Key economic indicators from China will provide insights into September’s activity. If the data suggests a sluggish economic outlook, it could pose challenges to China’s goal of achieving a 5 percent GDP target.
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China’s rate cuts may actually worsen the economy
Without more help on the demand side, China’s rate cuts could actually make the economy even worse by exacerbating the deflation problem. A big reason why is that China’s growth still relies more on production…
China says detained Foxconn workers suspected of bribery
BEIJING: China is investigating four workers at Taiwanese technology giant Foxconn for suspected bribery and embezzlement, Beijing’s state media said Saturday (Oct 12), after authorities in Taipei …
Taiwan’s China Airlines denies facing pressure about aircraft order
Taiwan’s largest carrier has been weighing Boeing’s 777X and the Airbus A350-1000 as replacements for its fleet
Trump has blasted China’s trade practices. His ‘God Bless the USA’ Bible is printed there
Global trade records show a publisher in China’s eastern city of Hangzhou shipped close to 120,000 of the Trump Bible to the United States between early February and late March.
China Threatens Countermeasures over Taiwan’s Trade Restrictions
China’s Ministry of Commerce has warned of potential countermeasures after identifying Taiwan’s trade-restrictive measures as violations of fair trade practices. Despite investigations demanding the removal of import barriers on over 2,
Tim Walz’s China ties are just too deep to ignore
According to Rep. James Comer (R-Ky.), chairman of the US House Committee on Oversight and Accountability, whistleblowers have revealed “serious concerns among DHS personnel regarding a longstanding connection between the Chinese Communist Party and Minnesota…
China Says Major Disagreements Remain With EU Over EV Tariffs
China urged the European Union not to conduct price negotiations with individual electric vehicle manufacturers, as eight rounds of negotiations in Brussels failed to result in an agreement over …
China urges EU not to affect EV tariff talks with separate price negotiations
China urged the European Union on Saturday not to conduct separate negotiations over the prices for China-made electric vehicles, warning that would “shake the foundations” of bilateral tariff …
China Vows to Unleash More Borrowing to Spur Economy and Strengthen Banks
The finance minister said Beijing would sell bonds to supplement spending and help banks but did not detail how much.
China car sales rise, snapping five-month decline on subsidy boost
China’s passenger vehicle sales rose 4.3% in September from a year earlier, snapping five months of decline with a boost from a government subsidy to encourage trade-ins as part of broader stimulus …
China’s Major Banks Slash Mortgage Rates to Boost Economy
China’s four major state-owned banks, including China Construction Bank Corp and Bank of China, announced mortgage rate cuts starting October 25. This strategic move aims to alleviate homeowners’ financial burdens and stimulate the property market,
Turkey imposes duties on China, Russia, India, Japan steel imports
Turkey has imposed anti-dumping duties on some steel imports from China, Russia, India and Japan, according to a decision published in the Official Gazette on Friday, with the highest tariffs on Chinese imports.
