Commitments have been made to boost consumption and loosen monetary policy but there is little detail of what measures the government will undertake.
Monthly Archives For December 2024
China has room to cut RRR further, PBOC official says
China said this week it will raise the budget deficit … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via …
China Market Update: Central Economic Work Conference Release Highlights Domestic Consumption Revival
Asian equities were largely higher overnight, as Hong Kong, South Korea, and Pakistan (+85% YTD) outperformed.
Biden administration inks renewed science cooperation deal with China; Republicans cry foul
The United States and China signed a renewed science cooperation agreement on Friday, the State Department said, this time with “robust national security guardrails,” despite objections from Republicans who argue the decision should have been…
China to provide additional scholarships for Vietnamese students
China said it would grant additional scholarships to Vietnamese university students, especially those in science and technology fields and those in top schools.
Prices Won’t Stop Falling in China, and Beijing Is Grasping For Solutions
China’s economy is teetering on the brink of widespread deflation. The WSJ looks at Japan’s “lost decade” to explain what China’s struggles mean for the global economy. Photo illustration: Ryan Trefes …
China’s GDP growth expected around 5% this year, senior official says
China’s economy is expected to grow by about 5% this year, the deputy director of the country’s central financial and economic affairs commission said on Saturday.
Hong Kong striker Matt Orr ‘in a good place’ after ‘dark moments’ with Shenzhen Peng City
Chinese Taipei stand in way of Hong Kong and a spot in Tuesday’s EAFF qualifying final – the teams will meet at Mong Kok Stadium on Saturday.
China’s Xi will visit Macau Dec 18-20
China’s President Xi Jinping will visit Macau from Dec. 18 to 20 to attend the inauguration ceremony of Macau’s new government, the official Xinhua news agency reported on Saturday. Former judge Sam Hou Fai was…
China’s otherworldly mountains that inspired Avatar
Zhangjiajie, China’s first national park, also features glass-bottomed bridges, a mountain elevator and a food court complete with a McDonald’s for those inclined to take it easy.
Baidu, Alibaba, Tencent executives among Big Tech members on new China AI standards committee
The committee marks a major milestone after MIIT and other government agencies announced plans for 50 sets of AI standards by 2026 China’s Ministry of Industry and Information Technology (MIIT) on …
US swaps prisoners with China, releasing 3 convicted spies
Two Chinese spies and a Chinese national charged for disseminating child pornography were part of a recent White House prison swap as Biden’s presidency nears the end.
Sui blockchain partners with Ant Digital on tokenized ESG assets
Layer-1 blockchain Sui and China’s Ant Digital will work together to tokenize real-world assets. They plan to concentrate on assets in the environmental, social and governance (ESG) space. Assets, …
