Beijing has added another district of Haidian in its work-from-home list starting from Thursday, and suspended taxi services to parts of Chaoyang and two other districts, in efforts to bring down an …
FINANCE
USD/CNH renews 19-month high even as China policymakers signal measures to uplift economy
PBOC Deputy Governor Chen Yulu hints at more financial support, CCP’s Han Wenxiu signals new incremental policies. Shanghai mixed unlock opportunity on community covid cases, China, Japan, South Korea …
China to roll out new policies when necessary to support economy – senior party official
China is eyeing new incremental policies to prop up growth and will take steps when necessary, a senior official of China’s Communist Party said on Thursday, as the economy feels the pinch of COVID-19 …
China’s share of global economy rises to over 18 pct: official
China accounted for over 18 percent of the global economy in 2021, rising from 11.4 percent in 2012, an official said Thursday. China has both cemented and improved its status as the world’s …
China’s Li Urges Fiscal, Monetary Policies to Boost Economy
Chinese Premier Li Keqiang urged officials to use fiscal and monetary policies to stabilize employment and the economy as the country reels from virus outbreaks and rising inflationary pressure.Most …
China says will use various policy tools to stabilise employment – state media
China will strive to stabilise the economy and will use various policy tools to support employment, state media quoted the cabinet as saying on Wednesday.China’s fiscal and monetary policy will …
Tesla’s China Sales Take A Pounding As Covid Lockdown Drags On
“China is obviously a very significant market but it is probably 25% to 30% of our market, long-term,” Musk to the Financial Times at its Future of the Car conference on Tuesday. Currently, China is…
China Bond Bulls Revived by Lowest Borrowing Cost Since 2020
Some China bond investors are betting yields will resume their declines as a liquidity glut pushes short-term borrowing costs to the lowest since December 2020.
China Changes Its Latin America Lending Practices
Chinese banks holding off lending to Latin American governments while prioritizing loans to its own companies in the region …
China yuan: 6 ways the central bank might respond to the currency weakening against the US dollar
China’s yuan has fallen by 5 per cent against the US dollar in the last three weeks due to rising US interest rates, the war in Ukraine and a slowing domestic economy.
US official says China threat ‘critical’
The threat posed by China to Taiwan until 2030 is “critical,” US Director of National Intelligence Avril Haines said on Tuesday while testifying on worldwide threats at a hearing of the US Senate …
Stock market ‘carnage’ will continue as the Fed hikes while China slows — and there’s nowhere to hide, TS Lombard says
The Fed’s interest rate hikes and slowing global growth are acting as pincers that are squeezing stocks and bonds, economists at TS Lombard said.
China’s forgotten premier steps out of Xi’s shadow as economic fixer
China’s economy is struggling … Mr. Li has overseen much of the recent effort to shore up growth, including prodding banks to lend. The Finance Ministry is speeding up approval of local bonds to …
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