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[ad_1] U.S. Treasury Secretary Janet Yellen attends a press conference at U.S. Ambassador’s residence in Beijing on April 8, 2024. Pedro Pardo | Afp | Getty Images BEIJING — U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing’s need to shift its policy on industry and the…
[ad_1] Missiles on the background of the Chinese flag Anton Petrus | Moment | Getty Images China is set to increase its defense spending by 7.2% to 1.67 trillion yuan in 2024, according to a budget report released by the Ministry of Finance on Tuesday, as part of the country’s annual parliamentary meetings in Beijing….
[ad_1] A mobile phone is displaying the screen of Tencent Games company’s stock plunge in Suqian, Jiangsu Province, China, on December 22, 2023. Costfoto | Nurphoto | Getty Images Chinese online gaming stocks rose Wednesday, recovering some losses from the previous session after the country’s top gaming regulator pledged to “further modify and improve” draft…
[ad_1] A large number of people watch the live broadcast of the 2023 League of Legends Global Finals in Yantai, Shandong Province, China, Nov 19, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Tencent and Netease shares plunged on Friday after China released draft guidelines aimed at curbing incentives that…
[ad_1] View of Shanghai skyline from a container station. Yaorusheng | Moment | Getty Images China reported Friday its industrial output expanded at the fastest pace since February 2022 in November, though retail sales growth missed expectations, pointing to a patchy recovery in the world’s second-largest economy. Economists are approaching the China data with some…
[ad_1] Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images U.S.-listed shares of Chinese e-commerce giant Alibaba slid on Thursday after it announced that it would not proceed with the full spin-off of its cloud group due to…
[ad_1] CHONGQING, CHINA – NOVEMBER 5, 2023 – High-rise buildings are seen in downtown Chongqing, China, November 5, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened. Retail sales grew by…
[ad_1] In a photo taken on November 4, 2019 a subway train crosses a rail bridge over the Han river, before the skyline of the Yeouido business district of Seoul. Ed Jones | Afp | Getty Images South Korea stocks surged on Monday after the country re-imposed a ban on short selling, while most Asia-Pacific…
[ad_1] US Secretary of State Antony Blinken (L) walks with China’s Foreign Minister Qin Gang (R) ahead of a meeting at the Diaoyutai State Guesthouse in Beijing on June 18, 2023. Leah Millis | Afp | Getty Images U.S. Secretary of State Antony Blinken on Sunday met with Chinese Foreign Minister Qin Gang and top…
[ad_1] Week ahead: China PMI readings; Bank of Thailand meeting, South Korea GDP China’s purchasing managers’ index readings for May alongside the Bank of Thailand’s meeting and South Korea’s inflation and gross domestic product reports will be in focus this week. On Monday, Hong Kong’s trade data for April will be published after the region…