China News and Economic Developments
Schneider Electric raises 2026 targets on AI data centre demand
Strong spending by cloud groups on AI infrastructure is pushing Schneider Electric to lift its 2026 financial outlook again after another quarter of record sales. The French industrial company ...
ByteDance short-drama app gains share in China streaming market
ByteDance is extending its grip on Chinese mobile viewing as users shift toward short-form drama content on smartphones. Its Hongguo platform is emerging as a major driver of that change, while ...
China healthcare costs strain household consumption, IMF says
China's relatively high out-of-pocket healthcare costs are pushing households to save instead of spend, adding to pressure on domestic consumption as the country seeks a new growth model. IMF ...
Global EV market posts September sales decline as North America and China weaken
Global electric vehicle demand loses momentum in September after six straight months of growth, as weakness in two of the largest markets outweighs record buying in Europe. The downturn reflects ...
AM Best affirms Taiping Reinsurance ratings with stable outlook
Taiping Reinsurance Company Limited and its China subsidiary retain their existing AM Best credit ratings as the group continues to report stable capital and earnings trends. The affirmation ...
China central bank urges broader approach to global imbalances
As scrutiny of China's trade surplus intensifies, the country's central bank governor is calling for a wider framework to assess global imbalances. The remarks come as foreign governments press ...
Nvidia urges deeper AI safety dialogue with Chinese companies
Debate over how to manage the risks of artificial intelligence is intensifying as governments and leading developers weigh stronger safeguards for the fast-advancing technology. Nvidia CEO Jensen ...
ByteDance expands AI safety operations with new team and global hiring drive
Rising scrutiny over autonomous AI systems is pushing developers to devote more resources to safety, testing and oversight as model capabilities advance. ByteDance is responding by creating a ...
Hainan Rubber proposed perpetual securities rated BBB- by Fitch
China Hainan Rubber Industry Group is moving to refinance offshore debt through proposed subordinated perpetual sustainable securities backed by its majority-owned unit Halcyon Agri. The planned ...
China rare earth exports to Europe set to continue beyond U.S. trade deadline
China signals that rare earth shipments to Europe will continue even if a temporary trade truce with the U.S. is not extended beyond January. The stance comes as Brussels and Beijing maintain ...
China growth outlook keeps 2026 target within reach despite weak demand
Fresh policy support is expected to help China's economy post a modest pickup in third-quarter growth after slowing to a more than three-year low. Even with that improvement, forecasts suggest ...
Pakistan firms move to set up electric bus manufacturing venture
Pakistan is seeking to turn stronger industrial ties with China into local manufacturing and export growth as electric mobility gains policy attention. A memorandum of understanding signed in ...
China-North Korea border crossing opens to support bilateral trade
A long-idled bridge linking Dandong in China with North Korea opens on Thursday as both countries seek to revive cross-border commerce after years of disruption. The move signals deeper economic ...
DexForce uses virtual data training to cut humanoid robot costs in China
China's humanoid robot sector is racing to move beyond athletic demonstrations and prove machines can handle practical work in factories, offices and homes. Shenzhen-based DexForce is positioning ...
Malaysia receives China's support for full BRICS membership
Malaysia's bid to join BRICS as a full member has once again received support from China, as regional relations and multilateral economic cooperation remain in focus. The support comes as Beijing ...
Hubei Huanchuan rating affirmed at BBB with stable outlook
Economic volatility remains a key test for corporate credit quality, yet Hubei Huanchuan continues to hold its current standing. The stable outlook signals expectations that the company can ...
Gold market outlook points to fresh price records as central bank buying strengthens
Bullion investors are expecting gold to revisit record territory over the next two years as demand for safe-haven assets remains firm. The outlook comes as central banks reported their strongest ...
China’s protein exporters gain global market share as chicken shipments surge
Chinese meat and dairy producers are turning excess domestic capacity into an export push that is reshaping global protein trade. The shift is lifting overseas sales of products such as chicken ...
IMF calls for bigger China fiscal stimulus as growth slows
China faces renewed pressure to shore up domestic demand as the International Monetary Fund warns the economy is close to deflation. The fund expects growth to ease to 4.5% this year from 5.0% in ...
Italy says lack of available auto plants deters Chinese manufacturing investment
Chinese automakers seeking to expand production in Europe are excluding Italy because no suitable ready-to-use factories are available, Industry Minister Adolfo Urso says. The constraint comes as ...
Tencent rating affirmed by Fitch Ratings amid strong cash flow and market position
Tencent Holdings retains an 'A' long-term issuer rating as its broad internet platform and gaming operations continue to support solid operating performance. The Stable Outlook reflects the ...
