Liu Kun, China’s minister of finance, made the remarks on Thursday as he attended and co-chaired the 25th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting, which was held via video link.
Monthly Archives For May 2022
Economic Watch: With more opening-up measures in pipeline, China set to remain appealing to overseas investors
Despite multiple unexpected factors rattling global financial market, China has renewed its commitments to further opening its capital market, with pragmatic measures in the pipeline to lure more …
CKGSB Investor Sentiment Remain Pessimistic on China’s Capital Markets
Investors remain pessimistic on China’s A-shares stocks and real estate as investment in precious metals such as gold increases by 10.2%, according to the new quarterly Investor Sentiment survey from …
China Pledges ‘Full Support’ to North Korea Amid First COVID Outbreak
North Korean leader Kim Jong Un was seen wearing a face mask in public for the first time on Thursday as North Korea acknowledged its first coronavirus cases of the pandemic. China said it was…
China: Separating Myth From Reality
Myth #1: China Is an Export-Led Economy Perhaps the greatest myth about China’s rapid modernization and economic development is that its growth has been “export-led.” That is a stretch …
Why Would Anyone Invest In China Right Now?
Shanghai’s Covid circus continues. On top of that, a real estate market in crisis, and a deglobalization trend. Ouch.
China denies Beijing to lock down over Covid-19 as residents rush to buy food
The yuan weakened offshore late Thursday as rumours of the lockdown took hold. . Read more at straitstimes.com.
Beijing residents swamp supermarkets after lockdown rumours
Beijing residents rushed to supermarkets on Thursday as Chinese officials tried to curb mounting panic over a rumour the capital would be placed under stay-at-home orders.
Beijing Residents Swarm Supermarkets Amid Lockdown Rumours
Beijing residents rushed to supermarkets on Thursday as Chinese officials tried to curb mounting panic over a rumour the capital would be placed under stay-at-home orders. The city has been trying to …
Beijing Denies Lockdown Rumours As Shanghai Hunts Elusive COVID
Beijing denied it was heading for lockdown as panic buying gripped the capital on Thursday, while Shanghai combed the city for lingering COVID-19 cases in the hope of clearing the way to escape from …
China won’t have a ‘normal’ economy without tackling Covid first, senior Chinese official says
Getting the pandemic under control is a prerequisite for a “normal” functioning economy, a senior Chinese official said Thursday. The official’s comments reflect Beijing’s emphasis on its zero-Covid …
Sunac’s ‘landmark’ default deepens property crisis
One of China’s largest developers seeks to restructure offshore debt as market hunkers down for more bad news from the sector The list of Chinese property developers defaulting on their dollar bonds …
Coach owner Tapestry cuts profit forecast as China lockdowns bite
Tapestry lowered its full-year profit forecast on Thursday as fresh lockdowns in major market China hurt sales of its luxury handbags and apparel, sending its shares down 4% in premarket trading. The …
