U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its annual …
China’s firms are taking flight, worrying its rulers
Now, though, it is China’s turn to worry. Its manufacturers are taking flight.
China’s COMAC, maker of C919 jet, aims for Southeast Asian flights by 2026
Chinese state-owned plane maker COMAC aims for its C919 jet to start flying on commercial routes to Southeast Asia by 2026 as a first step to moving beyond its domestic market, a senior company …
Creating a Belt and Road Cooperation Model between China and Bangladesh, CASCO Supports the Full Opening of the “Dream Road”
DHAKA, Bangladesh, Jan. 3, 2025 /PRNewswire/ — On December 24, 2024, the Padma Bridge Rail Link Project (PBRLP) in Bangladesh officially opened across its entire line to traffic. CASCO, one of the key Chinese participating enterprises, was invited to …
China gives government workers first big pay bump in a decade to boost economy
Millions of government workers across China were given surprise wage increases this week, people affected by the move said, as Beijing looks to boost spending to support the slowing economy.
China property: rising home sales bode well for sector reeling for last 4 years
China’s property market shows signs of recovery, with rising home sales in major cities, boosting hopes for stabilisation in 2025.
China will sharply increase funding from treasury bonds to spur growth in 2025
China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing ramps up …
China urges safety assessments after deadly year in commercial aviation
Chinese authorities have called for assessments of industry hazards to uncover any “hidden” operational dangers from flight routes to runways, following the deadliest year in global commercial …
China pressure point in Myanmar
WHEN an alliance led by three rebel armies seized swathes of Myanmar territory near the Chinese border in October last year, Beijing turned a blind eye.
China’s central bank might cut interest rates from current level of 1.5% in 2025, FT reports
China’s central bank said it was likely it would cut interest rates from the current level of 1.5% “at an appropriate time” in 2025, the Financial Times reported on Friday citing comments the bank …