China's tourist number has recovered to pre-pandemic levels during the May Day holidays, although total tourism revenue remained lower after the impact of the Covid-19 pandemic. China recorded around 230…
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China’s macro leverage ratio, the percentage of debt in households, non-financial enterprises and governments to gross domestic product, fell by 2.6 percentage points in the first quarter from the end…
China top leadership pledges to maintain its economic policy stable to to ensure the post-coronavirus recovery continues and vows to tackle economic weaknesses, including uneven recovery, financial risks and technological challenges. China's…
China’s manufacturing and non-manufacturing activities expanded at a slower pace in April, indicating a cooling in economic activity in the first month of the second quarter. China's official manufacturing purchasing managers’ index…
China's top financial regulators on Thursday summoned 13 major internet platforms engaged in online finance business, requiring them to strengthen compliance with regulations, according to a statement released by the…
China's capital city of Beijing has started a check on data centre providers' involvement in cryptocurrency mining, a power-intensive operation that could undermine the nation’s efforts to reduce emissions. The Beijing…
China will exempt temporary import tariffs for some steel while removing export tax rebates for most of its steel products, as the country seeks supplies of materials to feed its…
Chinese steelmakers posted strong growth in first-quarter profits driven by robust demand amid economic recovery and rising steel prices. The China Iron and Steel Association said its member steelmaking firms…
Copper extended gains to a decade-high on Tuesday as global growth underpinned a rally in metals markets ranging from aluminum to iron ore. Copper on the London Metals Exchange closed…
Embattled telecoms giant Huawei Technologies reported its second consecutive decline in quarterly revenue, as growth in the world’s largest 5G telecommunications equipment maker was hit by sanctions enacted by the US and some…
Chinese provinces posted double-digit economic growth in the first quarter of the year, with southern provinces showing a strong first quarter rebound while northern regions struggled to recover. Of China's…
Profits at China's industrial companies nearly doubled in March from a year ago, as demand for raw materials surged maid the economic recovery. Profits increased to 711.18 billion yuan ($109.66…
China is gearing up for a month-long campaign to “accelerate the recovery of consumption and unleash the spending potential”, as the country has effectively brought the pandemic under control. The…
The city of Shenzhen said it plans to increase land supply for residential housing by 24 per cent this year, with 60 per cent of it for public housing including…
Short bets in China's A-share market hit a new record high, reflecting demand for hedging against the risks of policy tightening and further fallout from the antitrust crackdown on technology…
The proceeds from green bonds will no longer be allowed to used for certain fossil fuel energy projects, according to a statement from the People’s Bank of China (PBOC), in…
China will start to phase down coal consumption over the 2026-2030 period as part of its efforts to reduce carbon emissions, Chinese President Xi Jinping said when addressing the Climate…
China’s fiscal revenues surged in the first quarter of 2021, driven by the economic recovery from the impacts of the COVID-19 pandemic and the low comparison base last year. China's…