China Data

Chinese Banks Fuel AI Ambitions: Lending Surges Amid National Tech Push

Chinese banks are increasing lending to the tech sector as Beijing pushes for widespread AI adoption, aiming to boost job creation and economic growth.

Everest Medicines Secures Rights to CARDAMYST™ Nasal Spray for Greater China in Up to $50 Million Deal

Everest Medicines acquires rights to CARDAMYST™ (etripamil) nasal spray for Greater China in a deal valued up to $50 million, aiming to enhance its cardiovascular offerings.

ICE Agents Deployed to Airports Amid DHS Shutdown, Sparking Controversy

ICE agents deployed to airports amid DHS shutdown to ease TSA lines, sparking controversy and criticism over training and security implications.

Strait of Hormuz Crisis: Trump Issues Ultimatum to Iran Amid Escalating Tensions

US President Donald Trump issues a 48-hour ultimatum to Iran over the Strait of Hormuz, threatening military action. Iran vows retaliation, leading to fears of a wider conflict and a worsening global energy crisis.

Leonardo Strengthens Naval Capabilities with Full Acquisition of GEM Elettronica

Leonardo completes the acquisition of GEM Elettronica, boosting its naval systems and radar technology capabilities. Learn more about the strategic implications.

China Strengthens Financial Cooperation between Mainland and Hong Kong/Macao with New Guidelines

China is making significant strides towards strengthening economic and business ties across the Guangdong-Hong Kong-Macao Greater Bay Area, with a particular focus on Qianhai...

Reforms in China’s Healthcare Insurance Aim to Promote Efficient Use of Public Medical Funds, Experts Say

Chinese local governments have recently implemented healthcare insurance reforms that aim to promote efficient use of public medical funds and increase benefits for those...

RCEP helps more ASEAN agricultural products enter Chinese market

The implementation of the Regional Comprehensive Economic Partnership (RCEP) has brought about changes in the import of fruits and agricultural products from Southeast Asian...

Chinese Housing Market Resilient with Month-on-Month Increase in Home Prices in January

The Chinese housing market showed signs of stability in January, with a greater number of cities experiencing slight month-on-month increases in home prices, according...

China’s Spring Festival Travel Rush Sees Over 1.5 Billion Trips, Boosts Tourism and Consumption Revival

The Spring Festival travel rush, which marks the celebration of the Chinese New Year, officially ended on Wednesday. The travel season, also known as...

Fitch Revises Up Projection of China’s 2023 Economic Expansion to 5%, Up from 4.1%

The reason for the revision, according to Fitch, is the "evidence of a faster-than-expected recovery in consumption and activity" following the lifting of many of China's strict Covid restrictions. This shift away from the country's "Covid-zero" policy has opened the door for increased economic activity.

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