China is starting to see a rebound in M&As as government stimulus measures start to bear fruit and pressure from Donald Trump's tariffs drive consolidation.
The country announced support measures for households and businesses, including vouchers and tax breaks, in its first budget under Prime Minister Lawrence Wong.
The country announced support measures for households and businesses, including vouchers and tax breaks, in its first budget under Prime Minister Lawrence Wong.
The central bank had held its policy rate steady at 4.35% since November 2023, following an extended period of 13 rate hikes to tame inflation at home.
Chinese President Xi Jinping on Monday urged entrepreneurs to "show their talents" in a "new era" for the nation's businesses, state news outlet Xinhua reported.