Despite a flurry of stimulus measures, recent economic indicators have showed the world’s second-largest economy is still struggling with deflationary pressures.
Monthly Archives For December 2024
China’s Swaps Hit Pandemic-Era Low on Interest-Rate Cut Wagers
China’s money market is signaling expectations of bold monetary easing by Beijing as it braces for the risk of trade tensions with the US under a Donald Trump administration.
China’s CATL to build US$4.3 billion EV battery plant in Spain with Fiat owner Stellantis
Joint venture received support from the Spanish government, which abstained in the EU’s October vote to impose extra tariffs on Chinese-made EVs.
The 2024 World Match Racing Tour Shenzhen Bao’an Final is underway
Shenzhen, China – December 10, 2024 – The 2024 World Match Racing Tour Shenzhen Bao’an Final is underway. The event began with an opening ceremony attended by skippers, teams, organizing authorities, …
China’s economic growth hinges on broader business and household confidence as leadership convenes
Central Economic Work Conference (CEWC) is being closely watched by investors for signs of coming stimulus to kickstart growth, which has been hampered by sluggish consumption and a protracted crisis …
China’s 504-qubit quantum computer chip marks a new domestic record — will be globally available via the cloud
A Chinese group led by China Telecom Quantum Computing Group has unveiled Xiaohong-504, a 504-qubit quantum computing chip, and Tianyan-504 superconducting quantum computer.
China Begins Annual Economic Meeting to Hash Out Stimulus Plan
China is set to begin its annual economic work meeting on Wednesday to map out policies for next year, with top leaders hinting at more forceful stimulus amid the threat of a potential trade war…
China’s leaders to chart economic plans for 2025: report
China’s leadership will gather Wednesday to hammer out plans to boost the economy next year, reports said, as they look to address weak domestic demand and the possibility of a deepening trade war …
China’s Falling Corn Imports Show Hit to Consumer Confidence
China’s corn imports are expected to total just 14 million tons in the current season, less than half of their peak during a buying spree a few years ago, according to the US Department of…
China consumer prices rise at slower rate in November
China’s consumer inflation rate slowed in November, official data showed today, as demand remains muted in the world’s number two economy.
Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4
U.S. automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of 2024, according to Tesla China on Wednesday.
Oil prices edge up on demand hopes from China’s ‘looser’ monetary policy
Oil prices rose slightly early on Wednesday, with market participants expecting to see demand rising in China next year after Beijing announced a looser monetary policy to stimulate economic growth.
China bans imports of ruminant animals from Poland, Croatia due to bluetongue disease
China customs has banned the direct and indirect import of ruminant animals and related products from Poland and Croatia due to an outbreak of bluetongue disease, the General Administration of Customs said on its website…
