China’s factory activity showed signs of sustained expansion in December, with the official manufacturing purchasing managers’ index (PMI) remaining above the critical 50-point threshold for the third …
Monthly Archives For December 2024
Most Asian Markets Fall Tuesday as Investors Assess China’s December Manufacturing Activity
Most Asian markets were down at the end of Tuesday trading as investors assessed China’s manufacturing activity in December. Hong Kong closed in the green, while Shanghai was down at the last trading …
Iron Ore to Cap Worst Annual Drop Since 2015 on China’s Slowdown
Iron ore headed for its deepest annual loss since 2015 after China’s property crisis hurt demand and miners boosted cargoes, with prices failing to get a lift from data showing signs of recovery in …
For China to Revitalise Its Economy, It Must Rekindle the Entrepreneurial Spirit.
China’s leadership has acknowledged the need to prioritize consumption and foster entrepreneurship, but these goals require deeper systemic reforms and a bolder embrace of risk-taking to reignite …
China’s central bank to conduct second SFISF operation
BEIJING — China’s central bank said Tuesday that it would conduct the second operation of the Securities, Funds and Insurance companies Swap Facility (SFISF) soon, which aims to support the healthy …
‘You Need To Read The Paper’: When John Kennedy Grilled Biden Official Over Chip Exports To China
During a Senate Banking Committee hearing earlier this year, Senator John Kennedy grilled Assistant Secretary For Export Administration at the Department of Commerce, Thea Kendler, over Nvidia chip …
China’s manufacturing activity slows in December as trade risks grow
China has reported its factory activity expanded at a slower pace in December, despite recent stimulus measures and in the face of increasing trade risks. the National Bureau of Statistics said …
China cuts nonferrous scrap import tariff rate
Government commission lists “recycled copper and aluminum raw materials” as designated for reduced tariffs in 2025, but details not provided.
China tells WHO it’s adhering to ‘scientific transparency’ on COVID-19 data
World health body demanded Beijing to share data so that it ‘can understand origins of COVID-19’ – Anadolu Ajansı …
Tesla to fix software for 77,650 China-made vehicles, says market regulator
Tesla will fix software in 77,650 China-made Model 3 and Model Y cars over safety hazards, China’s market regulator said on Tuesday.
China’s Benchmark Index Posts First Annual Gain Since 2021
Chinese shares ended lower, with the benchmark Shanghai Composite Index recording an annual gain of 13% following a two-year decline. Energy and telecom stocks led the gains, with CSI Solar and ENN Natural Gas rising…
China stocks end 3-year losing streak with annual gains of 15%; Taiwan tops Asia markets, up 29%
Mainland China’s CSI 300 ended the year with annual gains of about 15% after posting losses in 2023, 2022 and 2021. Aussie stocks extended gains to a second straight year, advancing 8.5% in 2024. Japan…
China defends Covid-19 data-sharing as WHO seeks more access
China has shared the most Covid-19 data and research results in the international community, its foreign ministry has said, after the World Health Organization repeated its call for more information …
