(Reuters) Sales of China-made vehicles by Tesla were 52,859 in November, with 21,127 designated for export. Tesla’s sales in November are a decline from October when the company sold 54,391…
(NBS) China registered a trade surplus of $71.72 billion in November, lower than the forecasted $82.75 billion and below $84.54 billion posted in October. China’s slowdowns in trade surplus reflected…
(PBC) The People’s Bank of China has announced a 0.5 percentage point reserve requirement reduction, in a move that will infuse 1.2 trillion yuan or $188 billion into the economy.…
(The Paper) The People’s Bank of China is targeting metaverse and non-fungible tokens in ramped-up measures to tame the crypto industry. Gou Wenjun, PBOC director, highlights the risks of money…
(NBS) China’s manufacturing PMI was posted at 50.1 in November, up from 49.2 in October and the first expansion in three months. The PMI was a better than expected contraction…
(FT) More than 2 million machines have been moved out of China by fourteen of the largest crypto mining companies, fueling activities across the US, Kazakhstan, Russia, and Canada. Following…
(NBS) China’s retail sector grew by 4.9% in October, higher than September’s expansion of 4.4% and better than the forecast increase of 3.5%. Industrial output saw an increase of 3.5%,…
(NBS) Factory gate inflation in China rose 13.5% in October from the prior year, the highest since July 1995 and higher than forecasted 12.4%. On a monthly basis, the producer…
(WSJ) China is preparing to issue more than a dozen licenses to education companies seeking to offer after-school tutoring. The tutoring firms will be required to operate as non-profit, while…
(NBS) Profits of industrial firms in China rose at 16.3% year over year to 738.74 billion yuan or $115.72 billion in September, a further increase from a 10.1% jump in…
(Bloomberg) Beijing wants coal miners in the country to pump more resources to boost coal output to over 12 million tons a day in the final three months of the…
(FT) China has asked McDonald's to expand its adoption of a digital payments system, renminbi, ahead of the Beijing Winter Olympics. The Chinese regulator wants the food chain to expand its…