According to the Beijing State-owned Cultural Assets Administration Center, 85.66% of cultural enterprises currently face liquidity shortages due to the ongoing COVID-19 pandemic, and 62.89% of …
Tagged By finance
China’s Li Auto Sees Higher Deliveries in Q4; Third-Quarter Loss Widens
China’s Li Auto Inc on Friday forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management. The electric vehicle maker …
Take Five: the Grand 2022 Central Bank Finale
Investors will be fed a huge helping of year-end U.S. news when Tuesday’s release of November consumer inflation data is followed by the Federal Reserve’s last rate decision of 2022 on Wednesday.
Inflation In China Falls Below Two Percent In November
China’s consumer inflation slowed further in November as it fell below two percent for the first time since March, official data showed Friday, providing authorities room to unveil fresh measures to …
China’s Muted Inflation Leaves Room for Policy Stimulus
(Bloomberg) — China’s factory-gate prices contracted again in November while consumer inflation eased as Covid disruptions suppressed demand, giving the central bank some room to ease policy as the …
China Factory-Gate Prices Remain in Deflation on Weak Demand
China’s factory-gate prices contracted again in November while consumer inflation eased as Covid disruptions suppressed demand, giving the central bank some room to ease policy as the economy tries to …
World Bank chief urges China to take ‘active leadership’ on debt
World Bank President David Malpass on Thursday told senior Chinese government officials that Beijing needs to do more to ease the debt burdens on developing economies, the development lender said.The …
China’s Balance of Payments Data Does Not Add Up
China’s balance of payments data doesn’t quite make sense right now. Significant, and poorly explained, gaps have developed between the reported numbers in the balance of payments and the underlying …
‘Honest grandma’, 92, repays US$3 million in debt in 10 years after refusing to declare bankruptcy wins ‘most beautiful’ citizen award in China
A factory owner who found herself in financial difficulty is celebrated in China for her commitment to repaying her debts Despite advice to declare bankruptcy after her business failed, she insisted …
China’s COVID easing seen knocking growth early next year
China’s shift from tough COVID policies, with its promise of driving an economic recovery next year, will instead likely depress growth over the next few months as infections surge, bringing a rebound …
China’s Economic and Financial Data Does Not Add Up
China’s balance of payments data doesn’t quite make sense right now. Significant, and poorly explained, gaps have developed between the reported numbers in the balance of payments and the underlying …
US-China trade war: small American manufacturers desperate for dialogue to resume as tariffs take their toll
Even though the momentum for a limited removal of the 2018 tariffs stalled this summer as unions sought to keep them in place, US firms remain hopeful for targeted relief in 2023.
CNH Industrial’s CEO sees lack of growth in China’s construction market
Farming and construction machine maker CNH Industrial’s decision to permanently halt construction sales in China was due to declining market share and competition from local companies, the company’s …
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