China COSCO Shipping Group has placed a record-breaking domestic order for 87 new vessels from China State Shipbuilding Corp in a deal valued at over RMB 50 billion ($7 billion), reports Caixin. This move comes as the maritime giant races to modernize its fleet and cement its global position. The deal marks a major investment in […]
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China exports return to growth
China’s exports returned to growth in November, as a low comparison base and fading holiday effects helped lift shipments after a decline in the previous month, reports Caixin. This beat market expectations. The General Administration of Customs said that exports rose 5.9% year-on-year in dollar terms and imports grew 1.9%. As export growth outpaced imports, […]
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Demanding domestic demand
China’s top leaders made strengthening domestic demand their top economic priority for 2026 during the Politburo’s December meeting, an announcement which follows a fall in economic momentum over the past few months. This is yet again acknowledgement by the country’s highest organizational body that the main problem with the economy is the reluctance of people […]
China’s crackdown on borrowing by local governments is forcing state-run entities take loans from non-bank lenders, reports Bloomberg. With even some of the wealthiest provinces involved, the trend is increasing risk in an opaque corner of the financial system. The borrowing marks a return of China’s shadow-banking market, which is more loosely regulated than traditional […]
China’s securities regulator has proposed sweeping rules aimed at overhauling oversight of the country’s listed companies, reports Caixin. The proposal focuses on tightening corporate governance, improving information disclosure and enhancing investor protection. The China Securities Regulatory Commission (CSRC) published a 74-article draft regulation titled Regulations on the Supervision and Administration of Listed Companies for public […]