Taiwan’s exports rose less than expected in October, as benefits from the booming artificial intelligence (AI) industry were countered by the sluggish economy of top trading partner China.
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India’s April-Sept steel imports led by China, govt data shows
India’s imports of steel over the period from April to September were led by shipments from China, according to provisional government data reviewed by Reuters on Friday, and the South Asian nation remained a net…
Swiggy’s $1.4 billion IPO oversubscribed as investors bet on quick-commerce boom
Food and grocery delivery firm Swiggy’s $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with orders on the final day of India’s second-largest …
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The massive support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.
China unveils steps to tackle ‘hidden’ debt of local governments
China will let local governments issue an additional 6 trillion yuan ($837.7 billion) in bonds to swap for off-balance sheet or “hidden” debt over three years, an official said on Friday, in a crucial step…
China unveils steps to tackle ‘hidden’ debt of local goverments
China will allow local governments to issue 6 trillion yuan ($838.77 billion) in bonds to swap for off-balance sheet or “hidden” debt over three years, an official said on Friday.
China’s stimulus plans are choking the profitability of its megabanks, analysts say
The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing credit demand.
Forum hears economists’ prescriptions for curing China’s property woes
Beijing has been urged to take further action to ensure a soft landing for China’s economically important property sector, as the country focuses on preventing debt shocks, restoring market confidence …
Why Trump’s win and missed China-plus-one export opportunity seem to be prompting a trade policy rethink
The election victory of Donald Trump has also exacerbated fears of tariff action against India. However, Trump’s tariff hikes on Chinese products could boost investment interest in India.
Analysis-Ready or Not? How China Scrambled to Counter the Second Trump Shock
Last month China ended a four-year military stand-off with India on their disputed border; in August, it resolved a two-year spat with Japan over the discharge of radioactive water from the Fukushima nuclear plant; and…
Steven Madden C.E.O. Says It Is Moving Production Out of China
The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.
China’s Gray-Zone Offensive Against Taiwan Is Backfiring
Over the past two years, major Chinese military exercises around Taiwan have gone from comparatively rare to almost routine. Beijing launched major drills after former U.S. Speaker of the House Nancy Pelosi visited the island…
No winners in trade, industrial wars, China’s ambassador to US says
There are no winners in tariff or trade wars, nor in wars over science and technology or industry, China’s ambassador to the United States said after Donald Trump won the U.S. presidential election.