China’s Politburo promises ‘active’ moves to bolster domestic demand in 2025

China’s Politburo promises ‘active’ moves to bolster domestic demand in 2025

China will adopt a “more active” set of policies to expand domestic demand in 2025 with “moderately loose” monetary tools – language not used by high-level authorities since the global financial crisis in 2009 – officials said following a meeting on Monday. A summary statement issued after a gathering of the country’s Politburo – a … Read more

Tata Motors sees a relatively weak H1, set to shed net automotive debt though in FY25

Tata Motors sees a relatively weak H1, set to shed net automotive debt though in FY25

Having reported record high revenue, profits and free cash flows, Tata Motors now expects to become net automotive debt free on a consolidated basis in FY25, it said in a stock exchange filing. The company is ‘cautiously optimistic’ on domestic demand over the full year, but expects the first half of the financial year to … Read more

Why is a unified national market now so vital for Beijing’s policymakers?

Why is a unified national market now so vital for Beijing’s policymakers?

“It means I can only open one restaurant in Shenzhen and where can I find seven other people I trust to apply [for permits] on my behalf?” Liang said. She is now considering accepting her losses and pulling out of the venture as the outlook becomes unpalatable. Such yawning discrepancies in approval and market supervision … Read more