China will ramp up fiscal support for consumption next year by raising pensions and medical insurance subsidies for residents as well as expanding consumer goods trade-ins, its finance ministry said …
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China to ramp up fiscal support for consumption next year
Chinese Data Center Operator Yovole Is Said to Consider US IPO
Yovole is considering an initial public offering in the US, people familiar with the matter said, years after the Chinese data center operator’s failed attempt to list in mainland China.
Driver who plowed into school crowd in southern China given suspended death sentence
A Chinese court has issued a suspended death sentence to a man who rammed his car into crowds outside a primary school in southern China last month, injuring more than two dozen people in one…
China’s CATL launches EV platform, flagging safety as top selling point
China’s CATL , the world’s largest battery maker, on Tuesday launched a new electric vehicle platform that it says can withstand 120km/h frontal impact without catching fire or exploding, as it touts …
Exclusive-China plans $411 billion special treasury bond issuance next year, sources say
The plan for 2025 sovereign debt issuance would be a sharp increase from this year’s 1 trillion yuan and comes as Beijing prepares to soften the blow from of an expected increase in U.S. tariffs…
China plans $411 billion special treasury bond issuance next year, sources say
(Corrects to remove extraneous word in paragraph 2) (Reuters) -Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, …
China’s Finance Ministry Vows Greater, Faster Spending in 2025
China’s finance ministry reaffirmed it will increase public spending with a greater focus on boosting consumption to support the economy next year, ahead of growth headwinds from looming US tariffs.
Chinese surveillance tech firm Dahua exits projects in Xinjiang
China’s video surveillance equipment maker Zhejiang Dahua Technology said that it and its subsidiaries have agreed to terminate or exit five projects they signed with local governments in China’s …
Exclusive: China plans $411 bln special treasury bond issuance next year, sources say
Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, which would be the highest on record, as Beijing ramps up fiscal stimulus to…
China to increase budget deficit, ramp up govt bond issuance to support growth
China will raise its budget deficit ratio, intensify fiscal spending and accelerate expenditure in 2025, the finance ministry said on Tuesday.
GCL Energy Technology launches first blockchain-based RWA project in photovoltaic industry
GCL Energy Technology Co Ltd has completed the first Real World Asset Tokenization (RWA) issuance in China’s photovoltaic industry with Ant Digital Technologies, securing 200 million yuan ($27.4 …
China’s in the driver’s seat as EV sales are set to keep growing into 2025
China “will add nearly twice as many EV sales next year as the rest of the world combined,” predicts Rho Motion’s Will Roberts.
FirstFT: The worsening tit-for-tat trade war between the US and China
Also in today’s newsletter, Honda and Nissan agree to merger talks and Bangladesh asks India to return exiled former prime minister …
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