BEIJING – China’s economy is still in a stage of medium-speed growth of about 5%, and there may be the potential for it to continue to grow at this rate for another five to 10…
Featured Posts Title
China’s Beijing further relaxes homebuying curb, authorities say
Beijing eases homebuying rules for non-residents, cutting social insurance, income tax requirement to one year
This year could mark a space-race tipping point. Here’s what to know about China’s secretive program
Heavy Rains Drench Beijing as China Braces for Typhoon Dolphin
China is gaining ground in AI. But the US still has a major advantage
Beijing E-Town unveils city’s first token economy policy package
China’s COVID-19 positivity rate shows signs of stabilization
Recent Posts
China’s economy still in medium-speed growth stage – c.bank advisor
Putin calls for closer Russia-China cooperation on military satellites and prospective weapons
Russian President Vladimir Putin has told a senior Chinese military official that Moscow and Beijing should expand their cooperation on military satellites and other prospective defense technologies
China’s Xi Jinping turbocharges state role in energy, rail–laying stable track but sparking market worries
Xi Jinping spoke in favour of the continued presence of the state in strategic economic sectors, bolstering national security goals but likely crowding out private entities.
IBM, China Mobile push for swift AI uptake
The heads of IBM and China Mobile touted the upside of AI but raised flags over the need for the responsible development of the technology and the impact on data and computing infrastructure.
China’s senior officials vow to have intensified regulations to prevent financial risks as FSF kicks off in Beijing
Chinese financial regulators on Wednesday vowed to put in place intensified regulations to prevent financial risks while deepening supply-side reforms and expanding opening-up in the sector, as the …
China Faces Fresh Conflict on Its Doorstep
China sent its Assistant Foreign Minister, Nong Rong, to Myanmar to call for calm, following clashes between armed groups and the military government led by Senior General Min Aung Hlaing, which seized power in a…
China’s central bank on hand to support debt-ridden local governments, governor Pan Gongsheng says
People’s Bank of China (PBOC) governor Pan Gongsheng told the Financial Street Forum 2023 in Beijing the debt level of the Chinese government is at the mid-to-lower level internationally.
Irish beef exports to China suspended after BSE case
Beef exports from the Republic of Ireland to China have been suspended after a case of atypical BSE, commonly known as mad cow disease, was detected in a cow.
China drives BRICS initiative for CBDC as SWIFT replacement
In a bold stride toward financial sovereignty, the BRICS bloc, fortified by China’s pioneering efforts, is advancing towards an innovative central bank …
China records lowest foreign investment on record, experts blame new laws for stifling much-needed growth
The U.S. has made a deliberate effort during the Trump and Biden administrations to diversify and decrease its reliance on China, resulting in Canada and Mexico exporting more to the U.S. than China as of…
China’s Export Decline Adds Domestic Pressure Amid Global Economic Headwinds
China continues to experience a significant drop in exports … As reported by The Wall Street Journal, the rebound is not yet stable with recent business surveys indicating a drop in factory orders and slower…
Uruguay Reflects Latin American Drift From U.S., Turn to China
Having tried and failed to get a free-trade deal with the U.S., Uruguay is now negotiating one with Beijing amid a Chinese charm offensive, reflecting similar situations across the region.
China’s EV Sector Is ‘Absolutely Booming,’ Says Standard Chartered CEO
Despite a general slowdown in China’s post-Covid economic rebound, Winters noted that the country is making strides toward a more robust and sustainable economy.
