China’s finance ministry reaffirmed it will increase public spending with a greater focus on boosting consumption to support the economy next year, ahead of growth headwinds from looming US tariffs.
Tagged By finance
China’s in the driver’s seat as EV sales are set to keep growing into 2025
China “will add nearly twice as many EV sales next year as the rest of the world combined,” predicts Rho Motion’s Will Roberts.
FirstFT: The worsening tit-for-tat trade war between the US and China
Also in today’s newsletter, Honda and Nissan agree to merger talks and Bangladesh asks India to return exiled former prime minister …
China’s Property Stock Rebound Faces a Reality Check in 2025
China’s real estate woes look set to get worse before they get better, raising the prospect of a miserable year for property shares despite a recent bounce.
China’s plan to dominate legacy chips globally sparks US probe
Under Joe Biden’s direction, the US Trade Representative (USTR) launched a probe Monday into China’s plans to globally dominate markets for legacy chips—alleging that China’s unfair trade practices …
China Pressures Economists to Stay Positive Amid Growing Fears of Deflation
China’s job market woes drive surge in grad school applications amid deflation fears and government pressure on economic commentary.
China says it provided information, documents in Baltic Sea cables inquiry
China has provided information and documents to a joint investigation into two severed Baltic Sea undersea cables, and has invited Germany, Sweden, Finland and Denmark to participate in the probe, the …
China’s Stock Market Faces Another Year of Turmoil. How to Play it.
More bad news on trade could actually help Chinese stocks, at least in the short run, as it could push the government toward more economic stimulus.
Disgraced top China banker Liu Liange married son’s girlfriend, causing his chronic depression
Li, described as morally corrupt, reportedly frequently summoned female subordinates to office for late-night ‘heart-to-heart chats’.
China beefs up fiscal support for disaster control, emergency management
BEIJING — China has stepped up fiscal support for disaster control and emergency management, the country’s finance minister said Sunday.
China steps up fiscal support for disaster prevention, mitigation, emergency management
China has stepped up fiscal support for disaster prevention and mitigation and emergency management, with the general public budget expenditure on the effort increasing by 8.85 percent on average over …
China’s top auditor puts authorities on notice over unpaid bills to businesses
One of China’s top financial watchdogs has sounded the alarm over government debts to businesses, identifying more than 7 billion yuan (US$960 million) in unpaid bills last year alone. The arrears …
Tiny but vital metal markets rush to adjust to Chinese clampdown
Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American …
