China’s 5.2 percent rise in gross domestic product (GDP) last year, despite beating its annual target and still well outpacing growth in developed Western countries, has yet to convince the market …
Monthly Archives For January 2024
Froma Harrop: Biden starts to decouple economy from China
Going beyond tariffs and sanctions, a Biden executive order would do much to close the money spigots that help finance Chinese development of advanced weapons. China is pushing ahead on making …
How Chinese manufacturers are eclipsing Europe’s solar industry
Europe’s solar industry is facing its deepest crisis in more than a decade as steep competition from China erodes manufacturing in the sector, rendering the continent’s hope of greater energy …
Doubts mount over China’s steel, GDP data
Surprising statistics deepen scepticism about the official measures of activity in the world’s second-largest economy.
US, China Officials Conclude Meeting on Financial Issues
Officials from the U.S. Treasury Department met with counterparts in the People’s Bank of China to discuss issues ranging from financial stability to countering money laundering. The delegation also …
US hedge funds far outperformed local rivals in China in 2023
Bridgewater China Investment Management, the local arm of the world’s largest hedge fund, quadrupled its assets under management to more than Rmb40bn ($5.6bn) at the end of last year from two years ago, while Two…
Russia replaced Saudi Arabia as China’s top oil supplier in 2023
Russia jumped ahead of Saudi Arabia to become China’s top crude oil supplier in 2023 as the world’s biggest oil importer bought vast quantities of discounted oil defying Western sanctions
Congo and China talking $7 billion in finance, Tshisekedi says
China and the Democratic Republic of Congo are discussing $7 billion in financing as part of a renegotiated minerals-for-infrastructure deal, President Felix Tshisekedi said Saturday at his second …
Mint Explainer | Failed economic rebound, recession fears and increasingly pessimistic youth. How China fumbled the bag
China’s recovery after opening up from its zero-Covid policy has been marred by a deepening property crisis, deflationary risks, and subdued demand; besides other factors such as a recession and …
At least 13 dead in school dormitory fire in China
At least 13 people have died in a fire at a school dormitory in central China, according to Chinese state media.
China’s financial regulator pledges further opening up
BEIJING, Jan. 20 (Xinhua) — China’s National Administration of Financial Regulation (NAFR) said on Saturday that the country will steadily expand institutional opening up of the financial sector.
China’s population declines for second straight year
China’s population has decreased for the second year in a row. CNN’s Marc Stewart breaks down the impact. Trump ally caught on audio recording allegedly threatening to assassinate two prominent Democrats
达沃斯论坛:中国经济传递信心,专家热议发展新动能 Experts explore China’s economic future in Davos
The 54th annual meeting of the World Economic Forum commenced in Davos, Switzerland, on Monday. The high-profile gathering is scheduled to continue until Friday. China continues to be a key participan