China’s new yuan loans are expected to fall sharply in October from September, a Reuters poll showed on Friday, signalling weak credit demand even as the central bank ramps up policy stimulus to …
Monthly Archives For November 2024
China’s foreign exchange reserves drop to $3.26105 trillion
BEIJING – China’s foreign exchange reserves totaled $3.26105 trillion at the end of October, down by $55.317 billion, or 1.67 percent, compared to the end of September, official data showed Thursday.
China’s Finance Ministry to Brief at 4 p.m. on Debt Swap Program
China will hold a briefing on a plan to allow local governments … The budget committee of the National People’s Congress and the Finance Ministry will speak with the media at the end of a…
Why Trump’s win and missed China-plus-one export opportunity seem to be prompting a trade policy rethink
The election victory of Donald Trump has also exacerbated fears of tariff action against India. However, Trump’s tariff hikes on Chinese products could boost investment interest in India.
Analysis-Ready or Not? How China Scrambled to Counter the Second Trump Shock
Last month China ended a four-year military stand-off with India on their disputed border; in August, it resolved a two-year spat with Japan over the discharge of radioactive water from the Fukushima nuclear plant; and…
Steven Madden C.E.O. Says It Is Moving Production Out of China
The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.
China’s Gray-Zone Offensive Against Taiwan Is Backfiring
Over the past two years, major Chinese military exercises around Taiwan have gone from comparatively rare to almost routine. Beijing launched major drills after former U.S. Speaker of the House Nancy Pelosi visited the island…
No winners in trade, industrial wars, China’s ambassador to US says
There are no winners in tariff or trade wars, nor in wars over science and technology or industry, China’s ambassador to the United States said after Donald Trump won the U.S. presidential election.
Fed rate cut gives China room to move as Beijing eyes more economic stimulus
US Federal Reserve lowered its benchmark rate less than a day before China is expected to release its latest economic stimulus plan.
China expected to announce highly anticipated fiscal stimulus package
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.
U.S. farm producers brace for hit to exports to China in Trump administration
SHANGHAI (Reuters) – U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S. President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new…
China mandates banks for $2bln bond issuance in Saudi Arabia, term sheet shows
SYDNEY – China has mandated investment banks to work on a three- and five-year U.S. dollar bond issuance in Saudi Arabia, showed a term sheet reviewed by Reuters on Friday. The issuance will be senior…
Luxury shoemaker Manolo Blahnik enters China market after 22-year legal tussle
Manolo Blahnik, the high-end shoe brand with many celebrity fans and often worn in the TV hit “Sex and the City”, has opened its first store in mainland China after a 22-year battle over the…