China’s exports likely returned to growth in April after contracting sharply in March, but the expansion is expected to be modest as factory owners wrestle with weak overseas demand and overcapacity …
Monthly Archives For May 2024
Has China sent a secret rover to Moon? Internet sleuths spot small device piggybacking Chang’e-6
After the successful launch of the spacecraft on Friday (May 3), the China Association for Science and Technology (CAST) released new photos of the lander, and internet sleuths were quick to spot a …
China’s Surging Industrial Loans Aren’t Going to Its Factories
As China’s industrial capacity emerged as a key trade issue, a surge in Chinese bank loans to the sector has often been cited as evidence that Beijing is engaging in a renewed manufacturing push that…
Global car giants seek tech allies in China’s cutthroat EV market
Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world’s biggest electric car market, where shiny smart screens, assisted driving …
Beijing 2024: Leapmotor C01 sedan, C10, C11, C16 SUVs shown; T03 compact EV likely to enter Malaysia?
There’s plenty of interesting metal that was shown at Auto China 2024 in Beijing this year to say the least, especially with products that will be arriving in Malaysia for the first time. One such…
Beijing to open new transportation hub this year
The comprehensive transportation hub of Beijing Chaoyang Station is set to be completed and operational in 2024. After its opening, railway passengers will be able to transfer directly to Subway Line …
In rapidly ageing China, millions can’t afford to retire
By Tingshu Wang, Laurie Chen, Kevin Yao and Farah Master BEIJING/HONG KONG (Reuters) – After three decades selling homemade buns on the streets of the Chinese city of Xian, 67-year-old Hu Dexi would …
Xi Jinping banking on Hungary and Serbia in face of growing China-Europe tensions
Meeting with Serbian President Aleksandar Vučić expected to be heavy on symbolism as it coincides with 25th anniversary of Nato’s bombing of China’s embassy Hungary offers another ‘safe’ destination …
China Policy Banks Pay Back PBOC at a Record Pace, Turn to Bonds
As the Chinese bond market undergoes a powerful rally, the nation’s so-called policy banks are turning away from the People’s Bank of China as a source of funding and rushing to raise debt instead.
China’s Surging Industrial Loans Are Going to the Wrong Places
As China’s industrial capacity emerged as a key trade issue, a surge in Chinese bank loans to the sector has often been cited as evidence that Beijing is engaging in a renewed manufacturing push that…
China’s Xi in Serbia for talks to boost economic ties
Serbian finance minister Sinisa Mali told state broadcaster RTS that discussions Wednesday would centre on “a great project”. “We are aiming to attract a major investment from China in a very …
China-West divide threatens ‘reversal’ for global economy, IMF official warns
A high-level official with the International Monetary Fund has said if divisions persist between China and the West, the damage that would be done to the global economy would be considerable.
With onsite inspections, China dials up scrutiny of local market IPO hopefuls
Chinese regulators are scrutinising old business deals and even the personal bank accounts of senior executives as they ramp up inspections of IPO hopefuls to slow the pace of fresh capital raisings …