China’s State Council issued a circular on Tuesday, urging the implementation of a package of detailed policy measures to further stabilize the economy. The package, which was announced at a State …
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China Expands Tax Cuts to Autos With Bigger Engines
China will cut the sales tax by half to 5% on some low-emission passenger vehicles as part of the government’s push to raise consumption hammered by Covid lockdowns. The Finance Ministry and the State …
How will China’s currency respond to slower growth?
How did China’s economy prosper and become a major player on the world stage? It’s vast labor pool provided the foundation for growth, focusing on exports. In fact, China is the top supplier of goods…
FirstFT: Shanghai set to reopen after two-months Covid lockdown
Shanghai is set for the most significant easing of Covid-19 restrictions since it was sealed off more than two months ago, after authorities said public transport would resume and shops reopen from …
Decline in China’s factory activity slows as COVID-19 curbs ease
China’s factory slowdown is affecting production lines in other major Asian economies with both Japan and South Korea reporting sharp declines in output …
IPhone Maker Foxconn Says China Covid Curbs Did Not Significantly Impact Supply Chain
According to reports, Foxconn, which is a major assembler of Apple (AAPL) iPhones, said on Tuesday that the impact of China’s Covid-19 lockdowns on its operations was not as bad as expected. China had …
Shanghai ends its eight-week lockdown, but can China do away with ‘zero-covid’ policy?
While the draconian measures are now almost entirely lifted, questions remain on how long the country can stick to its strict “zero-covid” approach. View on euronews …
Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus measures
Shanghai is offering tax incentives and subsidies to kickstart the local economy after two months of lockdowns to reduce the spread of COVID-19.
Biden and New Zealand leader air shared concern about China’s Pacific ambitions
The U.S. president and New Zealand’s prime minister aired shared concern about China’s bid to expand its influence in the Pacific on Tuesday and a senior U.S. official said they discussed the need for …
China Insight: China’s Textile Industry — From Big to Strong
China has ranked as the world’s largest manufacturer for 11 consecutive years since 2010 and is the only country playing a major role in all industrial categories.
U.S. Investigates Chinese Companies Over Export Sanction Issues
U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration is actively considering adding new Chinese companies to the government’s economic blacklist as it investigates what it …
China stocks jump with easing of Covid restrictions
CNBC’s Kristina Partsinevelos joins ‘Closing Bell’ to report on the China stock jump as the country begins to ease its Covid restrictions.
China announces detailed stimulus measures to support its virus-hit economy
China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive its pandemic-ravaged economy, adding it will inspect how …
