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China Tech Stocks Fall on Rising US-China Tensions: What’s Next?

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[ad_1] Chinese tech stocks crashed today amid the escalations in US-China tensions following the shooting down of suspected Chinese spy balloon by the US. After the balloon incident, Secretary of State Antony Blinken also canceled his Beijing visit. US-China tensions have not come down in Biden’s tenure and if anything, they might have only increased. … Read more

French industrial production defies high energy prices rising in December

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[ad_1] French industrial production increased more than expected in December, suggesting the country’s manufacturing sector held up at year-end despite high energy prices and increasing interest rates. Industrial output–comprising output in manufacturing, energy and construction–increased 1.1% on month after rising 2% in November, according to data from the country’s statistics office Insee published Friday. November’s … Read more