China maintained its support for the yuan with the daily reference rate after the currency slumped past a key level on Friday.
Monthly Archives For January 2025
Shenzhen-based Logan Group proposes restructuring its $8 billion offshore debt
Logan Group seeks to restructure $7.56 billion of the total offshore debt, while also aiming to relieve creditors of its additional $476 million offshore debt under separate financing instruments. In …
After year of big corruption crackdown, China promises more probes, retribution
One day before a key meeting of China’s anti-graft watchdog, the state broadcaster aired a programme on how grassroots corruption is being crushed, dispelling any notion that China is losing its grip …
Property finishes another tough year, but hope on horizon
That said, whether the real estate market has sufficient momentum for a sustained recovery remains to be observed. The real estate market still faces challenges such as overall year-on-year declines …
Oil Rises on Optimism Over China’s Economic Recovery
Oil prices rose in the Asian morning session, driven by optimism over China’s potential economic recovery.
Another Covid-19 like pandemic in the making? HMPV, China’s mystery illness, has already struck UK with alarming proportions
China’s diseases control authority said on December 27 that it was piloting a monitoring system for pneumonia of unknown origin, with cases of some respiratory diseases expected to rise through the winter,
What Will Happen to COVID-19 in 2025? Experts Explain
Another year has gone by since the 2020 pandemic and COVID-19 remains at large, so experts weigh in on what will change in 2025.
HMPV Getting Out of Control In China, Lockdown Expected: Is India Ready For the Next Pandemic?
Are we heading towards another lockdown? COVID-19 like HMPV virus spreading rapidly in China. What happens if this virus enters India just like COVID did in 2019? Are we ready for the next pandemic?
Chinese bourses hold meetings with foreign institutions amid market volatility
The Shanghai and Shenzhen stock exchanges said they have recently held meetings with foreign institutions, vowing to further open up China’s capital markets. The Shanghai stock exchange said China’s …
China Caixin Services PMI Shows Stronger Activity Growth
A private gauge of China’s service activity expanded at a faster clip at the end of 2024 as Beijing moved to boost domestic demand.
China’s Geely Holding targets over 5 million units of annual sales by 2027
China’s Geely Holding Group (GEELY.UL) on Sunday said it aims to sell more than 5 million vehicles annually by 2027, a big jump from 2023, which it hopes to achieve by accelerating consolidation of …
China services activity hits 7-month high but US trade fears dent optimism, Caixin PMI shows
China’s services activity expanded at the fastest pace in seven months in December, driven by a surge in domestic demand, but orders from abroad declined, reflecting growing trade risks to the economy …
China Oil Refineries Face Reckoning as Beijing Tackles Overcapacity
China’s independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on becomes a lot scarcer.
