China is considering approving next week the issuance of over 10 trillion yuan ($1.40 trillion) in extra debt in the next few years, Reuters reported on Tuesday, which would primarily be used to help …
Monthly Archives For October 2024
South Africa looks to Africa and China ties as global trade fences go up
South Africa’s trade minister said his country is pursuing more robust trade and investment ties within the continent and with China – its biggest trade partner – as the global trade environment …
China Home Sales Slump Eases as Stimulus Boosts Buyer Morale
China’s residential property sales rose in October, the first on-year increase of 2024, as the government’s latest stimulus blitz brought back buyers.
EU Officials to Visit Beijing to Discuss EV Tariffs
The European Union will send officials to Beijing to discuss EV tariffs. Take a deep dive into the aftermath of Rachel Reeves’ first UK budget. And see why Swiss watchmakers are listening to social …
China’s Central Bank Pumps Liquidity Into Banking System — 2nd Update
China’s central bank injected roughly $70 billion of liquidity into the country’s financial system via a new policy tool in October, part of Beijing’s efforts to bolster the economy.
China’s central bank injects cash via new outright reverse repos in October
China’s central bank has injected 500 billion yuan ($70.24 billion) into its banking system during October through a new reverse repurchase tool announced earlier this week, the bank said on Thursday.
Why China needs to fill its empty homes
I f not another flat was built and sales continued at their current pace, it would take eight years to sell all the homes lying dormant around Luoyang, a city of 7m in central China.…
China Warehouse and Storage Market Assessment 2024-2028: Demand Insights & Projections for Manufacturing, Healthcare, Chemicals, and Other End-users
This study identifies the rise of multistoried warehouses as one of the prime reasons driving the warehouse and storage market in China growth during the next few years. Also, increasing number of …
China’s central bank conducts 500 billion yuan of outright reverse repos in October
China’s central bank said on Thursday it conducted 500 billion yuan ($70.24 billion) of outright reverse repurchase agreements in October. The tenor of the reverse repos was six months. Separately, …
The US is on the cusp of a lithium boom to loosen China’s grip on EVs
The Biden administration is encouraging US lithium mining through a mix of loans, grants, and tax breaks.
How China sees the U.S. presidential election: ‘It’s high political drama’
TAIPEI, Taiwan — It’s one of the rare points of agreement between the U.S. presidential candidates: China is a major threat to the United States. Both Kamala Harris and Donald Trump have campaigned …
China and U.S. race to solve the mystery of neutrinos, ‘ghost particles’ of the universe
China is building a facility to measure neutrinos — mysterious subatomic particles. It’s the first of three neutrino observatories expected to open worldwide in the next decade.
Smartphone maker Honor announces investment from China Telecom and CICC Capital Corp
Former Huawei Technologies (HWT.UL) unit Honor announced on Thursday it had received an undisclosed investment from partners including China Telecom and a unit of CICC Capital Corp.
