The move is widely seen as a landmark in China’s efforts to promote free trade and expand high-standard opening-up amid rising protectionism worldwide. Under the new arrangements, the tropical island, …
China Economy
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Following an investigation launched in June 2024, the ministry ruled that EU pork products were being dumped into the Chinese market, causing “substantial damage” to the domestic industry. Officials stated …
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The Ministry of Industry and Information Technology (MIIT) on Monday granted permits to two electric sedans — one from Changan Automobile and the other from BAIC Motor’s Arcfox — to …
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DBS Bank is the first Singapore-based bank to be appointed as an RMB clearing bank. A DBS representative said the designation will strengthen the bank’s cross-border RMB services, allowing clients …
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Beijing has in recent years sought to revive sentiment in the domestic economy, which has been battered by a prolonged debt crisis in the country’s vast property market. Reversing the …
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As the 750 billion yuan of treasury bonds issued in 2007 will mature on Dec. 12, the ministry will issue an equivalent amount to designated banks on the interbank market. …
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The consumer price index, a key measure of inflation, rose 0.7 percent year-on-year in November, according to the National Bureau of Statistics (NBS). The reading was in line with a …
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Presidents Xi Jinping and Donald Trump reached a tentative truce to their fierce trade war when they met in late October, agreeing a pause to painful measures that included lofty …