Despite a series of measures aimed at bolstering the struggling property sector, Chinese markets saw a decline on Friday. This decline coincided with a forecast by the International Monetary Fund (IMF …
Monthly Archives For February 2024
Int’l brands embrace Chinese market by tapping into ‘Year of the Dragon’
As the Chinese Lunar New Year, or the Spring Festival, approaches, numerous international brands have tapped into Chinese zodiac culture and unveiled Year of the Dragon limited edition products to …
Is China’s economy in serious trouble?
Chinese officials signal their concerns by taking measures aimed at reviving growth and steadying markets.
China Academic Calls for $1.4 Trillion Stock Stabilization Fund
China should set up a stocks stabilization fund as soon as possible to boost market confidence, with an aim to get its size to 10 trillion yuan ($1.4 trillion) or more, according to an academic…
Japanese executive hails ‘do first’ as secret to business success in China
Akihiro Fukaishi, from Japan, is the chairman and president of Epson China. As a business executive, Fukaishi has experienced first-hand the rapid changes of the Chinese market. In order to keep pace …
China continues to strengthen financial sector’s role in serving real economy
In 2023, China’s outstanding yuan-denominated loans issued to the real economy surged 10.4 percent to 235.48 trillion yuan, accounting for 62.3 percent of the total outstanding social financing of 378 …
IMF: China’s economic recovery on target
The International Monetary Fund said that China’s economic activity recovered broadly in line with the authorities’ growth target of around 5 percent. It projected China’s GDP growth to be 4.6 percent …
China’s Wuxi AppTec says it should not be ‘company of concern’ in draft US biotech bill
BEIJING, Feb 4 (Reuters) – China’s WuXi AppTec (603259.SS), opens new tab said … group said in a filing to the Shanghai Stock Exchange that it has no human genomics business and does not collect…
‘We need to win’ AI race against Beijing, House China Committee member warns
Rep. Carlos Gimenez, who sits on the House select committee on China, is warning the U.S. not to fall behind Beijing in the race to dominate artificial intelligence innovation.
Fast-fashion retailer Shein faces dozens of lawsuits as it eyes Wall Street IPO: report
Shein, which apparently has aspirations to list shares on Wall Street, has had nearly 100 copyright cases filed against it to date, the Financial …
Ai Weiwei says censorship in West has become ‘exactly the same’ as in Mao Zedong’s China
Political censorship in the West today is “exactly the same” as it was in China under leader Mao Zedong, artist Ai Weiwei has said. The 66-year-old told Sky’s Sunday Morning With Trevor Phillips that “society…
China Focus: Int’l brands embrace Chinese market by tapping into “Year of the Dragon”
HAIKOU, Feb. 4 (Xinhua) — As the Chinese Lunar New Year, or the Spring Festival, approaches, numerous international brands have tapped into Chinese zodiac culture and unveiled Year of the Dragon …
China’s daily border entries and exits expected to reach pre-pandemic numbers during Spring Festival
The daily average border crossings are predicted to be 83,000 at Shanghai Pudong International Airport, 39,000 at Guangzhou Baiyun International Airport, 36,000 at Beijing Capital International …