What China’s 2024 Policy Goals Mean for Ties With the US

Mar 5, 2024 | Markets

Work reports focus on tech innovation, defense spending Key for foreign firms is ‘full, timely’ reform rollout: AmCham China’s big annual policy report shows it may have to play nice with the US this year to counter its economic headwinds, though ambitions to ramp up...

Chinese Stocks Extend Gains in Afternoon as ETF Turnover Spikes

Mar 5, 2024 | Markets

Mainland-listed shares climb while those in Hong Kong fall China’s 5% growth traget a disappointment to some investors Some exchange-traded funds tracking Chinese stocks saw a surge in turnover, a sign that state-backed funds are supporting the market after some...

China Defense Spending to Climb 7.2% as Xi Pursues Buildup

Mar 4, 2024 | Markets

Increase in military expenditure is the biggest in five years Corruption is raising questions about nation’s armed forces China’s defense spending will grow by 7.2% in 2024 — the most in five years — an increase that comes amid signs corruption is undermining a...

Country Garden’s Sales Drop Most in Years Amid Wind-Up Fears

Mar 4, 2024 | Markets

Chinese developer saw transactions plunge 85% from a year ago Chairman pledges to deliver projects with its own resources Country Garden Holdings Co. posted its biggest sales decline in at least seven years, adding to the woes of the Chinese property developer that is...