Hello, I’m Yujing Liu with the economy and government team based in Beijing, and along with colleagues will bring you all the news and analysis on how markets participants react to China’s finance ministry briefing…
Monthly Archives For October 2024
Goldman Sachs raises China growth outlook on optimism over Beijing’s fresh push to revive struggling economy
That’s just shy of Beijing’s goal of 5% economic growth … They said their upgrade was largely based on promises of greater public spending from the Ministry of Finance at a highly-anticipated press …
TD Bank: Part 1-Money Laundering and the China Syndrome
Last week, representatives of the US government announced one of the largest sets of fines and penalties for failures in anti-money laundering …
Tim Walz’s continuing contact with China is ‘very disturbing’: Gordon Chang
Gatestone Institute senior fellow Gordon Chang reacts to Democratic vice presidential nominee Gov. Tim Walz’s alleged ties to China on ‘Mornings with Maria.’
They’re cute, cuddly and coming to America: China’s newest panda diplomats headed for Washington
Two giant pandas are on their way from China to Washington’s National Zoo, traveling on a specially charted plane and kicking off a much-awaited return of the beloved bears to the American capital.
China Targets European Firms in Anti-Subsidy Probe into EU Dairy
China on Monday singled out Dutch firm FrieslandCampina as well as French and Italian companies in an anti-subsidy probe into dairy imports from the European Union, after lawmakers from these countries voted for tariffs on…
Chinese LGFV Bonds Rally After Beijing’s Funding Pledge
Bonds issued by China’s local government financing vehicles rallied following the Ministry of Finance’s “largest-in-recent-years” initiative to relieve pressure on their $1.6 trillion debt pile.
China’s secretive new ‘Thousands Sails’ satellites are an astronomer’s nightmare, 1st observations reveal
The first observations of China’s Qianfan satellites, which were launched in August, suggest that they far exceed the brightness limits suggested by astronomical authorities. Researchers warn that the growing “megaconstellation” could become a major problem…
Asia’s IPO bankers look beyond China slump with US$6 bil week
Listings from Hyundai Motor Co.’s India unit, subway operator Tokyo Metro Co. and Rigaku Holdings Corp. will push IPO volumes in Asia Pacific excluding China past $28 million.
Russian defense minister arrives in Beijing for talks with Chinese military leadership
Russian Defense Minister Andrey Belousov arrived in Beijing on Monday for an official visit. According to a statement by the Russian Defense Ministry, Belousov will engage in a series of discussions with China’s military and…
China’s September lending falls short of expectations
New bank lending in China jumped in September from the previous month but fell short of expectations, as markets await further details on fiscal stimulus measures that analysts say could boost credit growth and galvanise…
China’s yuan is nowhere close to displacing the greenback
As it has attempted to internationalise the yuan and escape the grip America has on the financial system—demonstrated by sanctions against Russia after its invasion of Ukraine—the Chinese government has spent the past decade trying…
China’s Top Carmaker Dominates Foreign Rivals With $14,000 Plug-In Hybrid
From tariffs to technology restrictions, global challenges are mounting for Chinese carmakers, but BYD has been unstoppable.