Just a day after China’s central bank reiterated that it was sticking to its policy of limited stimulus measures, policy makers surprised observers Wednesday by announcing a packet of 1 trillion yuan …
Tagged By business
US tariffs on China goods are yesterday’s problem for exporters – it made some even stronger – but now they face a bigger threat
As Biden maintains Trump-era tariffs on Chinese goods, industry experts say the punitive taxes don’t matter like before, calling them ‘entirely political, not economic’ But a broader drop in demand …
China Imports More Russian Oil Despite Risks
China’s imports of Russian seaborne crude are rising, but their trajectory going forward remains a mystery as the West tightens sanctions on Moscow.
Apple’s iPhone makes for 50% of China’s high-end smartphone market
Strong iPhone 13 sales helped Apple take up 46 per cent of China’s market for smartphones that cost more than $400 …
China’s latest Web3 strides: From digital Yuan payment in metros to Beijing metaverse development plan
The push to increase mainstream adoption and utility of the digital yuan has become very evident. The Chinese government has even partnered with food-delivery giant Meituan and e-commerce platform JD.
Estée Lauder: COVID In China Drove Weak Q4 FY22 Results And FY23 Outlook
EL shares have fallen 5.8% since Q4 FY22 results last Thursday, and remain 20% down from a year ago – a bargain in our view. Click to read our analysis.
China to take steps needed to protect Chinese firms following U.S. export control list
China’s commerce ministry said on Thursday it will take the measures needed to protect the legitimate rights of Chinese companies after the U.S. added seven Chinese entities, mostly related to …
China drops some COVID reporting rules for cross-border travellers at customs
Chinese customs said on Thursday it no longer required cross-border travellers to report certain COVID-related information, such as tests and previous infections, when clearing customs.
China and the GCC: Bilateral Trade and Economic Engagement
We discuss how China has become increasingly engaged with the six Gulf Cooperation Council (GCC) countries over the past 20 years.
China and the GCC: Bilateral Trade and Economic Engagement
We discuss how China has become increasingly engaged with the six Gulf Cooperation Council (GCC) countries over the past 20 years.
China economy: 7 ‘Xiconomic’ policies that have guided growth over the past decade
‘Xiconomics’ encapsulates the long-term guiding principles of the world’s second-largest economy, and is central to ‘Xi Jinping Thought’ Xi’s philosophy has seen China expand global influence with the …
A drought in China hits industry
But the rupture between the two cities reveals how far the drought is rippling through supply chains. China is in the midst of what is being called the worst heatwave ever recorded. The south-west has…
China’s July net gold imports via Hong Kong at 9-month high
China’s net gold imports via Hong Kong jumped to a nine month high in July, data showed on Thursday, with banks snapping up bullion as Beijing works to revive an economy hit by a resurgence…