China’s central bank held its key rate, rolling over medium-term loans amid uncertainties about the Fed’s plans, constraining Beijing’s monetary policy options.
Monthly Archives For February 2024
China cashes in on vibrant Spring Festival holiday spending
Domestic tourists have spent about 632.69 billion yuan in total, up 7.7 percent from the same holiday period in 2019. China Unicom’s data showed that compared with 2019, the traffic volume of people …
China’s economic powerhouses target top-tier industrial tech in national ‘high-quality growth’ drive
Premier Li Qiang calls for ‘quick results’ on tackling the country’s economic problems Officials in Guangdong, Shandong, Anhui and Liaoning convene meetings to find ways to boost investment and …
China central bank leaves key policy rate unchanged
SHANGHAI: China’s central bank has left a key policy rate unchanged as expected when rolling over maturing medium-term loans, with uncertainties around the timing of an easing by the US Federal …
China will showcase its domestic jetliner at the Singapore Airshow. Here’s what else to expect
Touted as a rival to Boeing’s 737 and the Airbus 320, the Comac C919 is quickly turning out to be one of the most anticipated features at the Singapore Airshow. The Singapore Airshow will feature…
China’s BYD plans to launch high-end luxury models from this year
China’s BYD (002594.SZ), opens new tab said it plans to launch a number of high-end luxury models from this year. The automaker also announced an action plan to “improve quality and returns”, it said …
Los Angeles finally tackles $1.5 billion eyesore ‘graffiti towers’ left vacant by China real-estate bust, beloved by daredevil influencers
Locally dubbed the “graffiti towers,” they are a project of China Oceanwide Holdings, a real-estate developer that is being wound up (i.e., liquidated) in Hong Kong, according to a January filing with …
Thousands flock to Beijing’s rejuvenated temple fairs
[JIANG DONG/CHINA DAILY] A strong sense of nostalgia permeated temple fairs held across Beijing during the Spring Festival holiday this year. Children could be seen sitting on the shoulders of their …
FBI director warns China’s computer attacks are now at a ‘scale greater than we’d seen before’ as vulnerable critical infrastructure remains at high-risk to be targeted
China’s cyber attacks have grown to a ‘scale greater than … He said Beijing’s plan to secretly plant technology inside the US critical infrastructure has become a significant threat to national …
China Says This Coin-Sized Nuclear Battery Can Last Up To 50 Years
Now, China says they’re upping the game with a small, coin-sized battery capable of lasting five entire decades. The tiny nuclear battery is 15 x 15 x 1.5mm and generates enough energy to power a…
Hong Kong and other Greater Bay Area cities pledge more cooperation as Beijing’s cross-border powerhouse plan marks fifth anniversary
The officials were exploring ways to fine-tune Beijing’s plan to create a cross-border economic powerhouse by linking 11 cities and more than 86 million people on the fifth anniversary of the …
Florida Sen. Marco Rubio Targets IPO Of Online Retailer SHEIN To Protect US Investors
Sen. Marco Rubio has demanded that U.S. financial regulators cast a wary eye on an upcoming initial public offering by the popular online fashion retailer SHEIN, saying its information for investors …
Marketmind: On a roll, China open again
A look at the day ahead in Asian markets. China’s markets open on Monday after the Lunar New Year holiday, with investors hoping positive momentum across the region last week can continue despite …
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