China’s trade surplus increased to $75.34 billion in December 2023 from $70.65 billion in the same period the previous year, surpassing market forecasts of $74.75 billion, marking the..
Monthly Archives For January 2024
Costco’s Brand New Store In Southern China Sparks Shopping Frenzy Amid Economic Slowdown: Report
Costco Wholesale Corporation (NASDAQ:COST) reportedly made a remarkable entrance into southern China as the opening of its first store drew massive crowds. Customers queued for hours, seizing the …
EU investigators to inspect China’s BYD, Geely and SAIC in EV probe, report says
BRUSSELS — European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric-vehicle …
Shein US IPO hopes uncertain due to potential complications from Chinese regulators
Fast-fashion giant Shein is seeking the approval of China’s regulator to go public in the US, according to reports.
China securities regulator vows to strengthen long-term investment incentives
China’s securities regulator will strengthen incentives for “countercyclical investment” and guide institutions to practice long-term investment, it said on Friday, seeking to boost the country’s …
India and China Try to Outbuild Each Other Amid Looming Frontier War
India is rapidly expanding infrastructure along its border with China in a quest to catch up with its northern neighbor.
China ramps up financial support for technology companies
BEIJING, Jan. 12 (Xinhua) — The National Financial Regulatory Administration issued a circular on Friday, requiring greater efforts to improve financial services for tech companies.
China’s Exports Drop by 4.6% …First Time in Seven Years
Exports recovered in the second half of the year Imports fell as exports fell Automobile and ship exports rose 16% ↓ Exports to Taiwan and the Philippines fell 7.2% ↓ Exports to South Korea fell…
China Says It Brokered a New Ceasefire Between Myanmar’s Junta and Ethnic Guerrilla Groups
The new agreement was brokered at talks mediated by China, though a previously ceasefire pact was not honored by either side.
China’s Credit Expansion Slows in December on Lackluster Demand
China’s credit expansion was slower than expected in December, as weak business confidence continues to weigh on borrowing demand.
China is stealing growth by dumping its vast excess on the world
One cardinal fact governs the world economy today. China produces 31pc of global manufactured goods: it accounts for 13pc of total consumption. The rest of us must absorb China’s increasing excess …
China’s Loan Growth Falls to Record Low as Demand Struggles
A measure of loan growth in China increased at the slowest pace on record in December, as weak business confidence continues to weigh on borrowing demand.Most Read from BloombergGoogle Lays Off …
China’s 2023 bank lending at record high, but economy still struggling
New bank lending in China rose less than expected in December, but 2023 lending hit a new record as the central bank kept policy accommodative to support an unexpectedly shaky economic …
ADVERTISEMENT
