by AIP Online Bureau | Nov 14, 2023 | Data, Technology
“What’s notable about October’s figures is that EV demand in China continues to reach record highs even though the subsidies were cut … 2023 is set to be another banner year for China in terms of EV sales,” the market research firm said....
by AIP Online Bureau | Nov 11, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Technology
ICBC was trying to minimize the risk impact and losses after the attack, which several experts blamed on hacking group Lockbit The Industrial and Commercial Bank of China’s access to an electronic settlement platform for U.S. Treasury securities remained...
by AIP Online Bureau | Nov 8, 2023 | Eco/Invest/Demography, International News, Life, Regulation
China’s State Council, which is headed by Premier Li Qiang, has instructed the local government of Guangdong province, where both companies are based, to help arrange a rescue of Country Garden by Ping An, said two of the sources who have direct knowledge of the...
by AIP Online Bureau | Nov 6, 2023 | Eco/Invest/Demography, International News, Policy
Fitch made upward revisions to Brazil, India, Mexico, Indonesia, Poland and Turkey relative to its previous estimates. Fitch attributed the higher growth forecast for India to a swift recovery in labour force participation rates, following significant declines in 2020...
by AIP Online Bureau | Nov 4, 2023 | Data, Eco/Invest/Demography, Pension & Social Security
The basic pension fund manages a total 1.62 trillion yuan by the end of 2022, and has posed an annual average gain of 5.4% since the end of 2016, when the national social security fund started to manage the pension’s investment The basic pension fund managed by...
