China increases its debt ceiling to alleviate local government debt and boost economic growth. Analysts speculate on the crypto market impact.
Monthly Archives For October 2024
Beijing congratulates Sam Hou-fai on election victory
Beijing officials responsible for Macau affairs on Sunday offered their congratulations to the SAR’s former top judge, Sam Hou-fai, on winning the
China wants to draw more foreign hospitals, but hurdles remain significant
More foreign entrants could help shake up China’s hospital scene, which faces problems like over-consumption and corruption. Read more at straitstimes.com.
Taiwan denounces China’s “economic oppression” amid trade tensions
The Mainland Affairs Council of Taiwan (MAC) on Saturday expressed its opposition to what it termed China’s “economic oppression” of the self-ruled island. This statement came after the Chinese Ministry of Commerce’s announcement that it…
China’s scorching rally takes a breather to wait on stimulus
Chinese shares fell on Wednesday and commodities nursed sharp losses as investors tempered enthusiasm for a Chinese economic recovery, while broader markets steadied on expectations that the U.S. economy can avoid recession and support global…
ASEAN urges early accord on South China Sea code, end to Myanmar violence
Southeast Asian leaders called on Sunday for swift agreement on a code of conduct for the South China Sea based on international law, while demanding an immediate halt to fighting in Myanmar and …
She Was a Key Aide to Eric Adams. Her Ties to China Ran Deep.
Winnie Greco, a top fund-raiser and senior adviser for Mr. Adams, has long had dealings with people and groups connected to China’s communist regime. He kept her close even so.
Vietnam, China sign 10 documents during Chinese Premier’s visit to Hanoi
Vietnam and China signed 10 agreements ranging from agriculture cooperation to cross-border QR code payments on Sunday, during Chinese Premier Li Qiang’s three-day visit to Hanoi. China is Vietnam’s largest trading partner and a vital…
China’s stimulus message leaves investors wanting
Reuters reported last month that China plans to issue special sovereign bonds worth about 2 trillion yuan this year as part of fresh fiscal stimulus. Bloomberg News reported China is considering the injection up to…
China’s finance minister says there’s room to boost economy, but offers no plan
The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo’an said Saturday, but he stopped short of unveiling a major new stimulus plan that analysts
China’s Inflation Eases in September, Puts Pressure on Beijing for Stronger Stimulus Measures
China’s consumer inflation unexpectedly eased in September, while producer price deflation deepened, underscoring the mounting pressure on Beijing to roll out more robust stimulus measures to revive its flagging demand and economic activity.
What Investors Want From China’s Big Stimulus Reveal
China’s markets rounded out a rocky week with a 2.8% slide in the CSI 300 Index and a rally in corporate bonds, as all eyes turn to the Ministry of Finance policy briefing on Saturday…
China to introduce incremental fiscal policy measures to bolster economy
China will introduce a package of targeted incremental fiscal policy measures in the near future to boost the economy, Minister of Finance Lan Fo’an told a press conference on Saturday. The package includes increasing the…
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