Sylvia Ma

Beijing stands ready to work with Jakarta to address challenges and promote common development, Chinese Premier Li Qiang told Indonesian President Prabowo Subianto over the weekend. In talks in Jakarta on Sunday, the second day of his trip to Southeast […]

Premier Li Qiang has called on China’s foreign trade enterprises to enhance their “ability to combat storms” amid mounting external challenges linked to increased American tariffs. “The current foreign trade situation is complex and severe,” Li said at a symposium

China is determined to preserve the stability of the yuan amid an intensifying trade war with the United States, the country’s top financial officials told a press conference in Beijing on Thursday. “We will resolutely prevent exchange rate overshooting and

China’s market regulator has convened a meeting with leading solar, automotive and technology companies to address the vicious cycle of cutthroat competition that has been plaguing the sectors. The meeting – chaired by Meng Yang, a vice-minister from the State

China’s top economic planner has unveiled its blueprint for the country’s data industry, with ambitions for over 15 per cent annual growth in the sector by 2029 as digitalisation continues across the world’s second-largest economy. Advancing the development of artificial

The offshore yuan weakened overnight and broke a key psychological level of 7.3 per US dollar, as the US Federal Reserve’s unexpectedly cautious forecast for rate cuts next year strengthened the dollar. In the early hours of Thursday, the yuan

China’s tax revenue rose for the second straight month in November on the back of supportive domestic policies, while local governments continued to struggle with shrinking land sales income amid a prolonged property market slump. Tax revenue climbed 5.3 per

With the end of the year fast approaching – and the window for China to meet its annual economic targets narrowing by the day – high-level policymakers have issued a call for swift action to shore up growth and build

Luxury spending in China has seen a sharp slowdown this year – a drop in line with a fall in broad consumer sentiment and tourism outflows to Europe and other overseas destinations – with recovery projected for the second half

For the first time in nearly two decades, the People’s Bank of China has conducted a treasury bond trade – with a net purchase totalling 100 billion yuan (US$14.1 billion) in late August. The rare use of such a monetary