SAIC Motor Corp plans to add 14 vehicle vessels in the next three years to its fleet of carriers as the state-owned Chinese automaker aims to boost sales in overseas markets, it said on Wednesday.
Monthly Archives For January 2024
China’s population falls for a second straight year as COVID restrictions end
China’s population dropped by 2 million people in 2023 — the second straight annual drop as births fell and deaths spiked after the lifting of COVID-19 restrictions, the government said Wednesday. The …
Peak China narrative is flawed, former Australian prime minister says
KEY WORDS Former Australian Prime Minister Kevin Rudd has hit back at claims that China has peaked in arguing the current slowdown in the country’s economy is just a temporary lull caused …
China’s population falls for a 2nd straight year as births drop even after end of one-child policy
China’s population fell by 2 million people in 2023 in the second straight annual decrease as births dropped and deaths jumped. The government’s statistics bureau said Wednesday that the total …
China’s Economy Limps Into 2024
C hina’s economy grew 5.2% last year, after expanding just 3% in 2022. For investors used to prepandemic rates of 6% or more, that is a remarkably weak performance. Barring a big policy shift, though,…
Xi Focus: Xi Stresses Boosting High-Quality Development of China’s Financial Sector
BEIJING, Jan. 16 (Xinhua) — Chinese President Xi Jinping on Tuesday stressed staying committed to the path of financial development with Chinese characteristics and boosting the high-quality …
Trade and transparency: China looks to boost EU imports; urges eased hi-tech export restrictions
China’s premier has told the head of the European Commission that his country wanted to import more products from the European Union that align with market demand, while urging the bloc to ease …
Breakingviews: China consumers keep Beijing, and world, on edge
All eyes will be on China’s consumers in 2024. The economy expanded 5.2% year-on-year in the fourth quarter, thanks to manufacturing. But maintaining the momentum will be tricky as local demand …
Shenzhen strives to become NEV supercharging city
As of the first half of 2023, the number of NEVs in Shenzhen reached 860,000, and the penetration rate of NEVs in the new car market exceeded 60 percent. Many new vehicle models launched in…
Singaporean baker’s shop in Shenzhen grows
Singaporean Sim Ser Kiat shares his success story of settling down in Shenzhen and running a bakery there for the past 20 years. WATCH MORE: https://thestartv.com/c …
China Censors Police Brutality Report After Death in Custody
A mother in Xinjiang region came forward after five years seeking justice for her son’s violent killing in police custody.
China’s Economy Spooks Markets, and Hong Kong Stocks Sink 4 Percent
Pessimism among investors was most pronounced in Hong Kong, where stocks have plunged by nearly 10 percent so far this year.
China’s population drops for a second year despite push for more babies
China’s population declined last year for the second year in a row, officials said Wednesday, spurred by record-low births and a wave of Covid-19 deaths.
