The People’s Bank of China (PBOC) held the interest rate on the one-year medium-term lending facility (MLF) steady at 2 per cent, according to a statement on Dec 25. Nine out of the 10 economists surveyed by Bloomberg forecast no change. The rate was last cut in September by 30 basis points.
Talks between China and Japan's foreign ministers in Beijing have paved way for Japan to host China's foreign affairs chief next year, and mutual agreement to hold a security dialogue as soon as possible,
China on Wednesday said it would extend its anti-dumping probe into brandy imported from the European Union due to the case’s “complexity”, prolonging a trade standoff between Beijing and Brussels. China in January launched an investigation into certain EU brandy imports after the bloc undertook a probe into Chinese EV subsidies.
Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support.
Express deliveries, putting your military status on dating apps, and suspicious pens could all hold dangers for national security, China said in 2024.
There have been at least 20 such attacks in China this year, with a death toll of more than 90 people. Government officials have called these incidents “isolated” and offered explanations emphasizing individual motivations: the driver in the Zhuhai car attack was unhappy with his divorce settlement,
Japanese Foreign Minister Takeshi Iwaya has met with top Chinese leaders during his visit to Beijing, the first since the heads of the two countries met at a summit in Peru last month
The Commerce secretary says investment, more than export controls, will keep the U.S. ahead of Beijing.
UK Chancellor of the Exchequer Rachel Reeves will travel to China during the second week of January to revive high-level discussions aimed at improving economic ties between the countries.
China’s antitrust investigation is a major change in how Beijing retaliates against U.S. tech policies, Reva Goujon writes in a guest commentary.
The China-Japan relationship is at a critical phase in efforts to improve ties, and the fruitful outcome of Japanese Foreign Minister Takeshi Iwaya's first visit to China in his current post illustrates efforts by Beijing and Tokyo to add certainty to the bilateral agenda and the region's stability, analysts said.