Chinese EV Maker’s Collapse Sends Shockwaves Through Industry Table of Contents Chinese EV Maker’s Collapse Sends Shockwaves Through Industry Chinese EV Maker’s Collapse: A Conversation with Industry Expert Dr. Mei Lin Understanding the Collapse Impact on Consumers and Employees Looking Ahead: The Future of china’s EV Market The abrupt downfall of a prominent Chinese electric … Read more
<a href="http://www.world-today-news.com/china-pressures-asean-ahead-of-important-south-china-sea-negotiations/" title="China Pressures ASEAN Ahead of Important South China Sea Negotiations”>Beijing. China on Friday unveiled a 10 trillion yuan ($1.40 trillion) debt package to ease financing strains on local governments and stabilize weakening economic growth, as it faces fresh pressure from Donald Trump’s return to office. White House. The measures mark a shift away … Read more
[Guth an Dòchais 20 Dàmhair, 2024](Full report by our reporter He Jingtian) Communist Party of ChinaSecurities Regulatory CommissionPresidentWu QingA conference was held today, asking experts and the financial media to speak “politically”Chinese Economyand Chinacapital marketa storyChina stock marketThere have been large earthquakes recently,TroubleCome back. The disappointing press conferences of the CCP one after the other … Read more
Beijing. China will expand the “white list” of housing projects eligible for financing and increase bank loans for such projects to 4 trillion yuan ($562 billion) this year, Ni Hong, Minister of Housing and Development, announced Thursday. Urban and Rural Development. Urban renewal of cities will also accelerate, with one million “urban villages” to be … Read more
Beijing. China unexpectedly kept benchmark interest rates unchanged at its monthly rate setting on Friday, contrary to market participants’ expectations for a move after the U.S. Federal Reserve cut interest rates by half a percentage point (to a range of 4.75 to 5.00 percent) in the middle of this week. However, market watchers widely believe … Read more
Beijing. China’s manufacturing activity fell to a five-month low in July as factories grappled with falling new orders and low prices, an official survey showed on Wednesday, pointing to a tough second half for the country. The Office for National Statistics’ purchasing managers’ index (PMI) contracted for a third straight month, coming in at 49.4 … Read more
BeijingChina’s client costs rose for a fifth straight month in June however missed expectations, whereas producer worth deflation endured as authorities assist measures have kick-started an uneven restoration on the earth’s second-largest financial system. Beijing has tried to revive consumption after a faltering restoration following the financial disaster, however considerations stay over extra elementary issues, … Read more
Hanoi. Hovering world copper costs, fueled by an inflow of funds into the market, are dampening bodily demand for the steel in high client China, with consumers bracing for even larger costs. This month, copper costs have hit report highs on inventory exchanges world wide, pushed by a brief squeeze and funds betting on a … Read more
Beijing. China’s industrial manufacturing grew 6.7 p.c yearly in April, accelerating the 4.5 p.c tempo recorded in March, because the manufacturing sector’s restoration beneficial properties momentum. The official knowledge printed on Friday by the Nationwide Statistics Workplace (ONE) exceeded the 5.5 p.c enhance predicted in a Reuters ballot of analysts. Nevertheless, retail gross sales, an … Read more
Beijing. The People’s Bank of China said Wednesday it will accurately and effectively implement prudent monetary policy, pay more attention to countercyclical adjustments, and strive to expand domestic demand and boost confidence. China’s central bank will support banks to replenish capital and guide financial institutions to increase medium- and long-term lending to the manufacturing industry, … Read more