China’s central bank announced the conduction of 137 billion yuan (about $19.36 billion) of seven-day reverse repos at an interest rate of 1.8% on Tuesday.The move aims …
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China’s BYD closer to taking Tesla’s electric car top spot
Chinese company BYD has moved a step closer to toppling Elon Musk’s Tesla as the world’s biggest-selling manufacturer of electric vehicles. The firm said on Monday it had sold a record 526,000 battery …
Asia’s factories end 2023 on soft note amid fragile China recovery
Asia’s factory activity weakened in December, portending a shaky start for the region’s manufacturing powerhouses in 2024 as China’s patchy economic recovery impeded a broader revival in demand.
Xinhua Silk Road: Xinhua-Yushu Wild Cordyceps Sinensis Price Index unveiled in Beijing
The Xinhua-Yushu Wild Cordyceps Sinensis Price Index was officially released on Dec. 27th in Beijing, capital of China, indicating the accelerated development of wild cordyceps sinensis industry …
Japanese, Korean investors dial back on China, but can Beijing find common ground on trade?
China’s Foreign Minister Wang Yi called Japan and South Korea to restart negotiations on a trilateral free-trade agreement in November, amid pressure for them to diversify away.
American Investors Say “No” To China
Wall Street has lined up with Washington to avoid China investments, less out of obedience to the administration or from patriotism but for its own serious reasons.
China’s Xi Jinping makes televised pledge to absorb Taiwan by 2049 deadline
China’s leader Xi Jinping has vowed that his country “will surely be reunified” during a televised New Year’s Eve address, just weeks ahead of key elections in Taiwan. “All Chinese on both sides of …
China talks markets out of a run on the yuan
SINGAPORE: In recent months, China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers.
China went through its Gilded Age; but no model lasts forever
A term from US history is useful in assessing those accomplishments and stumbles. China has gone through its own “Gilded Age,” delivering growth but also creating many new problems.
China’s Xi hails ‘resilient’ economy in bullish New Year speech
President Xi Jinping said Sunday the Chinese economy had grown “more resilient and dynamic” in 2023, despite financial figures continuing to disappoint as the post-Covid recovery stalls. – Greetings …
Woman divorces husband after uncovering affair and love child, awarded 4 properties by China court and wants to recover all money given to lover
A court in China awarded a woman four properties after she discovered her husband had had a secret second family for 12 years.
Foreign investors unwind $33bn bet on China growth rebound
Nearly nine-tenths of the foreign money that flowed into China’s stock market in 2023 has already left, spurred by mounting doubts about Beijing’s willingness to take serious action to boost flagging …
Investors Have Cut China’s Internet Giants Down to Size
HONG KONG—Investors in China’s biggest internet companies have suffered through a tumultuous 2021, a lackluster 2022 and a disappointing 2023. After a lousy three years for the once-hot sector, many …
