China created a total of 12.44 million jobs in its urban areas in 2023, official data showed Wednesday.
Monthly Archives For January 2024
China doubles down on support for Hong Kong’s role as financial hub for wealth products, bonds and green finance
Beijing’s financial authorities have doubled down on their support for Hong Kong as China’s global financial hub, after the nation’s bank regulator promised to open the doors for more wealth …
5 Stocks Most Exposed To China As Its Economy Slows And President Xi Makes Latest Taiwan Threat: ‘China Will Surely Be Reunified’
Here are five U.S. companies whose revenue is the most heavily exposed to China. “If you have a leading technology, you’re going to have a big business in China,” Amon said. And as it stands,…
Tianjin sets ambitious goal to be technology innovation center
Echoing Zhang’s sentiments, Chen Haibo, Party chief and general manager of China Unicom Tianjin, and a local deputy of the city’s people’s congress, emphasized the company’s ongoing efforts to drive …
China cuts bank reserve requirements and will boost property lending to support its slowing economy
China’s central bank said Wednesday it will cut amount of reserves it holds for banks as part of a slew of measures to support the slowing economy.The announcement by the governor of the People’s Bank…
China To Cut Amount Banks Hold In Reserve, To Boost Lending: Official
China on Wednesday said it would next month cut the amount banks must hold in reserve in order to boost lending, state media reported.
China Central Bank to cut reserve ratio, inject 1 trillion Yuan to boost economy
The People’s Bank of China (PBOC) has announced a significant reduction in the reserve requirements ratio (RRR) for all banks by 50 basis points, scheduled to …
China tries to halt stock market rout by boosting lending and wooing foreign investors
“The Chinese economy will surely move forward steadily while overcoming difficulties and continue to provide strong impetus for the global economy,” China’s top financial regulator said during a …
China says it’s working to de-escalate tensions in the Red Sea that have upended global trade
China, the world’s biggest exporter … for the sovereignty and territorial integrity of Red Sea coastal countries, including Yemen.” Get U-T Business in your inbox on Mondays Get ready for your week …
China’s mobile phone shipments return to growth, increasing by nearly 7% in 2023
However, as the world’s largest mobile phone market, China experienced… The premium content you are trying to open requires News database subscription. Please sign in if you wish to continue. Save …
China takes its chip war to space as it uses Tiangong space station to test processors and gain a tech edge
The chip war between China and the United States now extends beyond the Earth and into space. According to scientists directly involved in China’s extraterrestrial chip programme, China’s Tiangong …
China rocket startup Orienspace raises nearly $84 mln
as China’s demand for commercial launches of satellites is expected to increase. New investors in the capital raise include Liangxi Science and Technology Innovation Industry Fund of Funds, which is …
China announces biggest bank reserve ratio cut since December 2021
China’s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, governor Pan Gongsheng said on Wednesday, the first such cut for the year as policymakers extend efforts…
