The 4th Beijing-Zhangjiakou Sports, Culture and Tourism Belt Development Exchange Activity is held in Zhangjiakou city, Hebei province, July 20, 2024. [Photo provided to chinadaily.com.cn] The 4th Beijing-Zhangjiakou Sports, Culture and Tourism Belt …
Monthly Archives For July 2024
Taiwan June export orders miss forecast, China demand weakens
Taiwan’s export orders rose less than expected in June on weak demand from the island’s top trading partner China and for laptops and mobile phones, even as chips saw continued strength from a boom in…
China’s Fiscal Revenue Shrinks 2.8% on Year in First Half
BEIJING (Reuters) – China’s fiscal revenue slid 2.8% in the first half of 2024 from a year earlier, unchanged from a 2.8% fall in the January-May period, official data showed on Monday, as prolonged …
China to review anti-dumping measures on stainless steel imports from EU, UK, ROK and Indonesia: commerce ministry
BEIJING — China’s Ministry of Commerce announced Monday that it will launch an expiry review of anti-dumping measures aimed at stainless steel billets and hot-rolled stainless steel plates and coils …
China to extend tariff exemptions for some US imports until 2025
SINGAPORE (Reuters) -Nvidia is working on a version of its new flagship AI chips for the China market that would be compatible with current U.S. export controls, three sources familiar with the matter …
Economic Survey on China: ‘Can India fill manufacturing gaps left by Beijing?’
The dynamics of India-China economic relations continue to be “extremely complex and intertwined”, the Survey noted.
China to allow delayed retirement to combat population woes
China will gradually raise its statutory retirement age, now among the world’s lowest, to allow people to work longer, as it struggles to relieve soaring pressure on pension budgets, with many …
China faces growing scepticism over its commitment to decade-old policy pledges
As imbalances in China’s economy deepen, pressure is growing on Beijing to deliver on the decade-old policy promises it revived at an agenda-setting leadership meeting last week, having failed to …
Mystery bond buyer clears major China developer’s debt at 90 per cent discount
China Fortune Land Development’s debt default in 2021 marked the beginning of the country’s property crisis. Read more at straitstimes.com.
China cuts key interest rate after Xi’s top meet disappoints
China’s property crisis – where a toxic mix of over-building, poor sales, falling values and heavy debts have driven some of the biggest developers into insolvency – has undermined the financial …
Summer of devastating floods shows steep challenge for China as it grapples with extreme weather
Widespread flooding underscores major challenges for Beijing as emergency response becomes a regular occurrence – and as climate change drives more extreme weather.
China’s central bank cuts a key interest rate, moving to revive property sales and put more pep into its slowing economy
China’s central bank cuts a key interest rate, moving to revive property sales and put more pep into its slowing economy …
China’s central bank cuts interest rates, moving to put more pep into the economy
China’s central bank has cut both its five-year loan prime rate and its one-year rate, moving to revive its ailing property sector and rev up the slowing economy. The five-year …
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