The 50 billion yuan (US$6.97 billion) contraction came as a surprise, given analysts had predicted a 300 billion yuan gain
Greater China
Beijing is becoming increasingly worried about involution or ‘neijuan.’ What exactly is the concern?
Once characterising someone stuck working harder without delivering proportional gains, ‘neijuan’ now applies to businesses in the same predicament
The 14.2 billion yuan (US$1.97 billion) syndicated loan is the largest offshore yuan loan ever to a non-Chinese company, and the first to an Australian firm
The tariff pause was renewed hours before it was due to expire, with the US and China continuing to impose 30 percent and 10 percent duties against one another
The deal will see Nvidia and AMD give 15 percent of their Chinese revenues to the US government in exchange for special export licences
July’s index was unchanged year-on-year, but demonstrated a 0.4 percent month-on-month rise, according to the latest data
The deals cover areas from science, education and financial cooperation to strengthening collaboration in the convention and exhibition sector
Chip and vehicle shipments drive year-on-year growth as the 12 August trade deal deadline between Beijing and Washington draws closer
Fitch Ratings has shifted its expectations to a 7 percent year-on-year contraction in the market. That’s significantly better than its initial forecast of a 15 percent decline