BAIC’s EV brand to launch first Huawei-backed sedan in ’24
BAIC BluePark New Energy Technology, the electric vehicle arm of Beijing Automotive Group (BAIC), is set to launch…
Browsing Tag
China
Euro stocks, U.S. futures drop amid caution
European stocks and U.S. equity futures drop as global markets remain cautious despite China’s measures to support…
China cuts key mortgage rate to revive market
China announced its largest ever reduction in the benchmark mortgage rate on Tuesday, in an effort to assist the…
Asian equities fall despite China’s rate cut
Asian shares declined from their highest levels in 1-1/2 months on Tuesday, as investors were unimpressed by…
TikTok under EU investigation for potential content violations
The European Union (EU) will investigate if ByteDance's TikTok has violated online content rules designed to…
China’s foreign investment hits 30-year low in ’23
The foreign direct investment in China rose slightly by $33 billion in 2023, the smallest increase since the early…
China’s first locally-made airliner debuts in Singapore
China's C919, a challenger to Airbus and Boeing's passenger jets, made its first trip outside China territory at…
Lunar New Year pushes China’s tourism revenues up by 47.3%
China’s eight-day Lunar Year holiday boosted tourism spending by 47.3 per cent year-on-year (YoY) as domestic…
PBOC sets 7-day reverse repos to boost liquidity
The People’s Bank of China (PBOC) conducted on Sunday reverse repo operations totaling 105 billion yuan and…
China c. bank holds rates at 2.50%
China's central bank held the interest rate on its one-year policy loans at 2.5 per cent on Sunday, as…
