A signal was sent to intensify counter-cyclical adjustments and promote a quicker economic recovery, said Dong Ximiao, the chief researcher of Merchants Union Consumer Finance Company Limited. The …
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China’s lending rate drops amid strengthened policies to boost economy
China Stops Importing Taiwan’s Mangoes, Blaming Pests Amid Political Tensions
China suspended imports of Taiwan mangoes, saying mealybug pests were found in the fruit, in a possible example of “fruit diplomacy” amid heightened tensions between the two near neighbors. The …
China targets Taiwanese mangoes in latest import suspension
BEIJING/TAIPEI–China’s customs authority has suspended mango imports from Taiwan from Monday after detecting pests in the fruit, the latest measures targeting Taiwanese agriculture which Taipei has …
China’s state investors to infuse $1.7B in wafer production plant in Shenzhen – report
State investors including China’s largest government-backed chip investment fund agreed to invest RMB 12.6B ($1.7B) in a wafer production plant in Shenzhen as China tries to strengthen its domestic …
China’s Stock-Market Selloff Deepens After Underwhelming Rate Cut by Banks
Chinese shares took another hit Monday, after banks in the country cut interest rates less than many economists had predicted. Banks lowered the benchmark one-year loan prime rate by 0.1 percentage
As China Falls Into Deflation, the Mood Turns Dark
Consumers and business owners say they feel paralyzed by despair, and their reluctance to spend and borrow is feeding what could become a dangerous cycle.
It’s all about the politics as China targets Taiwanese mangoes in latest spat between both countries
China’s customs authority has suspended mango imports from Taiwan from Monday after detecting pests in the fruit, the latest measures targeting Taiwanese agriculture which Taipei has denounced as …
China Halts Buying Taiwan Mangoes Amid Tensions, Blaming Pests
China suspended imports of Taiwan mangoes, saying mealybug pests were found in the fruit, in a possible example of “fruit diplomacy” amid heightened tensions between the two near neighbors.
China’s Evergrande Bankruptcy Filing Sends Ripples Through Crypto Markets
In a reverberation felt across the cryptocurrency landscape, China’s Evergrande Group’s recent bankruptcy filing has triggered substantial drops in major digital assets and has cast a shadow of doubt …
Alibaba is so confident Beijing’s tech crackdown has ended that it has just listed over 2,000 jobs for fresh graduates
Alibaba’s massive recruitment drive comes at an opportune time for China’s young graduates after youth unemployment hit a record high in June.
China Intensifies Espionage Crackdown Targeting Alleged Spies for the CIA
Beijing has ratcheted up efforts to crack down on spying and adopted a new counter-espionage law that came into effect last month.
Expect a weaker yuan amidst China’s underwhelming policy response: Deutsche Bank
Tim Baker of Deutsche Bank weighs in on his outlook for the Chinese yuan after the PBOC’s cut to its benchmark 1-year loan prime rate.
China Cuts Key Interest Rate Again as Property Slump Spreads
The action by the People’s Bank of China, the central bank, the latest in a series of steps to try to spur lending, was more modest than expected. By Keith Bradsher Reporting from Beijing China’s…
