A man in China who insisted on forgiving a married woman who pretended … The Shanghai resident, who uses the alias Wang Yuan, slipped into debt by giving financial support to his girlfriend, …
FINANCE
China’s gaming stocks climb on report regulatory official removed
Chinese gaming stocks rose on Wednesday to outperform a weak broader market, after Reuters reported China removed a gaming regulatory official.
China urges more babies, but many women resist
Chinese President Xi Jinping has urged women to have more children as the nation grapples with an aging population and a record decline in the birth rate. Not all women agree with this, though.
China Fires Official After Controversial New Gaming Laws
China removes an official from office who played a role in the country’s newest gaming laws, which had major financial ramifications.
China Halts Deal with Argentina Worth $6.5 Billion
For Argentina, grappling with a dollar deficit and near international default, this agreement with China has been a crucial financial support. Its suspension could have significant implications for …
How troubles in China are affecting emerging markets
Emerging markets (EEM, EMXC) are trending down on the first trading day of 2024 as Chinese markets have had one of its worst starts to a year since 2019. Last month, China injected a stimulus…
China lifts policy bank loans, raising expectations for ailing housing sector
Beijing plans to provide at least 1 trillion yuan of low-cost financing to China’s urban village redevelopment and affordable housing programmes to shore up its struggling property market.
China lifts policy bank loans, raising housing support expectations
China’s central bank made 350 billion yuan ($49.1 billion) in loans to policy banks through its pledged supplementary lending (PSL) facility in December, data showed, fuelling expectations of …
China’s central bank adds liquidity worth $19.36 billion
China’s central bank announced the conduction of 137 billion yuan (about $19.36 billion) of seven-day reverse repos at an interest rate of 1.8% on Tuesday.The move aims …
China’s BYD closer to taking Tesla’s electric car top spot
Chinese company BYD has moved a step closer to toppling Elon Musk’s Tesla as the world’s biggest-selling manufacturer of electric vehicles. The firm said on Monday it had sold a record 526,000 battery …
Asia’s factories end 2023 on soft note amid fragile China recovery
Asia’s factory activity weakened in December, portending a shaky start for the region’s manufacturing powerhouses in 2024 as China’s patchy economic recovery impeded a broader revival in demand.
Xinhua Silk Road: Xinhua-Yushu Wild Cordyceps Sinensis Price Index unveiled in Beijing
The Xinhua-Yushu Wild Cordyceps Sinensis Price Index was officially released on Dec. 27th in Beijing, capital of China, indicating the accelerated development of wild cordyceps sinensis industry …
Japanese, Korean investors dial back on China, but can Beijing find common ground on trade?
China’s Foreign Minister Wang Yi called Japan and South Korea to restart negotiations on a trilateral free-trade agreement in November, amid pressure for them to diversify away.
