<b>Chinese tourists pick cheaper destinations, fueling local spending</b>
Chinese tourists pick cheaper destinations, fueling local spending
BEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots. Only 14% of high-income households that traveled internationally last year plan to go abroad again in 2024, according to a s...
2024-05-29 10:27:53
IMF raises China's growth forecast on strong Q1 and policy measures
IMF raises China's growth forecast on strong Q1 and policy measures
BEIJING — The International Monetary Fund on Wednesday raised its forecast for China's growth this year to 5%, previously, due to "strong" first quarter figures and recent policy measures. The upgrade followed an IMF visit to China for a...
2024-05-29 10:27:46
<b>China Is Trying to Have It Both Ways in the Middle East</b>
China Is Trying to Have It Both Ways in the Middle East
There has been plenty of hand-wringing in the West about the prospect of China displacing or at least rivaling the United States as the worlds leading superpower. But the evolving security crisis in the Red Sea makes clear that this remains...
2024-01-31 09:34:36
China 2024 GDP forecasts by JPMorgan, Goldman, Citi, Morgan Stanley
China 2024 GDP forecasts by JPMorgan, Goldman, Citi, Morgan Stanley
BEIJING — Major international investment banks expect China's economy to grow at a slower pace in 2024 than in 2023, according to annual forecasts released in the last few months. The average prediction among five firms, including Goldman...
2024-01-23 11:12:34
<b>China misses fourth-quarter GDP estimates, resumes posting youth unemployment data</b>
China misses fourth-quarter GDP estimates, resumes posting youth unemployment data
BEIJING — China missed fourth-quarter GDP estimates on Wednesday, while it resumed reporting the unemployment rate for young people. GDP for the last three months of 2023 rose by 5.2%, according to China's National Bureau of Statistics. T...
2024-01-23 11:12:28
China could face more chip restrictions in 2024, analysts say
China could face more chip restrictions in 2024, analysts say
China could face more semiconductor export curbs from the likes of the U.S. and the Netherlands to contain the Asian powerhouse's chip tech, analysts told CNBC. Earlier this year, Dutch semiconductor equipment maker ASML from exporting some...
2024-01-23 11:12:22
Pushback against Trump plays into the hands of the Chinese, Austria minister says
Pushback against Trump plays into the hands of the Chinese, Austria minister says
Davos, SWITZERLAND — Liberal pushback against a likely highly divisive U.S. election will play into the hands of the Chinese, Austria's minister for foreign affairs, Alexander Schallenberg, said Thursday. Speaking to CNBC at the , Schalle...
2024-01-23 11:12:16
China's working age population is shrinking
China's working age population is shrinking
BEIJING — China's working age population is shrinking as a share of the total number of people in the country, according to official data released Wednesday. People ages 16 to 59 accounted for 61.3% of mainland China's population last yea...
2024-01-23 11:12:10
<b>China strategist warns of deflation and rock-bottom consumer confidence</b>
China strategist warns of deflation and rock-bottom consumer confidence
Deflation may soon start biting into Chinese growth, as Beijing looks at another three to six months of a "very painful economy," according to one analyst who covers the country. "This is something investors need to be cautious of. The econ...
2024-01-23 11:11:58
China's overseas issuance of RMB sovereign debt will be innovatively innovative
China's overseas issuance of RMB sovereign debt will be innovatively innovative
China will issue a new high in the issuance of RMB pricing sovereign bonds overseas this year. This will help Beijing to support weak RMB. In the long run, it can also increase the global popularity of the RMB. According to Bloomberg, the M...
2024-01-18 22:31:33
Chinese scientists participated in Fukushima Nuclear Water Samples for the first time
Chinese scientists participated in Fukushima Nuclear Water Samples for the first time
Japanese officials said that Chinese scientists will participate in large -scale samples of the Fukushima waters for the first time.The Chinese Ministry of Foreign Affairs responded to this that this is still the bilateral arrangements of t...
2024-01-18 22:31:31
EU Foreign Affairs leader Berrelli visited China
EU Foreign Affairs leader Berrelli visited China
After two delayed visits to China, Berry, a senior representative of the EU diplomacy and security policy, will visit China from October 12th to 14th, and hold the 12th round of China -Europe high -level strategic dialogue. Chinese Ministry...
2024-01-18 22:31:29
Uniqlo China has increased salary for employees from October in October
Uniqlo China has increased salary for employees from October in October
Uniqlo China has announced the implementation of salary adjustments from October this year. After the salary adjustment, the average salary of employees can increase by about 28%. According to the interface news on Wednesday (October 11), t...
2024-01-18 22:31:26
China disclosed that Australian reporter Cheng Lei was expelled from the country after
China disclosed that Australian reporter Cheng Lei was expelled from the country after
Chinese officials disclosed the specific details of Australian reporters Cheng Lei, saying that she illegally provided the national secret content she had in her work to overseas institutions.Essence The Ministry of National Security of Chi...
2024-01-18 22:31:24
Lai Qingde: Whatever the combination of the opposition party has won the victory with
Lai Qingde: Whatever the combination of the opposition party has won the victory with
Lai Qingde, Vice President of Taiwan and the President of the DPP, said that no matter how changes in the future and how to combine the opposition party, they must face and win the victory with the most firm will and the confidence of winni...
2024-01-18 22:31:21