China is set to introduce a new stimulus plan to support 10 key industries, including steel, nonferrous metals, building materials, and automobiles. The plan aims […]
Tag: China
China’s Population Declines for Third Consecutive Year in 2024
China’s population shrank for the third straight year in 2024 as deaths continued to outpace births, with experts predicting a sharper decline in the years […]
China’s Central Bank Plans to Cut Reserve Requirement Ratio
China’s central bank is expected to reduce the reserve requirement ratio (RRR) for banks by at least 25 basis points in the first quarter of […]
BYD Unveils Luxury Supercar Yangwang U9 with Jumping Technology and Impressive Features
Chinese automaker BYD, known for its budget-friendly electric vehicles (EVs), is expanding into the luxury market with its new high-end supercar, the Yangwang U9. The […]
China Limits Stock Sales by Large Mutual Funds to Stabilize Market Amid Economic Pressure
Chinese authorities have recently instructed major mutual funds to limit stock sales to help stabilize the market. This move comes after a decline in stock […]
China Plans Major Fiscal Stimulus: $411B in Special Treasury Bonds for 2025
China is set to issue 3 trillion yuan ($411 billion) in special treasury bonds next year, a dramatic increase from this year’s issuance. The funds […]
China’s VC Funding Drops 22.5% in 2024, While India Sees Rapid Growth
China experienced a significant decline in venture capital (VC) funding during the first eleven months of 2024, with both deal volume and value dropping by […]
Apple in Talks with Tencent and ByteDance for AI Features in China
Apple is reportedly in discussions with Tencent and ByteDance (the owner of TikTok) to incorporate their artificial intelligence (AI) models into iPhones sold in China. […]
Alibaba Sells Intime to Youngor Fashion for $1.02 Billion in Strategic Shift
Alibaba Group Holding Ltd. announced on Tuesday that it will sell its department store chain, Intime, to Youngor Fashion Group for 7.4 billion yuan (about […]
Adani Group Enters China: New AERCL to Offer Supply Chain Solutions and Project Management Services
The Adani Group, known for its continuous global expansion, has now made a strategic entry into China. According to the company’s regulatory filings, its flagship […]
CLSA Overweights India Amid China’s Struggles, While Citi Downgrades Indian Equities Over Slower Earnings Growth
CLSA’s Shift in Strategy: Back to India Amid China’s Challenges In a recent global equity strategy note titled “Pouncing Tiger, Prevaricating Dragon,” CLSA announced that […]
Economy in Charts: Asian Markets Slide as China’s Economic Support Falls Short; Indian Rupee Hits Record Low, Tesla Shorts Lose $5.2B, S&P 500 Hits Best Election Year in 88 Years
Welcome to the 2nd Edition of “Economy in Charts”! This week, we’re diving into key economic trends and updates for the week ended November 11-17. […]