by Teuvo Tuomi | May 30, 2024 | China, Business, Economy, News, Reports
China’s economy is expected to achieve a resilient growth of 5% this year, faster than previous projections. However, according to the International Monetary Fund (IMF), the country still needs to scale up property sector support and monetary easing as downside...
by Teuvo Tuomi | May 20, 2024 | ASEAN, Business, China, Economy, News, Research
Nearly 2,000 respondents from ASEAN countries identify China as the most influential economic power in the region, according to a survey by the ISEAS-Yusof Ishak Institute in Singapore titled “State of Southeast Asia 2024.” In Laos and Thailand, 78% and 71% of...
by Teuvo Tuomi | May 10, 2024 | News, China, Energy, Technology
China’s Ministry of Industry and Information Technology plans to launch a major update to guide the production capacity of lithium-ion batteries. Industry experts say this will knock out some low-end battery cells and accelerate the country’s high-end...
by Teuvo Tuomi | Feb 16, 2024 | China, Asia, Economy, News
China needs more interest rate cuts to ease corporate financing and household mortgage costs, political advisers and experts say. A faster-than-expected credit expansion signals a nascent recovery in the nation’s financing demand. Both China’s new yuan loans and total...
by Teuvo Tuomi | Jan 23, 2024 | China, Technology, Visions
Beijing will develop into a global city for the digital economy with a transformation in production, governance, and lifestyle driven by digitization, Yin Yong, mayor of the city, says. Beijing has pioneered key technology, infrastructure, and applications related to...
