China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing ramps up fiscal stimulus to revitalise a faltering…
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Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.
5 Years After Covid, New Epidemic Overwhelming Hospitals in China? What We Know
China: Five years after the world dealt with the Covid-19 pandemic, China is now dealing with an outbreak of the human metapneumovirus (HMPV), according to reports. Claims are being made about a new …
Is China facing new mysterious virus outbreak 5 years after Covid crisis? Reports claim…
Reports and social media posts suggest that the virus is spreading quickly, with claims that hospitals and crematoriums are overwhelmed …
China stocks extend declines with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China’s monetary easing policy, political chaos in South Korea.
China’s central bank likely to cut rates in 2025, FT reports, as part of broader policy shift
China’s central bank said it is likely to cut interest rates from the current level of 1.5% “at an appropriate time” in 2025, the Financial Times reported on Friday citing comments the bank made to…
Why Apple is offering rare iPhone discounts in China
Shoppers in China are getting rare discounts on iPhones as Apple faces growing competition from local brands. The four-day promotion, which starts this Saturday (4 January), includes discounts of as …
Trouble in China’s shopping paradise as Hainan duty-free spending falls 29%
Duty-free spending in China’s island province of Hainan, where global luxury players from LVMH to Kering have set up shop, slumped 29.3% last year as a weak economy saw a sharp drop in domestic …
Tesla’s China sales rise to record high in 2024, bucking global decline
U.S. electric vehicle maker Tesla said on Friday its sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its…
Everything to know about the new Hong Kong to Shenzhen Metro
The Hong Kong to Shenzhen Metro Line 13 connects Shenzhen Bay Port Station to Gaoxinzhong Station, enhancing cross-border travel convenience.
China’s central bank might cut interest rates from current level of 1.5% in 2025, FT reports
China’s central bank said it was likely it would cut interest rates from the current level of 1.5% “at an appropriate time” in 2025, the Financial Times reported on Friday citing comments the bank made…
China’s Aircraft Carrier Operations Reach Next Level
Chinese media said aircraft carrier CNS Shandong can conduct “round-the-clock operations” in complex weather conditions.
‘Slender’ river creature with ‘fleshy’ lips found in Beijing. It’s a new species
In a river of Beijing, China, a “slender” creature with “fleshy” lips swam through the plants. Or at least, it tried to, but something pulled it toward the surface. Scientists looked at their catch —…