The relationship between China and the United States has been marked by tensions and uncertainties, particularly when it comes to business and trade. However, Chinese Commerce Minister Wang Wentao recently highlighted the efforts being made to create a more stable and predictable environment for businesses in both countries. Through regular meetings and communication at various
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China’s financial institutions have been urged to provide strong support to the country’s struggling real estate sector, rather than withdrawing financing from projects facing difficulties. This call to action comes from a senior Chinese financial regulatory official, in response to Beijing’s recent measures aimed at easing the cash crunch for Chinese developers. The real estate
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JPMorgan Chase, one of the largest and most influential banks in the United States, announced several executive role changes on Thursday. These moves involve some of the top contenders for the position of CEO, currently held by Jamie Dimon. The reshuffling aims to provide these executives with new and expanded roles within the organization, preparing
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IBM shares experienced a surge of as much as 8% in extended trading after the company released its fourth-quarter results, surpassing Wall Street’s expectations. The tech and services provider reported adjusted earnings per share of $3.87, compared to the estimated $3.78, and revenue of $17.38 billion, exceeding the projected $17.30 billion. IBM’s revenue witnessed a
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