China is considering a broad package of stimulus measures as pressure builds on Xi Jinping’s government to boost the world’s second-largest economy, according to people familiar with the matter.
Monthly Archives For June 2023
Pimco doubts China property market recovery without more funding as confidence and full use of capital raising tools have been lacking
China’s stricken property sector needs broader policy support and more comprehensive funding access as developers are still grappling with the worst-ever debt crisis that has triggered a wave of defau
Middle East Is Latest Area Where Beijing Tests Washington’s Long Dominance
President Abbas is visiting the Chinese capital in what is described as a Palestinian attempt to revive a moribund, American-led peace process.
IMF, World Bank are key counterweights to China: Yellen
US Treasury Secretary Janet Yellen said Tuesday that international financial institutions like the IMF and World Bank “reflect American values” and serve as key counterweights to “unsustainable …
China considers stimulus proposals to boost economy: Chart of the Day
Yahoo Finance Live anchor Rachelle Akuffo examines the impact stimulus proposals could have on China’s economy, as illustrated in today’s Chart of the Day.
China’s CB lowers a short-term lending rate to support recovery
China’s central bank lowered a short-term lending rate for the first time in 10 months on Tuesday, to help restore market confidence and prop up a stalling post-pandemic recovery in the world’s second …
Nars’ rapid ascent: Brand tops Tmall 618 shopping festival rankings
Nars secures top position for beauty in this year’s 618 shopping event, but domestic brands gain ground with tailored products in China …
US lawmakers warn North Korean refugees face forcible repatriation from China
U.S. lawmakers warned on Tuesday that China could be preparing to forcibly repatriate refugees who fled North Korea and urged the United Nations to use its influence with Beijing to prevent this.
Huawei secures major contract for China Mobile’s 5G sites
Apart from Huawei, ZTE, Datang, Ericsson and Nokia Shanghai Bell also secured parts of China Mobile’s contract …
China Central Bank Cuts Standing Lending Facility Rates
By Xiao Xiao China’s central bank cut interest rates on a key monetary policy tool for the first time since August on Tuesday, shortly after it …
Shenzhen Municipal People’s Government: Int’l cultural industries fair opens in Shenzhen to promote exchanges and mutual learning among civilizations
SHENZHEN, China, June 13, 2023 /PRNewswire/ — The 19th China (Shenzhen) International Cultural Industries Fair kicked off in Shenzhen in south China’s Guangdong Province on Wednesday, which is expected to inject new impetus into the…
China slashes interest rates and mulls big stimulus package in bid to revive slowing economy
China has seen a disappointing economic rebound, with activity in key sectors plunging as demand fails to pick up.
Int’l cultural industries fair opens in Shenzhen to promote exchanges and mutual learning among civilizations
International Cultural Industries Fair kicked off in Shenzhen in south China’s Guangdong Province on Wednesday, which is expected to inject new impetus into the development of the country’s cultural industry.
