Mar 30, 2023 19:14 PM- China Chalks Up Fresh Win for Yuan Internationalization With LNG Trade
- State-owned China National Offshore Oil completes purchase of more than 60,000 tons of liquefied natural gas from French giant TotalEnergies
Mar 27, 2023 18:42 PM- China Extends Tax and Fee Cuts for Some Businesses
- The extensions are expected to reduce the amount of taxes and fees levied on businesses by more than $70 billion a year while they remain in effect
Mar 22, 2023 20:12 PM- Analysis: Why China’s 2023 Fiscal Policy May Be Less Expansionary Than It Seems
- A higher budget deficit-to-GDP ratio belies underlying slowdown in spending growth, although analysts say the government may get more bang for its buck
Mar 21, 2023 20:50 PM- Why Empty Containers Piled Up at Chinese Ports
- Glut that emerged in recent months was due to a confluence of factors mostly related to the Covid-19 pandemic, head of customs bureau says
Mar 17, 2023 04:30 AM- Chinese Housing Prices in Major Cities Post First Increase in 18 Months
- New home prices in 70 cities rose 0.3% year-on-year in February, adding to signs of recovery from a protracted housing slump
Mar 16, 2023 04:16 AM- Housing Market Slide Slows Amid Signs of Recovery
- Plunge decelerates in first two months for developer investments and housing sales as economy rebounds and supportive policies take effect
Mar 10, 2023 12:30 PM- Former Commerce Minister to Head NPC’s Finance Committee
- Zhong Shan has been appointed chairman of the 24-member committee that advises the top legislature on matters related to finance and the economy
Mar 07, 2023 05:00 AM- China Sees Land Sales Flat at $1.1 Trillion This Year
- Biggest source of local government revenue will stagnate after plunging 20% in 2022, Ministry of Finance projects in budget report
Mar 03, 2023 20:39 PM- China Expected to Set GDP Growth Target of Around 5% at ‘Two Sessions’
- Strong signals that policymakers will prioritize stabilizing growth along with end of ‘zero Covid’ prompted UBS and Goldman Sachs to provide similar estimates
Mar 03, 2023 18:11 PM- Caixin China New Economy Index Expands on Surge in Capital Investment
- The gauge that tracks the size of high value-added industries such as biotech rose 1.2 points to 29.5 in February
Mar 03, 2023 04:00 AM- Chinese Governments Roll Out Incentives for Car Buyers
- As auto sales plunge since national NEV subsidies expired at year-end, cities and provinces step in with policies to help Xpeng, Nio, Leapmotor and Dongfeng Honda
Mar 02, 2023 20:54 PM- China Local Governments’ Fiscal Stress May Roll Over to 2023, Think Tank Warns
- Localities struggled to balance revenue and spending last year, as massive tax relief, ‘zero-Covid’ outlays, and a property market meltdown drained their coffers
Mar 02, 2023 07:16 AM- How a Global Shortage Turned Into a Shipping Container Glut
- Amid pandemic disruptions, China’s dominant container-making industry dialed up production only to create vast piles of empties at ports as demand suddenly dried up
Feb 28, 2023 04:56 AM- Global Shipping Index Surges on China’s Recovery Outlook
- Baltic Dry Index, a key leading indicator for world trade, jumps 64% in five days to highest reading since June 2020
Feb 27, 2023 20:15 PM- China’s Struggling Bus Operators Highlight Fiscal Woes of Local Governments
- A public transport company in the central city of Shangqiu threatens to suspend services due to mounting losses, prompting the government to step in
Feb 25, 2023 18:47 PM- China Central Bank Completes Trillion Yuan Profit Transfer to Treasury
- Transfer of $162 billion to finance ministry, equivalent to around 50-basis-point cut to reserve requirement ratio, to support the economy
Feb 25, 2023 05:07 AM- China’s Exports May Recover in Second Half, Economists Predict
- Global economic uncertainty and lingering pandemic effects still weigh on demand abroad this quarter, but stimulus should bolster domestic consumption
Feb 23, 2023 21:07 PM- In Depth: China Grapples With Fiscal Overhaul as Budgets Come Under Pressure
- Poor management, inefficiency, and a narrow tax base are some of the issues Finance Minister Liu Kun has pledged to address
Feb 23, 2023 20:56 PM- First of Its Kind Survey Shows How Many Buildings China Has
- Misunderstandings about the 600 million buildings counted by the survey have stoked concerns about an oversupply of housing in the country
Feb 21, 2023 18:29 PM- China’s Debt Levels Will Limit Impact of Monetary Policy, Ex-PBOC Official Says
- Local governments, businesses and households all have holes in their finances that will discourage them from borrowing
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- 1Chinese Governments Roll Out Incentives for Car Buyers
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