The rise of China’s domestic brands, a growing share of EVs and the country’s economic slowdown are undermining the dominant position BMW, VW and Mercedes once held in the world’s largest car market.
Tagged By beijing
China’s economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
China’s economy expanded at an annual rate of 4.6% in the July-September quarter, the government said Friday, in the latest evidence that recent efforts to rev up growth have yet to take hold. The world’s…
Warnings Of Taiwanese Vulnerabilities To Beijing Surface
The Foundation for the Defense of Democracies warns Taipei and Washington of non-military ways that Beijing can attack Taiwan.
Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers
Hong Kong has recorded its busiest week for new IPO launches in almost two years with deals opened to raise up to $1.3 billion, giving bankers and investors confidence the two-year share sale freeze …
China rolls out $112 bln funding schemes to bolster stock market
China’s central bank kicked off two funding schemes on Friday, that will initially pump as much as 800 billion yuan ($112.38 billion) into the stock market through newly-created monetary policy tools.
Stock market today: Asian shares gain as China releases plan for market support
Asian shares are higher after China’s central bank released plans for supporting stock markets through share repurchases.
China reports third-quarter GDP growth of 4.6%, slightly beating expectations
China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters. Other data also released …
UK Foreign Secretary Lammy Says Engagement With China Is Necessary at Start of 2-Day Visit
Britain’s foreign secretary has called engagement with China “pragmatic and necessary” as he makes the first visit to the country by a Cabinet member from the Labor government that took control in Jul …
China’s economy grows at a 4.6% rate in the last quarter, below the official 5% target
China has reported that its economy expanded at a slower-than-expected rate of 4.6% in the July-September quarter …
China’s property investment falls 10.1% y/y in Jan-Sept
Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data showed on Friday.
China’s property investment falls 10.1% y/y in Jan-Sept
Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data showed on Friday.
China’s ‘Professional Children’ Want to Buy Less and Experience More
China’s property downturn is entering its fourth year. Government officials and retail businesses alike have been worried about consumption downgrade, the notion that when economic prospects are weak, people trade expensive goods and services for…
China’s ‘Professional Children’ Want to Buy Less and Experience More
China’s property downturn is entering its fourth year. Government officials and retail businesses alike have been worried about consumption downgrade, the notion that when economic prospects are weak, people trade expensive goods and services for…
