NBC News’ Janis Mackey Frayer in Beijing explains why China needs to revive its economy and prepare for a Trump administration.
Tagged By shenzhen
China’s latest stimulus falls short of expectations
SHANGHAI/SINGAPORE, Nov 8 (Reuters) – Investors hoping China would announce extra fiscal buffers for an economy girding for another Donald Trump presidency were disappointed on Friday. China’s top legislative body, the standing committee of the…
China Wants a Deal With Trump, Foreign Ministry Adviser Says
China wants a deal with US President-elect Donald Trump but doesn’t expect the path to an agreement will be easy, according to an adviser to the Foreign Ministry in Beijing.
Budweiser to launch more premium products in China to meet demand
In addition to launching its first zero-sugar beer – Harbin IGD Zero Sugar, Budweiser APAC has introduced Budweiser Zero and Corona Cero, two non-alcoholic beers, to the Chinese market. In 2008, the …
Shenzhen China Wins the World Smart City Award, Demonstrating the Global Influence of Social Intelligent Governance of Mega City
BARCELONA, SPAIN – Media OutReach Newswire – 8 November 2024 – On November 6, Central European Time, at the 2024 Smart City Expo World Congress (SCEWC) held in Barcelona, Shenzhen stood out from 429 …
Beijing, Let My Daughter Come Home
China should honor its promises to the last 300 Chinese children, like my daughter, matched with families through international adoption.
Trump’s win spells trouble for a luxury comeback in China
Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival strategies for big players.
VIEW China raises local government debt ceilings to revive economy
China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in bonds to swap for off-balance sheet or “hidden” debt over three years, as policymakers…
Make New Friends and Boost Hiring: How China’s Chip Industry Plans to Deal With Trump
BEIJING/SINGAPORE (Reuters) – China’s semiconductor industry is readying itself for four more combative years under Donald Trump as U.S. president by ramping up purchases of foreign chipmaking equipment and looking out for opportunities to hire…
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The massive support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.
China unveils steps to tackle ‘hidden’ debt of local governments
China will let local governments issue an additional 6 trillion yuan ($837.7 billion) in bonds to swap for off-balance sheet or “hidden” debt over three years, an official said on Friday, in a crucial step…
China unveils steps to tackle ‘hidden’ debt of local goverments
China will allow local governments to issue 6 trillion yuan ($838.77 billion) in bonds to swap for off-balance sheet or “hidden” debt over three years, an official said on Friday.
China’s stimulus plans are choking the profitability of its megabanks, analysts say
The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing credit demand.
