The International Monetary Fund on Tuesday raised its China growth forecast to 5.4% for 2023. The IMF cited better-than-expected third-quarter growth and Beijing’s recent policy announcements. The IMF still expects growth to slow next year…
Monthly Archives For November 2023
‘Handsome boy’ Albanese may have managed to turn China’s iron fist into a velvet glove
Normal diplomatic conventions have been restored between Australia and China after years of spiralling contention. China clearly wants to re-engage and reset with the world
Oil falls 1% as mixed China trade data offset supply cuts
Oil prices slipped by 1% on Tuesday, erasing most of Monday’s gains, as mixed economic data from the world’s second largest oil consumer China and winter demand worries offset the impact of Saudi Arabia and…
China owed more than $1 trillion in Belt and Road debt: report
China is owed more than a trillion dollars through its Belt and Road project, making it the biggest debt collector in the world, a report said this week, with an estimated 80 percent of the…
China’s ByteDance to overhaul VR arm Pico as global demand declines -sources
ByteDance’s virtual reality (VR) arm Pico will cut jobs and undertake the biggest overhaul since it was acquired by the TikTok maker two years ago as global demand for VR headsets hits a trough, three…
China and Australia agree to new multi-entry visa as Albanese touts improved relationship after thaw
The two countries also announce they will resume annual leaders meetings following Albanese’s trip – the first by an Australian prime minister since 2016
Australia’s Albanese calls for free and unimpeded trade with China on his visit to Beijing
Australian Prime Minister Anthony Albanese is calling for the “full resumption of free and unimpeded trade” with China in a meeting with Chinese Premier Li Qiang.
IMF upgrades China’s 2023, 2024 GDP growth forecasts
The International Monetary Fund on Tuesday upgraded its 2023 gross domestic product growth forecast for China to 5.4% from 5%, citing a “strong” post-COVID-19 recovery, but said the fund still expected the Chinese economy to…
“Travelogue of China” media exchange activity concludes
The “Travelogue of China ” media exchange activity held in north China’sHebei Province and Tianjin Municipality concluded on Oct. 28, 2023.
China Unicom and Huawei deploy 5G Advanced on EA production line
China Unicom has teamed up with Huawei to help Chinese car manufacturer Exquisite Automotive Systems (EA) deploy 5G Advanced technology on one of its production lines.
Malaysia targets over RM14bil palm oil export to China this year, says Fadillah
KUCHING: Malaysia aims to increase its export value of palm oil to China above RM14bil this year, says Datuk Seri Fadillah Yusof.
China’s import surprise offers hope as recovery risks linger
China’s imports expanded year-on-year for the first time since February, a rare sign of growth against a backdrop of weaker overall trade activity in 2023.
Commentary: China is exploiting our minerals weakness — John Adams
Now, China has zeroed in on it. As the U.S. outsourced its supply chains – and much of our industrial base – over the past few decades, our alarming dependence on overseas mineral production has…
