China will end subsidies for electric and hybrid cars at the end of 2022, authorities have announced, saying the strength of sales in the sector meant state support was no longer needed.
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Will India scoop up more investments at the expense of China in the new year?
Last year witnessed China receiving a smaller share of foreign investments compared to previous years, a trend that started with former US President Trump’s trade war with China. Although his …
China: Four reasons why growth could be better than expected in 2022 – Morgan Stanley
Analysts at investment bank Morgan Stanley remain bullish on the Chinese growth story in 2022, as they cite four key reasons why they expect the above forecasts growth. Key quotes …
China Focus: Digital yuan gains popularity amid broader trial use
China digital fiat currency or the e-CNY has evolved into an ever-expanding presence in Chinese people lives and has shown more ch …
Beijing sees improved external debt structure
The scale of China’s foreign debt maintained general stability and the structure of external debt improved in the third quarter, said Wang Chunying, deputy director and spokesperson of SAFE. The …
China’s services industry a new magnet for foreign investment
It may seem as though foreign investment is flowing more into services and less into manufacturing, but foreign investors are placing more attention on research and development (R …
China’s Tencent Takes Stake in UK Challenge Bank Monzo
Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5 billion.
Interview: China’s securities chief calls for stability, reform in 2022
The focus of China securities regulation next year will be maintaining stability while pursuing reform the country securities chie …
China Evergrande Shares to Halt Trading
China Evergrande Group said its shares will be suspended from trading on Monday, without giving any reason. The embattled property developer has more than $300 billion in liabilities and is scrambling …
US on sidelines as China and other Asia-Pacific nations launch trade pact
The Regional Comprehensive Economic Partnership will eventually eliminate more than 90% of tariffs on commerce among 15 member countries …
China’s Central Bank Issues First Low-Cost Loans to Help Reach Carbon Neutrality by 2060
China’s central bank has issued the first batch of low-cost loans to financial institutions through a new carbon emission reduction facility aimed at helping the country achieve its stated goal of …
China implements new schemes for banks
China’s central bank confirmed on Saturday that it will implement new schemes aimed at encouraging financial institutions to lend to small businesses under pressure due to the impact of Covid-19.
Economic Watch: China’s services industry a new magnet for foreign investment
A visitor experiences intelligent driving during the 2021 China International Fair for Trade in Services in Beijng, capital of China, on Sept. 7, 2021. (Xinhua/Wu Wei) BEIJING, Jan. 2 (Xinhua) — …
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