Milk is “indispensable for a healthy China and a strong nation”. So said officials in 2018 when they launched a campaign to supercharge the country’s dairy industry. They wanted to boost China’s food …
Monthly Archives For October 2024
Hong Kong snaps six-day winning streak as China stimulus rally fizzles
Markets in mainland China will remain closed until Oct. 8 for a week-long holiday and South Korea will be shut Thursday for National Foundation Day.
China ready for US$1.4 trillion fiscal bazooka, top economist says
A leading economist in China said the country has room to ramp up fiscal support for the economy by issuing as much as US$1.4 trillion in special debt, reflecting rising expectations for Beijing to …
‘China ready for $1.4 trillion fiscal bazooka’
China could boost its economy by issuing up to 10 trillion yuan in special debt, according to Jia Kang, former head of a Ministry of Finance-affiliated research institute. He suggests the funds would stimulate jobs,
China stock ETFs rip higher even as mainland markets close for holiday
Exchange-traded funds overseas that track Chinese stocks continued their rally Wednesday even as mainland markets were shut for a week-long holiday.
TikTok is training its e-commerce partners on what’s worked in China as it doubles down on live selling
TikTok hosted its first US summit for e-commerce agency partners, where it focused on livestream selling and pulling tips from Asia.
China firms plan up to $15 bln in overseas bond issues in Q4 on stimulus boost, say bankers
Chinese investment-grade companies are lining up $10 billion to $15 billion in offshore bond offerings this quarter, as Beijing’s economic stimulus measures cut fundraising costs and whip up borrowers …
Explainer: What happens next as China-made EVs investigated by EU?
European Union members will vote on Friday on a European Commission proposal to impose tariffs on Chinese-made electric vehicles (EVs).
Beijing’s Push to Welcome Foreign Talent
Two years after zero-COVID ended, China is now serious about attracting foreign talent, especially in the tech space. But challenges remain in practice.
Don’t celebrate China’s stimulus just yet
Stockmarkets are rejoicing. As Hong Kong’s market reopened on October 2nd after a public holiday, shares rose by more than 6%, capping a rally of over 20% in a mere six frenetic trading days. But…
Trump Lost the Trade War to China. America Needs a New Strategy.
America’s goal shouldn’t be merely to block Chinese goods, but to outcompete them. That will require cooperation.
U.S. bans Chinese firms in Uyghur region as Beijing fights forced labor claims
The U.S. has added two new Chinese companies to Xinjiang trade blacklist one week after Beijing launched a retaliation against forced labor claims.
America is losing South-East Asia to China
A big part of Mr Obama’s “pivot to Asia” was a promise to join the East Asia Summit every year. Chaired and hosted by a rotating cast of South-East Asian leaders, the summit gives the…