Hundreds of millions of Chinese criss-cross the country during the Lunar New Year holidays each year to reunite with families back in their hometowns or for sight-seeing during an extended festive …
NEWS
China’s Central Bank Reiterates Easing Pledges Amid Policy Dilemmas
The People’s Bank of China vowed to help the economy grow this year, firming expectations of more monetary easing.
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.
China is pushing the Philippines `to the wall’ with aggression in the South China Sea, Manila says
A Philippine security official says China is “pushing us to the wall” with growing aggression in the disputed South China Sea and warned that “all options are on the table” for Manila’s response, …
Mitsubishi halts metal trading in China after suspected copper fraud
Japanese trading house Mitsubishi Corp has decided to stop domestic metal trading activity in China after suspected fraud by a copper trader led to a loss of 13.8 billion yen ($87.5 million), a …
Volkswagen sales drop in tough year at home and in China
Volkswagen’s unit sales fell by 2.3% in 2024 to just over nine million vehicles, the carmaker reported on Tuesday, after a challenging year in its two key markets of Germany and China.
Biden argues China ‘will never surpass us’, as Washington aligns on being tough on Beijing
Biden’s final foreign policy featured harsh rhetoric on China, as Washington embraces tough-on-China policies.
Chinese Shares End Higher After Beijing’s Pledge to Stabilize Market
Chinese shares ended higher, supported by the country’s securities regulator’s pledge to stabilize the market. The China Securities Regulatory Commission Monday said it will work with the PBOC to enha …
Exclusive: China to cut pay by half for staff at top financial regulators, sources say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in…
Inbound trips to Beijing up 187% in 2024
BEIJING – In 2024, the Chinese capital Beijing has seen 3.94 million inbound tourism trips, up 186.8 percent year-on-year and equivalent to 88.9 percent of the total for 2019, said local authorities …
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite
China’s economic growth is likely to slow to 4.5% in 2025 and cool further to 4.2% in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus measures to soften the blow…
Nvidia CEO to visit China amid Beijing’s antitrust probe, US AI chip curbs
Jensen Huang is set to tour the mainland Chinese cities of Shenzhen, Shanghai and Beijing, before flying to Taipei later this week.
China’s coastal water temperatures hit record high in 2024
The average temperature in China’s coastal waters rose for a second consecutive year in 2024 to a record 21.50 degrees Celsius (70.7 degrees Fahrenheit), authorities said, in a year that was the world’s hottest since…
