China’s foreign exchange reserves fell less than expected in January, official data showed on Wednesday, as the dollar rose against other major currencies. The country’s foreign exchange reserves – …
Monthly Archives For February 2024
China’s Jan New Yuan Loans Seen Surging on Policy Support
The People’s Bank of China (PBOC) usually releases data on bank loans, money supply and total social finance (TSF) between 10-15 of each month, but a central bank official said January data would be …
China’s famous ‘Harvard girl’ now finance professional with affluent US lifestyle, ignites debate about definition of success
Liu Yiting won a rare scholarship to a highly regarded US university, and great things were expected of her. Some say she has delivered, while others are disappointed.
Investors are hoping the power of Xi’s personal attention will rescue China’s floundering markets
China’s stock investors may finally be seeing a glimmer of hope. On Tuesday, Bloomberg reported that regulators led by the China Securities Regulatory Commission, or CSRC, will be meeting Chinese …
China’s clean technology is made of dirty metals
China: The country is likely to build the lion’s share of new renewable capacity. At the same time, it’s responsible for about a third of the world’s emissions — and its efficiency is worsening.
China’s economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official
China will find it hard to sustain a growth rate at 4% to 5% in the next few years, said Eswar Prasad, a Cornell professor and former IMF official.
Giraffes appear to be on a path to joining the ranks of Winnie the Pooh and Peppa Pig on Beijing’s internet watchlist
Giraffes aren’t outright banned on Weibo, but hashtags like #TheGiraffeIncident were blocked when the animals became the center of a wave of discontent.
Marketmind: Waiting for Beijing to get real on markets
A look at the day ahead in European and global markets from Wayne Cole. It’s been another session of China watching, with no one the wiser on whether Beijing’s latest efforts to rescue the stock…
Beijing’s butchers a glum bunch as Lunar New Year meat sales slow
The butchers in the Xinfadi wholesale food market, Beijing’s largest, slouch on stools behind counters stacked with meat, occasionally looking up from their smartphone videos to call out to the few …
Snowstorms disrupt Lunar New Year travel in China
Snowstorms and freezing rain have disrupted transportation in large parts of China as millions of people travel for the Lunar New Year holiday.Hundreds of flights and train services have been …
China’s top chipmaker SMIC cautious on recovery expectations; shares dip
China’s largest chipmaker SMIC said the global semiconductor industry was seeing some bright spots after a year-long slump, but growth would be mild as the demand recovery was insufficient to support …
China: Snowstorms spoil Lunar New Year travel for millions
Snowstorms and freezing rain have disrupted transportation in large parts of China as millions of people travel for the Lunar New Year holiday. Hundreds of flights and train services have been …
China to help electric vehicle industry respond to foreign trade restrictions
China’s commerce ministry urges the new energy vehicle industry to proactively address foreign trade restrictions and collaborate with international companies.