BEIJING — China’s general public budget spending expanded 3.4 percent year-on-year to 10.8359 trillion yuan ($1.52 trillion) in the first five months of 2024, the Ministry of Finance said Monday.
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China’s general public budget spending up 3.4% in Jan-May
China’s Fiscal Income Drops at Quickest Pace in More Than a Year
(Bloomberg) — China’s fiscal revenue shrank at the fastest pace in … according to Bloomberg calculations based on data from the Ministry of Finance. The combined spending under the two accounts …
China wants EU to scrap proposed higher tariffs and ‘abide by WTO rules,’ state media reports
Scrapping the tariff decision on Chinese EVs is set to benefit both sides, Global Times reported, quoting observers.
China is greenlighting possible death penalties for ‘diehard’ supporters of Taiwan gaining independence
China has no legal jurisdiction in Taiwan, but recommendations like the one issued on Friday are likely to put a further dampener on Taiwanese business. Taipei has already been dropping support for …
China says it reserves right to take measures against US planned investment curbs
China is gravely concerned and firmly opposed to U.S. proposed rules for curbing certain investments in China, and reserves the right to take corresponding measures, the Chinese commerce ministry said on Monday.
China Lures $2.3 Billion of Middle East Sovereign Money in 2023
About $2.3 billion of Middle East sovereign wealth fund capital flowed into the greater China market last year, Hong Kong Monetary Authority’s Kenneth Hui said at a conference on Monday.
5th anniversary of ‘Beijing Author Day’ celebrated at 30th Beijing International Book Fair
The “Beijing Author Day” brand event aims to involve more writers, scholars, Sinologists, and international publishers in promoting Beijing literature and stories.[Photo provided to chinadaily.com.cn] …
Exclusive-China’s ByteDance working with Broadcom to develop advanced AI chip, sources say
China’s ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok’s owner secure sufficient …
Exclusive-China’s ByteDance working with Broadcom to develop advanced AI chip, sources say
China’s ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok’s owner secure sufficient …
China is watching warily as Putin and Kim forge new ‘alliance’
As Russian President Vladimir Putin glided through the crowd-lined streets of Pyongyang atop a luxury Mercedes-Benz alongside his North Korean host Kim Jong Un this week, the two autocrats’ most …
China Development Bank ups loan support for green projects
[Photo/Xinhua] BEIJING — The China Development Bank, a major policy bank in the country, has strengthened financial support for the green and low-carbon industries. The bank issued over 200 billion …
China’s ByteDance working with Broadcom to develop advanced AI chip, sources say
In addition to TikTok and short-video app Douyin, ByteDance operates a ChatGPT-like chatbot service called Doubao.. Read more at straitstimes.com.
Southeast Asia is the top choice for firms diversifying supply chains amid U.S.-China tensions
Rising tensions between Washington and Beijing have led firms to diversify supply chains away from China even as they maintain a presence in the country.
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