Tue, 21-Oct-2025

China will hike retail fuel prices

China’s top economic planner said on Thursday that retail gasoline and diesel prices will rise starting on Friday. According to the National Development and Reform Commission, the retail prices of gasoline and diesel would be hiked by 205 yuan (about 31.24 US dollars) and 200 yuan per tonne, respectively, due to recent fluctuations in world … Read more

China to keep prices stable in 2022 amid solid efforts

china

BEIJING: Looking into 2022, China has a solid foundation for stable prices, after they remained within an appropriate range throughout 2021, experts said. The moderate increase trend in China’s consumer price index (CPI), a main gauge of inflation, is expected to continue this year, said Liu Zhicheng with the Chinese Academy of Macroeconomic Research, a … Read more

China capable of maintaining sustainable economic growth: official

china

BEIJING: Facing an increasingly complicated external environment and more uncertainties, China is fully confident in and capable of maintaining sound, healthy and sustainable economic growth, said an official with the country’s top economic planner. China faces the triple pressures of demand contraction, supply shocks, and weakening expectations. But its economic resilience, massive potential, bright prospects, … Read more

China’s coal output rises during Spring Festival holiday

Spring Festival holiday

BEIJING – China’s coal output has increased during the seven-day Spring Festival holiday amid the country’s efforts to keep coal production and supply stable, the country’s top economic planner said Tuesday. During the holiday, the daily output, supply and transportation of coal all saw increases from the same lunar new year period of the previous … Read more

China to raise retail fuel prices

china

BEIJING: China will raise the retail prices of gasoline and diesel from Sunday, the country’s top economic planner said on Saturday. Based on recent changes in international oil prices, the retail prices of gasoline and diesel will be increased by 310 yuan (about $48.6) and 300 yuan per tonne, respectively, according to the National Development … Read more

China tightens rules on overseas listings in Didi fallout

China

BEIJING: Beijing has tightened the rules on overseas listings by Chinese firms in a series of new regulations that increase scrutiny of companies seeking to raise funds on foreign stock markets. China has stepped up scrutiny of major overseas listings after a controversial New York IPO by ride-hailing giant Didi Chuxing went ahead this year, despite … Read more

CBD Punjab forms partnership with Jazz

CBD Punjab

KARACHI: Jazz, Pakistan’s number one 4G operator and the largest internet and broadband service provider is being brought onboard by the Lahore Central Business District Development Authority (LCBDDA) to build a smart city ecosystem, a statement said. For this purpose, a memorandum of understanding (MoU) was signed between Jazz chief business officer Syed Ali Naseer … Read more