Trade tensions between the US and China have made companies around the world less keen to invest in either country, reports the South China Morning Post citing a report from Allianz Trade. The report found the United States almost twice as unpopular as its rival. The report, based on an annual survey by the Paris-based international insurance […]
Category: Economics & Policy
Chinese online shopping site AliExpress said it was improving controls to comply with European Union regulations, reports Reuters. This comes as European lawmakers grilled executives over sales of dangerous and counterfeit products in the bloc. The EU has ramped up scrutiny of fast-growing online platforms like AliExpress, Temu, and Shein which ship cheap products made in […]
China’s domestic auto sales plunged 23.1% year-on-year in the first two months of 2026 as reduced government stimulus and sweeping policy changes dampened consumer demand, reports Caixin. Overall domestic auto sales fell to 2.8 million vehicles in January and February, according to data released by the China Association of Automobile Manufacturers (CAAM). Domestic deliveries of new […]
China set its economic growth target for 2026 at 4.5%-5%, a downgrade from the 5% pace achieved last year, reports Reuters, which says the target leaves room for greater, albeit not decisive, efforts to curb industrial overcapacity and rebalance the economy. China also released its 15th five-year plan, and as widely expected, pledged investments in innovation, […]
China will issue special sovereign bonds to recapitalize some of its largest banks, reports Bloomberg. The move marks an expansion of Beijing’s efforts to fortify the nation’s $69 trillion financial system against a cooling economy and market volatility. A total of RMB 300 billion ($44 billion) worth of special government bonds will be sold this year […]