China’s economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global…
Monthly Archives For January 2024
China’s Central Bank Holds Key Rate Steady in Policy Surprise
China’s central bank held a key interest rate steady on Monday while still pumping more cash into the financial system, bucking expectations that it would cut borrowing costs to support the economy. M …
UPDATE 1-Former China Everbright Group chairman arrested on suspicion of corruption -state media
BEIJING, Jan 15 (Reuters) – A former chairman of state-owned financial conglomerate China Everbright Group, Tang Shuangning, was arrested on suspicion of taking bribes and corruption, state media reported on Monday,
China regulator vows regulation ‘with teeth and thorns’ to defuse financial risk
China’s financial regulator plans to increase punishment for financial crimes and speed up the time it takes to prosecute them using regulation it calls “with teeth and thorns”.
China’s Taiwan strategy: Is Beijing drawing plan for the island’s integration with the mainland?
Just ahead of presidential and parliamentary elections in Taiwan on3, Beijing has come out with a plan for the integration of Taiwan with mainland China on the cultural, social,
Belgian prime minister meets Xi Jinping in Beijing, vows to oppose decoupling
Belgian Prime Minister Alexander De Croo became the latest European leader to travel to Beijing and meet Chinese President Xi Jinping on Friday, with the pair pledging to boost cooperation and oppose decoupling.
Beijing wants closer ties with Europe, says Xi
SHANGHAI: China is willing to strengthen relations with Europe, President Xi Jinping said on Friday, at a meeting with Belgian Prime Minister Alexander De Croo in Beijing. De Croo arrived in China on Thursday,
China’s economy still much better than West
A view of the Lujiazui area of Pudong, East China’s Shanghai. [Photo/Xinhua] Editor’s note: In the face of increasing uncertainty in the external environment and given the arduous task of achieving …
Covid-19 infections may rebound in China in January: Report
There is a possibility of a rebound in the Covid-19 infection epidemic in China in January, Chinese health authorities said on Sunday, China-based Global Times reported.
China central bank holds medium-term rate but adds liquidity
China’s central bank left the medium-term policy rate unchanged on Monday, defying market expectations as signs of a weaker currency continued to limit the scope of monetary easing. A slew of recent …
China International Import Expo welcomes more global firms to explore vast opportunities
The seventh China International Import Expo (CIIE) will kick off another series of global roadshows from January 15 to 24 in Southeast Asian countries, including Vietnam, Thailand and Malaysia, and …
COVID-19 Infections May Rebound In China: Chinese Officials
Beijing: Even after a decline in patients there is a possibility of rebound in the COVID-19 infection epidemic in China in January, Chinese health authorities said on Sunday, Global Times reported.
China Warns of COVID Rebound This Month Due To JN.1 Variant Surge
As per NHC, the current cases in China remain low. However, health authorities have reported an uptick in the presence of JN.1 in China. The NHC added that most respiratory illnesses reported are …
