Investors are not sure about the economy, confidence is not high and they want the Chinese government to take steps to drive growth, Deloitte’s Stanley Lah says.
Monthly Archives For August 2024
TopBrand 2024 Top 500 Global Brands List released, with Apple as defending champion
The 18th China Brand Festival was held during August 7th-10th, 2024 in Guangzhou. The theme of this brand festival is “New Quality and Breakthrough”. More than 8,000 guests gathered in the business …
Trump’s plan to unleash LNG exports runs through China
The former president’s energy policies could increase liquefied natural gas sales to a country he bashes on the campaign trail.
China Mobile tops 1B user milestone
China Mobile, the largest mobile player in the world by connections, surpassed the 1 billion subscriber mark at the end of Q2 with the company adding nearly 9.3 million new subs year-on-year. The …
Exclusive: China issues new gold import quotas after pause
The PBOC did not immediately respond to Reuters’ request for comment. China has a history of curtailing gold import quotas for several months when the yuan currency is weak against the dollar. However …
China widely expected to keep lending benchmark LPRs unchanged in Aug
SHANGHAI: China is expected to leave benchmark lending rates unchanged on Tuesday, a Reuters poll showed, after policymakers surprised global markets by trimming a string of key interest rates in July …
U.S., China sign agreement to cooperate on financial stability
The U.S. and China last week signed agreements for cooperating on financial stability, according to a People’s Bank of China readout Monday.
China accuses the Philippines of deliberately crashing one of its ships into a Chinese vessel
China’s coast guard has accused the Philippines of deliberately crashing one of its ships into a Chinese vessel near Sabina Shoal, a new flashpoint in the territorial disputes in the South China Sea.
Chinese and Philippine Vessels Collide in South China Sea
Chinese and Philippine vessels collided on early Monday in the disputed South China Sea, according to officials from the two countries. China’s coast guard blamed the Philippines for the incident near …
The China Hangover Is Here
In the 2000s, former President Hugo Chávez of Venezuela bet his country’s economic future on a rising China, securing tens of billions of dollars in investments and loans-for-oil deals. It paid off at …
CN State Council Plans to Require Intermediaries Not Link Fees Amt to IPO Results
The Ministry of Justice of China, together with the Ministry of Finance (MOF) and the China Securities Regulatory Commission (CSRC), drafted the “Regulations of the State Council on Regulating the …
Businesses Are Already Girding for Next Phase of the U.S.-China Trade War
Alarmed by the prospect of increased tariffs on Chinese goods if Donald Trump is elected, some American companies are stockpiling parts and delaying expansions.
China limits exports of antimony that’s used in nuclear weapons, EV batteries
China’s recent restrictions are part of a series of measures introduced since last year. In December 2023, China expanded its export bans to include technology for producing rare earth magnets, adding to an existing ban…
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