China Economic ReviewAccording to Chinese astrology, the fire horse year, which comes around once every 60 years, is one of intense change with dynamism, instability and creativity at the fore. But you don’t have to be a Chinese astrologist to be able to predict that given the current state of the world. In nearly all areas, there […]
China’s central bank set the yuan’s daily fixing rate at its strongest level since mid-2023 on Wednesday, reports the South China Morning Post. This comes as the Chinese currency extended gains with investors increasingly rotating out of US dollar assets amid concerns over the Federal Reserve’s independence and US debt sustainability. The People’s Bank of China […]
China’s domestic auto market saw sales drop 14.8% from a year earlier in January, reports Caixin. This comes as the industry grappled with a shift in government support policies. Total domestic sales fell to 1.665 million vehicles last month, down 33.9% from December, the China Association of Automobile Manufacturers (CAAM) said Wednesday. Domestic new-energy vehicle (NEV) […]
China’s carbon dioxide emissions fell 0.3% in 2025, reports Bloomberg. This is the first annual decline since Covid-era restrictions in 2022 and a reduction that’s happened even as energy demand growth remains strong. The drop, outlined in an analysis by the Centre for Research on Energy and Clean Air for Carbon Brief, was driven by a fall in emissions across […]
Semiconductor Manufacturing International Corporation reported a 12.8% increase in fourth-quarter revenue, reports Caixin, though net profit declined as heavy spending on capacity expansion weighed on earnings. China’s largest chip foundry posted revenue of $2.49 billion for the three months ended December, according to a Tuesday earnings release. Net profit fell 24.9% from a year earlier to […]