This seemed manageable. Then, in 2008, came the meltdown of the western financial system and subsequent deep recession in high-income countries. China responded with a huge investment programme amount… ( read original story …)
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China’s Battered Property Shares Surge on Outlook for Profits
Things are looking up for battered Chinese property stocks this week as positive profit outlooks and a shift toward monetary easing lure investors. A Bloomberg Intelligence gauge of China real estate … ( read original…
China state media warns of renewed property speculation despite heavy curbs
BEIJING (Reuters) – China’s state news agency Xinhua said on Thursday signs of property speculation has re-emerged in some parts of the country and urged local governments to rein in prices more effec… ( read…
China adds nearly 12 million mobile customers in June
China Mobile added 3.89 million new mobile customers in June, ending the month with a total of 905.80 million customers. China Telecom attracted 5.49 million new mobile customers for a total 281.62 mi… ( read…
China kills Qualcomm’s $44 billion deal for NXP
Ask Qualcomm In March, President Donald Trump blocked a $117 billion takeover of Qualcomm by rival Broadcom (AVGO), arguing that it could help China beat the United States in developing 5G technology. … ( read…
Explosion near US embassy in Beijing wounds attacker
A man detonated a bomb outside the US embassy in Beijing on Thursday, injuring himself but harming nobody else at the American compound near the heart of the Chinese capital. Beijing police said the 2……
Man explodes small device outside US Embassy in Beijing
BEIJING (AP) — A man exploded a small homemade bomb outside the U.S. Embassy in Beijing on Thursday, injuring only himself, according to police and an embassy spokesperson. Photos on social media sho… ( read…
Beijing pledges wider access to financial markets
(ECNS) – Authorities in Beijing have promised to create a more attractive investment environment and significantly relax market access. Wang Hong, vice mayor of Beijing, said on Wednesday that the cap… ( read original story…
China Said to Ease Bank Capital Rule to Free Up More Lending
China took another step to ease the pressure from its deleveraging campaign, as authorities try to mitigate increasing risks to the economy from the trade war with the U.S. The People’s Bank of China ……
China central bank plans to ease some capital requirements for commercial banks: sources
SHANGHAI (Reuters) – China’s central bank plans to ease some of its capital requirements for commercial banks, in line with previous moves to spur lending, two people with knowledge of the matter said … (…
China makes headway in structural deleveraging
Growth in China’s overall leverage ratio dropped substantially in 2017, with an increase of only 2.7 percentage points from the previous year, compared with an annual average of 13.5 percentage points … ( read original…
UPDATE 1-China c.bank said to ease capital rule for some lenders to boost lending – Bloomberg
July 25 (Reuters) – Some Chinese banks have received notice from China’s central bank that a capital requirement will be eased to support lending as authorities seek to mitigate increasing risks to th… ( read…
China c.bank said to ease capital rule for some lenders to boost lending
July 25 (Reuters) – Some Chinese banks have received notice from China’s central bank that a capital requirement will be eased to support lending as authorities seek to mitigate increasing risks to th… ( read…