The CSI 300 index fell 2.9% on the first trading session of 2025, as investors see more economic trouble ahead in 2025.
Tagged By finance
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit …
US-China tensions set to hit corporate boardrooms hard in 2025
Escalating tensions between Beijing and Washington have put multinational corporations on high alert at the start of the new year.
China’s stock market suffers worst start to the year in a decade
China’s stock market has suffered its worst start to a year in nearly a decade, as investors brace for Donald Trump to impose tariffs on the world’s second-largest economy.
Agricultural Bank of China goes ex dividend tomorrow
Agricultural Bank of China (OTCPK:ACGBY) had declared $0.4001/share semi-annual dividend. Payable Feb. 10; for shareholders of record Jan. 3; ex-div Jan. 3. See ACGBY Dividend Scorecard, Yield Chart, …
Sales surge in 2024 for Chinese EV giant BYD
Leading Chinese electric car maker BYD’s vehicle sales surged in 2024, the company said in a statement, as the firm grows its overseas presence.BYD’s figures come after global EV sales hit a record 1.
Putin orders Russian government, top bank to cooperate with China on AI tech
Putin told the government and state-owned Sberbank to “ensure further cooperation with the People’s Republic of China in technological research and development in the field of artificial intelligence.
U.S. Treasury Hacked—FBI Investigation Underway, China Suspected
An FBI investigation is underway after the U.S. Treasury was hacked by suspected state-sponsored actors affiliated with the Chinese government.
Chinese hackers accessed workstations and documents in a ‘major’ cyber incident, Treasury says
The Treasury Department says Chinese hackers remotely accessed several employee workstations and unclassified documents after compromising a third-party software service provider.
Xi Jinping says China’s 2024 GDP growth set to hit target of around 5%
China’s GDP is expected to grow around 5% in 2024 as President Xi Jinping indicates stable economic progress and effective risk management. Xi emphasizes continued support into 2025, despite external …
Top Republican demands ‘costs’ for China after it hacked Treasury Dept in year marked by CCP espionage
China was behind a ‘major’ hack of the Treasury Department, the Biden administration said Monday, gaining access to unclassified documents and the workstations of government employees.
Xi says China must apply ‘more proactive’ macroeconomic policies in 2025
President Xi Jinping said China will put in place “more proactive” macroeconomic policies next year, state media reported, as he addressed a top political advisory body on Tuesday.”We must… further …
For China to Revitalise Its Economy, It Must Rekindle the Entrepreneurial Spirit.
China’s leadership has acknowledged the need to prioritize consumption and foster entrepreneurship, but these goals require deeper systemic reforms and a bolder embrace of risk-taking to reignite …