China’s consumer prices marked their longest streak of declines in more than a decade, threatening a deflationary spiral that may require more government support to reverse.Most Read from …
Monthly Archives For January 2024
The Strategic Implications of China’s ‘Divine Dragon’ Spaceplane
In December 2023, China launched its Shenlong (Divine Dragon) military spaceplane. The craft was designed by the China Academy of Launch Vehicle Technology (CALT). China had previously tested …
China’s Consumer Prices in Longest Streak of Declines Since 2009
China’s consumer prices dropped for a third straight month in December, a sign of weak domestic demand that’s leading economists to call for more stimulus.Most Read from BloombergGoogle Lays Off …
China posts higher-than-expected exports growth in December
China’s exports beat expectations in December, but failed to offset an overall decline for 2023, customs data showed Friday.
China trade: exports end 2023 with 2.3% rise in December, but global slowdown looms
China’s exports rose by 2.3 per cent in December compared to a year earlier, while imports rose by 0.2 per cent year on year last month World Bank predicts the global economy will see its…
China Customs: 2023 exports and imports of goods are better than expected
China’s Customs is out with the country’s annual exports and imports data for 2023, noting that “China’s 2023 exports and imports of goods are better than expected.” At the time of writing, AUD/USD is …
China’s imports of Mongolian coal set to rise as transport improves
China’s imports of Mongolian coking coal may rise to a record in 2024, after more than doubling in 2023, on improving transport links and its lower price versus domestic and international supplies, …
China’s foreign trade up 0.2% year-on-year to 41.76 trillion yuan ($5.83 trillion) in 2023
In 2023, China’s foreign trade grew 0.2% year-on-year to 41.76 trillion yuan ($5.83 trillion), showing strong resilience amid sluggish global demand, supply chain blockade and rising geopolitical …
China, US extend key agreement on fighting cultural relic theft, illegal trade
China and the United States have extended a key intergovernmental agreement on combating the theft of and illegal trade in cultural relics, the National Administration of Cultural Heritage announced …
World Street | Crypto ETF milestone; Red Sea strikes; Google layoffs; Tesla’s China price cuts; AI battleground; Microsoft’s brief market crown
From the US SEC approving 11 spot bitcoin ETFs, military strikes in the Red Sea to Google layoffs and Tesla’s price adjustments in China, here’s a look at some of the developments from the world…
China cities buy housing with PBOC-tied loans, local media says
SOME Chinese cities are taking advantage of low-cost funds from the country’s central bank to purchase unsold homes and convert them to rental housing, a local media report showed, in a sign …
China urged to stay consistent with policies to prevent confusion, ensure private-sector growth
said in an article published in the January issue of China Finance magazine. 03:47 ‘Door to China-US relations will not be closed again’: Xi Jinping offers assurances to US businesses ‘Door to …
China is open to contact, talks with Canada, foreign minister says
China does not want a continuation of the “current difficult situation” in relations with Canada, China’s foreign minister told his Canadian counterpart during a phone call, the Chinese foreign …