The special financial zone in Johor will offer incentives to boost investment and economic growth, focusing on key export sectors Forest City’s special financial zone (SFZ) will be launched on Friday …
Tagged By finance
Pork Prices Are Exploding in China, but Inflation Has Barely Budged in the World’s Second-Largest Economy
As everyday Americans deal with inflation by opting for cheaper proteins like sausage, China is wrestling with a meaty puzzle of its own. Pork prices are up 20 percent since the start of this year,…
Africa: Outcome of China-Africa Forum – China Earmarks $50bn Financial Support for Africa in Next 3 Years – Chinese Ambassador
The Chinese government will provide $50.6 billion of financial support through the next three years to African countries for the implementation of the 10 partnership actions reached at the 2024 Summit …
Shanghai slammed by what China says is the city’s strongest storm in seven decades
Shanghai was brought to a standstill on Monday by what authorities say was the strongest typhoon to directly hit the Chinese financial hub in more than seven decades, with flights, trains and highways …
Financial hub of 25 million people braces for lashing from worst cyclone to hit the city since Gloria in 1949
Financial hub of 25 million people braces for lashing from worst cyclone to hit the city since Gloria in 1949.
China finance hub Shanghai braces for potentially devastating typhoon
Shanghai, China’s financial hub, has closed its seaports and canceled more than 600 flights as it braces for what may be the strongest tropical storm to hit the city in 75 years.
Kamala Harris attacks Donald Trump’s tech trade plan during the debate: ‘He basically sold us out’ to China
The vice president called for U.S. investment in technology and workers “to win the race on AI” and quantum computing.
Another Key Executive at Bank of Beijing Falls From Grace, Sources Say
Xu Ningyue, who served as a vice president from 2005 to 2016, and Yan Bingzhu, who was president before Yan Xiaoyan took over in 2002, were taken away by authorities in 2022 and 2023, respectively,…
China hit hard by new Dutch export controls on ASML chip-making equipment
New restrictions announced by the Netherlands affect machines used by many semiconductor plants in China Mainland semiconductor factories could face significant production challenges, as the …
Chinese EV Giant BYD Ramps up Hiring as Beijing Prioritises Employment
BEIJING (Reuters) – BYD has significantly ramped up hiring, increasing its workforce to more than 900,000 people as of Friday, a senior manager said, making the Chinese electric vehicle giant one of …
China Development Bank Aviation Unit Buys 80 Airbus A320neos
China Development Bank Financial Leasing Co. agreed to buy 80 Airbus SE jets in the A320neo lineup to increase the proportion of more fuel-efficient next-generation aircraft in its fleet.
Charting the Global Economy: Deflation Concerns Mount in China
Deflation stalking China since last year is now showing signs of spiraling, threatening to worsen the outlook for the world’s second-largest economy and raising calls for immediate policy action.
China’s economy softened last month, lags demand
China’s economy softened last month, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.
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