BEIJING, Dec 30 (Reuters) – A court in northern China handed lengthy prison terms to two teenagers for murdering their classmate with a shovel in March, state media said on Monday, in a case that…
Monthly Archives For December 2024
China’s record dividends build pressure on the Yuan
The dividend bonanza is adding pressure on the Chinese yuan already weighed by a resurgent dollar and the prospect of growing US-China tensions. The firms mostly pay dividends in Hong Kong dollars but …
Hong Kong’s I&T ecosystem needs high-tech partners
Hong Kong has top high-tech research and development institutions. It lacks the Fourth Industrial Revolution innovation partners. As manufacturing left in the 1990s, the city excelled in entrepot …
Oil inches lower in thin trade, investors eye China, US data
SINGAPORE (Reuters) – Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to assess growth in…
China bond bonanza likely to continue into 2025; investors worried about economic strength
Some brokerages believe yield on 10-year government bond could fall below 1.5 per cent in 2025 China’s bond market is likely to extend its bull run into next year, as the government is expected to…
Newly released pictures show Joe Biden meeting Hunter Biden’s Chinese business partners
Newly released pictures show then-Vice President Joe Biden meeting some of his son Hunter Biden’s Chinese business partners during an official visit to the country, as well as Hunter meeting Chinese …
China to cut import tariffs on some recycled copper and aluminum raw materials
China will reduce import tariffs on ethane and certain recycled copper and aluminum raw materials from next year, the government said on Saturday.
China’s industrial development in 2024: accelerating toward intelligent manufacturing
China’s industrial landscape has witnessed a series of exciting “firsts” and groundbreaking achievements which reflect the robust momentum of China’s manufacturing sector and underscore the country’s …
China’s firms are taking flight, worrying its rulers
Chinese firms invested a record $177bn in non-financial assets abroad. More than four-fifths is likely to have been ploughed into “greenfield” projects, in which assets are built rather than bought, …
32 western brands that are surprisingly owned by China
As the world battles to bounce back from the coronavirus pandemic, some analysts believe that China – already on a corporate spending spree – will snap up more struggling companies in the West. But …
China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says
Chinese President Xi Jinping was reportedly dismissive about the threat of deflation hitting the economy. While consumers can benefit from falling prices, persistent deflation can also lead to a …
China’s November industrial profits narrow decline but 2024 likely worst year in decades
China’s industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to…
China unveils prototype of world’s fastest train, capable of reaching 450 km/h
China has introduced the CR450 prototype, the world’s fastest high-speed train, achieving test speeds of 450 km/h. This innovation emphasizes safety, energy efficiency, and passenger comfort.
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