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1 week ago |
scmp.com | Alice Li |Mandy Zuo |Ji Siqi
China announced a raft of supportive measures to shore up its economy and stabilise capital markets on Wednesday, in a move seen as bolstering Beijing’s position ahead of upcoming trade talks with the United States. Top officials from China’s central bank and financial regulators said they planned to cut interest rates, reserve ratio for banks to release liquidity into the markets, and ramp up support for consumers and businesses affected by US tariffs during a joint press conference in Beijing.
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1 week ago |
flipboard.com | Alice Li |Mandy Zuo |Ji Siqi
10 hours agoIt’s no secret this economy is slowing—at least in the near term. That’s given us contrarians a (time-limited!) buy window on the “dividend twofer” we’re going to dive into today. One of the tickers we’ll talk about below pays a sturdy 7% now. The other yields 4.9% and sports a source of upside no …
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1 week ago |
scmp.com | Mandy Zuo
China has released an action plan to reduce the amount of grain used in the feeding of its livestock – particularly soybean meal, a product that is mostly sourced from other countries – to maintain food security during an uncertain period for global trade.
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1 week ago |
thestar.com.my | Mandy Zuo
One man’s waste is Ma Long’s treasure. And in the new-energy era, his map leads to exhausted lithium-ion batteries – veritable troves of reusable resources that are supercharging profits at Ma’s company, a maker of solid-waste-recycling equipment in central China.
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1 week ago |
scmp.com | Mandy Zuo
One man’s waste is Ma Long’s treasure. And in the new-energy era, his map leads to exhausted lithium-ion batteries – veritable troves of reusable resources that are supercharging profits at Ma’s company, a maker of solid-waste-recycling equipment in central China.
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1 week ago |
flipboard.com | Mandy Zuo
11 hours agoThe shoe company Skechers is being acquired for more than $9 billion to be taken private by the investment firm by 3G Capital. The deal comes amid growing uncertainty over how U.S. President Donald Trump’s tariffs on foreign goods will affect companies who make their products overseas, particularly …
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1 week ago |
scmp.com | Sylvia Ma |Mandy Zuo
The Chinese leadership’s renewed emphasis on accelerating Shanghai’s emergence as a global financial centre reaffirms Beijing’s commitment to the long-standing vision as rising tensions with the United States pose potential financial risks, analysts said. During a symposium in Shanghai, Vice-Premier He Lifeng called on Tuesday for efforts to speed up the city’s development as a global financial centre.
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2 weeks ago |
scmp.com | Mandy Zuo
Reports of Hollywood’s demise in China have been greatly exaggerated. Two weeks after Beijing announced plans to reduce imports of US films amid the trade war, a string of major American productions are set for nationwide releases. Marvel’s Thunderbolts* is expected to hit Chinese cinemas in time for next week’s Labour Day holiday, with Disney’s highly anticipated live-action remake of Lilo & Stitch slated to premiere in the country soon after, on May 23.
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2 weeks ago |
scmp.com | Mandy Zuo
The authorities will also increase the number of duty-free shops catering for foreign visitors and increase the cash limit on tax refunds, the Ministry of Commerce and five other departments said on Sunday. International visitors will now be able to claim refunds on purchases over 200 yuan (just over US$27), compared with the previous limit of 500 yuan. The limit on the cash refunds they can claim will also rise from 10,000 yuan to 20,000 yuan, with no limits on those done by bank transfer.
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2 weeks ago |
flipboard.com | Mandy Zuo
6 hours agoChangchun, China - December 26, 2024 In a table tennis match, both players were focusing on the the movement of the ball. Left and right, the ball flied between two sides. Suddenly, there was a mistake, and the ball hit the other player on the head. Such a funny it was, people began to laugh so hard at this moment. The footage was filmed by XXX, in Nanguan, Changchun, Jilin, at 19:41, on December 26, 2024.