China’s shopping extravaganza “618” (from May 31 to June 18) registered a GMV of 695.9 billion RMB from the major e-commerce platforms, including traditional e-commerce platforms and live …
FINANCE
In Depth: To Keep Stimulus Flowing, China’s Local Governments Need a Budget Fix
For China, fixing a slowing economy may hinge on making sure local governments aren’t fixed for cash. In the wake of the country’s worst Covid outbreak since 2020, central government policymakers have …
Cobalt Gets Cheaper as China’s Buyers Suffer From Battery Slump
Cobalt prices are crashing back to earth as sellers offer increasingly steep concessions to Chinese buyers who have turned cold on the battery metal as demand slumps in electric vehicles and …
Fair market, favorable policies sharpen China’s edge as major global investment hub: multinationals
A predictable environment, tax cuts, simplified procedures and even a green channel for children to go to school, among other favorable and preferential policies, are the ways that China attracts …
China allocates 200 mln yuan for flood control
China on Tuesday earmarked 200 million yuan (about 29.92 million U.S. dollars) of central disaster-relief funds as rounds of rainstorms have battered the country’s southern areas. The emergency funds, …
Xinhua Headlines: Multinationals still full of confidence in China’s economy
China remains the world’s most appealing investment destination despite the near-term headwinds from the COVID-19 pandemic, noted representatives from multinational corporate giants and industry …
China stocks end mixed amid recovery cheer; more data in focus
SHANGHAI: Chinese stocks closed lower amid range-bound trading on Tuesday, while Hong Kong shares rose for a third straight session, as China recovers from the impact of COVID-19 outbreaks, although …
COP15: UN officially declares China gives up host role with call for urgent meeting on biodiversity
China on Tuesday officially gave up its role as host of the UN Biodiversity Conference, which had been set to take place in the city of Kunming but now will be moved to Montreal, Canada.…
China stocks end higher on economic recovery; more data in focus
Chinese stocks closed lower amid range-bound trading on Tuesday, while Hong Kong shares rose for a third straight session, as China recovers from the impact of COVID-19 outbreaks, although analysts …
US Sanctions Help China Supercharge Its Chipmaking Industry
China’s chip industry is growing faster than anywhere else in the world, after US sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components.Most …
China Junk Bond Selloff In New Phase With Record Fosun Rout
A record selloff in Fosun International Ltd.’s dollar bonds shows that financial stress among China’s property developers is shifting to the country’s other weaker borrowers. Most Read from …
Musk Says Shouldn’t Be Problems Balancing China, Tesla, Twitter
(Bloomberg) — Tesla Inc. Chief Executive Officer Elon Musk said he doesn’t think there’ll be any issue balancing his Tesla interests in China with the future acquisition of Twitter Inc. Most …
6 Reasons why is it time to buy China now
Share price momentum shows recovery in Chinese stock indices Looking at the performance of the major indices in America, Asia, and Europe, it is clear that the last one month has been quite bloody, …
