China’s central bank kept a key policy rate steady in November and drained billions in liquidity from the financial system via a medium-term liquidity management tool. The People’s Bank of China on …
Monthly Archives For November 2024
Chinese exports will hit record this year before Donald Trump’s second term
Export growth will accelerate to 7 per cent in the final three months from the same period last year, according to the median forecast of analysts surveyed by Bloomberg …
Thailand, the “Detroit of Southeast Asia” is at the forefront of China’s battle for the global auto market
He’s part of a growing number of Thai drivers buying EVs sold by Chinese car companies but made in Thailand, a nation that’s become one of the front lines in the global battle for auto-market…
Analysis-Chinese Startups Suffer as IPO Freeze Prompts Investors to Exercise Redemption Rights
In August last year, Zibo Tianheng New Nanomaterials Technology said failure to conduct an IPO by the end of 2023 could trigger redemption requests from investors Luxin Capital and Zibo Hightech …
China Keeps Policy Loan Rate Unchanged for Second Month
China’s central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus.
Financial institutions can lend support to trade
To make cross-border payments safe, efficient and convenient, financial institutions should promote the internationalization of the renminbi, promote the expansion of the use of the currency in …
Hong Kong and Macao residents can now travel to the Mainland ‘document-free’ through Shenzhen Bay and Gongbei Ports
All individuals must still hold their valid exit-entry documents when travelling between the Chinese mainland and Hong Kong and Macao SARs.
Renovated Beijing Workers’ Stadium sets record for most photovoltaic panels
After its comprehensive renovation last year, the roof of Beijing Workers’ Stadium set the record for having the most solar panels of any stadium in China. This stadium’s solar system, comprising 351 …
Trump can do a business deal with China
Trump’s reelection as US president has now made a catastrophic breakdown in US-China relations “probable”. But it has also made a constructive breakthrough possible either through an early agreement …
COP29 summit ends with ‘paltry’ US$300 billion climate finance deal; no change for China’s contribution
The world approved a bitterly negotiated climate deal; poorer nations dismissed a US$300 billion a year pledge from wealthy polluters as insultingly low.
China exports to hit record this year before second Trump term
“In the next few months, Chinese exports might benefit from panic-stockpiling by foreign companies,” said Erica Tay, an economist with Maybank Investment Banking Group. “The spectre of a trade war …
Exit America, enter China? How Beijing can benefit from an isolationist US
Mainstream global opinion since Donald Trump won the US presidential election has been that his administration will bring instability to the world by imposing stiff import tariffs and abandoning …
China investors digest another letdown from big tech earnings
FROM Tencent Holdings to Alibaba Group Holding, China’s tech leaders delivered underwhelming numbers for a quarter beset by economic and geopolitical uncertainty. Whether or not they can win back …
