China’s steel output is expected to rise for the first year in three in 2023 as a soft domestic property sector is compensated by strong vehicle manufacturing and rising exports.
Monthly Archives For December 2023
China Chipmaker Seeks Funds at $19.5 Billion Value as IPOs Cool
Changxin Memory Technologies Inc. is delaying its initial public offering and will instead consider raising funds at about a 140 billion yuan ($19.5 billion) valuation, becoming the latest Chinese …
China raises technology requirements for new energy vehicles to qualify for purchase tax reduction and exemption
China adjusted technical requirements for new energy vehicle eligible for reducition and exemption of vehicle purchase taxes.
China deflation worsens as economic problems mount
In another indication of expectations of a worsening economic outlook, rating agency Moody’s last week cut its outlook for Chinese sovereign debt to negative.
UK companies pause China investment decisions as economy slows, survey shows
A slowdown in both the Chinese and global economies is the biggest issue affecting British firms in the world’s second-largest economy, beating geopolitical concerns and market access barriers, …
China filed more IP than rest of world combined in 2022
Tang noted that China filed for more IP than the rest of the world combined last year, which is a “testament” to the importance and efforts that the Chinese government has paid to intellectual …
Getting China right starts with perception
“The imperative for security and control on the economy trumps the logic of free markets and open trade,” this is how European Commission President Ursula von der Leyen described China in her …
China’s battle with child pneumonia shows risks of drug resistance
In China nearly 80% of child cases of mycoplasma pneumoniae are resistant to macrolides, compared with under 10% elsewhere.
Children are the best investment for China says Beijing think tank
Children are the most worthy investment for China’s economy to help stimulate consumption and expand domestic demand a Beijing policy institute said, after the country posted its first population drop …
Investors in China’s lagging markets to play defence in 2024
Investors in Chinese stocks next year will be seeking out businesses with global reach or other insulation from an economic downturn, after three straight years of China underperforming world markets.
Australia says China has lifted restrictions on meat imports from 3 abattoirs
Australia’s trade and agriculture ministers said on Tuesday that China had lifted restrictions on imports of meat from three large abattoirs in Australia, in the latest sign of improving relations …
China’s Xi Makes First Visit to Vietnam in Years to Counter U.S. Influence
When Chinese President Xi Jinping makes his first trip to Vietnam in six years, he’ll be seeking to ensure a strategically important Asian partner hasn’t drifted too close to the U.S.
Asian infrastructure bank can’t be reformed unless China changes course, former executive says
A former senior executive of the Asian Infrastructure Investment Bank (AIIB) told a House of Commons committee Monday he doesn’t believe the international financial institution can be reformed as long …
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