It has issued more than 15 trillion yuan of financial bonds in China since 2004. As China’s only agricultural policy bank, it has offered credit support to agriculture and rural areas, with a focus on…
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China’s industrial profits tumble 18% in April as demand sputters
Profits at China’s industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with margin pressures and soft demand amid a …
China Industrial Profits Slide as Weak Demand Weighs on Economy
Profits at industrial firms in China kept falling in the first four months of the year, underlining cooling demand and deepening factory-gate deflation in the world’s second-largest economy.
China’s foreign trade maintains steady growth
China’s foreign trade has been expanding steadily, exhibiting resilience as its economy continues its upward momentum. The country’s international trade in goods and services increased by 7 percent …
London hosts 6th China International Import Expo roadshow
The 6th China International Import Expo (CIIE) roadshow held here on Thursday was attended by over 200 representatives from the British government, business associations and enterprises. The CIIE …
China industrial profits tumble 18% in April as demand sputters
BEIJING (Reuters) -Profits at China’s industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with margin pressures and soft …
China industrial profits tumble for 4th straight month in April
Profits at China’s industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with margin pressures and soft demand amid a …
Russian prime minister warns that U.S. and allies are drawing Moscow and Beijing closer together
Pressure from the West is strengthening Russia’s ties with China, Russian Prime Minister Mikhail Mishustin said in a meeting with his Chinese counterpart in Beijing Wednesday. Mishustin’s visit comes …
A Trader’s Guide to the US-China Chip Spat After Micron Ban
China’s decision to bar Micron Technology Inc.’s memory chips has escalated tensions with the US, fueling worries over what other technology firms Beijing may target.
Ding Xuexiang sets fast pace for China’s hi-tech drive in another sign of new role
The vice-premier’s comments indicate Beijing has raised its push for technology development to a new level Ding is the most senior official to oversee the sector which is facing growing pressure from …
Chinese Cars Are the New Top Automotive Exports in the World
Chinese car brands like BYD, SAIC, and Geely are dominating the export market. In Q1 2023, China’s car makers exported more cars than any other country. The post Chinese Cars Are the New Top …
China remakes its chip business
LAST October, construction plans for a hulking semiconductor factory owned by a major state-backed company in central China fell into disarray. The Biden administration had escalated the trade war …
Joke about China’s military leads to $2M fine and crackdown on comedy
China is escalating it’s crackdown on comedy after a Chinese comedian made a joke about Beijing’s military. CNN’s Will Ripley reports.