China is expected to leave benchmark lending rates unchanged on Monday, while more market participants project further monetary easing to aid the economy following weaker-than-expected second-quarter …
Monthly Archives For July 2024
In the face of trade tensions, China says it will focus on its own economy
Top Chinese officials on Friday emphasized the country would focus on its own affairs in the face of rising trade tensions.
China’s consumers aren’t buying stuff, but it’s not because they’re broke
China’s household deposits reached a record high of around 147 trillion yuan, or $20.2 trillion, at the end of June.
Trump calls COVID-19 the “China virus”
In a brief mention during his acceptance speech at the Republican National Convention, former President Donald Trump revived the term “China virus” to refer to COVID-19. Trump referenced the USMCA, …
Lift maker Schindler’s orders slip in Q2, weighed by China
Swiss lift and escalator maker Schindler reported a slight decline in second-quarter order intake on Friday, as China’s construction market slowdown weighs on new installations.
China to hasten work on redrawing model for real estate industry
China’s economic recovery is not strong enough and the government needs to implement macro policies more effectively, said the senior Communist Party official for financial and economic affairs on …
China to hasten work on redrawing model for real estate industry
China’s economic recovery is not strong enough and the government needs to implement macro policies more effectively, said the senior Communist Party official for financial and economic affairs on …
China vows to boost economic growth by balancing reform, national security
China’s ruling Communist Party concluded a highly anticipated party conclave Thursday, promising to boost economic growth through comprehensive reform while reiterating the importance of maintaining …
China vows to boost economic growth by balancing reform, national security
China’s ruling Communist Party concluded a highly anticipated party conclave Thursday, promising to boost economic growth through comprehensive reform while reiterating the importance of maintaining …
China developer Sino-Ocean announces $7.8 billion offshore debt revamp plan
Its problems are part of the debt crisis that has beset China’s beleaguered property sector. Read more at straitstimes.com.
China’s commodity import trend driven by prices, not economy
Indonesian coal with an energy content of 4,200 kilocalories per kilogram , a grade popular with Chinese utilities, ended at $52.70 a ton in the week to July 12, down 9.2% so far this year,…
Beijing vows to ease local government debt woes after key meeting
Chinese officials pledged Friday to help ease debt pressure on local governments through reforms to the tax system, after a key political gathering in the capital focused on jumpstarting the faltering …
China’s exports surge, pushing trade surplus to $99bn amid tariff threats
China’s exports hit a record $99bn trade surplus in June despite tariff threats from Donald Trump. High-value technologies drive growth as US and EU impose tariffs on Chinese goods.
