Without more help on the demand side, China’s rate cuts could actually make the economy even worse by exacerbating the deflation problem. A big reason why is that China’s growth still relies more on production…
Monthly Archives For October 2024
China says detained Foxconn workers suspected of bribery
BEIJING: China is investigating four workers at Taiwanese technology giant Foxconn for suspected bribery and embezzlement, Beijing’s state media said Saturday (Oct 12), after authorities in Taipei …
Taiwan’s China Airlines denies facing pressure about aircraft order
Taiwan’s largest carrier has been weighing Boeing’s 777X and the Airbus A350-1000 as replacements for its fleet
China to increase debt issuance in bid to revive economy
China slipped into deflation in 2023 as a result of weak domestic demand and a struggling property market.
Trump has blasted China’s trade practices. His ‘God Bless the USA’ Bible is printed there
Global trade records show a publisher in China’s eastern city of Hangzhou shipped close to 120,000 of the Trump Bible to the United States between early February and late March.
China Threatens Countermeasures over Taiwan’s Trade Restrictions
China’s Ministry of Commerce has warned of potential countermeasures after identifying Taiwan’s trade-restrictive measures as violations of fair trade practices. Despite investigations demanding the removal of import barriers on over 2,
CHINA-GUANGDONG-SHENZHEN-ELDERLY PRODUCT MALL (CN)
A customer tests his blood pressure with a smartwatch at an elderly product mall in Shenzhen south China Guangdon
Tim Walz’s China ties are just too deep to ignore
According to Rep. James Comer (R-Ky.), chairman of the US House Committee on Oversight and Accountability, whistleblowers have revealed “serious concerns among DHS personnel regarding a longstanding connection between the Chinese Communist Party and Minnesota…
Residents head north for Chung Yeung break
Hong Kong residents flocked to the mainland on Friday for the Chung Yeung Festival long weekend holiday. RTHK spoke to some residents queuing for a
Beijing supercharging stations empower sustainable, green travel
Situated in Fengtai district, Beijing, the Muxiyuan supercharging station features four supercharging devices, each capable of delivering a maximum charging capacity of 240 kilowatts, 1,000 volts, epitomizing the concept of “15-minute charging, 400 kilometers traveling”.
Chinese finance minister hints at increasing the deficit at highly anticipated briefing
Analyst projections for how much fiscal stimulus is needed range from around 2 trillion yuan ($283.1 billion) to more than 10 trillion yuan.
China flags more fiscal stimulus for economy, leaves out key details on size
The omission of a dollar figure for the package is likely to prolong investors’ nervous wait for a clearer policy roadmap.
China Says Major Disagreements Remain With EU Over EV Tariffs
China urged the European Union not to conduct price negotiations with individual electric vehicle manufacturers, as eight rounds of negotiations in Brussels failed to result in an agreement over …
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