Lan Fo’an, China’s finance minister, said on Wednesday that Beijing would “gradually reduce risks” of local government debt by cutting the number of LGFVs and pushing local governments to sell …
Monthly Archives For March 2024
China’s love affair with Apple and Tesla hits rocky patch
Apple and Tesla cracked China, but now the two largest US consumer companies in the country are experiencing cracks in their own strategies as domestic rivals gain ground and patriotic buying often …
China’s exports top forecasts as global demand returns
China’s export and import growth in the January-February period beat forecasts, suggesting global trade is turning a corner in an encouraging signal for policymakers as they try to shore up a …
Hundreds of Hong Kong trekkers head to Shenzhen for free guided hike as part of cross-border activities aimed at boosting tourism
Hundreds of Hong Kong trekking enthusiasts embarked on a free and guided hike in neighbouring Shenzhen on Sunday, as part of its ongoing efforts to attract tourists from the city by arranging …
China ready to let some troubled property firms go bust: housing minister
Beijing will strive to stabilise China’s property market in the midst of a debt crisis and “systemic risks”, while allowing some troubled real estate developers to go bankrupt or be restructured, the …
A closer look at economic potential behind China’s growth target
In 2023, China’s economy grew by 5.2 percent, with the corresponding economic growth in volume exceeding 6 trillion yuan (around 845.33 billion U.S. dollars) in comparable prices. Such an increase in …
Xi Sticks to His Vision for China’s Rise Even as Growth Slows
China’s leader, Xi Jinping, believes his vision for technological dominance will keep powering the country’s ascent while the West recedes.
How China’s boarding schools are silencing Tibet’s language
China has expanded the use of boarding schools – for children as young as four – and replaced Tibetan as the main language of tuition with Chinese. Beijing says these reforms give …
Consumer Sales in China Are Still a Trouble Spot for This Dividend King. Here’s What to Watch Out for Before You Buy the Stock
Hormel’s business turned for the better in the fiscal first quarter of 2024, but China is still not performing as well as hoped.
In post-COVID China, masks off, but Xi’s tight control persists: Report
For the first time in four years, thousands of delegates attending the annual meetings of the national legislature, China’s top political advisory body, did not have to wear face masks or observe …
China wants more skilled workers, ‘top-notch innovators’ to create new growth
BEIJING – China will step up the training of skilled workers, even as it embarks on education reforms to cultivate “top-notch innovators” to create new sources of growth for a slowing economy.
China extends visa-free entry to more countries; check if India is on the list
Under the trial program, visa-free entry will be granted for up to 15 days and will remain in effect for one year. Despite the lifting of strict pandemic measures and quarantine requirements for …
1st LD-Writethru: China to make proactive preparations for future pandemics: health official
BEIJING, March 9 (Xinhua) — China will draw on the experience of COVID-19 prevention and control, and make proactive preparations for future pandemics such as “Disease X,” which the World Health …
