China News
China’s central bank keeps ‘cautious’ in bond trade despite Xi Jinping’s mandate
Even after President Xi Jinping has asked for China’s central bank to trade government bonds, the outcome is likely to remain limited as the bank does not want to trigger negative outcomes for inflation and exchange rates.
Indonesia’s president-elect Prabowo Subianto to visit China
The former general, who will take office in October after his sweeping victory was confirmed last week, has been invited by President Xi Jinping.
ByteDance raises annual bonus for high-performing employees amid restructuring and latest TikTok crisis in US
The increased bonus programme shows the lengths taken by TikTok owner ByteDance to retain and attract talent, even as the company continues to restructure its operations this year.
China’s excess clean energy production is ‘likely only temporary’, former central bank chief says
Overcapacity will be absorbed as long as global demand for green transition stays strong, says former People’s Bank of China governor Zhou Xiaochuan
Chinese military’s security chief Wang Renhua elevated to top rank of general
Promotion could give Wang Renhua and the CMC Political and Legal Affairs Commission, which he heads, more power, observer says.
China reports more trips by foreign travellers in first 2 months of 2024 as visa-free policies take effect
Foreigners make 2.95 million trips to and from China in January and February, more than double the amount in the previous two-month period, with increase in visitors from France, Germany, Singapore and other countries covered by new visa rules.
We need to prepare for a shrinking world population – but will we?
By 2050, it’s projected only a quarter of countries will have above-replacement birth rates; by 2100 there will be just six. This will reconfigure the world economy and require societies to be reorganised.