More of these delegations have been organized after December 7, when China’s central authorities issued a notice on 10 new measures to further optimize its COVID-19 response. These range from allowing …
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Sign of China’s growing isolation: Foxconn to sell stake in chip giant
A subsidiary of Taiwan’s Hon Hai Precision Industry will dispose of its indirect minority stake in China’s semiconductor giant Tsinghua Unigroup, the latest sign that Beijing’s chip industry is …
China on track for rapid post-Covid economic recovery in H1 2023, official forecasts
After some reopening jitters, the country can expect economic activity to come back to life, particularly in the second quarter, Han Wenxiu says Authorities must also support smaller businesses that …
China expected to boost world economic recovery in 2023
This year, in the face of multiple challenges, China has maintained the overall stability of its economy by effectively coordinating COVID-19 policy with economic and social development, and …
China to maintain ample liquidity in 2023 to implement proactive fiscal policy, state media report
China will maintain reasonably ample liquidity in financial markets while better serving needs from the real economy next year, state media quoted a vice governor of the People’s Bank of China (PBOC) …
China’s 2023 Monetary Stimulus to at Least Match 2022: Official
China’s monetary stimulus in 2023 will at least be as strong as this year, with support continuing for targeted areas such as small businesses, a senior central bank official said.
Rupert Hoogewerf’s China Rich List Has Uncovered Thousands of Billionaires, But Just as Many Are Eluding Him
Rupert Hoogewerf is the founder of Hurun Report, a publisher of rich lists in China since 1999. His work chronicled the golden age of wealth creation in modern China, but what he has captured is…
State Department launches ‘China House’ to coordinate policy on Beijing
The State Department launched the Office of China Coordination, informally known as the “China House,” to coordinate U.S. policy toward Beijing. A department release states that the office will ensure …
WRAPUP 3-In COVID-hit Beijing, funeral homes and crematoriums are busy
Funeral homes across China’s COVID-hit capital Beijing, a city of 22 million, scrambled on Saturday to keep up with calls for funeral and cremation services as workers and drivers testing positive for …
Missed China’s reopening rally? Bank of America names global stocks to ride the second leg
Bank of America’s analysts have found “green shoots of recovery in high-frequency data” that point toward rising earnings at companies exporting to China.
China to Maintain Ample Liquidity in 2023 to Implement Proactive Fiscal Policy – State Media
China will maintain reasonably ample liquidity in financial markets while better serving needs from the real economy next year, state media quoted a vice governor of the People’s Bank of China (PBOC) …
WRAPUP 1-In COVID-hit Beijing, funeral homes with sick workers struggle to keep up
Funeral homes across China’s COVID-hit capital Beijing, a city of 22 million, scrambled on Saturday to keep up with calls for funeral and cremation services as workers and drivers testing positive for …
Chinese leaders vow to prop up Covid-battered economy as virus spreads and death toll mounts in Beijing
President Xi Jinping and his senior officials pledged to shore up China’s battered economy next year as the deaths of two veteran state journalists highlighted the worsening spread of Covid-19 in the …
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