BEIJING — China’s total goods imports and exports in yuan terms expanded 5 percent year-on-year in 2024, official data showed Monday. In 2024, the country’s foreign trade reached 43.85 trillion yuan …
Monthly Archives For January 2025
China’s foreign trade hits a record high of 43.85tr yuan in 2024
China’s imports and exports grew by 5 percent year-on-year in 2024 to reach 43.85 trillion yuan ($5.98 trillion), with the total volume hitting a new record high, according to data released by the …
Premium Hongqi brand ambitious about 2025
The premium brand of China FAW Group sold over 410,000 vehicles last year, up 17.4 percent year-on-year, more than tripling the average growth rate of the country’s passenger vehicle market in the …
Zambia’s SEC sanctions Standard Chartered over China property bond mis-selling, source says
Zambia’s Securities and Exchange Commission (SEC) has sanctioned Standard Chartered for mis-selling a Chinese property company’s bonds to one of the bank’s local wealth clients at the height of the …
China needs to trim housing glut as priority to repair confidence, analysts say
China’s beleaguered housing market is likely to endure another chastening year as some analysts forecast home prices to weaken further in 2025, after a mixed bag of results from various attempts to …
Hong Kong wildfire nearly out, no casualties reported
A wildfire in a hiking area that had been burning since Saturday in the northwestern New Territories, near the boundary between the Hong Kong Special Administrative Region and Shenzhen, Guangdong …
China’s Shimao drops 15% after developer receives liquidation petition
Shares of China’s Shimao Group dropped 15% to HK$0.73 on Monday, their lowest since Sept. 26, after the property developer received a liquidation petition.
China constructing ‘D-Day style’ barges for possible Taiwan invasion
China is reportedly constructing “D-Day style” barges which could be used in an invasion of Taiwan. At least three of the new craft have been observed at Guangzhou Shipyard in southern China, …
VOA Mandarin: China’s winter surge of flu-like HMPV cases raises concerns of transparency
Human Metapneumovirus (HMPV) has recently spread widely across China, overwhelming hospitals and evoking memories of the COVID-19 outbreak. HMPV is not a new virus; it has been known for years and …
Pressure on China and pure ‘trolling’: Why Trump is pushing an expansionist agenda
The president-elect is suddenly pushing to annex Greenland, reclaim the Panama Canal and absorb Canada, provoking longtime allies just days before taking office.
Will 2025 herald an IPO revival in China?
PRIVATE equity (PE) and venture capital (VC) funds in China had another gloomy year in 2024, but many in the industry are hoping that a revival is on the cards in the wake of renewed…
China test-fires 5 new rocket engines in a single day. But what are they for? (video)
China’s state-owned main space contractor tested five different rocket engines on one day last week in preparation for future missions and projects. The China Aerospace Science and Technology …
China, UK restart financial talks
China and Britain restarted economic and financial talks on Saturday after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing, as the U.K.’s Labour government seeks to reset …