Analysis: China’s Provinces Set a Pragmatic Floor for 2026 Growth 00:00 00:00 /00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Local “Two Sessions” have been convened intensively since late January. Photo: Visual China Group By late January 2026, the political rituals known as the local “Two Sessions” had firmly established the economic tempo for the year ahead. Across the Chinese mainland, pro...
Analysis: China’s Provinces Set a Pragmatic Floor for 2026 Growth 00:00 00:00 /00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Local “Two Sessions” have been convened intensively since late January. Photo: Visual China Group By late January 2026, the political rituals known as the local “Two Sessions” had firmly established the economic tempo for the year ahead. Across the Chinese mainland, provincial governments convened to set their targets, revealing a landscape that is cautious yet deliberately ambitious. Based on data disclosed by 20 provinces, representing the bulk of the national economy, the weighted average GDP growth target for 2026 sits at 5.1%. You've accessed an article available only to subscribers Subscribe today for just $.99. VIEW OPTIONS Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations. Subscribe to both Caixin Global and The Wall Street Journal — for the price of one. Disclaimer This is an AI-generated English rendering of original reporting or commentary published by Caixin Media. In the event of any discrepancies, the Chinese version shall prevail. Share now and your friends will read it for free!
London ( UKX ) +0.15% to 10,357. Germany ( DAX:IND ) +0.83% to 25,002. France ( CAC:IND ) +0.53% to 8,224, France inflation expected to rise 0.3% Y/Y in January, missing estimates. The pan-European Stoxx 600 ( STOXX ) moved 0.68% higher to 621.5, extending gains for a third session as a rebound in metals prices. The overall market sentiment improved, with the global tech and AI sector supporting r...
London ( UKX ) +0.15% to 10,357. Germany ( DAX:IND ) +0.83% to 25,002. France ( CAC:IND ) +0.53% to 8,224, France inflation expected to rise 0.3% Y/Y in January, missing estimates. The pan-European Stoxx 600 ( STOXX ) moved 0.68% higher to 621.5, extending gains for a third session as a rebound in metals prices. The overall market sentiment improved, with the global tech and AI sector supporting risk appetite. Overall optimism stemmed from the U.S.-India trade deal, which lowers mutual tariffs in exchange for New Delhi halting purchases of Russian oil. In the bond market , the U.S. 10-year Treasury yield was up 1 basis point to 4.29%. Germany's 10-year yield was up 1 basis point to 2.88%. The UK's 10-year yield was up 2 basis points to 4.53%. Currencies: ( EUR:USD ) ( GBP:USD ) ( CHF:USD ) ETFs: (NYSEARCA: EWG ), (NYSE: GF ), (NYSEARCA: EWI ), (NYSEARCA: EWQ ), (NASDAQ: FGM ), (NASDAQ: DAX ), (NYSEARCA: FLGR ), (NYSEARCA: FXB ), (NYSEARCA: EWU ), (NASDAQ: FKU ), (BATS: EWUS ), (NYSEARCA: FLGB ), (NYSEARCA: GREK ) More on Europe U.S. Dollar Stakes Get Raised - What To Do Now In The Rates Space? Technical Levels For Major FX Pairs Ahead Of The FOMC Rate Decision DAX: What To Know About The ETF That Tracks The 'S&P 500' Of Germany France inflation expected to rise 0.3% Y/Y in January, missing estimates Trump’s Tariffs: Key announcements from January
MattGush Waymo ( WAYMO ), the autonomous driving arm of Alphabet ( GOOG ) ( GOOGL ), has raised $16B in a new funding round, boosting its post-money valuation to $126B. “This infusion of capital will ensure we are positioned to move forward with unprecedented velocity, while maintaining our industry-leading safety standards. Our focus is now on global scale, bringing the safety and magic of the Wa...
MattGush Waymo ( WAYMO ), the autonomous driving arm of Alphabet ( GOOG ) ( GOOGL ), has raised $16B in a new funding round, boosting its post-money valuation to $126B. “This infusion of capital will ensure we are positioned to move forward with unprecedented velocity, while maintaining our industry-leading safety standards. Our focus is now on global scale, bringing the safety and magic of the Waymo Driver to even more cities this year across the United States and internationally,” the company said . In addition to Alphabet’s sustained support as the majority investor, the financing was led by Dragoneer Investment Group, DST Global, and Sequoia Capital and included significant investments from Andreessen Horowitz and Mubadala Capital as well as Bessemer Venture Partners, Silver Lake, Tiger Global, and T. Rowe Price. Additional investors included BDT & MSD Partners, CapitalG, Fidelity Management & Research Company, GV, Kleiner Perkins, Perry Creek Capital, and Temasek. Waymo’s ( WAYMO ) autonomous ride-hailing services are currently live across major U.S. markets, including the San Francisco Bay Area, Los Angeles, Phoenix, Austin, Miami, and Atlanta. Looking ahead to 2026, the company plans to expand autonomous ride-hailing to 20 additional cities, including international markets such as Tokyo and London. In 2025 alone, Waymo more than tripled its annual ride volume to 15M, pushing lifetime rides past 20M and widening its lead over competitors like Uber ( UBER ), Lyft ( LYFT ), Tesla ( TSLA ), and Zoox ( AMZN ). Its previous funding round—led by Alphabet—valued the company at over $45B in October 2024, highlighting the rapid acceleration in both scale and valuation since then. More on Waymo LLC Waymo's Surge Alphabet’s Waymo reportedly eyeing $16B funding at $110B valuation Riding the slow lane: What happens when a robotaxi customer says, 'Driver, step on it?' Seeking Alpha’s Quant Rating on Waymo LLC Financial information for Waymo LLC
The sudden death of a top fund manager in Shanghai – the latest in a string of similar cases – has raised alarm in China’s financial sector, as worries grow over the health risks posed by the industry’s intense work culture. Shen Xianbing, a founding partner of the private fund Qilin Investment, died on Monday at the age of 40, the company announced the same day, without explaining the cause of hi...
The sudden death of a top fund manager in Shanghai – the latest in a string of similar cases – has raised alarm in China’s financial sector, as worries grow over the health risks posed by the industry’s intense work culture. Shen Xianbing, a founding partner of the private fund Qilin Investment, died on Monday at the age of 40, the company announced the same day, without explaining the cause of his death. The former University of Science and Technology of China graduate had served as a founding partner at the investment firm – which has more than 28 billion yuan (US$4 billion) of assets under management – since 2015, and had been involved in its operations and management, according to the statement. Advertisement The incident follows the untimely deaths of several other high-profile figures in China’s finance sector in recent years, including Wu Jiang, a 38-year-old investment director at fund management firm Western Leadbank; Zhou Ke, a 45-year-old general manager of China Post & Capital Fund Management; and Xiang Tingfeng, a 46-year-old investment director at fund managers Bocom Schroders. Financial workers around the world often face long hours and intense pressure , which can lead to stress-related burnout and other health risks. And competition among China’s fund managers has ramped up even further in recent years as high-quality assets have become more scarce amid an economic slowdown “The pressure to perform has been quite intense,” said a 26-year-old surnamed Xue, who left her job at a state-backed financial lender in central China a few months ago. “I’ve heard some colleagues have left because they failed to meet their targets.”
Please turn on JavaScript to use this feature Please turn on JavaScript to use this feature 7m ago 08.31 GMT Europe and US to pursue coordinated military action if Russia persistently violates future ceasefire - report We are restarting our live Europe coverage and will bring you the latest news around the continent throughout the day. Under a proposal discussed between Ukrainian, European and Ame...
Please turn on JavaScript to use this feature Please turn on JavaScript to use this feature 7m ago 08.31 GMT Europe and US to pursue coordinated military action if Russia persistently violates future ceasefire - report We are restarting our live Europe coverage and will bring you the latest news around the continent throughout the day. Under a proposal discussed between Ukrainian, European and American officials, Kyiv has agreed with western allies that repeated breaches of any future ceasefire agreement from Russia would lead to a coordinated US-Europe military response, sources briefed on the discussions have told the Financial Times. A Russian ceasefire violation would be met with a response within a day, starting with a “diplomatic warning” and a response from the Ukrainian army to stop the violation, three people familiar with the plan told the FT in a report which we are yet to independently verify. If fighting continued, there would be a second phase of intervention using forces from the ‘coalition of the willing’, made up of over 20 of Ukraine’s allies who have agreed to provide Kyiv security guarantees once a ceasefire is brokered with Russia, which has so far been sticking to its maximalist demands. If the ceasefire violation developed into a wider attack, three days after the initial breach, then a coordinated military response by a western-backed force involving the US military would be triggered, according to the officials. American, European and Ukrainian officials discussed the proposals on several occasions in December and January, according to the FT. British prime minister Keir Starmer – who has been at the forefront of the ‘coalition of the willing’ initiative – said last month after talks in Paris that the UK and France would send troops to Ukraine “in the event of a peace deal” with Russia. View image in fullscreen A police officer walks at the site of an apartment building hit by a Russian drone strike in Kyiv on 3 February 2026. Photograph: Va...
Markets were on course to open in the green as stocks continued to rally following positive economic data and blowout earnings from Palantir that eased fears around the artificial intelligence trade. Dow futures were up 36 points, or 0.1%, in premarket trading Tuesday. Palantir’s earnings gave a vote of confidence to the AI trade that has become the main market driver.
Markets were on course to open in the green as stocks continued to rally following positive economic data and blowout earnings from Palantir that eased fears around the artificial intelligence trade. Dow futures were up 36 points, or 0.1%, in premarket trading Tuesday. Palantir’s earnings gave a vote of confidence to the AI trade that has become the main market driver.
I pay far less attention to China’s growth numbers today. What matters more is where fiscal capacity is flowing. China has entered a phase where population ageing, security needs and industrial upgrading all draw on the same budget. This shift follows a structural adjustment in property. Income from land sales – once a pillar of local government finance – has fallen sharply and is unlikely to retu...
I pay far less attention to China’s growth numbers today. What matters more is where fiscal capacity is flowing. China has entered a phase where population ageing, security needs and industrial upgrading all draw on the same budget. This shift follows a structural adjustment in property. Income from land sales – once a pillar of local government finance – has fallen sharply and is unlikely to return. Balance sheets will have to be reset. The question is no longer how much stimulus Beijing can deploy, but where limited fiscal resources are directed. This matters for both businesses and governments across Asia. Advertisement Three demands now compete for the same budget in China, and none can be deferred. First, ageing. The costs of providing healthcare, pensions and social services compound annually. Extending coverage to migrant populations improves stability but locks in higher obligations. Second, security and resilience. Defence modernisation, energy security and supply chain redundancy now anchor fiscal planning. As China approaches the technological frontier, these become more permanent budget features rather than temporary responses. Advertisement Third, industrial upgrading. Semiconductor ecosystems, advanced manufacturing and strategic technologies require sustained state financing. These commitments strengthen capability but reduce flexibility.
社交平台X法國辦公室遭突擊搜查 疑涉操縱演算法及散播兒童色情等 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】法國檢察部門突擊搜查社交平台X的辦公室，涉及平台操縱演算法及散播兒童色情內容等問題，英國同日亦表示要調...
社交平台X法國辦公室遭突擊搜查 疑涉操縱演算法及散播兒童色情等 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】法國檢察部門突擊搜查社交平台X的辦公室，涉及平台操縱演算法及散播兒童色情內容等問題，英國同日亦表示要調查X的聊天機器人Grok。 富商馬斯克旗下社交平台X在歐洲面臨進一步調查。法國巴黎檢察官辦公室表示，轄下的網絡犯罪部門聯同法國憲兵隊國家網絡部門以及歐洲刑警組織，突擊搜查X在法國的辦公室，稱這是關於去年1月起展開的調查。X最初被指控操縱演算法，聊天機器人Grok後來亦捲入傳播不雅內容的爭議，法國當局稱現正調查X是否在多個領域違法，包括持有或有組織地散播兒童色情圖像，利用深偽技術侵犯肖像權等。法國檢方同時傳召馬斯克和X前行政總裁雅卡里諾今年4月在巴黎出席聆訊。 英國資訊委員辦公室亦表示會對Grok展開調查，指近期有關Grok的報告令人懷疑個人資料可能被不當使用，生成色情圖像，需設置防護機制阻止。 另外，繼法國後再有歐洲國家計劃禁止未成年人使用社交媒體，西班牙首相桑切斯宣布將推動立法，禁止16歲以下人士使用社交媒體，要求平台建立嚴格的年齡驗證機制，強調要保護兒童免受仇恨言論、色情內容影響，呼籲歐洲國家在這方面加強協調，希臘政府亦據報即將對15歲以下人士實施社交平台禁令。
Key Points Certain Wall Street analysts anticipate triple-digit gains in Datadog and Atlassian in the next year. Datadog is gaining share in observability software, and it has been recognized as a leader in AI for IT operations. Atlassian is a leader in work management software, and more customers are engaging AI features on its platform. 10 stocks we like better than Datadog › The S&P North Ameri...
Key Points Certain Wall Street analysts anticipate triple-digit gains in Datadog and Atlassian in the next year. Datadog is gaining share in observability software, and it has been recognized as a leader in AI for IT operations. Atlassian is a leader in work management software, and more customers are engaging AI features on its platform. 10 stocks we like better than Datadog › The S&P North American Technology Software Index, which tracks 111 software stocks, has fallen 24% from the record high it reached in September 2025. That puts the index in bear market territory. Investors are worried that artificial intelligence (AI) coding tools will limit demand for software in the future. I think the market is too pessimistic. Morgan Stanley's fourth-quarter CIO survey suggests software will be the fastest-growing IT sector in 2026. "CIO survey data affirms our view on incumbent software vendors benefiting from this disruption, as they will ultimately serve as the delivery mechanism" for new generative AI features. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » With that in mind, certain Wall Street analysts forecast triple-digit upside in Datadog (NASDAQ: DDOG) and Atlassian (NASDAQ: TEAM): Adam Shepherd at Arete Research recently raised his target price on Datadog to $260 per share. That implies 102% upside from the current share price of $129. Keith Weiss at Morgan Stanley recently set his target price on Atlassian at $320 per share. That implies 170% upside from its current share price of $118. Here's what investors should know about Datadog and Atlassian. Datadog: 102% implied upside Datadog develops observability software. Its platform includes two dozen products that help businesses monitor the performance of critical IT infrastructure and applications. It also features an artificial intelligence (AI) engine called Watchdog that automates anoma...
Polish President Pushes For Aggressive Move To Nuclear, Bypassing LNG Amidst 'Geopolitical Turmoils' Via Remix News, Polish President Karol Nawrocki is prioritizing nuclear power in the Polish energy mix, avoiding the transitional inclusion of gas, with the government focused on building the first nuclear power plant in Lubiatów-Kopalin. Before his trip to Davos, Nawrocki had met with entrepreneur...
Polish President Pushes For Aggressive Move To Nuclear, Bypassing LNG Amidst 'Geopolitical Turmoils' Via Remix News, Polish President Karol Nawrocki is prioritizing nuclear power in the Polish energy mix, avoiding the transitional inclusion of gas, with the government focused on building the first nuclear power plant in Lubiatów-Kopalin. Before his trip to Davos, Nawrocki had met with entrepreneurs to discuss Poland’s accession to the G20. In his speech, he presented his vision for Poland’s future energy mix. At the beginning of the year, the Sejm (lower house of parliament) almost unanimously passed a law to support the construction of the first nuclear power plant in Lubiatów-Kopalin, Pomerania, with over PLN 60 billion (€14 billion). Negotiations on the contract for the construction of Poland’s first nuclear power plant (EPC) are expected to be completed by mid-year. Preliminary work on the plant’s construction site and the preparation of associated infrastructure are also scheduled for this year. Furthermore, in the first quarter, PEJ will soon submit an application to the National Atomic Energy Agency for a permit to build a nuclear power facility, Deputy Minister of Energy Wojciech Wrochna told Business Insider . Experts confirm the long-term energy efficiency of nuclear power compared to other sources, such as renewables or coal. Marcin Izdebski, an expert at the Center for Development Strategies, told the portal: “ Renewable energy installations operate for 15-25 years. Nuclear power has a much longer lifespan, lasting 60-80 years. Furthermore, nuclear power doesn’t require balancing like renewable energy, which increases its economic efficiency. It’s most justified to build nuclear power plants where coal-fired units currently operate. Otherwise, these locations face economic collapse.” “The government has a very rational and pragmatic approach to energy. We are by no means ideological about any source—neither coal, renewable energy, nor nuclear power. We a...
Novare Capital Management LLC reduced its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 9.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 138,259 shares of the semiconductor manufacturer's stock after selling 13,770 shares during the quarter. Broadcom makes up approximately 3.5% of Novare Ca...
Novare Capital Management LLC reduced its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 9.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 138,259 shares of the semiconductor manufacturer's stock after selling 13,770 shares during the quarter. Broadcom makes up approximately 3.5% of Novare Capital Management LLC's holdings, making the stock its 5th biggest position. Novare Capital Management LLC's holdings in Broadcom were worth $45,613,000 at the end of the most recent quarter. Get Broadcom alerts: Sign Up Several other institutional investors and hedge funds have also bought and sold shares of AVGO. Brighton Jones LLC boosted its holdings in shares of Broadcom by 21.8% in the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer's stock valued at $6,882,000 after buying an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Broadcom by 10.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer's stock valued at $1,854,000 after acquiring an additional 756 shares during the last quarter. United Bank grew its position in shares of Broadcom by 76.5% in the 1st quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer's stock valued at $392,000 after acquiring an additional 1,014 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Broadcom by 10.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer's stock worth $3,499,000 after purchasing an additional 1,160 shares during the last quarter. Finally, Trilogy Capital Inc. raised its holdings in shares of Broadcom by 8.5% in the 2nd quarter. Trilogy Capital Inc. now owns 14,186 shares of the semiconductor manufacturer's stock valued at $3,910,000 after purchasing an additional...
Mirae Asset Global Investments Co. Ltd. increased its position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 3.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,243,755 shares of the semiconductor manufacturer's stock after buying an additional 112,056 shares during the period. Broadcom accounts for 3.4% of Mirae ...
Mirae Asset Global Investments Co. Ltd. increased its position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 3.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,243,755 shares of the semiconductor manufacturer's stock after buying an additional 112,056 shares during the period. Broadcom accounts for 3.4% of Mirae Asset Global Investments Co. Ltd.'s holdings, making the stock its 4th biggest position. Mirae Asset Global Investments Co. Ltd. owned about 0.07% of Broadcom worth $1,070,147,000 at the end of the most recent reporting period. Get Broadcom alerts: Sign Up Other large investors also recently bought and sold shares of the company. Assetmark Inc. raised its stake in Broadcom by 2.4% during the second quarter. Assetmark Inc. now owns 1,703,487 shares of the semiconductor manufacturer's stock worth $469,566,000 after purchasing an additional 39,466 shares during the period. Capital Counsel LLC NY acquired a new stake in Broadcom during the second quarter worth $221,000. Waterloo Capital L.P. raised its position in Broadcom by 7.0% in the second quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer's stock valued at $13,331,000 after purchasing an additional 3,180 shares during the period. Providence First Trust Co lifted its stake in shares of Broadcom by 1,099.3% in the 3rd quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer's stock valued at $2,944,000 after purchasing an additional 8,179 shares during the last quarter. Finally, RiverFront Investment Group LLC grew its holdings in shares of Broadcom by 107.6% during the 2nd quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer's stock worth $4,555,000 after purchasing an additional 8,566 shares during the period. Institutional investors and hedge funds own 76.43% of the company's stock. Analyst Ratings Changes ...
BYD Co. Executive Vice President Stella Li discusses the impact China banning concealed door handles on electric vehicles could have on the company. “There’s no impact,” Li tells Bloomberg Television. She adds BYD is “ready” to make changes to its designs as required by authorities.
BYD Co. Executive Vice President Stella Li discusses the impact China banning concealed door handles on electric vehicles could have on the company. “There’s no impact,” Li tells Bloomberg Television. She adds BYD is “ready” to make changes to its designs as required by authorities.