China will continue its crackdown on monopolies to ensure fair competition, Premier Li Keqiang said in a report released ahead of the start of the annual session of parliament on Saturday. Li also …
Monthly Archives For March 2022
China to Set Up Financial Stability Fund, Stabilize Home Prices
China plans to set up a financial stability fund and adopt measures to keep housing prices stable, as policy makers ramp up efforts to prevent systemic risks.
China to Set Up Financial Stability Fund, Stabilize Home Prices
China plans to set up a financial stability fund and adopt measures to keep housing prices stable, as policy makers ramp up efforts to prevent systemic risks.
China plans 7.1% defence spending rise this year, outpacing GDP target
China will spend 7.1% more on defence this year, outpacing last year’s hike and the government’s modest economic growth forecast as Premier Li Keqiang seeks to safeguard the country’s sovereignty, …
Chinese brands stay put in Russia for now despite Western exodus
SHANGHAI, China – Chinese firms are staying put in Russia for the … In the realm of smartphones, Chinese brands such as Xiaomi and Honor vie with market leader Samsung and Apple for sales in…
China Aims to Boost Big-Bank Loans to Small Business Over 40% in 2022
China aims to boost lending to small businesses from large commercial banks by over 40% this year, Premier Li Keqiang told the annual meeting of parliament on Saturday. The government will urge …
China to handle Covid-19 clusters in a targeted, science-based manner
China will cope with local Covid-19 outbreaks in a “science-based, targeted” manner to maintain the normal order of life, according to a government work report released at the open of the country’s …
China seeks balance between Covid-19 control and growth; reopening unlikely
Domestically, China has adopted what it calls a “dynamic zero” policy, enforcing targeted lockdowns, mass testing and quarantining cases. . Read more at straitstimes.com.
China Sets Slowest GDP Growth Target In More Than 30 Years As Challenges Mount
China aims to grow its economy by around 5.5% this year, the slowest pace in more than three decades, as the country faces multiple challenges that stretch from weak consumption and repeated Covid-19 …
China to handle COVID clusters in a targeted, science-based manner
China will cope with local COVID-19 outbreaks in a “science-based, targeted” manner to maintain the normal order of life, according to a government work report released at the open of the country’s …
China will raise defense spending by 7.1% in 2022, faster than last year
China’s defense spending this year is set to grow at its fastest pace since 2019, according to the Ministry of Finance plan released Saturday.
Commerce ministry recommends imposition of anti-dumping duty on import of DCC from China
The Union commerce ministry has recommended imposition of anti-dumping duty on dicyclohexylcarbodiimide (DCC) imported from China for five years to guard domestic industry from cheap imports. DCC is …
PwC says IPOs in mainland, HK active
Technology, media and telecommunications firms on the Chinese mainland remained active in the domestic capital market in the second half of last year, a report from global accounting firm PwC stated.
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