Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union’s decision to impose hefty tariffs on Chinese-made electric cars. China slammed Brussels’s …
FINANCE
Beijing files WTO complaint over EU’s new taxes on Chinese EVs
Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union’s decision to impose hefty tariffs on Chinese-made electric cars. China slammed Brussels’s …
EU slaps tariffs on Chinese EVs, risking Beijing backlash
The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation that has divided Europe and prompted …
China’s $1.4 trillion lifeline: Real estate crisis response
China is preparing a fiscal package worth over 10 trillion yuan to support its economy amidst challenges related to local government debt and the real estate crisis. The decision is expected to be …
FirstFT: China’s ‘rich list’ of billionaires shrinks again
Also in today’s newsletter, US and Taiwan set for talks to end double taxation, and PwC profits fall in Asia amid scandals …
Exclusive: China considers over $1.4 trillion in extra debt over next few years
China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a fiscal package which is expected to…
Eyeing US election, China considers over $1.4 trillion in extra debt
The spending plans suggest that Beijing has switched into a higher stimulus gear to prop up the economy although it’s still not the 2008-like bazooka that some investors have been calling for
China Refrains From Cutting Policy Rate After Record Trim
China’s central bank kept its one-year policy rate unchanged, after slashing funding costs by the most on record a month ago, suggesting authorities are cautiously pacing monetary stimulus to support the economy.
Reaction to Reuters report on China’s stimulus plans
China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, two sources with knowledge of the …
China’s CITIC Securities Q3 profit rises 21.9%
CITIC Securities Co , China’s biggest brokerage, reported a 21.9% rise in third-quarter profit on Tuesday, driven by growing investment gains.
Beijing unveils policies for strengthening financial services
China’s capital city Beijing has announced a series of policy initiatives for five key financial areas: tech finance, green finance, inclusive finance, pension finance, and digital finance. These …
S. Korea vows active response to U.S.’ investment curbs on China
The United States’ planned restriction of investment in key technology sectors in China is expected to have a limited impact on the South Korean economy, but Seoul will closely analyze the measure and …
In data: China’s online shopping boom, e-commerce market hits $2.2 trillion
GlobalData’s analytics revealed that China’s e-commerce market registered 11.9% growth in 2023 to reach CNY15.4trn ($2.2trn), as consumers increasingly preferred online purchases.
