China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher trade tariffs in a second Donald Trump presidency in the United States.
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Powerful blast rocks residential high-rise in southern China
A powerful blast rocked a residential high-rise building in an affluent area in southern China’s city of Shenzhen on Wednesday, sending shockwaves through nearby skyscrapers, state media reported. The …
Shenzhen fire and rescue department responds to high-rise residential fire emergency, on-site operations underway
The Shenzhen Fire and Rescue Department in Southeast China’s Guangdong Province issued a statement on Wednesday regarding a fire incident at a high-rise residential building. The statement said that …
China is considering softer currency
Reuters reported on Wednesday that China is considering allowing the yuan to weaken in 2025 to brace for higher trade tariffs in a second Donald Trump presidency, citing people familiar with the …
China property: lived-in home sales rise but prices fall in Shenzhen, Beijing, Shanghai
Too early to conclude China’s real estate sector has bottomed out, Nomura’s chief China economist Lu Ting says.
Fire breaks out in southern China residential building, state media reports
A fire broke out in a residential high-rise building in the southern Chinese city of Shenzhen on Wednesday, state broadcaster CCTV reported.
How a Feminist Comedy Came to Rule China’s Box Office
Her Story” touches on sensitive topics in China, like censorship and gender inequality. But its humorous, nonconfrontational approach may have helped it pass censors.
China’s monetary shift signals economic worries, but ‘bazooka-style’ stimulus is unlikely, experts say
Despite a flurry of stimulus measures, recent economic indicators have showed the world’s second-largest economy is still struggling with deflationary pressures.
The 2024 World Match Racing Tour Shenzhen Bao’an Final is underway
Shenzhen, China – December 10, 2024 – The 2024 World Match Racing Tour Shenzhen Bao’an Final is underway. The event began with an opening ceremony attended by skippers, teams, organizing authorities, …
Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4
U.S. automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of 2024, according to Tesla China on Wednesday.
Oil prices edge up on demand hopes from China’s ‘looser’ monetary policy
Oil prices rose slightly early on Wednesday, with market participants expecting to see demand rising in China next year after Beijing announced a looser monetary policy to stimulate economic growth.
China bans imports of ruminant animals from Poland, Croatia due to bluetongue disease
China customs has banned the direct and indirect import of ruminant animals and related products from Poland and Croatia due to an outbreak of bluetongue disease, the General Administration of Customs said on its website…
Nissan CFO Ma to head China in management reshuffle, Nikkei says
Nissan Motor Chief Financial Officer Stephen Ma will be reassigned to head the China business as part of the struggling Japanese automaker’s restructuring measures, the Nikkei business daily reported.
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