Steel producers in China face a double-whammy of mounting overseas tariffs and weakened domestic demand at home.
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China’s steel exports expected to falter in 2025 as pain from tariffs spread
China’s appetite for thermal coal driving up imports, prices
China is adding renewable energies such as wind and solar to its electricity grid at a record pace, but it is also boosting the use of coal-fired generation, with September data showing a sharp …
Global financial community gathers for Sibos 2024 in Beijing
The Swift International Banker’s Operation Seminar 2024 (Sibos 2024) taking place for the first time in Beijing signifies that China is welcoming global financial institutions to participate in the …
China’s Central Bank Holds Key Policy Rate Steady
The People’s Bank of China kept a key policy steady, a widely expected move after officials made a flurry of rate cuts last month to support the ailing economy.
Horizon Robotics Officially Lists on the Hong Kong Stock Exchange
Horizon Robotics is a key enabler for the smart vehicle transformation and commercialization with its integrated solutions deployed on mass scale. According to data from CIC (China Insights Consultancy),
Americans Who Want to Do Business in China Need to Meet This Man
He Lifeng has a direct line to President Xi Jinping and is a gatekeeper to the world’s second-largest economy.
China’s steel exports face headwinds, expected to drop in 2025 after hitting eight-year high
Steel producers in China face a double-whammy of mounting overseas tariffs and weakened domestic demand at home.
As North Korea, Iran and China support Russia’s war, is a ‘new axis’ emerging?
The thousands of North Korean troops US intelligence say arrived in Russia for training this month have sparked concern they will be deployed to bolster Moscow’s battlefront in Ukraine.
Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs
A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.
China’s Jan-Sept apparent steel consumption down 6.2% y/y
China’s apparent steel consumption in the first three quarters of 2024 slid 6.2% year-on-year to 688 million metric tons, the state-backed China Iron and Steel Association (CISA) told reporters on …
China’s Central Bank Holds Key Policy Steady
The People’s Bank of China kept a key policy steady, a widely expected move after officials made a flurry of rate cuts last month to support the ailing economy.
China central bank conducts medium-term loan operation, with rate unchanged
China’s central bank conducted a medium-term loan operation on Friday while keeping the interest rate unchanged. The People’s Bank of China (PBOC) issued 700 billion yuan ($98.36 billion) worth of one …
China Refrains From Cutting Policy Rate Following Record Trim
China’s central bank kept its one-year policy rate unchanged, after slashing funding costs by the most on record a month ago, suggesting authorities are cautiously pacing monetary stimulus to support …