China’s capital city Beijing has set a growth target of around 5% for 2024, surpassing last year’s target of above 4.5%, despite expectations of slower growth for the national economy.
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China appears to pull off satellite feat that NASA has never achieved
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China’s exports growth tops expectations in June; rare earth shipments surge 60% to record high
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Private firms, weaker growth and limited fiscal space will make it difficult for Beijing to rein in ‘neijuan’, analysts say
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Beijing sets 2024 growth target higher despite slowing economy
China’s residential foreclosures increase 43% in 2023
The number of foreclosed homes in China rose 43% year-on-year in 2023, according to a private survey on Monday, highlighting a worrying trend of rising mortgage delinquencies amid a sustained property …
HSBC chair ‘confident’ on China investment, meets vice president – state media
BEIJING/HONG KONG, Jan 22 (Reuters) – China’s Vice President Han Zheng on Monday met with HSBC (HSBA.L), opens new tab Chairman Mark Tucker in Beijing and urged the banking giant to deepen cooperation …
2023 was a bad year for China’s finances and 2024 won’t be any better
the Chinese threats to invade Taiwan and the tensions between China and many of its neighbors? A climate that hardly favors economic expansion. Feeling broke on a $665K salary: This surgeon and his …
Foreign auto brands boost exports as China sales remain weak – data
China is estimated to have overtaken Japan as the world’s largest auto exporter in 2023, thanks largely to the strength of nimble local companies such as Chery, SAIC , Geely and BYD. But 18 foreign…
Shenzhen latest Chinese football club to fold under weight of past debt, refused license for 2024 season
Inaugural Chinese Super League champions were relegated at the end of the 2023 season, and have been denied admission by football bosses on the mainland.
China is moving up the rare earth value chain. The West is trying to catch up
It used to provide cheap raw materials to Western nations to make high-end products for clean energy. Now China is importing upstream products, then exporting the downstream, value-added ones.
German exports to US, China fall sharply in December
Exports to Germany’s most important overseas trade partners, including the United States and China, fell significantly at the end of last year, according to statistics office data on Monday.In …
25 experts calculated the scenarios they think could play out in the US-China relationship. All the results are bleak.
Copy Link The future of US-China relations looks grim … none of these scenarios include an outcome many investors and business leaders still hope for — a dream of shared growth that seemed possible …
How reliable is China’s GDP data? 2024 in focus after debatable 2023
“I think the skepticism inside China and outside China about the official data seems widespread and justified,” said Scott Kennedy, a senior adviser and Trustee Chair in Chinese business and economics …
Nvidia chief visits China for the first time in 4 years as Chinese market headwinds mount
Nvidia chief Jensen Huang Jen-hsun visited China for the first time in four years to attend company annual meetings, as mainland Chinese market challenges mount for the US chip giant.
China vows judicial disclosure after outcry over plan to curb access to rulings
China’s top court has pledged to “deepen judicial disclosure” after its plan to curtail access to court decisions faced unusual public criticism from lawyers and legal experts. The Supreme People’s …
China’s yuan holds steady on unchanged lending rates; offshore yuan liquidity tight
China’s yuan held steady against the US dollar as the central bank skipped interest rate cuts in its market operations on Monday, while offshore yuan funding costs surged to their highest in nearly …
