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E-ZPass: New Jersey Turnpike Authority Faces Backlash After Dropping Local Firm for Foreign Entity with Alleged Ties to China’s Communist Party
Trenton, NJ – March 14, 2025 – A storm of controversy has erupted in New Jersey over the New Jersey Turnpike Authority’s decision to award a lucrative $1.73 billion contract to operate…
China’s Xi calls for combat readiness as PLA marks founding anniversary
By Greg Torode and Albee Zhang HONG KONG (Reuters) – After months of intensified and increasingly ambitious drills to project power, Chinese President Xi Jinping, speaking ahead of Tuesday’s 96th anniversary of…
China’s State Council issues measures to expand consumption
BEIJING (Reuters) – China’s State Council on Monday issued measures to restore and expand consumption in the automobile, real estate and services sector, aiming to give full play to the “fundamental role”…
China’s Censors Scrub Purged Foreign Minister From Internet Records
China’s Censors Scrub Purged Foreign Minister From Internet Records Philip Lenczycki on July 26, 2023 Chinese government censors scrubbed internet references to the minister of foreign affairs who was recently fired following…
China’s state planner unveils steps to spur private investment
BEIJING (Reuters) – China’s state planner on Monday unveiled measures that seek to promote, encourage and spur private investment in some infrastructure sectors and said it will strengthen financing support for private…
IEA chief says oil demand projections depend on China’s growth
GOA (Reuters) – The International Energy Agency (IEA) will revise its global oil demand growth projections based on the economic growth prospects of China and some other countries, its executive director Fatih…
China’s sagging economy looms over quarterly results around the world
By Noel Randewich (Reuters) – China’s frail growth could weigh on companies with exposure to the world’s second-largest economy, including Apple, big chipmakers and luxury retailers as they report quarterly results in…
China’s June exports to North Korea fell 6.6% month-on-month
BEIJING (Reuters) – China’s exports to North Korea fell 6.6% last month versus May, customs data shows, though they remained eight times higher than in June 2022 when the secretive state was…
Analysis-Suspicion deepens as absence of China’s foreign minister persists
By Laurie Chen, Martin Quin Pollard and Kate Lamb BEIJING/JAKARTA (Reuters) – Days before a conference of foreign ministers this month, China told host Indonesia it was switching its representative due to…
BofA cuts China’s 2023 growth forecast to 5.1%
(Reuters) – BofA Global Research on Thursday cut China’s economic growth forecast for this year to 5.1% on a disappointing second-quarter gross domestic product (GDP) growth and potential delay in forceful policy…
House Committee Investigates US Firms With Investments Linked To China’s Military, Human Rights Abuses
House Committee Investigates US Firms With Investments Linked To China’s Military, Human Rights Abuses Philip Lenczycki on July 19, 2023 The House Select Committee on the Chinese Communist Party (CCP) announced investigations…
China’s Economic Turmoil Could Raise Prices For The Average American, Experts Say
China’s Economic Turmoil Could Raise Prices For The Average American, Experts Say Will Kessler on July 19, 2023 China’s economy is struggling after failing to recover from the COVID-19 pandemic, a trend…
China’s central bank structural policy tools rise to $952 billion
BEIJING (Reuters) – China’s outstanding structural policy tools totalled 6.87 trillion yuan ($952.14 billion) at the end of June, the central bank said on Wednesday, up 0.7% from 6.82 trillion yuan at…
China’s digital yuan transactions seeing strong momentum, says cbank gov Yi
By Rae Wee SINGAPORE (Reuters) – Transactions using China’s digital yuan hit 1.8 trillion yuan ($249.33 billion) at end-June, the country’s central bank governor Yi Gang said on Wednesday, marking a jump…
Malaysia PM says China’s Geely to invest $10 billion in domestic auto hub -report
KUALA LUMPUR (Reuters) – Chinese car maker Geely will invest $10 billion to develop Malaysia’s main auto-making hub, state news agency Bernama quoted Prime Minister Anwar Ibrahim as saying on Tuesday,. Anwar…
Deutsche Bank cuts China’s 2023 growth forecast to 5.3%
(Reuters) – Deutsche Bank lowered its forecast for China’s economic growth forecast this year to 5.3%, from 6% earlier, citing weakness in domestic consumption demand and a deterioration in the property sector.…
China’s NDRC vows to roll out consumption support policies without delay
BEIJING (Reuters) – China’s top economic planner pledged on Tuesday that it would roll out policies to “restore and expand” consumption without delay as consumers’ purchasing power remained weak, suggesting an urgency…
China’s Economy Fails To Rebound Following Pandemic Tumble
China’s Economy Fails To Rebound Following Pandemic Tumble Will Kessler on July 17, 2023 China’s economic growth slowed in the second quarter of 2023 as the country continues to struggle following the…
China’s June industrial output rises 4.4%, retail sales up 3.1%
BEIJING (Reuters) – China’s industrial output grew 4.4% in June from a year earlier, unexpectedly accelerating from 3.5% seen in May, but demand remains lukewarm amid a bumpy post-COVID economic recovery. The…
China’s top diplomat urges stable ties with India as military tensions simmer
BEIJING (Reuters) – China’s top diplomat Wang Yi told the Indian foreign minister that bilateral ties need to be stabilised, as the two Asian neighbours searched for ways to ease simmering military…
China’s BYD says H1 net profit could more than triple
HONG KONG (Reuters) – Chinese electric vehicle giant BYD Co LTD forecast strong growth in its six-month net profit on Friday, buoyed by robust car sales and increased market share. Net profit…
China’s Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll
By Kevin Yao BEIJING (Reuters) – China’s economy likely grew 7.3% in the second quarter from a year earlier due to a low base, but momentum is rapidly faltering, a Reuters poll…
China’s state planner holds meeting with private firms, including Baidu
(Corrects to clarify Li Qiang is head of the State Council, not state planner) BEIJING (Reuters) – China’s state planner said on Monday it held a meeting with private firms including Baidu…
Republican 2024 hopeful DeSantis supports revoking China’s trade status
By Kanishka Singh WASHINGTON (Reuters) – Republican U.S. presidential candidate and Florida Governor Ron DeSantis said on Sunday he would take steps to revoke China’s permanent normal trade relations status if he…
China’s auto group retracts pledge to avoid ‘abnormal pricing’
SHANGHAI (Reuters) – The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16 automakers, including Tesla.. Thursday’s…
Factbox: China’s major germanium and gallium producers
BEIJING (Reuters) – China has announced export restrictions to take effect from Aug. 1 on some gallium and germanium products, metals used in computer chips and other products, citing national security interests.…
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