China will renovate an additional one million units of urban villages and dilapidated houses by providing monetary compensation to residents, Ni Hong said at a press conference. Given that the ... ( read original story ...)
China’s stimulus package fails to impress traders, markets in Shanghai and Hong Kong slip
The world’s number-two economy has struggled to recover since lifting strict Covid controls at the end of 2022, battered by a debt crisis in the property sector and torpid consumer demand ... ( read original story ...)
Financial commentators are sulking over China
What the West seeks from China often differs from what China desires for itself. Last week, the Ministry of Finance failed to deliver a “bazooka” rocket, leaving many Western economic commentators ... ( read original story ...)
China-led regional group calls for countering protectionist policies, sanctions
A China-led 10-state regional group criticised what it called protectionist trade measures on Wednesday, part of an intensifying standoff between Beijing and Western countries over tariffs on Chinese ... ( read original story ...)
China hedge funds caught out by abrupt market surge
China's abrupt and ferocious stock market rally has slammed some of the country's biggest hedge funds, forcing them to hastily cover short positions and take losses on their bets in the heavily ... ( read original story ...)
Shanghai Cooperation Organization Fights Back: Countering Protectionism and Sanctions
A China-led regional organization called the Shanghai Cooperation Organization (SCO) is speaking out against protectionist trade measures and sanctions. The group, made up of 10 member countries, ... ( read original story ...)
China’s toy industry embedded with huge business opportunities
China's toy industry is embedded with huge business opportunities as reflected by the enthusiasm of both children and adults. ( read original story ...)