Meituan’s quarterly revenue climbed a better-than-expected 22%, signaling a gradual recovery in online commerce and travel as Beijing tries to jumpstart the economy.Most Read from BloombergIn …
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China and Japan’s Entertainment Sectors Reflect Economic Struggles Amid ‘Japanification’ Fears
China’s long-term bond yields have fallen below Japan’s for the first time, a momentous economic shift indicative of growing deflationary pressures.
China central bank conducts 800 bln yuan of outright reverse repos in Nov
China’s central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November.
Uniqlo risks boycott in China after CEO’s Xinjiang comment
Casual wear giant Uniqlo is facing calls for a consumer boycott in China after the CEO of the clothing company’s owner said it does not source cotton from China’s Xinjiang, which has faced allegations …
China’s Local Governments Hold Back Wages in Desperate Scrape for Cash
Beijing’s recent attempt to address the trillions in hidden debt held by local governments only scratches the surface.
China’s home prices set to stabilise by 2026 after slower falls – Reuters poll
China’s home prices are expected to fall at a slower pace this year and next, and stabilise in 2026, a Reuters poll showed, as a slew of support measures to reverse a years-long property slump…
China investigates a top military official as Xi broadens purge of PLA generals
China has suspended a top military official and placed him under investigation for corruption, the defense ministry said, as leader Xi Jinping broadens a sweeping purge in the upper ranks of the world …
China General Education Reports 2024 Financial Results
Despite this growth, the company’s gross profit decreased to RMB 157,528,000 from RMB 174,901,000, and net profit fell to RMB 108,416,000 from RMB 137,256,000. The decline in earnings per share from …
High-ranking military official in China placed under investigation, defense ministry says
High-ranking military official in China placed under investigation, defense ministry says – China’s Defense Ministry says a a high-ranking military official is under investigation …
China Minsheng Bank Wins Legal Battle Over Loan Dispute
China Minsheng Banking (HK:1988) has released an update. China Minsheng Banking Corp. has successfully upheld a legal decision against Oceanwide …
US business cycle calls for deeper China-US economic ties
China’s Vice Minister of Finance Liao Min recently met with several business and academic leaders from the US in Beijing. During the talks, the US representatives voiced their hope to strengthen …
China investigates high-ranking general as Xi’s military purge broadens
China has suspended a top military official and placed him under investigation for corruption, the defense ministry said, as leader Xi Jinping broadens a sweeping purge in the upper ranks of the world …
Foreign financial institutions beef up investment in China amid greater opening up
This year, other foreign financial institutions, especially securities firms, have also increased their presence in the country as China steadily promotes the all-round institutional opening up of the …
