China’s Vice Finance Minister Guo Tingting met with PWC global chair Mohamed Kande in Beijing on Sept. 19, the ministry said in a statement on Monday.Guo affirmed PWC’s attitude of respecting …
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25 people killed in fire on cargo ship docked in China, state media reports
25 dead after cargo ship catches fire in China’s port, state media says
Cargo Ship Fire in Eastern China Kills 25
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China’s vice finance minister meets with PWC global chair
China’s central bank buys $28.52bln of sovereign bonds in September
The People’s Bank of China said the operation was to “strengthen counter-cyclical adjustment of monetary policy and keep banking system liquidity reasonably ample” …
China’s stock market is closing just as investment outlook is brightening up
The Shanghai Stock Exchange will close from Oct. 1 to Oct. 7 for the China National Day celebrations. Hong Kong’s market will be shut on Oct. 1.
Dodge-maker Stellantis and Aston Martin drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
Chinese Property Stocks Surge as Barrage of Stimulus Continues
Chinese property stocks powered higher in mainland and Hong Kong stock markets, thanks to a barrage of measures from Beijing to stabilize the country’s struggling property market.
Carote’s Hong Kong IPO Is Said to Have Drawn Hillhouse, Shunwei
Chinese kitchenware maker Carote Ltd., which is set to be the first company to list in Hong Kong since Midea Group Co.’s $4.6 billion debut, has drawn interest from investors including Hillhouse …
China holds state ceremony to commemorate fallen national heroes
Chinese President Xi Jinping and other Communist Party leaders took part in a ceremony in Beijing to honor the country’s fallen national heroes a day ahead of celebrations marking the 75th anniversary of the People’s…
Europe’s biggest automaker is in decline. Volkswagen issues second profit warning due to weak demand and fading relevance in China
Europe’s biggest automaker is in decline. Volkswagen issues second profit warning due to weak demand and fading relevance in China.
China’s factory activity contracts less than expected in Sep, shrinks for fifth straight month
China’s manufacturing activity slightly improved in September 2024 from August’s six-month low, surpassing expectations. However, services activity slowed, missing market forecasts and..
Editorial: China urged to promptly resume Japan seafood imports under new accord
The Chinese government has agreed to lift the complete ban on seafood imports from Japan, put into force following the discharge of treated radioactiv …
Chinese Stocks Notch Best Day Since 2008 After Beijing Adds to Stimulus Blitz
China said Sunday that it would allow home owners to refinance mortgages, the latest in a torrent of policy moves aimed at supporting the struggling economy and stock market. The new
Bucsa upsets Mertens in Beijing; makes first WTA 1000 Round of 16
Cristina Bucsa reached the last 16 of a WTA 1000 event for the first time in her career after upsetting No.24 seed Elise Mertens in three sets in the China Open third round. The result…
Analysis-Painful Policy Choices Loom After China’s ‘Monumental’ Consumer Stimulus Plan
Reuters reported last week that Beijing plans to issue sovereign bonds worth about 2 trillion yuan ($284 billion) this year, in part to subsidise consumer goods purchases and child support, …
