BEIJING – China’s mobile phone shipments surged 22.1 percent year-on-year in December 2024 to nearly 34.53 million units, data from the China Academy of Information and Communications Technology …
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China’s mobile phone shipments up 22.1% in December
China January Bank Lending Hits Record High on Policy Stimulus
New bank lending totalled 18.09 trillion yuan last year, down from a record 22.75 trillion yuan in 2023 and hitting the lowest level since 2019, as businesses and consumers remained cautious about …
Starbucks’ CEO is plotting a huge expansion in the Middle East and China
Starbucks plans to open 500 new stores in the Middle East and “many more thousands” in China, said Brian Niccol, the company’s CEO.
Why China’s tech market is back in business
The rise of China’s DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.
China January new bank loans surge to 5.13 trillion yuan, beat expectations
Chinese banks extended 5.13 trillion yuan ($706.40 billion) in new yuan loans in January, up sharply from December, outpacing analysts’ forecasts and hitting an all-time high, as the central bank …
China’s Real Estate Bust Leads Other Countries
China’s stimulus boom helped inflate global demand and real estate prices after the 2008 recession, but mean reversion has been in motion since 2020 and counting. Click to read.
China rights monitors suspend work, lay off staff after U.S. aid freeze
Dozens of non-government groups monitoring dissent, human and labour rights in China have laid off staff after being forced to suspend work following a freeze on foreign aid by U.S. President Donald …
China’s Mixue seeks US$500 million in Hong Kong IPO after Guming’s share sale
Chinese bubble tea maker Mixue Group plans to raise about US$500 million from its Hong Kong initial public offering (IPO) after peer Guming Holdings completed a US$232 million upsized share sale in …
China’s Xi Jinping to chair symposium attended by Jack Ma and other business leaders: Sources
Chinese President Xi Jinping plans to chair a symposium to boost private sector sentiment next week that will be attended by the country’s business leaders including Alibaba co-founder Jack Ma, three …
Exclusive: Xi to chair symposium attended by Jack Ma and other Chinese business leaders, sources say
Chinese President Xi Jinping plans to chair a symposium to boost private sector sentiment next week that will be attended by the country’s business leaders including Alibaba co-founder Jack Ma, three …
China’s agriculture ministry issues guidelines to promote biotech cultivation
China’s agriculture ministry issued guidelines on Friday to promote biotech cultivation from 2024 to 2028, a ministry statement showed.
Japan’s China investment drops 60% in 10 years as firms rethink strategies
Geopolitical considerations and intense competition from domestic firms have led Japanese companies to move their China investments elsewhere.
China issues US$8.2 billion in bills in Hong Kong to stabilise yuan amid trade tensions
Move is the latest in a series by China’s central bank that support Hong Kong’s status as a global hub for offshore yuan business.
