“The result is an industrial machine that cannot stop and cannot slow down—but that, owing to the limits of demand, cannot keep going.” …
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China Mega Banks, Insurers Seek at Least $53 Billion in Capital
China’s biggest banks and insurers are seeking at least 357 billion yuan ($53.2 billion) capital boost, with the Ministry of Finance footing more than 80% of the bill, as Beijing moves to shore up …
China NEV imports sink as local brands crowd out foreign cars
China’s new energy vehicle import market continued to shrink in July, hitting its lowest level since 2026, as foreign automakers localize production and Chinese brands keep expanding their share.
Asia-Pacific Media Forum Opens in Shenzhen, Expands Regional Media Cooperation
The Asia-Pacific Media Forum opened in Shenzhen on Saturday, bringing together more than 400 representatives from over 220 media organizations, think tanks, government bodies, diplomatic missions, UN …
Why China is pumping billions into its financial sector
China is injecting $54 billion into its banks and insurers as Beijing works to stabilize the financial sector amid signs of weakening economic growth.
Chinese brands got so fast at developing new cars even China thinks they should slow down
AI could cut new-car development to mere months, but regulators fear quality and safety might pay the price …
In rare flurry of trips, Xi pitches China as stable alternative to US under Trump
Ahead of a state dinner with President Donald Trump, China’s Xi Jinping is courting global influence.
China to inject $54B into state banks and insurers in massive recapitalization push
China’s Ministry of Finance is injecting 360 billion yuan ($54B) into state-owned banks and insurers, targeting Agricultural Bank of China, ICBC, …
China announces $54 billion recapitalisation for banks, insurers amid economic pressure
The broader recapitalisation effort was first announced at China’s annual parliamentary meeting in March.
China announces $54 billion injection to bolster its financial sector
China is injecting $54bn (£40bn) into banks and insurers to bolster stock market investments and lending, addressing weak economic growth and struggling financial institutions.
China rolls out massive US$54b package for insurers, banks in financial powerhouse push
The rare capital boost of such magnitude seeks to shore up insurers and banks as solvency pressures mount and regulatory demands loom China rolled out a package of capital injections worth about 360 …
Why China won’t ban housing presales outright
Late August marked something of a watershed moment for China’s embattled property sector, now in its sixth year of decline. It began with Chinese courts kicking off proceedings to liquidate the …
Eala faces points penalty, fines if she skips Beijing Open for Asian Games without WTA exemption
MANILA, Philippines — Filipino tennis ace Alex Eala faces points penalty and fines if she skips the Beijing Open to play for the Philippines at the Asian Games in Nagoya without a Women’s Tennis …
