Deflation risks see most Chinese provinces shy away from ‘legacy’ 3% CPI target
[South China Morning Post] - 01/21/2025
China is facing a rocky road to reflation after its actual CPI growth stayed far below annual control targets, and regional governments appear less hopeful that consumer demand will markedly rise this year.
In Chinese newspapers
Alibaba Cloud rolls out expanded suite of AI models, development tools in overseas push
The company’s latest move aligns with its broader strategy to ramp up overseas investments in key markets around the (…)
[South China Morning Post] - 21/01/2025
Malaysia makes a Trump pivot, seeing risks to its China investments
The managing director of Malaysia’s sovereign wealth fund says it could face challenges in China – but remains (…)
[South China Morning Post] - 22/01/2025
Israel starts ‘significant’ military operation in West Bank, days after Gaza ceasefire
Israel’s Netanyahu said the West Bank campaign is aimed at Iran-backed militias in the territory.
[South China Morning Post] - 22/01/2025
EU tariffs failing to stop flood of Chinese electric vehicles, new trade data suggests
China’s exports of electric vehicles to the European Union rose again in December, prompting fears of an escalating (…)
[South China Morning Post] - 22/01/2025
How Hong Kong can cut wasteful spending and boost revenue
Reducing energy consumption and reclaiming plastic bag levy revenues are just some options available instead of (…)
[South China Morning Post] - 22/01/2025
Malaysians call out ‘blatant profiteering’ as Lunar New Year service charge rises at eateries
Angry diners question whether the extra levy truly benefits workers or boosts profits of restaurant owners.
[South China Morning Post] - 22/01/2025
‘Gradual’ US tariffs on China may foreground Trump-Xi summit: Citi
As Trump’s promised day-one tariffs on China failed to appear, a Citi economist has posited import duties may come (…)
[South China Morning Post] - 21/01/2025
Sri Lanka’s ex-leaders told to vacate luxury government homes amid austerity drive
The luxury bungalows are being converted into hotels or museums, with the Rajapaksas receiving a modest rent (…)
[South China Morning Post] - 21/01/2025
Donald Trump says he’s open to Elon Musk buying TikTok ‘if he wanted to’
Billionaire given green light by US president, whose executive order extended company’s deadline to find a (…)
[South China Morning Post] - 22/01/2025
Hong Kong police arrest 5 for allegedly stealing HK$2.2 million of fish maws
Police say trucks loaded with stolen goods travelled to various locations in an attempt to disrupt surveillance.
[South China Morning Post] - 22/01/2025
Hong Kong’s banks gird for leaner times ahead as 9-month profit growth slows
Net interest margin narrowed to 1.5 per cent last year from 1.67 per cent in 2023, according to HKMA data.
[South China Morning Post] - 22/01/2025