by weblychee | Nov 20, 2023 | Business, China, Glopen, In-depth, Newsletter
1. According to the M2 performance, Chinese government will persist with its supportive monetary policy and a low interest rate On November 13, the People’s Bank of China (PBOC) released statistics indicating that as of the end of October, M2 stood at CNY 288.23...
by weblychee | Nov 13, 2023 | Business, China, Glopen, In-depth, Newsletter, Trade
1. Shenzhen State-owned Assets Supervision and Administration Commission (SASAC): we will assist Vanke in responding positively On November 6, Vanke, in conjunction with both domestic and international financial institutions, held a briefing regarding their...
by weblychee | Nov 6, 2023 | Business, China, Glopen, In-depth, Newsletter, Trade
1.The 6th China International Import Expo will be held in Shanghai from November 5th to 10th The 6th CIIE will be held in the National Convention & Exhibition Centre (Shanghai) from November 5 to 10, 2023. The 6th CIIE, according to Liu Fuxue, a deputy...
by weblychee | Oct 30, 2023 | Automotive, Business, China, Explore, Glopen, In-depth, Trade
1.From January to September, profits of industrial companies above 20mn revenue fell by 9.0% During the first 3 quarters, large-scale industrial companies (above CNY 20mn revenue) achieved business revenue of CNY 96.35 trillion (approximately $13.17 trillion), same as...
by weblychee | Oct 23, 2023 | Business, China, Glopen, Newsletter, Services, Trade
1.China releases preliminary GDP results for Q3 2023: 4.9% increase Based on the foundational data and the methods of calculating Gross Domestic Product (GDP), preliminary calculations indicate that China’s GDP for the 3rd quarter of 2023 stands at 31.9992 trillion...
by weblychee | Oct 9, 2023 | Automotive, Business, China, Glopen, Newsletter, Trade, Travel
1.US Approves equipment exports to S. Korean chip factories in China The Biden administration has granted Samsung Electronics and SK Hynix permission to acquire the necessary equipment to maintain and grow their chip-making operations in China. This move provides...
