Toby Xu Hong says Alibaba’s substantial investments in AI and delivery services are are an endorsement of China’s progress.
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China to earmark 90 billion yuan for childcare subsidies
BEIJING — China’s central budget will allocate 90 billion yuan (about $12.6 billion) this year to support the issuance of childcare subsidies, the Ministry of Finance said Wednesday.
Trump Set to Make Final Call on China Tariff Truce Extension
US President Donald Trump is set to make the final call on maintaining a tariff truce with China before it expires in two weeks, an extension that would mark a continued stabilization in ties between…
China earmarks $12.5 billion budget for 2025 childcare subsidies
China’s finance ministry on Wednesday said it had earmarked 90 billion yuan ($12.54 billion) as an initial budget for childcare subsidy payments this year, after authorities announced the payment …
HSBC first-half profit slumps 26% as China losses mount
HSBC Holdings reported a 26% slide in first-half pretax profit on Wednesday, missing analyst estimates, as impairments from its investment in China’s Bank of Communications and exposure to Hong Kong …
‘Pervasive sense of fear’: China steps up exit bans
The opaque restrictions existing in China risk damaging foreign business confidence, experts and investors warn.
China’s finance minister pledges stronger fiscal policy support including childcare subsidies to ramp up economy
Chinese Minister of Finance Lan Fo’an pledged on Wednesday to accelerate the implementation of childcare subsidy policy, including gradually rolling out free pre-school education, and providing …
‘The meetings were very constructive’: US, China seek to extend tariff truce, Trump to decide
No major breakthroughs were announced, and U.S. officials said it was up to President Donald Trump to decide whether to extend a trade truce that expires on August 12 or potentially let tariffs shoot …
China’s Finance Minister signals more proactive fiscal support amid rising uncertainty
China’s Finance Minister Lan Fo’an said on Tuesday that the country will ramp up fiscal support to bolster domestic consumption and mitigate mounting economic headwinds. Lan Fo’an emphasized that …
China Finance 40 Forum
The latest news and top stories on China Finance 40 Forum. A prominent Beijing based non-governmental non-profit think tank, the China Finance 40 Forum (CF40) is dedicated to policy research on …
US and China end trade talks with no breakthrough
The US and China have wrapped up another round of trade talks without any major breakthroughs, despite discussions that both sides described as “constructive”.
S&P 500 Breaks Winning Streak After U.S.-China Meeting Ends Without a Deal
Earnings reports showed signs of tariff-induced stress.
China is offering parents $500 annually for each new child they have for 3 years in an effort to boost declining birth rate
China is offering couples a subsidy to have children. The country’s government will pay $500 per year until the child is three years old. The move comes as concerns about China’s birth rate grow. Some…
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