China’s automobile manufacturing industry registered steady expansion in terms of production, revenue, and profit in the first half of this year (H1), industry …
Monthly Archives For September 2023
Shenzhen-Hong Kong new cooperation zone to focus on sci-tech innovation
China’s State Council recently released a plan to boost the development of the Chinese mainland part of a cooperation zone between the southern tech hub Shenzhen and the Hong Kong Special …
China’s trade slump narrows as stabilisation signs emerge
China’s exports and imports extended declines in August as the twin pressures of sagging overseas demand and weak consumer spending at home squeezed businesses in the world’s second-largest economy, although the falls were slower than…
China exports fall for the fourth month in a row
China’s exports have dropped for fourth month in a row as the “world’s factory” struggles with weak demand at home and abroad. Exports fell 8.8% in August compared with a year earlier, while imports dropped…
Stock market today: Asian shares fall as China reports weaker global demand hit its trade in August
Shares slipped Thursday in Asia as China reported weaker global demand hit its trade in August, adding to pressures on its economy. Oil prices and U.S. futures also fell. Hong Kong’s benchmark fell more than…
Beijing Review: Diversity spurs dialogue
BEIJING, Sept. 7, 2023 /PRNewswire/ — Was die Nationen als Nationen getan haben, haben sie für die menschliche Gesellschaft getan. That’s German for “What nations have done as nations, they have done …
China’s ICBC and Agricultural Bank of China to lower rates for existing first-home mortgages
BEIJING, Sept 7 (Reuters) – Two of China’s major state banks said they will start to lower the interest rates on existing mortgages for first-home loans, according to statements released by the banks …
China’s exports, imports fall as pressures persist
China’s exports and imports fell in August, data showed on Thursday, as the twin pressures of sagging overseas demand and weak consumer spending squeezed businesses in the world’s second-largest …
China’s exports and imports fall in August as weak global demand keeps its economy under pressure
HONG KONG — (AP) — China’s exports and imports both fell in August from … policy measures to shore up the economy after the country’s rebound from the COVID-19 pandemic fizzled earlier than expected …
Why China’s response to economic challenges is not working
Data from China on Thursday showing falling exports fanned more fears about a slowdown in the world’s second-biggest economy, which has struggled with its post-Covid recovery.And a post-Covid rally has since completely run out of…
China’s major banks to lower rates on existing first-home mortgages
BEIJING (Reuters) -Four of China’s major state banks said on Thursday they will start to lower interest rates on existing mortgages for first-home loans, reducing them to levels in place when a home was purchased.
China’s exports and imports fall again in August as demand slumps
China’s exports fell by 8.8% in August year-on-year, while imports contracted 7.3%, customs data showed on Thursday, increasing pressure on the country’s vast manufacturing sector as demand sags at …
China Is Flooding the World With Cars
Even as China’s other exports falter, its carmakers are seeing big increases in overseas sales, mainly for gasoline-powered models.
