German arms producers will need help from the government if they are to reduce their dependency on Chinese materials and still be able to compete with U.S. companies, Germany’s defence industry …
Monthly Archives For May 2024
China Eases Mortgage Rules in Latest Push to Aid Property Sector
Beijing has eased mortgage rules and urged local governments to buy unsold houses in some of policymakers’ boldest moves yet to revive the property sector.
China science, technology news summary — May 17
The following is a summary of published science and technology news of China BAOBAB TREES EVOLUTION A collaborative effort between Chinese and intern
Xi Jinping and Vladimir Putin pledge to develop even closer China-Russia ties in energy and finance
Bilateral trade, an important lifeline to Russia since it invaded Ukraine, is already at a record US$240 billion, with China its largest customer for crude oil.
Hugs but not the full socialist-era kiss for Putin, Xi in Beijing
A vaunted ‘new era’ of strategic partnership between Russian President Vladimir Putin and his counterpart Xi Jinping begun in Beijing on Thursday may not exactly have been sealed with a kiss, but it …
China Says It Will Start Buying Apartments as Housing Slump Worsens
Signaling growing alarm, policymakers ramped up their efforts to stem a continued and steady decline in real estate values.
China Embedded Finance Business Report 2024: A $158.96 Billion Market by 2029 – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments
Dublin, May 17, 2024 (GLOBE NEWSWIRE) — The “China Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2024 …
China Is Finally Getting Serious About a Housing Rescue
China’s property crisis is expected to worsen as new home sales plummet and indebted developers struggle to find funds to complete projects. WSJ’s Jonathan Cheng traveled to an abandoned “ghost town” …
China issues first batch of ultra-long special treasury bonds
BEIJING – China issued 40 billion yuan ($5.63 billion) of ultra-long special treasury bonds with a term of 30 years on Friday, the first batch of its 1 trillion yuan of such bonds planned for…
Russia and China to sign Power of Siberia-2 gas pipeline contract ‘in near future’, says Novak
Russia and China expect to a sign a contract “in the near future” on the Power of Siberia-2 gas pipeline, which will carry Russian gas to China, Russian Deputy Prime Minister Alexander Novak was cited…
China Consumption and Investment Slow Unexpectedly
Consumption and investment in China slowed unexpectedly in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.
China induces new measures to fix property crisis, after data shows house prices down nearly 10% this year
Among other things, the central bank said it would reduce the minimum down payment for mortgages and remove the floor on interest rates for first and
China to let local governments buy homes, cut mortgage rates to revive property sector
China will allow local government authorities to buy some homes at “reasonable” prices to provide affordable housing, Vice Premier He Lifeng told an online meeting on housing policy on Friday, the …
