With mounting debt levels and persistent structural challenges, the road ahead remains uncertain for the world’s second-largest economy.
Monthly Archives For April 2024
China’s credit rating outlook downgraded
The credit ratings agency Fitch downgraded its outlook on China’s credit rating Wednesday. The agency released a statement citing “increasing risks to China’s public finance outlook” as its reason for …
US and Ally Stand Their Ground Amid China Tensions
“The U.S. Navy regularly participates with allies and partners in high-end maritime exercises and operations, which have continued to grow in scale, scope, and complexity, to create combined …
China’s Xi says nobody can stop ‘family reunion’ with Taiwan
BEIJING (Reuters) -Chinese President Xi Jinping told former Taiwan President Ma Ying-jeou on Wednesday that outside inference could not stop the “family reunion” between the two sides of the Taiwan …
Biden hosts Japanese prime minister for a state visit that sends a message to China
President Joe Biden hosts Japanese Prime Minister Kishida Fumio for a state visit Wednesday, including a crucial Oval Office meeting, reinforcing his commitment to bolstering vital partnerships in the …
China stocks fall pressured by real estate; HK shares rise
SHANGHAI (Reuters) -China stocks fell on Wednesday, dragged by real estate shares, while Hong Kong shares rose, led by tech stocks. Ratings agency Fitch revised its outlook on China to negative, …
China says EU’s wind turbine subsidy probe ‘discriminatory’
China said it was concerned by what it called discriminatory measures by the European Union against its firms after the bloc said it would investigate subsidies received by Chinese suppliers of wind …
Beijing Responds to Fitch Rating’s Negative Outlook on China’s Economy
The Ministry of Finance in China has publicly challenged the recent assessment by Fitch Ratings, which maintained China’s A+ credit rating but shifted its forecast to negative. The ministry insists on …
Commercial property: Beijing retail rents jump by most since 2019 with premium office space remaining under pressure
Beijing’s commercial real estate market recovered partially in the first quarter of 2024 and is gearing up for further stabilisation this year as a strong rebound in consumption and policy support …
Top Crypto Gainers Today Apr 10 – Braintrust, SafePal, KuCoin Token, Theta Fuel
Learn about the success stories of today’s top crypto gainers: Braintrust, SafePal, KuCoin Token, and Theta Fuel. Discover their strategies and market outlook in this concise read.
China’s Xi meets former Taiwan President Ma in Beijing
Chinese President Xi Jinping met former Taiwan President Ma Ying-jeou in Beijing on Wednesday, state media reported, the second time the men have met and at a time of ongoing tensions between the two …
Chinese President Xi Meets Former Taiwan President Ma in Beijing
Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou (R) smile as they enter the room at the Shangri-la Hotel where they are to meet, in Singapore November 7, 2015. REUTERS/Joseph …
China says economy ‘stable,’ rejects Fitch Ratings downgrade of its fiscal outlook
China’s Finance Ministry has denounced a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative.