Property developer Sunac China said on Monday it expects to report a wider loss for the year ended December 2024, citing lower revenue.
Tagged By beijing
How China is doubling down on trade-ins to boost sluggish consumption
Authorities in China pledged on Sunday to “vigorously boost consumption” and “expand domestic demand in all directions” as they seek to cushion the impact of weak external demand amid an escalating …
Foreign CEOs to flock to China for key summit, Xi meeting, sources say
Former Philippine President Rodrigo Duterte said he takes full responsibility for his administration’s “war on drugs”, in a video message posted on his Facebook account, as he braces for a legal …
Foreign-branded smartphone shipments down 21% y/y in China in Jan, CAICT data shows
Shipments of foreign-branded smartphones, including Apple Inc’s iPhone, in China fell 21% in January year-on-year, according to Reuters’ calculations based on data released on Monday by a …
China’s low-altitude economy takes flight: A new engine for innovation-driven growth
These scenes, once futuristic, are becoming daily realities as China’s low-altitude economy transitions from blueprint to benchmark, reshaping urban life and industrial landscapes. Designated as an …
Campus Football Extravaganza: Bundesliga Coaches Empower Shenzhen Students to Shine
In the vibrant city of Shenzhen, campus football is revolutionizing youth sports culture, and the recent “Ke Miao Miao” Cup class football tournament exemplifies this transformation. This annual event …
‘How gratifying’: Cheers in China as Trump dismantles Voice of America
One nationalist influencer called it “truly gratifying.” Another said he was laughing his head off. And a state-media editorial hailed the demise of what it called the “lie factory.” …
China’s economy improved at the start of 2025, but challenges remain
The Chinese economy showed signs of improvement in the first two months of the year, though the weak housing market remained a drag on growth.
China made rare draw on crude oil inventories amid weak imports: Russell
China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports remained weak.
US meat exports at risk as China lets registrations lapse
Export registrations for more than 1,000 U.S. meat plants granted by China under the 2020 “Phase 1” trade deal lapsed on Sunday, China’s customs website showed, threatening U.S. exports to the world’s …
China’s Jan-Feb retail sales pick up as economy navigates tariff strains
China’s retail sales growth quickened in January-February in a welcome sign for policymakers’ efforts to boost domestic consumption even as joblessness rose and factory output eased, underscoring the …
Crypto update: Bitcoin price today, Russia oil trade, ECB on US reserve, Trump family buying Binance? Check details here
Bitcoin over $83,000 on March 17, ECB member expresses concern over US’s crypto reserve, sources say Russia using crypto to trade oil; and is Donald Trump’s family buying Binance? We bring you the latest crypto…
China’s AI war heats up as Baidu releases DeepSeek rival
Baidu launched its newest artificial intelligence models, Wenxin Big Model 4.5 and Wenxin Big Model X1, intensifying China’s AI battle. The company made the
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