India and China have reached an agreement on military disengagement along their disputed border, New Delhi said, a step toward reducing frictions between the nuclear-armed neighbors that comes as both …
Monthly Archives For October 2024
Column: China iron ore imports head for record even as steel output slips
A more sober reflection of when China’s stimulus is likely to actually result in increased steel demand may have led to iron ore prices moderating, but it’s worth noting they have still held onto most…
Behind Xi Jinping’s u-turn on China’s fiscal stimulus strategy
China’s leadership stunned markets by pulling a 180 on its approach to economic stimulus. Xi Jinping, who for years stood firm against massive fiscal injections into the economy, now leads one of the …
China Raises Crude Import Quota for Private Refiners
China has increased crude oil import quotas for private refiners by 6% for 2025, raising the total to 5.14 million barrels per day.
IMF chief economist says lack of domestic demand fuels China’s export growth
China’s industrial policy may be tipping the scales in some specific industries, but it is not the root cause of the country’s growing exports and external surpluses, IMF chief economist …
IMF lifts US growth forecast but marks down China; sees lackluster global economy
The International Monetary Fund on Tuesday raised its 2024 economic growth forecasts for the U.S., Brazil and Britain but cut them for China, Japan and the euro zone, adding that risks abound from …
Who does China’s president want to win the U.S. election?
With both parties viewing Beijing primarily as a strategic competitor, Chinese officials expect bumpy times ahead no matter who is in the White House.
PTCL & China Mobile International Partner at GITEX Global 2024 to Enhance National and International Connectivity
Pakistan’s largest telecommunication and integrated ICT services provider, Pakistan Telecommunication Company Limited (PTCL) and global telecom and ICT …
India-China Ties May See Thaw Four Years After Border Skirmish Froze Relations
The nuclear-armed neighbors have reached a breakthrough in discussions over their disputed Himalayan border, four years after a clash that saw security forces engage in hand-to-hand combat.
HSBC splits bank amid growing tensions between China and the West
HSBC has unveiled a sweeping overhaul of its bank separating its UK division from its Asia business amid growing geopolitical tensions between China and the West. The lender on Tuesday announced that …
China’s central bank moves to jolt stock market with 50-billion-yuan swap operation
Swap facility lets brokers, asset managers and insurance companies exchange assets with poorer liquidity, enabling them to get liquid assets for stock purchases.
China’s central bank moves to jolt stock market with 50-billion-yuan swap operation
Swap facility lets brokers, asset managers and insurance companies exchange assets with poorer liquidity, enabling them to get liquid assets for stock purchases.
China’s central bank conducts first Swap Facility transaction
The People’s Bank of China, the country’s central bank, has launched the first operation of a new swap facility aimed at boosting stock market liquidity, with the first stock buying transaction …
