China’s economic growth slows in second quarter ahead of third plenum – China says its economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter …
Monthly Archives For July 2024
Philippines braces for Taiwan fallout as ‘bolder’ Japan challenges Beijing
Manila and Tokyo signed a landmark pact allowing troop deployment on each other’s soil. Neither US ally is on the best terms with Beijing Tensions are reaching a boiling point in the Asia-Pacific, and the…
Beijing policy summit ‘more Chinese medicine than shock therapy’
China-watchers and investors are doubtful the Third Plenum policy gathering in Beijing will throw up any comprehensive reform.
Stock market today: Asian shares are mixed as China reports its economy grew 4.7% in last quarter
Asian shares began the week trading mixed as China reported that its economy expanded at a slower-than-forecast 4.7% annual pace in the last quarter. Markets seemed to take in stride a shooting at a rally…
China June new home prices fall at fastest pace in 9 years
China’s new home prices fell at the fastest pace in nine years in June, official data showed on Monday, with the battered sector struggling to find a bottom despite government support measures to control oversupply…
China’s property investment drops 10.1% y/y in January-June
Property investment in China fell 10.1% in the first half of 2024 from a year earlier, matching a figure in January-May, suggesting the sector is still not out of the woods despite mounting policy support.
Just 19 out of 137 Chinese EV brands to stay profitable by 2030 due to brutal price war – AlixPartners report
According to a report global consulting firm AlixPartners, just 19 of China’s 137 current electric vehicle (EV) brands stand to remain profitable by the end of 2030. The report, which was cited by …
China blacklists six American firms
The Ministry of Foreign Affairs of China in a statement announced that Beijing has sanctioned six American companies active in the arms industry and several of their executives.
Weekly news roundup: Chinese brands dominate domestic smartphone and TV markets; Taiwan fab toolmakers grab major orders
Weekly news roundup: Chinese brands dominate domestic smartphone and TV markets; Taiwan fab toolmakers grab major orders …
Asiaray is Granted Exclusive Concession Rights for Media Resources in Nine Shenzhen Metro Lines
Asiaray Media Group Limited (“Asiaray” or the “Group”; stock code: 1993), an outstanding out-of-home (“OOH”) media company with a strategic focus on mega transport advertising media management, …
China’s economy slows in second quarter as weak consumer demand drags on growth
BANGKOK — China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in factory output, income and …
China’s Communist Party meets to set direction for troubled economy
After months of unexplained delay, top officials from China’s ruling Communist Party are gathering in Beijing this week to signal the direction forward for the world’s second largest economy as it …
China’s economy slowed in the last quarter as weak consumer demand dragged on growth
BANGKOK — (AP) — China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in factory output, …
