China’s economy has “hit the brakes” with Xi Jinping forced to intervene amid sluggish growth. Beijing witnessed its economy stumble in the second quarter, with growth of 4.7 per cent across the three months to…
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Beijing to Fully Open Ming Tombs to Tourists to Further Showcase Ming Dynasty Culture at The Ming Culture Forum 2024
Beijing, China–(Newsfile Corp. – July 15, 2024) – The Ming Culture Forum 2024 was recently held in the district of Changping in Beijing. With the theme of “The Splendid Age of the Colorful Ming,” it…
Open questions | Stephen Roach on how Beijing can right its economic course and the US’ big China ‘blunder’
Economist Stephen Roach talks China’s third plenum, its long-term growth prospects and why efforts to limit its green tech development are hypocritical.
China’s Commodities Imports Ease in June on Sluggish Economy
China’s appetite for commodities eased in June, as a sluggish economy took the edge off import demand across a number of key raw materials.
Temasek aims to invest up to US$12bil in India as China weighs
favouring the South Asian nation as it turns cautious on China. India’s economy is growing sharply and its stock markets are trading near record highs amid an IPO and dealmaking boom. India accounts …
Temasek aims to invest up to $12 billion in India as China weighs
Temasek last week said that profits from investments in the United States and India were helping it cushion the impact of underperformance in China.
China to Lift Bitcoin Ban? Reports Stir Crypto Community Debate
Galaxy Digital CEO Mike Novogratz recently shared that China might lift its cryptocurrency ban in the fourth quarter of 2024.
Global smartphone market recovers with Samsung, Apple ahead of Chinese brands Xiaomi, Vivo and Oppo
In China, the resurgence of Huawei and consumer demand during the midyear 618 shopping festival contributed to growth, Counterpoint Research noted The global smartphone market grew by 6 per cent year …
Swatch profits plunge as China luxury crisis bites
Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in China and warned Monday the key market was likely to remain difficult throughout the rest of the year.…
Burberry ousts chief executive; China economic growth disappoints – business live
Live, rolling coverage of business economics and financial markets as FTSE 100 fashion company appoints new boss after ‘disappointing’ losses
China State Media Says US Democracy ‘In Deep Trouble’ After Trump Shooting
Academic Lü Xiang said that it is not hard to imagine further violent incidents occurring because of the “poisonous environment” in America.
China asks WTO to establish expert panel on US electric vehicle subsidies dispute
China has submitted a request to the WTO to set up an expert panel to consider a dispute settlement against new energy vehicle subsides under the U.S. Inflation Reduction Act, China’s commerce …
Galaxy CEO Novogratz Reacts On China’s Latest Bitcoin Stance
Galaxy CEO Mike Novogratz has lauded the recent updates on a potential policy shift in China with their cryptocurrency plan, sparking market discussions.
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