The jobless rate for 16-to-24-year-olds in China, excluding college students, fell to 16.1% in November from 17.1% in October, data from the National Bureau of Statistics showed on Wednesday.
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China November youth jobless rate at 16.1%, statistics bureau says
China central bank bank asks financial institutions to closely monitor bond risks
SHANGHAI: China’s central bank asked some financial institutions engaged in aggressive trading to closely monitor bond risks, said Financial News, a newspaper affiliated with the bank. The People’s …
Hong Kong records first rise in new listings since 2020, as Beijing’s policy pivot refuels optimism
Beijing’s stimulus package has refueled companies’ interest in raising capital in Hong Kong and lured back some foreign capital funds, experts said.
Avatr targets 2026 IPO after series C success
The premium arm of State-owned carmaker Changan revealed the schedule on Tuesday, when it announced that it had finished a Series C financing round, raising over 11 billion yuan ($1.51 billion).
China’s ‘magic weapon’: the network helping Beijing wield influence abroad
Tengbo Yang, a Chinese man who became a confidant of the UK’s Prince Andrew, allegedly worked for a senior part of China’s hierarchy that Beijing calls “its magic weapon”. But this week in London, that…
China ‘spy’ live: Second ‘Chinese agent’ loses legal battle as Beijing accuses UK of ‘smears’
A second alleged Chinese spy has lost her legal battle with MI5 after she was accused of political interference in the UK on behalf of Beijing.The intelligence agency said lawyer Christine Lee had “facilitated financial…
China’s EV maker Avatr raises $1.52bln in fresh fundraising
Changan announced the fundraising in a filing to the Shenzhen Stock Exchange, saying it and other investors planned to jointly boost capital in Avatr …
An underground detector in China will sniff out mysterious ghost particles called neutrinos
Underneath a granite hill in southern China, a massive detector is nearly complete that will sniff out the mysterious ghost particles lurking around us. The Jiangmen Underground Neutrino Observatory …
Top creditor China has not approved any loans to Cambodia so far this year, data shows
China has not approved any new loans to Cambodia in the first nine months of 2024, Cambodian finance ministry data shows, even though it has been Cambodia’s top creditor country in recent years. The …
Congress to vote on new restrictions on US investment in China
Congress is set to vote in the coming days on legislation restricting U.S. investments in China as part of a bill to fund government operations through mid-March, lawmakers said late on Tuesday.
Property market shows stronger recovery signs
BEIJING — China on Monday released its latest housing price data, indicating that the property market in the world’s second-largest economy is on a stronger footing for recovery, supported by a raft …
Chinese FM Wang Yi hopes Trump administration will ‘make the right choices’ and work with Beijing
Chinese Foreign Minister Wang Yi has expressed hopes that the next US administration under President-elect Donald Trump will work with Beijing to promote what he calls “stable, healthy and sustainable …
Eli Lilly’s Alzheimer’s treatment approved in China
China’s medical regulator has approved Eli Lilly’s treatment for early Alzheimer’s, providing patients with another option after Eisai and Biogen’s Leqembi received approval in January, the company said late on Tuesday.
