Several state-backed financial institutions in China have already placed annual salary caps on their senior executives, the Post has learned, as Beijing pushes forward with a campaign to narrow ...
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(Bloomberg) -- China’s aluminum industry, the world’s largest, is nearing an inflection point this year, as limits on capacity begin to curb production and entice firms to expand overseas.
China is imposing a 1 million yuan (approximately USD 137,309) annual income cap for employees at central government-owned financial institutions, according to a Reuters report citing sources.
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus. By Keith Bradsher Reporting from ...
The tariffs could slow China’s economic growth and lead the central bank to hold back on monetary policy easing, Goldman Sachs says.
US stocks plummeted on Monday as traders fled the tech sector and erased more than $1 trillion in market cap amid panic over ... a new AI app from a startup in China, roiled stock futures over ...
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect. By Keith Bradsher ...
(Bloomberg) -- China’s aluminum industry, the world’s largest, is nearing an inflection point this year, as limits on capacity begin to curb production and entice firms to expand overseas. The ...
MAXIM SHIPENKOV/Pool via REUTERS Russia and China are strengthening their cooperation on AI technology. Although China-Russia imports and exports have reached record levels, growth has slowed ...
In a news release on Friday morning, China's National Bureau of Statistics reported its economy grew 5% in 2024 from a year ago, meeting its official target. Analysts polled by Reuters had ...