China

Asia is the region most impacted by climate disasters: WMO

79 water-related climate disasters impacted Asia last year

IEA forecasts strong growth in electric car sales to 17 million in 2024

The IEA expects China to account for 10 million electric vehicle sales this year

China leaves benchmark lending rates unchanged in line with market expectations

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

China’s state fund invests over $41 billion into stock market in Q1: Report

Investments aimed at bolstering the stable operation of China's capital markets

UNCTAD forecasts 2.6 percent global economic growth in 2024, warns of urgent issues beyond inflation

This marks the third straight year of growth below the pre-pandemic average of 3.2 percent from 2015-2019

China’s marine fuel oil exports plunge 32 percent YoY to 1.32 million tons in March

The exports are primarily driven by sales from bonded storage for vessels operating on international routes

Egypt’s SCZONE attracts 128 projects worth over $3 billion, Chinese firms contribute 40 percent

SCZONE inked 14 agreements with major Chinese companies to boost investment

IMF’s Georgieva urges China to address economic slowdown, enhance productivity

The Managing Director highlighted concerns over the country's property crisis, called for domestic growth strategies

China’s fiscal stimulus shifts focus amid effectiveness concerns: S&P report

Fiscal stimulus in China aims to buy time for the implementation of longer-term policies

Japan’s business confidence drops as yen weakens to 34-year low

Manufacturing, services sectors dampen amidst growing economic challenges

Honda speeds up China EV plans with Ye brand launch, plans 10 models by 2027

The company aims for EVs to make up 100 percent of its automobile sales in China by 2035

China’s economy grows 5.3 percent in first quarter of 2024

High-tech manufacturing propels growth despite property market concers

Oil prices climb on China’s economic growth, Middle East tensions

Brent crude futures for June delivery gained 48 cents, or 0.5 percent, settling at $90.58 per barrel