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China's car production climbed 3.6% to 2.996 million units in October from a year earlier while sales advanced 7% to 3.053 million autos, CAAM said today. The production and sales of new energy vehicles surged 48% and 49.6% respectively to 1.46 million and 1.43 million units. Chinese EV startup Xpeng Motors has launched a crowdfunding campaign ...
China’s Money Supply Picks Up in October as Stimulus Begins to …
1 day ago · audio is not supported! (Yicai) Nov. 12 -- Two key gauges of China’s money supply picked up last month as M2 grew quicker and M1 slowed its pace of shrinking for the first time in the past six months, following stimulus measures such as interest rate cuts. As of Oct. 31, the balance of M2, a broad gauge that covers cash in circulation and all ...
Yicai Chief Economists Confidence Index Tops 50 as China's …
Oct 14, 2024 · The Yicai Chief Economists Confidence Index jumped to 50.62 in October from 49.96 in September, returning above the key 50 level after falling below it for the first time in 20 months, according to a poll of 13 leading China-based economists published by Yicai yesterday.
China’s Debt Situation Is Under Control, Nation Has Sizeable …
1 day ago · audio is not supported! (Yicai) Nov. 12 -- Following the release of government debt figures last week, insiders and experts told Yicai that China’s debt risk is controllable, and large-scale borrowing can still be conducted if necessary. China’s local governments had CNY14.3 trillion (USD2 trillion) of so-called hidden debt at the end of ...
L'Oréal Doubles Down on Local Innovation, Production in China
1 day ago · L'Oréal Doubles Down on Local Innovation, Production in China. (Yicai) Nov. 12 -- L’Oréal is continuing to strengthen its focus on local innovation in China by partnering with startups and embracing digital transformation, according to executives from the French cosmetics giant who attended the just concluded China International Import Expo.
Over Mountains and Seas: the New Era of Chinese Corporate …
Sep 27, 2023 · New Stage of Chinese Enterprises’ Globalization. China’s total imports and exports of trade in goods took up 13.5 percent of the global total in 2021, which more than tripled that when the nation just joined the World Trade Organization in 2001, so the country became the world’s largest trading nation, statistics from the WTO said.
Chinese Firms Are Changing Way They Go Global, Ernst ... - Yicai …
Aug 15, 2024 · The enhancement of their core competitiveness and the leveraging of their strengths in innovation are expected to be key for them to penetrate overseas markets. China’s overseas FDI soared 13.2 percent in the first half from a year earlier to USD85.3 billion, of which non-financial FDI jumped 16.6 percent to USD72.62 billion.
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Jul 16, 2024 · Zhu Yanran. /SOURCE: Yicai. China Is Likely to Solidify GDP Growth to Reach 2024 Target of Around 5%, Chief Economists Say. (Yicai) July 16 -- China is expected to strengthen its policies to balance economic growth in the second half to achieve its target of around 5 percent growth this year, chief economists said after the third plenum started.
Yicai Chief Economists Confidence Index Climbs for Second …
Nov 6, 2024 · audio is not supported! (Yicai) Nov. 6 -- A gauge of confidence in China’s economy rose further above the boom-bust line for the second straight month in November, as economists polled by Yicai expressed the opinion that the ongoing roll-out of countercyclical measures will support the upward momentum and boost expectations.
Chief Economists Stay Upbeat on China's Economy in ... - Yicai …
Aug 7, 2024 · The Yicai Chief Economists Confidence Index edged up to 50.3 in August from 50.23 in July, staying above the key 50 level for the 19th month in a row, according to the findings of a survey of 15 leading China-based chief economists published yesterday. China will continue to face certain pressure over economic development, but the recovery ...