China’s consumer price inflation likely slowed in January due to the later timing of the Lunar New Year, while factory-gate deflation might show further signs of easing amid rising global commodity prices, reports Caixinciting its own survey. The survey of 12 domestic and international institutions puts the average forecast for the year-on-year rise in the consumer […]
Category:
As global capital trickles back toward China, policymakers are using tougher enforcement and cooling measures to slow the market’s pace in order to strengthen its appeal in the long term, reports Reuters. With fund managers now seeking to diversify away from dollar-heavy portfolios, Beijing’s calibrated approach could help reverse years of retreat when some investors even […]
The Chinese government is dramatically pumping up its investment in the development of semiconductors. The state-run Shanghai Integrated Circuit Industry Investment Fund has expanded one of its three funds more than 11-fold to RMB 6 billion in a move aimed at injecting more capital into more than 20 semiconductor firms. Semiconductors are clearly the link […]
The European Union has increased tariffs on imports of ceramic plates, cups, bowls and other table and kitchenware from China after a review of anti-dumping measures in place since 2013, reports Reuters. The 27-nation bloc will apply a blanket 79% duty on the products, replacing previous duties that had ranged from 13.1% to 36.1%, a filing […]
Chinese electric vehicle (EV) giant BYD has sued the US government for a refund on the Trump administration’s tariffs, reports Caixin. The move sees BYD join the ranks of a wave of legal challenges from companies including Costco and Toyota. In a lawsuit filed January 26 with the US Court of International Trade, several of BYD’s […]