China’s manufacturing and services activity both expanded at a slower pace in April, official surveys showed on Tuesday, suggesting some loss of momentum for the world’s second-biggest economy at the …
Tagged By finance
China’s private pension push marred by weak financial literacy, as ‘people still have no idea’
China also needs to keep optimising incentives to persuade … policies are to be continuously optimised during the national implementation”, former finance minister Lou Jiwei said at a forum on the …
China’s ICBC, Agricultural Bank post profit drops on margin squeeze
The government may press state banks to continue cutting lending rates, further eroding their margins, analyst says.
China now home to 369 unicorns, with an average value of US$3.8 billion, led by AI and semiconductor firms, report says
Across 16 sectors, AI unicorns are the highest valued, at an average of US$6.76 billion, followed by financial technology firms at US$6.57 billion Beijing minted the most number of unicorns at 114, …
China Central Bank Wants to Halt Bond-Buying Spree, Not Join It
Chinese markets are abuzz with talk that the central bank is about to start buying government bonds. The People’s Bank of China itself is grappling with a different problem: too many other people seem …
Xi due in Europe as continent split on political rivalry between Washington and Beijing
Europe finds itself in a conundrum as leaders clash on Chinese green tech overcapacity and their security reliance on Washington.
In China, Elon Musk scores wins on the path to self-driving cars
Elon Musk made progress towards rolling out Tesla’s advanced driver-assistance package in China on a whirlwind weekend trip to Beijing, sending the company’s shares soaring more than 16% on Monday.
Treasury chief attends Beijing forum
Secretary for Financial Services & the Treasury Christopher Hui attends the 2024 Zhongguancun Forum Fintech Parallel Forum in Beijing.
New Chief in Town: Can Wu Qing Halt the Decline of China’s Stock Market?
The “Brokerage Butcher” is now the chair of the CSRC, with a mandate to address long-standing inefficiencies and rejuvenate market stability.
Tesla stock jumps as Beijing backs self-driving tech
Tesla Inc. (TSLA) shares are trading higher on Monday, boosted by the news surrounding CEO Elon Musk’s unannounced trip to China on Sunday. According to a Bloomberg report, Beijing has tentatively …
Gangs forced out Haiti’s government. This FBI ‘Most Wanted’ gang leader claims they’re liberating the country
A day with the notorious accused kidnapper Vitelhomme Innocent, whose armed group Kraze Baryé is among the allied gangs terrorizing the Caribbean nation.
Musk leaves Beijing after Tesla wins key China security clearance
Tech billionaire Tesla CEO Elon Musk boarded a plane departing Beijing on Monday, an AFP journalist said, after a whistlestop visit that saw his firm win a key data security clearance from Chinese …
UPDATE 1-CATL boss visits Elon Musk’s Beijing hotel on Tesla CEO’s surprise trip
BEIJING, April 29 (Reuters) – The chairman of Chinese battery giant CATL Robin Zeng visited Elon Musk’s hotel in Beijing on Monday, a day after the Tesla CEO’s surprise arrival on a trip expected to…
