The data suggest continued tepid borrowing demand from corporates and households.
Monthly Archives For April 2024
Economists weigh pros and cons of Trump plan for 60% tariff on China
Economists debate the pros and cons of former President Trump’s proposed 60% tariff on all Chinese imports, which could raise prices on American business and consumers.
China Wages Snap Three-Quarter Slide, Signaling Upturn in Labor
Wages offered to new hires in China snapped three quarters of decline in the first three months of this year, suggesting an improvement in the labor market that could boost consumer spending in the …
China gave BYD an incredible $3.7 billion to ‘win’ the EV race
China has been heavily subsidizing its green tech sectors. But BYD is a favorite child of the bunch, receiving subsidies to the tune of “at least” $3.7 billion, according to a new German study.
Banning The Shein IPO Is Un-American
Banning a U.S. IPO for Shein sends a concerning message about America’s commitment to disclosure-based capital markets and leadership in championing innovative companies.
Airlines urge Biden administration to cap number of U.S.-China flights
The biggest players in the American commercial aviation industry asked the Biden administration to restrict the number of flights between the United States and China.
China body says EU electric vehicle probe is stacked against Chinese producers
The European Union’s investigation into electric vehicles is stacked against Chinese manufacturers, not transparent and in violation of global trading rules, even before its outcome is known, a …
US airlines ask Biden to ban additional flights to China, cite America’s ‘competitive disadvantage’
Lobbying group Airlines for America argued that Beijing’s “existing harmful anti-competitive policies” hurts US airlines and its workers.
China Issues Demands to US Ally Over Disputed Territory
Philippine President Maros denied knowledge of his predecessor’s alleged “gentlemen’s agreement” with China on disputed waters.
China’s fiscal revenue down 2.3 pct in first two months of 2024
China’s fiscal revenue fell 2.3 percent year-on-year in the January-February period, but rose 2.5 percent after adjusting on comparable basis, Deputy Finance …
China reportedly orders state-owned mobile carriers to replace foreign chips
Back in 2019, the FCC banned US carriers, which were then starting to deploy their 5G networks, from using subsidies to buy equipment from companies deemed a national security threat. Chinese …
China looks to strengthen regulation in capital market
The China Securities Regulatory Commission has announced to elevate IPO requirements, tighten delisting rules and strengthen the oversight of quantitative trading in a set of policy documents on …
The West urges China to intervene with Iran amid fears of a direct attack on Israel
Iran’s Supreme leader Ayatollah Ali Khamenei said Israel “should be punished and will be punished” for the death of seven top Iranian officials in Damascus.
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