Donald Trump Reportedly to Hold Off on Immediate China Tariffs
The media, citing insiders, published information according to which US President-elect Donald Trump will not unveil tariffs on goods imported from China on his first day in office.
China
China Hits 5% GDP Target
Last year, China’s economic system growth exceeded preliminary expectations.
Alipay Tap Debuts in Macao
Sands China, a resort developer and operator, launched the mainland payment service Alipay Tap at Sands Resorts Macao in collaboration with Macau Pass and Alipay.
China’s Central Bank Makes It Easier for Companies to Borrow More Foreign Debt
The People’s Bank of China has strengthened the defense of the yuan and the domestic foreign exchange market.
China’s Central Bank Chief Says About Confidence in 2025 Economic Rebound
The Chinese authorities are convinced that the Asian country has the capacity and tools sufficient to ensure the recovery and growth of its economy this year.
China’s Trade Surplus Reaches Record
China, on Monday, January 13, announced that its trade surplus in 2024 reached almost $1 trillion.
US Plans to Ban on Chinese Connected Vehicles
The administration of the President of the United States Joe Biden plans to finalize rules next week aimed at cracking down on Chinese vehicle software and hardware.
Goldman Sachs Estimates Likely Impact of Donald Trump’s Tariffs on China
Goldman Sachs chief economist Jan Hatzius said last Thursday, January 9, during a speech at the Atlantic Council in Washington, that despite the election promise of Donald Trump, who will return to the White House this month, to impose 60% tariffs on absolutely all goods imported from China, in reality, the US president-elect is likely […]
China’s Aviation Sector Reports Profit
In China, the local civil aviation sector has reported making a profit.
China’s Central Bank Halts Bond Buying
The People’s Bank of China on Friday, January 10, announced that it had suspended the purchase of treasury bonds, against which a jump in yields was recorded and rumors began to actively circulate that this decision by the Asian country’s financial regulator was aimed at protecting the yuan, which is currently on a trajectory of […]
Country Garden Proposes Deal to Reduce Offshore Debt by $11.6 Billion
The Chinese property development company Country Garden has proposed to its offshore creditors the deal, which will reduce the debt of this firm by $11.6 billion.
China Orders Miners to Report More of Their Overseas Reserves
Beijing has ordered Chinese investors in foreign mining projects to report on their proven and prospective reserves of crucial minerals.
Shipments to China of Foreign-Branded Smartphones Decline
Shipments to China of smartphones from foreign brands in November fell by 47.4% compared with a year ago, according to data published in the current week by the research company affiliated with the government of the Asian country.
China Proposes New Export Curbs on EV Technology
China is currently considering restricting exports of technologies used for extracting minerals, which are critical to the growth of the global electric vehicle industry.
China’s Factory Activity Growth Misses Expectations
The growth of factory activity in China in December showed a pace that turned out to be lower than the preliminary expectations of experts and became clear evidence that the stimulus measures imposed in the second half of 2024 are not enough to significantly boost the economic system of this Asian country.
Alibaba Slashes Prices on Large Language Models
Last Tuesday, December 31, Chinese technology and e-commerce giant Alibaba announced an up 85% price cut for its large language models.
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