Everyone knows China has a big problem: major developers are crippled by debts and have left millions of residential units unfinished. Few remember that the People’s Republic has long strived for the …
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China’s economic conditions to improve in 2024 – officials
China’s economy is expected to see more favourable conditions and more opportunities than challenges in 2024, state media said citing officials of the Chinese Communist Party’s finance and economy office.
China: Removing financial risks to build a modern society
THE Central Economic Work Conference that was held recently made it clear that high-quality development is necessary for building a modern socialist country.
China central bank resumes 14-day reverse repos to smoothen year-end cash demand
China’s central bank resumed injecting short-term cash through 14-day reverse repos for the first time in three months on Monday, as it steps up efforts to smoothen increasing year-end liquidity …
Financial openness can help drive economy
The Central Financial Work Conference, held from Oct 30 to 31, highlighted the importance of building a nation with a strong financial sector at a faster pace and promoting high-standard financial …
Chinese brands focus on tech innovation
At the 2023 Boao Forum for Entrepreneurs early this month in Boao, a coastal town in South China’s Hainan province, Chinese entrepreneurs and experts said technological innovation empowers Chinese …
Founder of SenseTime, China’s AI Titan, Succumbs to Unknown Illness Amid US Short Seller Accusations
The billionaire founder of China’s artificial intelligence (AI … The nature of Tang’s illness remains undisclosed, reported Business Insider on Saturday. SenseTime, a partly state-owned company …
China’s property meltdown is battering middle class wealth
Some middle class households are pulling away from investing, or selling assets to free-up liquidity. Read more at straitstimes.com.
COVID-19 infections in China at low epidemic level, no unknown viruses have been found: China CDC
COVID-19 infections in China are at a low epidemic level and no unknown viruses or bacteria have been found during the monitoring of respiratory pathogens in China, according to Chinese health …
China’s economic conditions to improve in 2024 – central finance office
China’s economy is expected to see more favourable conditions and more opportunities than challenges in 2024, state media said citing a government readout. Macroeconomic policies will continue to …
Nissan to sell electric vehicles made in China globally in another sign of automakers responding to Chinese automotive prowess
Western and Japanese carmakers alike are shifting their strategies as affordable Chinese EVs spread around the globe.
End the ‘politically-motivated prosecution’ of Jimmy Lai, Lord Cameron tells China
The Foreign Secretary has called for the release of Jimmy Lai and the ending of his “politically-motivated prosecution”, ahead of the high-profile trial in Hong Kong of the pro-democracy newspaper …
China’s Real Estate Meltdown Is Battering Middle Class Wealth
Stock investments: down 30%. Salary package: down 30%. Investment property: down 20%. As Thomas Zhou reflects on 2023, his household finances are front of mind. Most Read from BloombergUS Frackers …