China is again talking up its willingness to stimulate its spluttering economy. But action is unlikely to come until we know more about Donald Trump’s plans.
Monthly Archives For December 2024
Wuhan lab samples hold no close relatives to virus behind COVID
Shi Zhengli, the virologist at centre of COVID lab-leak theory, reveals coronavirus sequences from Wuhan institute.
China’s Shocking $1.4 Trillion Stimulus Push: Beijing’s Bold Move as Trump’s Tariff Threats Loom
China has announced a historic shift in its monetary policy, vowing to adopt an appropriately loose stance for 2025, marking its first easing in 14 years. The new approach, paired with a more …
New action plan to advance China’s digital finance sector by 2027
It focuses on digitalising financial institutions and leveraging data and technology. China is poised to significantly advance its digital finance sector, driven by government support and growing investor interest.
China’s exports, imports miss expectations in November as economic worries deepen
Export has been a rare bright spot as the world’s second largest economy contends with lackluster domestic consumption and a prolonged housing downturn.
China’s export growth slows, imports shrink ahead of Trump tariffs
China’s exports grew at a slower pace in November than the bumper month before, while imports unexpectedly shrank, in a worrying sign for the world’s No. 2 economy as Donald Trump’s imminent return to …
Business News Live: Asian stocks rally on optimism over China stimulus
Benchmark stock indexes in China and Hong Kong both jumped from the open, while those in Japan and South Korea also climbed …
In China, people are hiring ‘climbing buddies’ for big money. The more attractive they are, the higher the price
Young Chinese men are earning almost twice the average monthly salary by hiring themselves out as “climbing buddies” to help visitors scale mountains. That’s raising some concerns.
Global, US stocks fall; oil, gold rise over 1% on geopolitical risk
Global shares turned lower on Monday as traders focused on U.S. inflation data and chip stocks fell, while Beijing’s promise of stimulus and the sudden collapse of the Syrian government boosted oil …
Wuhan book details the Chinese government’s initial COVID-19 response
A new book from author and political science professor Dali Yang details the early days of the COVID-19 pandemic in China, the response on a local and national level and what failures occurred.
Treasury Wine Buys China Foothold for Penfolds Luxury Brand
Australia’s Treasury Wine Estates is firming plans for permanent production of its storied Penfolds brand in China with the acquisition of a vineyard in the country’s premier wine region.
China responds to U.S. AI export controls with Nvidia investigation
The move comes after the United States expanded the number of Chinese tech companies subject to export controls.
China Makeup Mogul Nears Billionaire Status With Hong Kong IPO
One of China’s best known makeup artists, Mao Geping, took his beauty company public in Hong Kong, capping a remarkable run that’s seen the former opera performer’s premium powders and lotions defy …
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