BEIJING, April 4 (Reuters) – China will safeguard yuan and financial stability, central bank governor Yi Gang told a financial forum on Tuesday, according to a statement from the bank. (Reporting by …
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Rainstorm forces evacuation of over 3,000 residents in suburban Beijing
China is suppressing coverage of deadly attacks. Some people are complaining online
Beijing Pivots to Rein In Excess Capacity Amid Squeezed Industrial Profit
China’s industrial profits fall further in June
China’s Industrial Profits Drop for Second Month Amid Price Wars
China’s industrial profits fall 1.8% in first half
Voters in Taiwan reject bid to oust China-friendly lawmakers in closely watched poll
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Central bank governor says China will safeguard yuan and financial stability
PM reportedly issued invitation to visit Beijing – as it happened
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China property recovery will be slow and unevenly distributed amid income insecurity, distrust of debt-laden developers
one of China’s key real estate brokers. However, March sales increased between 50 and 100 per cent year on year among state-owned enterprises and developers that are in solid financial shape, while …
Foreign cash streaming back to China after Alibaba’s plans
Foreign investors are steadily marching into China in the wake of Alibaba’s plans to restructure, with money managers reckoning it is the latest sign the national leadership is turning friendlier to …
China Slowly Squeezes Global Carmakers Out of Its Massive Market
Legacy automakers have been sounding optimistic lately about vehicle sales in China heading higher following the great reopening. Volkswagen boss Oliver Blume seemed to come away bullish from his …
Pfizer, Merck trim prices in China for Paxlovid, molnupiravir – reports
SHANGHAI, April 4 (Reuters) – Pfizer (PFE.N) and Merck (MRK.N) have slightly lowered the prices of their respective Paxlovid and molnupiravir COVID-19 treatments in China, local media reported on …
Risks loom over China’s top tier banks from property downturn, higher costs
China’s largest banks will see near-term revenue and margin pressures on a persisting property sector downturn, higher costs and a worsening global macro outlook, analysts said, clouding growth …
L’Oreal buys luxury brand Aesop with eye on China
France’s L’Oreal has agreed to buy Australian luxury brand Aesop from Natura & Co for an enterprise value of $2.53 billion, growing its presence in high-end cosmetics with an eye to international …
Mattress group brings major brands to Shanghai
Sweden-headquartered Hilding Anders Group recently brought its three major brands – HILDING, JENSEN and Slumberland – to the 2023 Shanghai International Hotel Engineering exhibition held at the …
Austin Reaves is getting his own signature shoe this summer with a Chinese brand
The brand is the latest from China to try its luck in the NBA scene. Among those whom we’ve seen endorse brands from the Far East are Tony Parker and Lou Williams with Peak, Dwyane…
New China-Brazil cargo air route promotes e-commerce trade
A ceremony was held on Monday for the opening of a new cargo air route linking the southern Chinese metropolis Shenzhen to Sao Paulo of Brazil, which is expected to stimulate the e-commerce trade …
China says unmanned airship over US was isolated, unexpected event
China has made it clear that the unmanned civilian airship that flew over U.S. terriory was an unexpected and isolated event, the foreign ministry said on Tuesday.
China Strikes Back at U.S. Chip Maker Even as It Signals Openness
Beijing’s security review of Micron Technology, which has deep roots in China, could have wide-ranging ramifications for other foreign businesses.