China’s aluminium imports in June fell 36.3 per cent from the same month a year earlier, government data showed on Monday, as domestic production ramp-up and persistently weak demand continued to …
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China Adds Liquidity for First Time Since June as Risks Grow
China’s central bank injected additional liquidity into the financial system for the first time since June as a growing mortgage-payment boycott and a virus flareup leads to a sense of crisis.Most …
China Developers Rise as Banks Urged to Tackle Mortgage Crisis
Shares of Chinese developers jumped by the most in nearly a month following a report that the nation’s banking regulator urged lenders to support the sector amid a growing mortgage boycott.Most Read …
World’s Top Selling EV Brand is from China
The world’s best selling EV brand is BYD, a Chinese automaker based in Shenzhen and backed by American billionaire Warren Buffet.
China’s steady economic recovery boosts global expectations for future growth
A string of recently released economic data has once again attested to the resilience of the Chinese economy, which has gathered momentum to achieve a steady recovery. Data from the National Bureau of …
China cuts oil, gas imports as energy demand growth slows
China is continuing to reduce its oil and gas imports in line with the slow demand growth amid the nation’s strict control of the coronavirus pandemic. The world’s second largest energy consumer …
China’s grain, pork and sugar imports in June 2022
The table below shows China’s imports of major agriculture products in June, according to data released on Monday by the General Administration of Customs.The data did not provide a breakdown on the …
China Giving Off Lehman Brothers Energy Across The Economy
The risks emanating from China’s debt markets are dominating investors’ attention, particularly those originating from Evergrande and other property developers which are facing a mutiny among …
Stellantis announces termination of jeep venture with China’s GAC
Stellantis on Monday announced the “orderly termination” of its joint venture with Chinese partner GAC, which has been producing Jeep vehicles since 2010, but has been making losses in recent years.
China accelerates building of computing infrastructure
China has accelerated the building of computing infrastructure amid the country’s push for developing its digital economy. By the end of 2021, super-large and large data centers in use exceeded 450 …
China urges banks to support property sector after mortgage boycott
China’s banking regulator has urged lenders to extend more credit to real estate developers, as a growing number of homebuyers withhold mortgage payments on unfinished housing projects across 50 …
Global carmakers vie for China’s vast auto market
The expo opened at a time when China’s automobile market is recovering from a COVID-induced slump earlier this year. It serves as a platform for automakers from home and abroad to seek new …
China Moves to Control Iron-Ore Imports With New State Company
Beijing is close to forming a new enterprise to manage imports of steelmaking ingredients, to be led by the Chinalco chairman, in a push to secure resources for country’s growth.
