China said on Friday lawmakers had agreed to raise the local government debt ceiling by $840 billion, opening up new funds for its ailing economy as they eye the possibility
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China opens up copper blending business to private firms, sources say
China has allowed more private firms to blend more polluting complex copper concentrates domestically as the country that smelts half the world’s copper struggles to secure enough standard grades, three people with knowledge of the…
China sentences investor to life in prison after crypto losses lead to US espionage
Wang Moumou—a name no one had heard outside his government unit—is now infamous across China. Here was a guy who was once the perfect poster boy for a public official – hardworking, trusted, and …
China head of pharmaceutical giant AstraZeneca detained after reports of probe into illegal drug imports
Pharmaceutical giant AstraZeneca has confirmed that Leon Wang, the head of its China operations, had been detained.
Steve Madden announces plan to ‘rapidly’ move production out of China following Trump election win
As President-elect Donald Trump’s proposed tariffs loom over the U.S. economy, one popular shoe company is already planning to move production out of China. Steve Madden’s CEO announced on a post-earnings call Thursday – less…
China Unveils $1.4 Trillion Debt Swap, Saves Stimulus for Trump
China’s boldest stimulus blitz since the pandemic has sent … which borrow on behalf of provinces and cities to finance investment in infrastructure. But local authorities have struggled to service …
Italian President Mattarella meets Chinese leader Xi in Beijing amid complex ties
Italian President Sergio Mattarella has met with Chinese leader Xi Jinping Friday on an official visit to China.
Kniffen: China has been exporting deflation, and that’s been beneficial to the retail sector
Jan Kniffen of J. Rogers Kniffen WWE discusses what potential impact higher tariffs imposed by the incoming Trump administration on China and other countries might have on the retail sector.
Senior Beijing officials calls for ‘concrete action’ as he meets Hong Kong tycoons
Hong Kong and Macau Affairs Office head meets real estate tycoons and urges them to ‘recognise their responsibilities’.
China unveils $1.4 trillion stimulus in effort to boost flailing economy
China on Friday announced a $1.4 trillion stimulus program to help local governments deal with debt, as Beijing grapples with a struggling economy and the possibility of a new trade war with the United States…
China allocates billions to local governments to tackle hidden debt issues
NBC News’ Janis Mackey Frayer in Beijing explains why China needs to revive its economy and prepare for a Trump administration.
Bullish On China, But Not On PGJ
China Mobile, China Telecom and China Unicom as the largest three players have net cash on their balance sheets, while AT&T and Verizon are struggling under their debt load. While hoarding cash is …
House Committee Targets Chip Technology Firms for China Ties
It requested information from a handful of firms that make chip manufacturing possible about their commercial ties to China.
