16 of China’s 31 provinces failed to meet their economic growth targets for 2025, reports Caixin. The figures demonstrate widening regional disparities even as the national economy expanded at a steady pace. Guangdong, China’s largest provincial economy, grew 3.9% last year, missing its target of about 5%. In contrast, Jiangsu narrowed the gap with Guangdong, expanding 5.3% to […]
Category: Politics & Society
China’s largest gold mining company Zijin Mining is acquiring Canadian miner Allied Gold in an all-cash deal valued at about C$5.5 billion (US$4 billion), reports the South China Morning Post. This is the first major cross-border transaction after Beijing and Ottawa recently reset ties after years of diplomatic strain. Zijin Gold International, a Hong Kong-listed subsidiary of […]
At least 70% of European companies operating in China were reviewing their supply chain strategies, reports the South China Morning Post, citing a survey from the European Chamber of Commerce. This comes in response to geopolitical tensions and Beijing’s opaque policymaking, which appears to set back the country’s globalization efforts, according to the survey. 324 corporate […]
China’s largest gold mining company Zijin Mining is acquiring Canada’s Allied Gold in an all-cash deal valued at about $4 billion. This is the first major cross-border transaction since Canadian Prime Minister Carney’s recent visit to Beijing, which saw a thawing of several years of diplomatic tensions. The announcement came as gold prices reached a […]
Guangdong province, China’s largest regional economy, expanded by 3.9% in 2025, reports Caixin. The number fell short of its official goal and saw the province far below the national average as the country’s top manufacturing hub continues to grapple with a prolonged property slump. The province’s gross domestic product rose to RMB 14.58 trillion ($2.1 trillion) […]