China’s fiscal spending will increase in the second half because there are sufficient projects and funds, said Zhang Yu, chief macro analyst at Huachuang Securities. The broad fiscal expenditure …
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China’s Fiscal Spending Growth Narrows in First Half as Economy Slows Down
China’s steps to boost sales of cars, electronics disappoint market
Chinese authorities announced measures on Friday intended to help boost sales of automobiles and electronics with the goal of shoring up a sluggish economy, but the steps failed to impress investors who have been clamouring…
China’s Zhejiang sees robust trade with strong private sector contribution
HANGZHOU – East China’s Zhejiang province reported robust foreign trade growth in the first half of 2023, with the private sector contributing 79.7 percent of total trade, local customs authorities …
China announces steps to boost sales of cars and electronics
As China’s post-pandemic economic recovery slows, policymakers identified the country’s automobile sector as a key lever to shore up growth.
‘I have great respect for you’: Xi Jinping welcomes Henry Kissinger to Beijing
Chinese President Xi Jinping praised the 100-year-old former U.S. Secretary of State as a friend of China who has visited the country over 100 times and who “ushered in the process of the normalization of…
White House regrets Kissinger had better access in Beijing than current US officials
The White House on Thursday expressed regret that Henry Kissinger was able to get more of an audience in Beijing than some sitting U.S. officials, after the former top diplomat held talks in China.
China FX regulator says will use policy measures to stabilize yuan expectations
Monetary authorities have responded to the rapid losses in the yuan in recent weeks by stepping up efforts to defend it.
China-backed AIIB secures World Bank deal
Since its inauguration, the AIIB has signed co-operation agreements with the World Bank, with which it has co-financed a number of deals. It has a AAA rating, important for multilateral banks because it allows them…
China-linked hackers accessed email of U.S. ambassador, officials say
The hack was part of a targeted intelligence-gathering campaign, U.S. officials familiar with the matter said.
China’s First-Ever Lithium Futures Tumble on Trading Debut
China’s first-ever futures for lithium — an essential ingredient for electric vehicle batteries — got off to a rocky start in their first day of trading.
China agrees to reschedule $2 billion debt
China has agreed to reschedule over $2 billion publicly guaranteed debt of Pakistan for a period of two years, providing a major relief to the government that is in the process of rebuilding foreign …
China announces steps to boost sales of cars, electronics
Chinese authorities announced a raft of measures on Friday to help boost sales of automobiles and electronics, and warned local governments from rolling out policies that would fuel vicious competition,
Xi Jinping meets Henry Kissinger as US seeks to defrost China ties
Chinese president Xi Jinping has given a warm welcome to former top diplomat Henry Kissinger, as the US pursues closer ties with China. Mr Kissinger’s surprise trip to the Chinese capital comes amid a flurry…
