China’s central bank is set to leave a key policy rate unchanged when rolling over maturing medium-term loans on Monday, a Reuters survey showed, while a vast majority of respondents also expect some …
Monthly Archives For April 2024
Is China’s Economy Finally Sprouting Green Shoots?
Hello, this is Allen Wan in Shanghai. I recently arrived back in China’s financial hub after a quick trip over the Qingming holiday to my hometown of New York to pay my respects to deceased…
China remains crucial for U.S. chipmakers amid rising tensions between the world’s top two economies
Data from S&P Global shows that many U.S. chip giants generate a larger share of revenue from China compared with the U.S. despite increasing trade barriers.
Uncertainty over China’s debt outlook leads to ratings agency downgrade
China has has its credit rating downgraded after a major ratings agency warned it faces possible uncertainty as it attempts to move away from a reliance on property. US-based Fitch says the sovereign …
China’s policy to boost demand by $700 billion will have a ‘bigger and bigger’ impact, official says
director of the finance ministry’s economic construction department, outlined plans for subsidizing agricultural machinery upgrades and providing tax benefits for water conservation. Fu noted the …
China has strong fundamentals and should remain a focus for businesses, Singapore trade minister says
China is facing economic headwinds in the near term, but Singapore trade and industry minister Gan Kim Yong believes in its long term prospects.
China’s top legislator Zhao meets senior North Korean politician to strengthen bilateral ties
China’s top legislator, Zhao Leji, has met with Choe Ryong-hae, a senior North Korean official, to discuss ways to further develop bilateral ties, Pyongyang’s state media said Friday.
JPMorgan Private Bank Taps Goldman’s Kui as Head of China Market
JPMorgan Chase & Co. named Florence Kui as head of China market for its private bank, amid broader changes to its overall leadership overseeing operations in the world’s second largest economy.
Former China Everbright Group Chairman Charged With Taking Bribes, State Media Reports
BEIJING (Reuters) – Former China Everbright Group Chairman Tang Shuangning has been charged with taking bribes and corruption, Chinese state media reported on Friday.
China Market Probably Through Worst of Low Valuations: BNP Paribas
Prashant Bhayani, chief investment officer for Asia at BNP Paribas Wealth Management, says China’s financial markets are “probably through the worst” of low valuations as manufacturing, exports and …
China state planner finalises rule to set up coal production reserve system
China’s state planner on Friday finalised a rule to set up a domestic coal production reserve system by 2027, aimed at stabilising prices and coal supply.
China sanctions 2 US defense companies and says they support arms sales to Taiwan
China has announced rare sanctions against two U.S. defense companies over what it calls their support for arms sales to Taiwan …
A Billion Cameras, Two Billion Eyes: How China’s Mass Surveillance Fuses Tech And Citizen Buy-In
Twenty-five years in the making, China has developed a mass surveillance state, from Beijing alleyways to rural villages. And citizens don’t object because they’ve been co-opted into it.
