Hindi news to keep to aware
FX Empire – China unemployment rateYoung unemployment painted a sad picture, Ascension 16.9% in February, 16.1% in January. AI important for long -term development prospects Meanwhile, improvement in professional sentiment can help in employment generation and consumer trust can be revived, potentially driving consumption. Alibaba Group (09988.HK) President Joe Tsai raised hopes of falling unemployment…
Global part of passenger car productionMajor players in China’s EV space continue innovation and development: Byd company limited (01211.hk), Announced A success unveiled a 5-minute superfast charging technology and its God-i-Adeas Edas Self-Driving System. The stocks are 56.41% year-on-year-year (YTD). NIO Inc. (09866.hk): Record monthly delivery reported in December, with 2024 delivery 39% year-on-year (YOY)….
Increasing minimum wages. To expand work-maintain programs. Facing wages outstanding wages in SME space. Sunday’s vows followed the commitment of the People’s Bank of China (PBOC) earlier this month, which was for financial support amidst American-China trade tension. Major vows include: Cut into interest rates and reserved requirement ratio (RRR) if required. Introduction to new…
Beyond pricing and monetary policy, Beijing also focuses on reducing its dependence on foreign technology. Beijing pushes for technical freedom Garcia Herroo’s comments on technical freedom were particularly on time. On March 12, news came to light that China unveiled a new silicon-free chip, 40% faster than Intel’s chips and consumes 10% less energy. Vikas…
However, improving household incomes and labor market conditions remains critical for sustaining consumer confidence. China’s consumer confidence index rose slightly from 86.2 in November to 86.4 in December, hovering just above the November 2022 record low of 85.5. Recent government pledges could support a shift in sentiment and spending appetite. On February 10, Beijing announced…