China’s stimulus efforts could come with a cost and they must be carried out alongside reforms to ensure sustainable economic growth, Liu Shijin, a former central bank adviser, said in remarks …
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China stimulus should go hand in hand with reforms, ex central bank adviser says
China accuses EU of ‘protectionism’ after it imposes hefty ‘anti-subsidy’ tariffs on Chinese EVs
China responded with anger to European Union duties on imports of Chinese-made battery electric vehicles, accusing the 27-member country bloc of “pure protectionism” that would hurt trade, consumers …
China’s space station gets new crew as Beijing advances Xi’s “space dream”
Three Chinese astronauts, including the country’s only woman spaceflight engineer, entered the Tiangong space station Wednesday morning following an early morning launch into orbit. The Shenzhou-19 …
China’s looming fiscal package set to stabilise rather than boost growth
China’s planned fiscal package targets damaged property and local government balance sheets that weigh on the economy and fuel deflationary pressures, thus acting as a stabiliser rather than the …
US Readies Guam for Ballistic Missile Defense in Event of China War
The U.S. military is modernizing and enhancing Guam’s defense against the “rapid evolution of adversary threats.” …
EU still has key role as US-China bridge as it ‘does not challenge either on tech’
Latest EU tariffs on Chinese EVs aim to give Europe ‘time to adjust’ to China’s ‘excess capacity’, European academic tells the Post.
US LNG export gains at risk if Trump wins election and boosts tariffs, analysts say
U.S. exporters of liquefied natural gas (LNG) could face new hurdles if Republican Donald Trump wins the presidential election because of a proposed 60% tariff on imports from China, despite the …
Top China bank ICBC, world’s largest, posts 3.8% Q3 profit rise
Industrial and Commercial Bank of China Ltd (ICBC), the world’s largest commercial lender by assets, said net profit grew 3.8% year-on-year in the third quarter. Profit was 98.558 billion yuan ($13.84 billion) in the three…
Exclusive-China Tells Carmakers to Pause Investment in EU Countries Backing EV Tariffs, Sources Say
As Beijing continues negotiations over an alternative to tariffs, Chinese automakers including BYD, SAIC, and Geely were told at a meeting held by the Ministry of Commerce on Oct. 10 that they should pause their…
China lost 36% of its billionaires to years of economic troubles and crackdowns
China lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by the Hurun Research Institute.
China’s big banks post rise in Q3 profits, squeeze on NIM
China’s largest lenders posted a rise in third-quarter profits on Wednesday, although margins were slimmer for some. The frontrunner was Agricultural Bank of China Ltd (AgBank), which reported a 5.88% …
China stimulus should go hand in hand with reforms, ex c.bank adviser says
China’s stimulus efforts could come with a cost and they must be carried out alongside reforms to ensure sustainable economic growth, Liu Shijin, a former central bank adviser, said in remarks …
China cracks down on Halloween, wary of subversion lurking in costumes
Halloween is new to China, but many young professionals embrace costumes as a way to express themselves – and sometimes to send subtle political messages.
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