China’s factory gate prices fell at the fastest pace in over seven-and-a-half years in June and missed expectations, while consumer prices were unchanged, as a faltering post-COVID recovery weighed on …
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China ends crackdown on web giants with colossal fines for Ant Group, Tencent
China’s crackdown on web giants Alibaba and Tencent appears to be over, with the two to pay a combined $1.4 billion in fines to atone for past sins as Beijing moves on to “normalized” supervision.
China’s June inflation data misses expectations
China’s producer prices sank more than expected, official data showed Monday, underscoring the challenges for the country in revitalizing growth momentum.
China’s trade still in good place despite woes worldwide
The nation’s export growth witnessed consecutive increases in March and April — by 14.8 percent and 8.5 percent year-on-year, respectively, and then shrank 7.5 percent in May, triggering concerns over …
China’s youth left behind as jobs crisis mounts
President Xi Jinping, who was himself forced to labour in a rural village during the Cultural Revolution, has little sympathy for graduates reluctant to do low-paid jobs. He has constantly urged young people to zizhao…
China factory gate deflation deepens in June on weak demand
China’s factory gate deflation deepened in June and missed expectations, while consumer prices were unchanged, data showed on Monday, as a faltering post-COVID recovery weighed on demand.
Heritage experts discuss space technology use
The discovery encouraged a strong response from the international community, and was a good example of the application of technology in protecting heritage sites, says Guo Huadong, director of the International Centre on Space Technologies…
China’s consumer-driven sectors are a ‘sweet spot’ and opportunity for investors, says KKR
From pet food to liquor and lighting fixtures, global investing company KKR is putting their money behind a suite of consumer-driven sectors in China.
Chinese auto brands on rise as they seize NEV opportunities
China’s auto industry is experiencing a new phase of high-quality development, particularly in the field of new energy vehicles where it has established a competitive edge, said officials at the 2023 …
Jack Ma’s clash with Beijing has cost Alibaba and Ant $1.14 trillion
The lost value for Mr Ma’s properties is a sign of how difficult it will be to rebuild trust with international investors. Read more at straitstimes.com.
Burgum calls China’s Xi a ‘brutal dictator’
North Dakota Gov. Doug Burgum (R), a 2024 presidential candidate, called Chinese President Xi Jinping “a brutal dictator” in an interview that aired Sunday. “Absolutely,” Burgum told NBC’s Chuck Todd on “Meet the Press,
Marketmind: China inflation kicks off week with a bang
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A clutch of key economic data releases showing whether China is starting to emerge from its …
We’re listening: Yellen said US will review ‘unintended consequences’ raised by China
Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to …