Construction workers in Guizhou province, China

Chinese Markets Grapple with Stimulus Disappointment Amid Sluggish Economic Outlook

Chinese markets recently after Beijing unveiled a highly anticipated stimulus package, which many hoped would mark the start of a much-needed economic recovery for the world’s second-largest economy. Traders were quick to act, sending stock markets soaring across Shanghai and...
Asian Financial Markets

Asian Financial Markets Open Cautiously Amid China’s Underwhelming Finance Briefing, Dropping Factory Prices

The global financial markets kicked off the week on a cautious note as uncertainty over China’s economic recovery deepened following a lackluster briefing from the country’s Finance Ministry. The weekend update from China’s Finance Minister Lan Fo’an, which fell short...
US dollar

Dollar Extends Gains Amid Asia Trading, Overshadowing China’s Weekend Stimulus Announcements

In early Monday trades in Asia, the U.S. dollar extended its recent gains, continuing a trend that has been largely driven by market skepticism about further aggressive rate cuts from the Federal Reserve and disappointment over China’s lackluster weekend stimulus...
China's Consumer Prices Rise Less Than Expected in September; Factory-Gate Charges Continue Decline for 24th Month

Goldman Sachs Raises China’s Growth Forecasts for 2024 and 2025 Following New Economic Stimulus Measures

Beijing’s efforts to shore up economic growth are boosting investor sentiment as Goldman Sachs revises its growth projections for China’s economy. Goldman Sachs Group Inc. has upgraded its forecasts for China’s economic growth in 2024 and 2025, citing fresh policy...
chinese stocks

Chinese Stocks Rally After Promised Property Sector Support and Hints at Fiscal Stimulus

Chinese stocks surged on Monday, following a weekend announcement by the Ministry of Finance that promised new measures to support the troubled property sector and suggested the potential for increased government borrowing. The pledge to offer financial backing and explore...
Myanmar's Permanent Secretary of Foreign Affairs Aung Kyaw Moe, Philippines President Ferdinand Marcos Jr, Singapore's Prime Minister Lawrence Wong, Thailand's Foreign Minister Maris Sangiampongsa, Vietnam's Prime Minister Pham Minh Chinh, United Nations Secretary-General Antonio Guterres, Laos' Prime Minister Sonexay Siphandone, Malaysia's Prime Minister Anwar Ibrahim, Brunei's Sultan Hassanal Bolkiah, Cambodia's Prime Minister Hun Manet, Indonesian Vice President Ma'ruf Amin and Prime Minister of Timor-Leste Xanana Gusmao pose for a photo at the 14th ASEAN-United Nations (UN) Summit at the National Convention Centre, in Vientiane, Laos, October 11, 2024. REUTERS

Southeast Asian Leaders Urge Swift Agreement on South China Sea Code and Call for Peace in Myanmar

At the Association of Southeast Asian Nations (ASEAN) summit, held in Laos, regional leaders voiced strong demands on two pressing issues: the need for a swift agreement on a code of conduct in the South China Sea and the immediate...
Taiwanese Airspace

Chinese Aircraft Carrier Near Taiwan Raises Concerns of New War Games

Taiwan's defense ministry reported on Sunday that a Chinese aircraft carrier group sailed into waters south of the island, stoking fears of another round of Chinese military exercises. The report comes amid heightened tensions between Taipei and Beijing, particularly in...
US Secretary of State Antony Blinken attends the 19th East Asia Summit during the 44th and 45th Association of Southeast Asian Nations (Asean) Summits in Vientiane, Laos, on Friday. Reuters.

US accuses Russia and China Block Consensus Statement at East Asia Summit Over South China Sea

Russia and China jointly blocked a proposed consensus statement at the East Asia Summit (EAS) in Laos, citing objections over specific language on the disputed South China Sea. The draft, prepared by Southeast Asian nations, was a product of extensive...
Chinese Premier Li Qiang pays tribute to President Ho Chi Minh at the Vietnamese late leader's mausoleum in Hanoi.

China–Vietnam Relations: Chinese Premier Li Qiang Pays Tribute to President Ho Chi Minh in Hanoi

Chinese Premier Li Qiang, accompanied by a high-ranking delegation, laid a wreath at the Mausoleum of President Ho Chi Minh in Hanoi on the morning of October 13, 2024. The event marked the commencement of Li's three-day official visit to...
Vietnam Prime Minister Pham Minh Chinh-Chinese Premier Li Qiang

Vietnam and China Sign QR Code Payment Agreement Trade Partnership Grows, Marking New Era in Economic Cooperation

Vietnam Prime Minister Pham Minh Chinh holds talks with Chinese Premier Li Qiang. Vietnam and China signed ten significant agreements on Sunday, covering various areas such as agriculture cooperation, cross-border payments, and infrastructure development. The signing took place during Chinese...
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