China’s CICC slashes bankers pay by 25% – sources
China International Capital Corp (CICC) is implementing a major cost-cutting measure by slashing the base pay of…
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China
H. Kong projects up to 3.5% growth in Q1
Hong Kong's economy is expected to continue its moderate growth streak, with first-quarter GDP projected within a…
China’s EV industry on shaky ground
China's electric vehicle (EV) industry is experiencing explosive growth, with production capacity surging at a pace…
Embracing renewables: the economic upswing of green energy ‘24
For many years, the world’s economy has been driven by fossil fuels such as coal, oil, and natural gas; however, a…
Volkswagen vows to hold ground in China’s EV price war
Volkswagen, facing intense competition in China's electric vehicle (EV) market, is setting a target to maintain its…
China’s c. bank injects $281.5m liquidity via reverse repo
China's central bank injected two-billion-yuan ($281.5 million) liquidity into the banking system on Wednesday,…
China’s yuan strengthens against dollar
China's yuan gained ground 11 pips to 7.1048 yuan per dollar on Wednesday.
China’s capital goods prices rise in mid-April
China's capital goods prices edged higher in mid-April compared to the beginning of the month.
Egypt, China ink deal to build 2 clean dry bulk ships
Egypt's National Navigation Company (NNC) signed a contract for two state-of-the-art clean dry bulk ships with the…
China’s Country Garden secures deal to delay bond payments
Struggling Chinese property developer Country Garden has secured an extension on payments for three onshore bonds.
