China’s retail sales are expected to climb 5.5 per cent in 2024, one percentage point lower than the estimated 6.5 per cent in 2023, as consumers rein in their spending, according to the Swiss bank.
Featured Posts Title
Can China restrain Iran? Gulf states test Beijing’s influence
Trump accused China of an ‘election security nightmare’ but then undercut his own warning
White House levels new allegation that China swept up voter data
As China’s A.I. Gets Stronger, It Poses New Risks to Beijing
Beijing pledges faster spending to support China’s economy
China Threatens Retaliation as U.S. Moves to Block Robot Imports
Why did an Okinawan delegation visit a Beijing cemetery amid China-Japan tensions?
Recent Posts
China’s retail sales to weaken this year as falling home prices, jobs outlook feed consumer insecurity: UBS
China’s exports grow for first time in 7 months in relief for factories
China’s exports grew for the first time in seven months in November, suggesting factories in the world’s second-largest economy are attracting buyers through discount pricing to get over a prolonged …
Weak economy, Covid-19 rampage likely shrank China’s population again in 2023
China’s population likely dropped for a second consecutive year in 2023 due to a surge in Covid-19-related deaths after the country abruptly ended strict lockdowns, while weak confidence in the …
Seoul in talks with Beijing on remark opposing S. Korea-U.S.-Japan joint statement: official
SEOUL, Jan. 9 (Yonhap) — South Korea reaffirmed its position to China via diplomatic channels after Beijing reacted against a joint statement by South Korea, the United States and Japan on the South …
China satellite launch over Taiwan triggers islandwide alert
The satellite was launched off the Xichang Satellite Launch Centre in China’s Sichuan province at 15:03 local time, Taiwan’s defence ministry said. Chinese broadcaster CCTV confirmed a satellite named Einstein Probe had been launched from…
Chinese-origin US Navy officer jailed for selling military secrets to China
Chinese-origin US Navy officer jailed for selling military secrets to China – Wenheng Zhao pleads guilty to transmitting secret files to Chinese spy
WRAPUP 1-China’s exports grow for first time in 7 months in relief for factories
Mixed manufacturing data for November has kept alive calls for further policy support to shore up growth but also raised questions about whether predominantly negative sentiment-based surveys have …
Weak economy, COVID rampage likely shrank China’s population again in 2023
China’s population likely dropped for a second consecutive year in 2023 due to a surge in COVID-related deaths after the country abruptly ended strict lockdowns, while weak confidence in the economy’s …
U.S. Navy sailor sentenced to 27 months for stealing military secrets for China
A U.S. Navy sailor who admitted to sending sensitive information about U.S. military to China in exchange for less than $15,000 has been sentenced to more than two years’ imprisonment, the Justice …
Ride the Blockchain Bandwagon with Canaan Stock (NASDAQ:CAN)
With the sharp sentiment pivot, several individual cryptos and sector-related enterprises flourished, except for Canaan (NASDAQ:CAN). Still, those who want a ticket on the blockchain bandwagon might …
Too big to ignore: China made up 15 pc of revenue for the world’s top 200 multinational companies in 2022, Bain’s data shows
China made up about 15 per cent of global revenue for 200 of the biggest MNCs from Japan, Europe and the US in 2022, according to Bain & Co’s data China’s role was even bigger…
China forensic firm cracks Apple’s AirDrop to help Beijing police track senders
A Beijing-based forensics firm has helped police to track down people using Apple’s AirDrop feature to send “ inappropriate speech”, according to the Chinese capital’s Municipal Bureau of Justice. In …
Maldives president courts investors in China as ties with India sag
At an “Invest Maldives” forum in a southern Chinese port city, the Maldivian president shook hands and exchanged words with smiling local officials on a China visit set to deepen bilateral ties as the …