Investors are hoping China’s property crisis is finally dire enough for Beijing to step in with a relief package But policymakers have other priorities, like curbing speculation and containing …
Monthly Archives For August 2022
China banks may face US$350 billion in losses from property crisis
China’s banks face mortgage losses of US$350 billion in a worst-case scenario as confidence plunges in the nation’s property market.
China’s Securities Regulator Head Says Stabilising Market Is Top Priority
China’s securities regulator chief said they will make stable capital market operations a top priority amid deepening worries about the economic outlook and fluctuations in stocks. The world’s …
China’s foreign trade to see double-digit growth in H2
China’s foreign trade will likely record double-digit growth in the second half of the year, thanks to the nation’s strong economic resilience and faster recovery pace, according to a former …
China has officially abandoned its annual growth target of 5.5%, says economist
Dan Wang of Hang Seng Bank discusses her key takeaways from China’s recent Politburo meeting, and says the country’s economy can grow by a bit more than 4% at most unless there is some “really…
China raises hope for emerging market debt
China’s commitment to restructure the $6 billion it is owed by Zambia is a good sign for Sri Lanka and others that have borrowed heavily from Beijing. In April, the People’s Republic joined the …
How China’s Gen Z Threatens Luxury As We Know It
There are two critical dimensions brands need to focus on to be successful with Gen Z: mindset and aesthetics. Labels must have both to stay relevant.
Week In Review: China Biopharma Tops $2.8 Billion In Week’s Dealmaking
CSPC Pharma outlicensed global rights for an ADC targeting Claudin18.2 to Elevation Oncology. Kelun-Biotech outlicensed global rights to an ADC candidate to MSD in a deal worth up to $936mln …
Beijing fears social unrest from property crisis
Plus, China is trying to come up with a $148bn bailout fund to help complete stalled property developments amid concerns about social unrest. China’s central bank seeks to mobilise $148bn bailout for …
Flag-raising ceremony held in Beijing on China’s Army Day
A flag-raising ceremony was held in Tiananmen Square in Beijing on Monday to mark the 95th anniversary of the founding of the Chinese People’s Liberation Army.
China on the Offensive
Although China would prefer the war to end with a clear Russian victory, a second-best option would be to see the United States and Europe exhaust their supplies of military equipment in support of …
China’s July factory activity grew at slower pace, private survey finds
The findings were slightly better than the government’s official PMI on Sunday that showed China’s factory activity unexpectedly contracting in July.
China’s Huge Trade Surplus Counteracts Outflow Pressure from Fed
China’s massive trade surplus helped to offset capital outflows in the first half of the year, anchoring its balance of payments even as the Federal Reserve’s aggressive interest rate hikes fuel …
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