China’s economic recovery showed further signs of weakening in May, clouding the outlook for the rest of the year and fueling calls for more central bank stimulus.
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China Traders Are Leveraging Up The Most on Record on Flush Cash
A gauge of leveraged activity in China’s money market has notched another record as onshore financial institutions take advantage of ample liquidity to boost borrowing.
SEC’s crypto lawsuits, Chinese trade data, OECD outlook – what’s moving markets
Traders react to SEC’s crypto crackdown The price of the world’s top cryptocurrency … Factoring in both the export and import figures, China’s trade surplus unexpectedly slipped to a one-year low in …
China’s wheat growers face ‘disaster’ after heavy rain batters crop
After two weeks of continuous heavy rains, a farmer surnamed Chen in China’s Henan province surveys bent stalks of saturated wheat in sodden fields that will take days to dry out before harvesting can start.
3 ways to change world: Govern better, calm down on China, undo Brexit
Beyond a repeat of the 2020 presidential race, the overall opinion abroad is that America has not only lost its credibility and influence, it has lost its punch as the “primus inter pares” of international…
China exports recede in May as economy struggles to mount strong recovery
Chinese exports contracted more than expected in May on weaker global demand for the country’s goods, as the world’s second-largest economy struggled to revive growth after a pandemic-induced slowdown …
Int’l cultural industries fair opens in Shenzhen
SHENZHEN — The 19th China (Shenzhen) International Cultural Industries Fair kicked off in Shenzhen in South China’s Guangdong rovince on Wednesday, which is expected to inject new impetus into the …
Citigroup CEO pledges to Beijing to continue China expansion
Citigroup’s CEO Jane Fraser said the bank will continue to expand its business in China during her first visit to the country this week as the U.S. firm’s chief, amid Beijing’s push to attract more…
Taiwan Presidential Contender Says He Wouldn’t Meet China’s Xi Without an Agenda
TOKYO (Reuters) – The head of a small Taiwanese political party who is rising in the polls in his bid for the presidency said on Wednesday that he would not meet Chinese President Xi Jinping…
China property liquidation risk heightened by delisting threat, says S&P
Some of China’s distressed property developers face the risk of being delisted, which would reduce their options for restructuring and make them more vulnerable to liquidation, S&P Global Ratings said on Wednesday.
China to further open financial sector, regulator tells Citigroup CEO
Citigroup’s Chief Executive Jane Fraser held a meeting with the head of China’s new financial regulator on Monday, the National Financial Regulatory Administration (NFRA) said, as the bank expands its …
Beijing Reports Two Monkeypox Cases
One is an imported case from overseas, while the other is a related case, according to a statement published Tuesday by the Beijing Center for Disease Prevention and Control. Both cases were a result of…
China’s rolling COVID waves could hit every six months — infecting millions
The latest surge is unlikely to crash the country’s health-care system, but scientists fear hundreds of millions of infections.