China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and broader economy. The 25-basis point cut to the …
Featured Posts Title
Typhoon Bavi batters eastern China, threatens days of heavy rain
South China Sea joint statement says China’s maritime claims have no basis
After a decade of trying, China just installed a Shenzhen supercomputer ranked the most powerful on Earth, and the Top500 confirms it
Beijing Guoan mourns its former player Manú’s death
‘No legal basis’: US, EU and 13 nations reject Beijing’s South China Sea claims
Typhoon Bavi weakens but still brings strong winds and rain to China
Five Guys to open in Beijing as more US chains hunger for success in China
Recent Posts
China slashes mortgage reference rates to revive property market
Taiwan protests after China boards a tourist boat near Kinmen Island
Taiwan is protesting China’s boarding of a tourist boat as tensions rise around the Kinmen archipelago, which lies just off the Chinese coast but is controlled by Taiwan.
China cuts key interest rate in latest move to boost its ailing property sector
China’s central bank has announced it cut its five-year loan prime rate while leaving its one-year rate unchanged.
China coast guard boards Taiwan tourist boat in escalation of tensions
The incident comes days after a Chinese fishing boat, which was being pursued by Taiwan’s coast guard, capsized killing two …
Fears over China seeking military advantage from ASML tools underlies export blocks, says Dutch trade minister
Fears that ASML’s computer chip equipment will be used for Chinese military ends underlie recent government decisions to deny the company export licences …
Electric Vehicles In China: 10 Key Differences And Why It Matters For The U.S.
America’s electric vehicle industry may have a head start, but China is coming up quickly, penetrating international markets and selling their EVs for less.
China cements grip on tech as Beijing tightens control of economy
The Chinese Communist Party will refine a mechanism through which top decision makers steer technological work. Read more at straitstimes.com.
Taiwan says China triggered ‘panic’ by boarding tourist boat
The boarding of a Taiwanese tourist boat by China’s coast guard near sensitive frontline islands triggered “panic” among Taiwan’s people, a government minister said on Tuesday, but Taiwan’s military …
Tibet Airlines finalises orders for 40 C919, 10 ARJ21 jets from China’s COMAC
China’s Tibet Airlines on Tuesday finalised an order for 40 C919 narrowbody jets and 10 ARJ21 regional jets from Chinese state-owned planemaker COMAC.
Taiwan calls on China to ‘be rational’ after deadly boat incident
Taiwan called on Beijing to “be rational” on Tuesday following a deadly incident involving a Chinese boat and the Taiwanese coast guard, with the island’s premier insisting it would protect its waters …
China shares dip as central bank cuts key rate
Mainland China’s shares fell on Tuesday as its central bank announced a record cut to a benchmark lending rate in a bid to boost its struggling economy.But both were down in early trade Tuesday, as…
China central bank cuts benchmark lending rate to boost economy
China’s central bank on Tuesday cut a key benchmark lending rate used to price mortgages, as Beijing seeks to boost its flagging growth. But that, and recent announcements including central bank …
China’s chip imports and exports fell in 2023
According to data from the General Administration of Customs of the People’s Republic of China (GACC), semiconductor imports and exports fell in 2023 for the second year in a row.
