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After falling 12.2% this year, Hong Kong’s stocks rebounded 2.63% on Tuesday on news that Beijing may mobilize about 2 trillion yuan (US$278 billion) through offshore entities to support beaten-down Chinese stocks.
China is considering a rescue package backed by offshore money to stave off a slump in its struggling stock markets, according to Bloomberg News.
Moody’s Investors Service was something of a thorn in global policymakers’ sides in 2023. From Beijing to Washington, the ratings giant fired any number of shots across the bows of the biggest economies.
The European Union will ask its members to screen foreign direct investment (FDIs) and potentially block countries such as China and Russia from getting access to their sensitive technologies in the chip, artificial intelligence (AI) and quantum computing sectors.
From the moment he touched down, Li Qiang's visit to Ireland was already historic
This was CNBC's live blog tracking developments at the World Economic Forum .
Click here to read our live blog with the latest updates from Davos 2024