Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.
The collapse of the Chinese stock market by $6 trillion has become what can be symbolically described as the thunder of a terrible truth, the sound of which is stronger than any soothing and deliberately encouraging statements that, in general, the weather situation is favorable and there are no cataclysms capable of provoking serious long-term […]
The People’s Bank of China announced a deep cut in bank reserves on Wednesday, January 24.
In the foreseeable future, deflation may become a factor influencing the dynamic of the process of growth of the Chinese economy.
Co-founder of Nvidia Corp. Jensen Huang went on his first trip to China in four years.
In 2023, there was a significant increase in the volume of imports of equipment necessary for the production of microcircuits to China.
Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.
Chinese Premier Li Qiang on Tuesday, January 16, during a speech at the annual meeting of the World Economic Forum in Davos, Switzerland, said that the growth of the Asian country’s economy over the past year amounted to approximately 5.2%.
For the first time in many years, Apple is offering discounts on the purchase of new iPhone smartphones in the Chinese market.
China’s exports in 2023 showed a negative dynamic of the decline.
In China, local authorities have appealed to banks and insurance companies with a strong recommendation to inspect security systems, focusing in this case on issues such as data protection and anti-cybercrime tools.
The American chip manufacturer Nvidia intends to launch mass production of microcircuits with artificial intelligence for the Chinese market, developed following the current export rules of the United States, in the second quarter of this year.
Analysts at Jefferies Independent Investment Bank, led by Edison Lee, believe that the decline in sales of iPhone smartphones in the Chinese market will show a strengthening trend in the foreseeable future.
The media reports that the Chinese Ant Group is currently preparing to implement its intention to acquire the Dutch payment company MultiSafepay.
The Chinese shadow banking giant Zhongzhi Enterprise Group Co. has filed for bankruptcy.
A private gauge of factory activity in China showed an increase in December.
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