China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing cranks up fiscal stimulus to revitalise the faltering economy.
Millions of government workers across China were given surprise wage increases this week, people affected by the move said, as Beijing looks to boost spending to support the slowing economy. On a combined basis,
As president-elect Donald Trump prepares to move into the White House, the relationship between his best buddy Elon Musk and the leadership of China's Communist Party is in sharp focus.
China's Ministry of Commerce added 28 entities to its export control list to "safeguard national security and interests".
China's central bank summoned some fund managers on Friday to warn them against chasing a fervid bond rally, two sources said, amid worries that a bubble in bonds might undercut Beijing’s efforts to revive growth and manage a depreciating currency.
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.
China wants the chips inside EVs to be Chinese-made, while the U.S. is objecting to the country’s push for self-sufficiency in the $80 billion business.
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."
China has claimed that the self-ruled Taiwan is part of its territory and has refused to renounce using force against it.
The value of the yuan has tanked despite the central bank’s seemingly continued efforts to support the currency. With a weaker yuan, China’s exports are bound to become cheaper, making them more appea