Exports in August expanded by 8.7% to $308.65 billion compared to the same period last year, according to data released by China’s customs office Tuesday, beating economists’ estimates of about 6.5%. The export figures for…
Monthly Archives For September 2024
China, US Senior Military Leaders Hold Video Call: Beijing Defence Ministry
Senior military officials from China and the United States held a video call on Tuesday, Beijing’s defence ministry said, during which they had “an in-depth exchange of views on issues of common concern”.
US military warns Beijing against ‘dangerous’ South China Sea moves in talks
senior US military official warned his Chinese counterpart against Beijing’s “dangerous” moves in the South China Sea during the first talks of their kind between the commanders. Washington and Beijing remain at odds on issues…
China auto suppliers and EV makers flood major trade fair in Germany
Nearly 900 Chinese auto suppliers and a handful of EV makers are showcasing their products at a trade fair in Frankfurt as the country’s car sector defies looming trading barriers to expand its global footprint…
China will stay in deflation if there is no ‘meaningful recovery’ in the property sector: ANZ
Raymond Yeung, ANZ’s chief economist for Greater China, explains that weak domestic demand and exports running into overcapacity has contributed to the deflationary environment in China. He warned …
China will stay in deflation if there is no ‘meaningful recovery’ in the property sector: ANZ
Raymond Yeung, ANZ’s chief economist for Greater China, explains that weak domestic demand and exports running into overcapacity has contributed to the deflationary environment in China. He warned …
China Property Shares Plunge After Removal From Stock Connect
Shares of some Chinese developers dropped in Hong Kong after they were made inaccessible to investors in the mainland, marking another setback for the beleaguered sector.
China urged to spend up to $1.4tn to battle deflation
China needs to spend up to Rmb10tn ($1.4tn) over two years in stimulus funds to reflate its economy and return it to sustainable growth, investment bank economists said, as concerns grow that …
China Dives Back Into Euro Debt Market Amid Likely ECB Rate Cut
(Bloomberg) — China is returning to the international debt market after … Campus The Plan for the World’s Most Ambitious Skyscraper Renovation The Ministry of Finance announced it will issue up to …
China’s exports top forecasts, imports disappoint amid depressed domestic demand
China’s exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a growing number of trade partners, while …
IPO-bound Ather Energy’s cost of imports from China went up to 28% in FY24
Electric two-wheeler maker Ather Energy’s cost of imports from China went up 28 percent, or around Rs 442 crore, in the financial year 2023-24 even as it sourced the remaining 72 percent of the …
Apple’s AI gap in new iPhones disappoints China users as Huawei threat looms
Apple’s new iPhone launch drew scorn on Tuesday for its lack of artificial intelligence features in China, a challenge for the U.S. giant as it battles growing competition from Huawei Technologies (HWT.
China’s foreign trade still very resilient: DBS Bank
Mo Ji, chief China economist at DBS Bank, expects August China trade data to moderate alongside the weakening of the country’s economy.
