China’s housing ministry and financial regulator asked local governments to better coordinate with financial institutions to provide financing support to real estate projects, as policymakers work to revive the sluggish housing market.
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China urges better financing coordination for housing sector
China exports pick up, but deflation lingers
STORY: Chinese exports picked up in December, spelling relief for policymakers. Overseas shipments rose 2.3% on the year – that was better than forecast and far faster than the month before. Imports also grew.
China’s exports rise 2.3% in December amid uneven recovery, while consumer prices edged lower
China’s exports grew slightly for a second consecutive month in December even as deflationary pressures continue, according to official data released Friday, underscoring an uneven recovery in 2023.
Asia markets fall as China annual exports drop, Japan bucks the trend to extend record rally
Japan’s markets continues its record breaking rally, while China releases its December figures for inflation and trade.
China trade surplus larger than estimated amid robust exports
China’s trade surplus increased to $75.34 billion in December 2023 from $70.65 billion in the same period the previous year, surpassing market forecasts of $74.75 billion, marking the..
Costco’s Brand New Store In Southern China Sparks Shopping Frenzy Amid Economic Slowdown: Report
Costco Wholesale Corporation (NASDAQ:COST) reportedly made a remarkable entrance into southern China as the opening of its first store drew massive crowds. Customers queued for hours, seizing the …
EU investigators to inspect China’s BYD, Geely and SAIC in EV probe, report says
BRUSSELS — European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric-vehicle …
Shein US IPO hopes uncertain due to potential complications from Chinese regulators
Fast-fashion giant Shein is seeking the approval of China’s regulator to go public in the US, according to reports.
China securities regulator vows to strengthen long-term investment incentives
China’s securities regulator will strengthen incentives for “countercyclical investment” and guide institutions to practice long-term investment, it said on Friday, seeking to boost the country’s …
India and China Try to Outbuild Each Other Amid Looming Frontier War
India is rapidly expanding infrastructure along its border with China in a quest to catch up with its northern neighbor.
China ramps up financial support for technology companies
BEIJING, Jan. 12 (Xinhua) — The National Financial Regulatory Administration issued a circular on Friday, requiring greater efforts to improve financial services for tech companies.
China’s Exports Drop by 4.6% …First Time in Seven Years
Exports recovered in the second half of the year Imports fell as exports fell Automobile and ship exports rose 16% ↓ Exports to Taiwan and the Philippines fell 7.2% ↓ Exports to South Korea fell…
China Says It Brokered a New Ceasefire Between Myanmar’s Junta and Ethnic Guerrilla Groups
The new agreement was brokered at talks mediated by China, though a previously ceasefire pact was not honored by either side.
