China’s state council on Wednesday said it will issue concrete guidelines to strengthen supervision and prevent risks in the country’s insurance industry, according to a statement.
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China’s Navy Achieves Aircraft-Carrier Milestone
China has the world’s second-largest aircraft-carrier fleet, with two of them in service—CNS Liaoning and CNS Shandong—and one under testing—CNS Fujian. The United States has 11 “flat-tops” in …
China Vanke’s bonds tumble as concerns for state-backed property firm mount
The dollar-denominated bonds of state-backed Chinese property giant China Vanke extended a run of sharp falls on Wednesday, as concerns continued to weigh about its fate amid an ongoing crisis of …
BMW Cuts Financial Targets on Recall Costs, Low China Demand
BMW lowered its sales and earnings targets, saying expensive measures to fix a braking-system problem and muted demand in the world’s largest car market would dilute its bottom line.
U.S. Imports Surge As China Beats Clock On Biden-Harris Tariffs
As expected, China’s exports to the United States surged in July 2024 as that country’s exporters acted to beat the clock on the Biden-Harris administration’s new and expanded tariffs.
China has the savings to deal with property crisis, with no global spillover: economist
S&P Global Ratings global chief economist Paul Gruenwald says China is under no external or market pressure to deal with the property market.
China Condemns US Over Bill That Could Shut Hong Kong Trade Offices
China criticized the US over a bill that could eventually lead to the closure of Hong Kong trade offices in America, escalating tensions over the financial hub’s status.
Steph Curry, De’Aaron Fox arrive in China for Curry Brand’s China Tour
The tour started on Wednesday and will stretch through Sep. 14. Along with debuting the Fox 1 with Curry Brand, Curry will release the “China Tour” pack that includes four sets of kicks. The China…
In Riyadh, China’s Premier Li calls for accelerated Gulf trade talks
China’s Premier Li Qiang on Wednesday urged Beijing and the Gulf Cooperation Council (GCC), which includes Saudi Arabia and the United Arab Emirates, to accelerate free trade negotiations.
China says it is verifying email tipoffs about Taiwan ‘separatist’ activity
China’s government said on Wednesday it would carefully review email tipoffs it has received about Taiwan “separatist” activity, adding that “good people” have nothing to worry about, drawing a rebuke …
China is looking to make major retirement age change due to shrinking workforce
However, the urgency to tackle the early retirement age – six years below men in most developed economies – has increased as the median age in China has risen to almost 40, making a gradual…
Russia lowers 2024 power exports forecast on China slump, Ifx reports
Russia’s Inter RAO expects its 2024 electricity exports to fall by 35% to due to plummeting sales to China, Interfax news agency reported on Wednesday, citing a company’s senior manager, in a downward …
Trump Is, Was and Would Be a Gift to China
With Trump once again in the Oval Office, America would be at risk of falling even further behind China in industrial competitiveness.
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