more than 33% from its all-time highs above $126,000 in October. The latest rebound reflects investor repositioning as expectations grow for a Federal Reserve rate cut, alongside improving regulatory sentiment and continued institutional buying — all of which are helping restore a bullish tone heading into December.   Federal Reserve expectations and the return of liquidity   Macro forces have once again taken the lead…

A bipartisan group of US senators, including prominent Republican China hawk Tom Cotton, on Thursday unveiled a bill that would block the Trump administration from loosening rules that restrict Beijing’s access to artificial intelligence chips for two-and-a-half years.The bill, known as the SAFE CHIPS Act, was filed by Republican Senator Pete Ricketts and Democrat Chris Coons.It would require the Commerce Department, which oversees export controls, to deny any license requests for buyers in China, Russia, Iran or North Korea to receive US AI chips more advanced than the ones they currently are allowed to obtain for 30 months.After that, Commerce…

China said on Wednesday that it is working “with all parties” to prevent a military escalation in the Caribbean as the United States intensifies operations near Venezuela, the latest sign of Beijing’s growing diplomatic and symbolic support for President Nicolas Maduro.Asked to comment on the Venezuelan crisis, Chinese foreign ministry spokesman Lin Jian told reporters that Beijing “opposes any action that violates the purposes and principles of the United Nations Charter or undermines the sovereignty and security of other countries”, reiterating previous remarks.He said China was in contact with multiple governments “to safeguard the status of Latin America and the…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: It’s been a relatively muted session for the market Thursday, with the S & P 500 trading in a tight range. If the index were to finish the day in positive territory, it would mark its third straight session of gains and eight in the past nine, going back to Nov. 21, when New York Fed President John Williams revived hopes for an interest rate cut at December’s central…

The US dollar held near a five-week low after weak economic data reinforced expectations that the Federal Reserve will cut interest rates next week, offering some support to the yen while pushing the euro to its strongest level in almost seven weeks.   Investors are also watching the growing possibility that White House economic adviser Kevin Hassett could succeed Jerome Powell as Fed chair when Powell’s term ends in May. Hassett is widely expected to favor further rate cuts.   President Donald Trump said this week he will announce his nominee early next year, extending a selection process that has…

Bitcoin (BTC-USD) is trading at $92,949, up 4.1% over the past 24 hours, extending a sharp rebound from Monday’s low of $84,000. The world’s largest digital asset has recovered roughly 10% this week after falling more than 33% from its all-time highs above $126,000 in October. The latest rebound reflects investor repositioning as expectations grow for a Federal Reserve rate cut, alongside improving regulatory sentiment and continued institutional buying — all of which are helping restore a bullish tone heading into December.   Federal Reserve expectations and the return of liquidity   Macro forces have once again taken the lead…

You can call it a comeback. After a rocky start to 2025, culminating in a major selloff in early April following President Donald Trump ‘s announcement of sweeping tariffs on imports, the stock market rebounded strongly to new all-time highs in late October. Year-to-date, the broad-based S & P 500 has gained more than 16%. Investors can thank a resilient consumer, strong corporate earnings, a couple of Fed interest rate cuts, and, of course, the insatiable artificial intelligence trade. However, not all high-quality names joined the ride higher. Some management teams pursued strategies the Street wasn’t crazy about. Others were…

Bitcoin (BTC-USD) is trading at $92,949, up 4.1% over the past 24 hours, extending a sharp rebound from Monday’s low of $84,000. The world’s largest digital asset has recovered roughly 10% this week after falling more than 33% from its all-time highs above $126,000 in October. The latest rebound reflects investor repositioning as expectations grow for a Federal Reserve rate cut, alongside improving regulatory sentiment and continued institutional buying — all of which are helping restore a bullish tone heading into December.   Federal Reserve expectations and the return of liquidity   Macro forces have once again taken the lead…

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Stocks were little changed Thursday as Wall Street overlooked mixed labor market data. U.S. layoff announcements in November pushed the year’s total above 1.1 million, the highest level since 2020, according to job placement firm Challenger, Gray & Christmas. Initial jobless claims, however, came in lower than expected for the week ending Nov. 29. Despite the muted session, Jim Cramer says the market’s still overbought. That means we’re not looking to put new money…