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Posted on June 21, 2024

China has spent at least $230 billion to build its EV industry, new study finds

China spent $230.8 billion over more than a decade to develop its electric car industry, according to the Center for Strategic and International Studies.

Posted on June 21, 2024

German trade focus could pivot from China to US

Economy Minister Robert Habeck will underline Germany's resolve to pursue commercial links with China during a visit starting Friday but trade experts say economic and political factors all increasingly favour the U.

Posted on June 21, 2024

Opinion | Inside China’s Troubled Real Estate Market

I t’s time to confront the possibility that China’s economy has changed permanently in recent years. Is anyone ready for the new reality? ( read original story ...)

Posted on June 21, 2024

China’s property sales outlook worse than ratings firms expected

TWO global credit ratings firms lowered their forecasts for China’s property market, as an accelerating slump in home prices hampers the country’s efforts to rescue the sector. Read more at The ... ( read original story ...)

Posted on June 21, 2024

‘No one in Team India talks about Jasprit Bumrah’s bowling…’: Axar Patel says even coaches leave him alone

India's bowling coach Paras Mhambrey doesn't like to give Jasprit Bumrah much input as he believes it may create confusion in his mind, said Axar Patel.

Posted on June 21, 2024

India must avoid ‘adventurism’, focus on bringing down inflation, cenbank chief says

India should avoid "adventurism" and continue to focus on bringing down inflation towards the target of 4% despite the growing clamour to signal a pivot in monetary policy, Reserve Bank of India ...

Posted on June 21, 2024

Stronger monetary, fiscal policy coordination urged as China’s treasury-bond trade nears

With Beijing set to overhaul its monetary tools by restarting treasury bonds purchases in the secondary markets, China’s central bank and finance ministry are expected to dovetail efforts to support ...

Posted on June 21, 2024

China to Continue Reducing Holdings of USD Assets

ANZ thinks China will continue to increase the use of CNY in conducting trade, which would help enhance monetary policy independence and support a greater tolerance for exchange-rate volatility.

Posted on June 21, 2024

China to Continue Reducing Holdings of USD Assets

ANZ thinks China will continue to increase the use of CNY in conducting trade, which would help enhance monetary policy independence and support a greater tolerance for exchange-rate volatility.

Posted on June 21, 2024

Germany doesn’t expect a solution to EU tariff tensions on China trip

PAJU, SOUTH KOREA, June 21 (Reuters) - In his trip to China, Germany's Economy Minister Robert Habeck ... correspondent in Berlin covering German economics and the ministry of finance. Maria ...

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