The ongoing trade tussle between the European Union (EU) and China over electric vehicles (EVs) has reached a critical juncture, as both sides agreed to enhance efforts to prevent the imposition of significant import tariffs on Chinese-made EVs. The discussions,… Read More ›
Day: September 20, 2024
Chinese Bubble Tea Makers Halt Offshore IPO Plans Amid Market Turbulence
The offshore share offering plans of at least three prominent Chinese bubble tea makers have been postponed by the China Securities Regulatory Commission (CSRC), primarily due to disappointing market performance from peers in Hong Kong and declining consumer sentiment domestically…. Read More ›
China’s Decision to Maintain Benchmark Lending Rates: Implications for the Economy
China’s unexpected decision to keep its benchmark lending rates unchanged during the monthly fixing on Friday has left market analysts puzzled, particularly after the Federal Reserve’s recent 50-basis-point interest rate cut. This decision contradicts widespread expectations that China would adjust… Read More ›