Jordan Cvetanovski of Pella Funds shares his take on China’s $1.4 trillion debt relief package and says that he expects ‘bigger things to come’ from the Chinese government in terms of fiscal stimulus in 2025.
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Indonesia says it has no overlapping South China Sea claims with China, despite deal
Indonesia said on Monday it does not recognise China’s claims over the South China Sea, despite signing a maritime development deal with Beijing, as some analysts warned the pact risked compromising its sovereign rights.
China’s COMAC renames regional jet to C909 in marketing push
Chinese planemaker COMAC has rebranded its ARJ21 regional jet as the C909, aligning the plane with the state-owned firm’s naming convention for its other models as it seeks to present itself as an …
Asian markets stutter with focus on China as Trump picks team
Traders struggled Tuesday to bounce back from the previous day’s losses in most markets sparked by disappointment over China’s economic support measures, while keeping tabs on the United States as …
China’s Copper Production Boom Threatens to Crowd Out the Rest of The World
Chinese copper smelters are facing pressure to rein in an expansion that’s pounding the industry’s profitability. The viability of plants across the globe may be at stake. The top consumer of copper globally is on…
China Plans to Slash Homebuying Taxes in Fiscal Stimulus Push
China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter.
Australia moves to keep its banks in the Pacific
Australia will move to stem the exodus of its banks from the Pacific Islands, the country’s top economic official said, as concerns mount that China could bolster its influence by filling in the gaps.
Trump’s crypto support may see China restore digital-asset market, HashKey head says
HashKey chairman and CEO Xiao Feng said a number of factors may compel mainland China to open its digital-asset market in about two years US President-elect Donald Trump’s pledge to support the …
China haircare brand faces backlash as post depicting flirty ‘fake besties’ ‘betrays’ women
Post implies that ‘fake best friends’ may attempt to seduce their friend’s boyfriend, latch onto any man they meet A haircare brand in China has faced significant backlash for allegedly “demeaning …
Flames burst from Boeing plane after reported bird strike, video shows
A video has captured flames bursting from the wing of a Hainan Airlines Boeing jet that struck a bird following takeoff from Italy on Sunday.
Driver detained after Zhuhai hit-and-run
A 62-year-old driver has been detained after a hit-and-run incident at a sports center Monday night in Zhuhai, Guangdong province, which left multiple pedestrians injured, according to a statement from the local public security department.
Bankers see Asia deal drought easing as Hong Kong IPOs pick up
Although the overall value of share sales in Asia may end this year below 2023’s level, partly due to Beijing throttling the number of IPOs on mainland Chinese exchanges, dealmakers are optimistic …
The US is now at risk of losing to China in the race to send people back to the Moon’s surface
However, the US lunar program is delayed, in part because the spacesuits and lunar-landing vehicle are not ready. Meanwhile, China has pledged to put astronauts on the Moon by 2030 – and it has a…