It hopes to extract more value from its estimated $284 billion worth of minerals crucial for high-tech use. Read more at straitstimes.com.
Monthly Archives For March 2024
Agni-5 is a counter to China’s nuclear expansion, but India can’t stop at MIRVing
While Multiple Independently Targetable Re-entry Vehicle, or MIRV, technology is not an absolute necessity, it does give India additional options, especially in the face of China’s rapidly expanding …
Asia shares up on China data, await clutch of central bank meetings
Asian shares firmed on Monday as Chinese data surprised on the upside for once, while investors looked to navigate a minefield of central bank meetings this week that could see the end of free money…
China Growth Mixed as Factory Output Jumps, Consumption Lags
China’s economic growth was buoyed by strength in factory output and investment at the start of the year, while a revival in consumption continues to show more muted progress.Most Read from BloombergP …
Amid fierce competition in China’s EV market, Xpeng to launch cheaper brand
Competition in China’s EV market has intensified as companies race to cut prices, with market leader BYD spearheading a deeper round of price reductions. Xpeng said it will successively introduce …
China Turns on the Charm for Foreigners but Its Allure Has Faded
China’s government is rolling out a charm offensive to lure back foreigners, part of an effort to shed years of pandemic-induced isolation that is sapping the world’s second-largest economy.It’s a …
China’s factory output, retail sales beat expectations in first two months of the year
BEIJING: China’s factory output sped up in the January-February period and beat expectations, marking a solid start for 2024 and offering tentative relief to policymakers who are seeking to shore up …
China’s upbeat industrial output, retail sales tempered by frail property
China’s factory output and retail sales beat expectations in the January-February period, marking a solid start for 2024 and offering some relief to policymakers even as weakness in the property …
China’s Economic Activity Rebounded Moderately
Economic activity in China rebounded moderately in the first two months of the year, as industrial production and investment growth beat market expectations.
China’s Jan-Feb property investment falls 9.0% y/y
Property investment in China slid 9.0% year-on-year in the first two months of 2024, compared with a 24.0% fall in December 2023, National Bureau of Statistics (NBS) data showed on Monday. Property …
China Jan-Feb industrial output, retail sales beat expectations
China’s factory output sped up in the January-February period and beat expectations, marking a solid start for 2024 and offering tentative relief to policymakers who are seeking to shore up faltering …
China kicks off the year on strong note as retail, industrial data tops expectations
BEIJING — China on Monday reported economic data for the first two months of the year that beat analysts’ expectations. Retail sales rose 5.5%, better than the 5.2% increase forecast in a Reuters’ …
China Jan-Feb industrial output rises 7%, beats expectations
China’s industrial output grew 7.0% year-on-year in the January-February period, data showed on Monday, accelerating from the 6.8% pace seen in December and beating expectations, marking a solid start …
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