China is facing a set of hurdles to sustain solid economic expansion in 2024 after it reported upbeat growth last year. Its gross domestic product (GDP) rose by 5.2 per cent year on year in…
FINANCE
Apple cuts China iPhone prices: Why one analyst isn’t worried
Apple is (AAPL) reportedly cutting the price of its iPhone in China. Creative Strategies Principal Analyst Ben Bajarin notes that the price cuts coms as China enters into Chinese New Year which he …
Marketmind Countdown to China GDP
A raft of top-tier Chinese economic indicators for December, culminating in Q4 and 2023 GDP, takes center stage in Asia on Wednesday, with global markets under heavy selling pressure from a sharp rise …
‘Choosing China is not a risk’: Beijing shrugs off slowdown
Premier Li Qiang said the economy grew 5.2pc last year, and put out the welcome mat for foreign investors. But he fired a first warning at Donald Trump.
China’s Ping An Bank names 41 mainland developers in funding support list
The Chinese lender has put 41 developers on a list of property firms eligible for its funding support, a shift towards more lending to a sector in crisis following government steps to staunch the pain…
Will Additional Stimulus Revive Economic Growth in China?
China’s Shanghai Composite Stock Index today ($CHSC) recovered from a 3-1/2 year low and closed slightly higher after Bloomberg reported that China is considering additional stimulus by issuing 1 …
China weighs more stimulus with $139 billion of special sovereign bonds
The proposal under discussion by senior policymakers would involve the sale of ultra-long sovereign bonds to fund projects related to food, energy, supply chains and urbanization …
Wary Over Taiwan’s Election, Beijing and Taipei Still Need Each Other
Updated Donald KirkThe victory of the pro-independence, pro-America candidate for president of Taiwan opens a new chapter in the prolonged saga of the struggle of the Chinese island province to remain …
China’s Xi Jinping lays out road map for becoming ‘financial superpower’ – but warns risk can throw efforts off-track
President Xi Jinping elaborated on a previously established goal for China to become a “financial superpower” at a high-level conference, clarifying the necessary steps as well as the potential for …
FinMin imposes anti-dumping duty on meta phenylene diamine imports from China
The Finance Ministry has imposed definitive anti-dumping duty on ‘meta phenylene diamine’ (MPDA) imports from China.
Analyzing China’s 2023 economy through data
China, positioned as the globe’s second-largest economy, has accomplished notable success in advancing its economic growth.
Xi Wants Strong Yuan in Push to Make China a ‘Financial Power’
Chinese President Xi Jinping emphasized the need for a strong currency as he seeks to make his country a “financial power,” highlighting Beijing’s desire to boost the global status of the yuan.
China’s risky gamble in the face of economic challenges
This decision, a tightrope walk balancing yuan volatility and the remote possibility of Federal Reserve easing, signals a trepidation in Beijing’s economic strategy. It’s not just about maintaining …
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