China builds 30K smart factories to boost innovation
China has constructed more than 30,000 basic-level smart factories to speed up industrial digitalisation and…
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China
China’s chip equipment purchases set to decline in ’25
China's chipmaking equipment purchases are expected to drop this year due to overcapacity and increased constraints…
China’s c. bank issues 558b yuan off reverse repo
The People’s Bank of China (PBC) announced on Wednesday a 7-day 558-billion-yuan reverse repo at an interest rate…
Asian markets rise despite tariff uncertainty
Asian stocks climbed, and London and Frankfurt reached new highs on Wednesday despite Federal Reserve Chairman…
Indian rupee hits record low amid Trump’s tariff plans
The Indian rupee hit a record low on Monday due to US President Donald Trump's new tariff announcement.
China’s PBC issues 215b yuan off reverse repo
The People’s Bank of China (PBC) announced on Thursday a 7-day 215-billion-yuan reverse repo at an interest rate of…
China’s used car market grows 6.52% in ’24
China's used vehicle market saw a 6.52 per cent increase in annual transactions in 2024, reaching over 19.61…
China to scale back clean energy subsidies after solar boom
China will reduce subsidies for new renewable energy projects after a surge in solar and wind installations, the…
China’s CPI rises in Jan. ’25
China's consumer price index (CPI), a key measure of inflation, increased 0.5 per cent year-on-year in January…
Egypt’s SCA eyes Chinese partnership to boost food security
Egypt’s Suez Canal Authority (SCA) seeks to collaborate with Chinese company FAMSUN, aiming to inject new…