China will ensure a smoother process for companies that want to list shares overseas, a senior official at the securities regulator said. Chinese companies such as Alibaba once flocked to list in New …
Monthly Archives For January 2024
China Says It Just Brokered a Ceasefire Between Myanmar’s Junta and Ethnic Guerrilla Groups
The new agreement was brokered at talks mediated by China, though a previously reported ceasefire was not honored by either side.
US Allies, Wary of China Threat, Look to Taiwan To Keep the Peace
During a trilateral dialogue in Washington, D.C., last week, officials from the U.S., South Korea, and Japan “reaffirmed the importance of peace and stability across the Taiwan Strait as indispensable …
Exclusive: EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source
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 (EV) makers, …
China Dec new bank loans rise to 1.17 trln yuan, but miss forecast
Chinese banks extended 1.17 trillion yuan ($163.31 billion) in new yuan loans in December, up from November but falling short of analysts’ expectations. Analysts polled by Reuters had predicted new …
Expect ‘stagnant’ Chinese structure finance market in 2024: S&P
China’s structured finance market is expected to be stagnant during 2024, according to a report by S&P Global Ratings. The ratings agency expects overall issuance to stay flat in the next 12 months, …
China exports rise 2.3% in December, as consumer prices fall a third straight month
Deflationary pressures are persisting in China, where consumer prices fell a third consecutive month, though exports grew.
China pledges to set up annual greenhouse gas inventory
China said it plans to take an annual inventory of its greenhouse gas emissions as it tries to boost its carbon trading capability and ensure it meets its climate targets.The government aims to “compile a…
Tesla reportedly cuts prices of two models in a tough China market where BYD rules
Tesla Inc. has reportedly reduced prices on two models in China, where it faces stiff competition from rivals such as BYD and is grappling with a continued difficult economic backdrop. China’s economy has struggled to…
China imported 9.82 mln tonnes of soy in December
China, the world’s largest soy buyer, imported 9.82 million tonnes of soybeans in December, up 24.0 % from 7.92 million tonnes in November, figures from the General Administration of Customs of China …
Exclusive: China’s Harvest Fund cuts Hong Kong staff in pullback from offshore business, sources say
Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third of its staff at its Hong Kong unit as the leading Chinese asset manager pulls back from foreign business …
China c.bank set to cut key rate, boost liquidity Monday to aid economy
SHANGHAI/SINGAPORE, Jan 12 (Reuters) – China’s central bank is expected to ramp up liquidity injections and cut a key interest rate when it rolls over maturing medium-term policy loans on Monday, as …
Economic Watch: Low-altitude economy takes off in China’s Shenzhen
At the end of 2023, Shenzhen issued 20 specific support measures for the low-altitude economy, including ones nurturing enterprises in the supply chain, encouraging technological innovation, expanding …
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