Three Chinese megacities on Monday eased restrictions on buying homes and Beijing’s central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself …
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China megacities ease homebuying rules to boost property market
Former Chinese Finance Minister Calls for In-Depth Analysis of Cryptocurrency Following US Bitcoin ETF Developments
During a recent address at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, former Chinese finance minister Lou Jiwei emphasized the necessity for China to critically assess the evolving …
Chinese Stocks Soar as Beijing Unleashes Major Stimulus Measures
Chinese stocks surged on Monday, culminating a month-long rally propelled by Beijing’s aggressive stimulus measures. Benchmark indexes in China and Hong Kong posted significant gains, with the CSI300 …
China Is Missing in America’s Election Debate
Other than a few glib remarks, surprisingly little was said about China at this month’s US presidential debate. Former President Donald Trump asserted that his proposed import tariffs would punish …
China open to more loans, investments in Nigeria – FG
The Federal Government has clarified that it is not seeking debt forgiveness from China, despite ongoing discussions about debt relief at international forums. According to the Minister of Foreign …
China’s Former Minister of Finance Calls Crypto a ‘Crucial Aspect’ of Digital Economy
The former minister called on Beijing to study the industry in light of Republican candidate Donald Trump’s comments on crypto.
BYD recalls nearly 97,000 Dolphin and Yuan Plus EVs in China over fire risk concerns
BYD, one of China’s leading electric vehicle manufacturers, is recalling nearly 97,000 of its electric vehicles (EVs) due to a manufacturing defect that poses potential fire hazards. The recall, …
Markets with Bertie: IPO mania and the case of the ever-expanding valuation premium
Join fund manager Bertie as he dives into another strategist’s forecast of India’s valuation cooling off, while IPO mania heats up. With emerging market companies racing to list, Bertie examines the …
10 Reasons Shenzhen Should Be Your Next Stop
So, whether you’re already in town, or considering a quick hop-over from Hong Kong (or beyond), here are 10 reasons to make Shenzhen your next stop. This sinuous red pathway winds through lush …
Shanghai to Shenzhen, China eases home-buying rules to wrest property slump
The measures are the latest in a raft of pledges out of Beijing since last week aimed at kickstarting the world’s number two economy …
Communist China is celebrating its 75th birthday. But not everyone is in the party spirit
For much of the past year since China reopened to the world following the Covid-19 pandemic, a pall has hung over large swathes of the country as its economy struggles to regain momentum.
China’s BYD recalls 97,000 top-selling EVs owing to major manufacturing fault
BYD has informed the Chinese regulator it is recalling nearly 97,000 electric vehicles (EVs) for a manufacturing fault involving a steering control unit that could lead to fire risks, the market …
China factory surveys show economy weakening, as Beijing steps up support
Surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus.
