China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a state researcher forecast on Friday, weighed down by a significant drop in construction activity. The …
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China’s 2024 steel demand to fall 1.7%, exports to slow – state researcher
Biting cold to loosen grip as temperatures to creep higher in China
After almost two weeks of below-freezing weather brought by a cold wave that swept through most of China, a round of warm air will begin to flow from the country’s north to south lifting temperatures…
China’s 2024 steel demand to fall 1.7% from this year – state researcher
China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a state researcher forecast on Friday, weighed down by a significant drop in construction activity.
Bank of China, Agricultural Bank cut interest rates on some deposits
Bank of China and the Agricultural Bank of China have cut interest rates on some deposits from Friday, according to the banks’ websites.Rates for 1-year and 2-year time deposits were cut by 10 basis …
China and Russia have almost completely abandoned the US dollar in bilateral trade as the push to de-dollarize intensifies
China and Russia have more than 90% de-dollarized their bilateral trade, according to Russia’s prime minister.
US, China top military officials speak for first time in over a year
The top U.S. military officer held a virtual meeting with his Chinese counterpart on Thursday, the Pentagon said, in the first such conversation in over a year amid hopes by U.S. officials that it …
China Outlook 2024: D.C. Is Wrong – Transformed VCs Will Fund Tech Breakthroughs, Qiming’s Gary Rieschel Says
Chinese entrepreneurs are now looking at the overseas market much earlier in their life cycle,” long-time investor says …
China’s EV and chip giants need workers — not necessarily college grads
China’s vocational school push is producing workers the country’s electric car and semiconductor industries want to hire.
Xi Story: Beacon of China’s reform and opening up, Shenzhen prospers under Xi
In December that year, he chose Shenzhen as the first stop on his inspection tour. During the trip, Xi said reform and opening up was the source of vitality in the development of modern China,…
US Air Force to reclaim Pacific airfield that launched atomic bombings as it looks to counter China
The US Air Force plans to bring the Pacific island airfield that launched the atomic bombings of Japan back into commission as it tries to broaden its basing options in the event of any hostilities…
China’s Agricultural Bank cuts interest rates on some deposits from Dec 22
The Agricultural Bank of China has cut interest rates on some deposits from Friday, its website showed. Some Chinese major commercial banks will cut time deposit rates on Friday, three sources with …
China tries to ‘bury the memory’ and trauma of zero-COVID era
A year after Beijing abandoned the policy’s strict lockdowns and endless testing, its failures remain unaddressed.
2024 Challenger Ron DeSantis Knocks Trump For ‘Praising’ China’s Pres. Xi
Florida Governor and 2024 Republican presidential candidate Ron DeSantis criticized former President Donald Trump’s handling of China, noting that Trump’s rhetoric on China during the 2016 campaign …