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South Dakota governor orders review of Chinese stake in state investments

South Dakota Gov. Kristi Noem on Thursday called for an immediate review of the state's investments to determine if it has stakes in Chinese companies, stepping up her rhetoric against the ascendant Asian economic giant that has also emerged as a powerful rival to the United States. The Republican governor has taken aim at the state's ties to China and claimed that they pose a national security threat. Last week, she banned the popular video-sharing platform TikTok, which is owned by Chinese company ByteDance, from being used on state-owned devices. Noem has become increasingly comfortable using her position as governor of a rural state to wade into national and now international issues. With executive orders and statements that cater to conservative media headlines, she has made it clear that her political ambitions lie beyond South Dakota. She is seen as a potential contender for the Republican nomination for the 2024 White House. On Thursday, her office issued a statement sayin

South Dakota governor orders review of Chinese stake in state investments
Updated On : 09 Dec 2022 | 8:51 AM IST

China's shares plunge to lowest valuation on record in Hong Kong

All but three stocks are down this year on the 50-member gauge, with property developers and tech companies at the bottom.

China's shares plunge to lowest valuation on record in Hong Kong
Updated On : 30 Sep 2022 | 11:08 PM IST

China stock rout spreads amid fears of foreign investor exodus

Investors in some of China's most vibrant sectors -- from technology to education -- have found themselves in the firing line this month

China stock rout spreads amid fears of foreign investor exodus
Updated On : 28 Jul 2021 | 1:30 AM IST

Weak China data, stronger dollar send global stocks skidding

Hong Kong stocks fell 1.2 per cent and Japanese shares were also down 0.4 per cent

Weak China data, stronger dollar send global stocks skidding
Updated On : 13 Oct 2016 | 3:32 PM IST

Chinese shares open mixed

The benchmark Shanghai Composite Index was up 0.11 per cent, at 3,051.62 points

Chinese shares open mixed
Updated On : 11 Oct 2016 | 9:33 AM IST