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But claims that Beijing uses state subsidies to prop up its manufacturing sector, and then dumps the excess surplus overseas, are irking executives in China's car sector. Overcapacity “is a fake ...
There is “no such thing as ‘China’s overcapacity problem,’” he said. But the issue can’t be wished away. Western leaders have focused their fears on solar panels, lithium batteries ...
GUANGZHOU, China (Reuters) -U.S. Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier He Lifeng agreed to launch exchanges on "balanced" economic growth, an effort to ...
China is the world’s second-largest economy behind the U.S. Growth in the Asian country has slowed in the wake of a crackdown on property developers’ high reliance on debt for growth and ...
It is one of two multilateral cooperation funds created by the Chinese government to advance the economic relationship between China and Latin America. The other is the China-LAC Cooperation Fund . Similar to the investment funds in promoting economic ties, the Special Loan Program for China-Latin America Infrastructure Project is a special ...
China Investment Corporation (CIC) is a sovereign wealth fund that manages part of China's foreign exchange reserves. China's largest sovereign fund , CIC was established in 2007 with about US$200 billion of assets under management , a number that grew to US$1.2 trillion in 2021 [ 4 ] and US$1.3 trillion in December 2024.
The SIPF was initially funded directly by the State Council, and later pivoted to financing from multiple sources: fees based on transactions taking place on the Shanghai Stock Exchange and Shenzhen Stock Exchange, fees paid by securities companies, interest earnings on escrow accounts of issuers of equities and bonds, and recoveries from the liquidation of failed securities companies.
China's response to the European probe has been a mixture of sticks and carrots. Beijing launched an anti-dumping investigation into European brandy imports , particularly from France, soon after ...