Home sales during the Golden Week holiday — which is traditionally a peak period for big-ticket spendings — have been on a multi-year decline since 2021.
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China’s runaway rally stutters; commodities and global shares subdued
China’s runaway stocks rally stuttered and commodities struggled to find a footing on Wednesday as investors tempered their expectations for a robust Chinese economic recovery, keeping pressure on shares globally.
Go Discover the Immense Food Processing and Packaging Market in Greater Bay Area in ProPak Shenzhen 2024
Shenzhen Food Processing and Packaging Exhibition will be held on December 12-14, 2024, at Shenzhen World Exhibition & Convention Center (Shenzhen World).
Exclusive: British Foreign Secretary Lammy to visit China in bid to reset ties, sources say
Britain’s Foreign Secretary David Lammy will visit China next week, sources familiar with the plan said, as the new Labour government seeks to reset ties strained by Hong Kong and British accusations …
China’s Golden Week holiday signals persistent consumer caution
China’s Golden Week holiday affirmed a trend in more cautious spending, while consumers put greater emphasis on experiences.
China says anti-dumping move against EU brandy legit trade measures
China’s anti-dumping measures against imported brandies from the European Union are “legitimate trade remedy measures”, its commerce ministry said on Wednesday.
Trump has long blasted China’s trade practices. His ‘God Bless the USA’ Bibles were printed there
Thousands of copies of Donald Trump’s “God Bless the USA” Bible were printed in China, a country that the former president has repeatedly accused of stealing American jobs and engaging in unfair trade practices WASHINGTON…
Decision Time for GM in China: Stay, Scale Back or Go
The country’s sharp shift to EVs and stronger local competition have deflated a key profit engine for the U.S. automaker.
China’s Golden Week holiday spending lags behind pre-Covid-19 figure
While travellers made 10.2 per cent more trips this year than in 2019, spending rose only by 7.9 per cent. Read more at straitstimes.com.
China stocks fall sharply, set to snap winning streak
Mainland China stocks opened sharply lower Wednesday and were poised to snap a 10-day winning streak after officials failed to inspire confidence in stimulus plans intended to revive the economy.
China’s Golden Week holiday spending lags pre-Covid era, showing more stimulus need
While travelers made 10.2 per cent more trips this year than in 2019, spending only increased by 7.9 per cent. Read more at straitstimes.com.
China Judges Four Years of US Policy Under Joe Biden
The U.S. is projecting its “hegemonic history and mentality” onto other countries, a Chinese Foreign Ministry spokesperson said.
Raimondo Speaks With China’s Commerce Minister, US Commerce Dept Says
(Reuters) – U.S. Secretary of Commerce Gina Raimondo spoke with China’s Commerce Minister Wang Wentao on Tuesday and discussed last month’s meeting of a bilateral working group for commercial issues, the U.S. Commerce Department said.
