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A shares off to early gallop on new tech

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While the A-share market performed strongly on the first trading day of the Year of the Horse, it is likely to gallop forward even further in the following months, mainly driven by a more amiable domestic macro environment and the development of emerging technologies, experts said. After the extended Spring Festival break, the benchmark Shanghai…

Festival spells biz bonanza for banks

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A view of a duty-free shop in Haikou, Hainan province, during the Spring Festival. SU BIKUN/FOR CHINA DAILY As millions of Chinese pack into reunion banquets and splurge on holiday payments, the Spring Festival spending boom has become a high-stakes battleground for banks. In the race to dominate these lifestyle scenarios, commercial lenders are sharpening…

Export curbs issued against Japanese entities with military connections

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China has accelerated enforcement of export control measures against Japanese entities with military ties, which officials and experts said sends a clear signal urging Japan to withdraw provocative remarks on Taiwan while curbing Japan’s remilitarization and its attempt to possess nuclear weapons. If the Japanese administration continues down this wrong path, it will further endanger…

China, ROK reach agreement in anti-dumping case

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China and the Republic of Korea, or ROK, reached an agreement on a price undertaking in the final stage of the hot-rolled coil anti-dumping case on Monday, according to the Ministry of Commerce’s website. Both sides agreed that replacing anti-dumping duties with a price undertaking aligns with the industrial interests of them both and enhances…

China calls on US to revoke tariffs, refrain from imposing new ones

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China has called on the United States to revoke its unilateral tariff measures and refrain from imposing new ones, adding that it is willing to engage in candid consultations with the US during the upcoming sixth trade talks, the Ministry of Commerce said on Tuesday. The announcement comes as China assess the implications of a…

China adds 20 Japanese entities to export control watch list to curb ‘re-militarization’

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China has placed 20 Japanese entities involved in enhancing Japan’s military capabilities on an export control watch list, a step aimed at curbing Tokyo’s “re-militarization” and any potential ambitions of creating nuclear weapons, the Ministry of Commerce announced Tuesday. The designated entities include major industrial players such as Subaru Corporation, Sumitomo Heavy Industries, and TDK…

Economist: GDP target likely ‘around 5%’

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China is likely to set an economic growth target of around 5 percent for 2026, a goal that requires more forceful measures to overcome the persistent constraint of insufficient domestic demand, a senior economist told China Daily. “A sustained period of modest price levels for both goods and capital is exerting a drag on China’s…

Dividend surge pointing to healthier market

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Record dividend payouts ahead of the Spring Festival are signaling a structural shift in China’s equity market, with listed companies placing greater emphasis on shareholder returns — a development analysts say will help accelerate foreign inflows in 2026 and beyond. Data from market tracker Wind Info show that 290 A-share listed companies — calculated based…

Stock market ‘safe haven’ for investors

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China’s growth potential, which is unparalleled worldwide and which is mainly propelled by improved tech competency, is the major reason why APS Asset Management has decided to go “all in on China”, the company’s top executive said. Wong Kok Hoi, founder and executive chairman, made the remarks on Feb 10, when the Singaporean asset manager…

China adds 20 Japanese entities to export control list

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BEIJING – China’s Ministry of Commerce on Tuesday added 20 Japanese entities, including Mitsubishi Heavy Industries Shipbuilding Co, to its export control list to safeguard national security and interests and fulfill international obligations such as non-proliferation. Export operators are prohibited from exporting dual-use items to the entities, which are involved in enhancing Japan’s military capabilities. Overseas…