President-elect Donald Trump’s pick of Scott Bessent as Treasury secretary may give Beijing room to negotiate with the US over their trade tensions, in part due to his moderate stance on tariffs.
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China Unicom Beijing, Huawei deploy large-scale 5G-Advanced intelligent network
Wireless operator China Unicom Beijing and equipment provider Huawei have deployed what they claim is the world’s first large-scale integrated 5G-Advanced intelligent network. According to Huawei, the …
Apple Chief Tim Cook Returns To China As Beijing Prepares To Fete CEOs
Apple Inc. Chief Executive Officer Tim Cook is visiting China for at least the third time this year, showing up at a suppliers’ conference on the same day a top Beijing official convened an important…
China issues extra crude oil import quota to independent refineries, sources say
China has issued an additional crude oil import quota of at least 5.84 million metric tons (116,800 barrels per day) to independent refiners for cargoes arriving by end-2024 and in early 2025, people …
China c.bank injects $124 bln into banking system via one-year policy loans
China’s central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, as local governments step up selling bonds to ease debt burdens.
China zeroes in on investigating ‘common disputes’ as it reels through spates of ‘revenge crimes’
China’s justice ministry announced that they will be actively probing local disputes after the country witnessed several violent incidents such as mass stabbings and car rammings in multiple cities …
China’s central bank keeps medium-term loan rate unchanged amid yuan weakness
The yuan has come under pressure following Donald Trump’s victory in the U.S. presidential election. Wang Tao, chief China economist at UBS Investment Bank, estimates the MLF to remain at 2.0% this …
Chinese startups suffer as IPO freeze prompts investors to exercise redemption rights
IPO freeze, economic issues lead to rise in redemption requests … “If it hadn’t been for the three-year pandemic, we might really be on the Beijing Stock Exchange by now,” Ma said. A slump in…
Robust growth dispels myths about China’s consumption
In the first half, GDP grew at a rate of 5 percent year-on-year, while retail sales rose 3.7 percent. Despite this, the outlook for Chinese consumption remains mixed, with some warning that the …
Apple Chief Returns to China as Beijing Prepares to Fete CEOs
Apple Inc. Chief Executive Officer Tim Cook is visiting China for at least the third time this year, showing up at a suppliers’ conference on the same day a top Beijing official convened an important…
How Trump’s Tariffs on China Changed U.S. Trade, in Charts
China is no longer the main source for U.S. imports. Mexico took its place last year. That seismic shift started in 2018 after President Trump signed into law a round of tariffs on many Chinese…
New coating can make China’s stealth aircraft invisible to anti-stealth radar: study
Chinese military scientists have achieved the impossible with a new stealth material that can defeat anti-stealth radar The Chinese military has unveiled a stealth material capable of blinding …
China Central Bank Keeps Key Policy Rate Steady
China’s central bank kept a key policy rate steady in November and drained billions in liquidity from the financial system via a medium-term liquidity management tool. The People’s Bank of China on …
