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Tag: balance

NEVs give the lie to \’overcapacity\’

wangxiao04/29/20240

The SU7, produced by Chinese tech company Xiaomi Corp, is displayed at the Mobile World Congress 2024 in Barcelona, Spain. [Photo/Xinhua]
The last time Tan Siyuan, 24, a freelance business manager who

US deficit presents ‘significant risks’ to global economy: IMF

wangxiao04/29/20240

The IMF said in a recent report that the soaring US deficit rate could pose “significant risks” to the global economy, as it is creating more inflationary pressure.
Experts said that the US has to mai

Commentary: Is there overcapacity in China\’s EV sector?

wangxiao04/15/20240

People visit the BYD booth at the 2023 International Motor Show, officially known as the IAA MOBILITY 2023, in Munich, Germany, Sept. 8, 2023. (Xinhua/Zhang Fan)
BEIJING, April 10 (Xinhua) — The alle

China cuts holdings of US Treasury debt in January, ending 2-month rise

wangxiao04/14/20240

A teller counts U.S. dollar bills at a bank in Qionghai, south China\’s Hainan Province. Photo: Xinhua
China\’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increas

China cuts holdings of US Treasury debt in January, ending 2-month rise

wangxiao04/12/20240

A teller counts U.S. dollar bills at a bank in Qionghai, south China\’s Hainan Province. Photo: Xinhua
China\’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increas

China cuts holdings of US Treasury debt in January, ending 2-month rise

wangxiao04/11/20240

A teller counts U.S. dollar bills at a bank in Qionghai, south China\’s Hainan Province. Photo: Xinhua
China\’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increas

China cuts holdings of US Treasury debt in January, ending 2-month rise

wangxiao04/08/20240

A teller counts U.S. dollar bills at a bank in Qionghai, south China\’s Hainan Province. Photo: Xinhua
China\’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increas

Commentary: Washington\’s deadliest WMD

wangxiao03/25/20240

BAGHDAD, March 23 (Xinhua) — Twenty-one years have elapsed since the U.S. army invaded Iraq under the pretext of rooting out weapons of mass destruction (WMD) and \”spreading democracy.\”
However, the

There is ample room for China\’s monetary policy: central bank governor

wangxiao03/06/20240

BEIJING, March 6 (Xinhua) — China has a rich toolbox of monetary policy and there is still ample policy headroom, Pan Gongsheng, governor of the People\’s Bank of China, said Wednesday.
\”We will pay m

China\’s rural policy bank issues loans totaling 2.78 tln yuan in 2023

wangxiao02/14/20240

BEIJING, Feb. 12 (Xinhua) — The Agricultural Development Bank of China, the country\’s rural policy bank, has said that it issued loans totaling approximately 2.78 trillion yuan (about 391.35 billion

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