Sentiment in China’s stock markets have been massively bolstered by Beijing’s late-September 24 announcement of aggressive economic stimulus.
Monthly Archives For October 2024
China is ‘fully confident’ of achieving 2024 economic goals, NDRC chair says
China is “fully confident” of achieving its full-year economic and social development targets, the chairman of the country’s economic planner Zheng Shanjie said on Tuesday, adding some of 2025’s budget will be issued this year…
So, Are You Pregnant Yet? China’s In-Your-Face Push for More Babies.
The government is again trying to insert itself into women’s childbearing decisions, knocking on doors and making calls with questions some find downright invasive.
China Vows to Hit Economic Goals, Stops Short of Large Stimulus
China said it’s confident in reaching its economic targets this year and promised further support for growth, although it held back in unleashing more stimulus in a disappointment to investors looking for more fuel for…
Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulus
Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their initial gains as officials in Beijing outlined details of …
China state planner lays out further actions to boost economy but no new plans for major stimulus
Zheng Shanjie, chairman of China’s National Development and Reform Commission, pledged a raft of actions to bolster the country’s economy during a highly-anticipated press conference. But he stopped …
Ares Is Said to Agree on Acquisition of GCP’s Ex-China Business
Ares Management Corp. has agreed to acquire GLP Capital Partners Ltd.’s operations outside of China, people familiar with the matter said, in what could rank as one of the biggest recent combinations in the alternative…
4 reasons why China’s blistering stock rally has another 20% to run, Goldman says
China’s stock rally could extend another 15% to 20%, Goldman Sachs says. The country’s equity indexes have jumped dramatically since Beijing announced major stimulus policies. Goldman highlighted out still-low valuations and diminishing risk as tailwinds…
China stocks rocket more than 10% at open after week-long break
Gains come ahead of a news conference by China’s top economic planner later in the morning. Read more at straitstimes.com.
China’s Policy Reversal Sparks ‘Mind Boggling’ Stock Rally
The government has fired up investors by encouraging banks to lend more to buyers of stock and real estate, but economists say more stimulus is needed.
China’s Pacific ally Kiribati criticises Beijing missile launch
SYDNEY, Oct 8 (Reuters) – The Pacific Island nation of Kiribati has issued rare criticism of China over last month’s launch of an intercontinental ballistic missile, saying the Pacific is not …
Australia detects the first case of the highly transmissible COVID-19 strain dubbed XEC
Australia has recorded its first cases of the XEC COVID-19 variant that has been spreading in Europe this year. Here’s what you need to know about XEC — the highly transmissible strain that has been…
Does China now have a permanent military base in Cambodia?
The Cambodian government has repeatedly denied such a possibility, citing its constitution which bans any permanent foreign military presence, and stating that Ream is open to use …
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