Every evening, staff at Beiyuan Grand Hotel in Beijing set up street stalls selling freshly-cooked gourmet dishes trying to make up for falling revenue indoors as Chinese consumers and firms cut …
FINANCE
A Double Jolt For Chinese Stocks — Thanks To Trump And Beijing’s Big Bet
U.S.-listed Chinese stocks rallied sharply Wednesday morning, as Beijing’s new stimulus targeting consumer loans and service-sector businesses signaled a deeper commitment to reviving domestic demand …
🏦 Banking blackout — Beijing bans 2 Lithuanian lenders in revenge for EU sanctions on Chinese banks
China has taken strong action against two European Union banks, in a move that signals rising tensions between Beijing and Brussels. The measures were announced by China’s Ministry of Commerce on …
Beijing urged to curb ‘free milk tea’-style cash burn in e-commerce battle
Instant retail has potential to boost domestic demand, but more government policy support needed to end excessive competition, central bank adviser says.
China pledges more financial support for consumption with loan interest subsidy
China plans to boost domestic consumption by offering interest subsidies on loans to households and businesses, aiming to reduce borrowing costs and spur spending, Vice Finance Minister Liao Min said …
China unveils new stimulus plan to subsidize consumption-tailored loans
In China’s latest effort to boost domestic consumption, three government departments announced a plan to provide subsidies on qualified personal consumer loans with a maximum of 3,000 yuan ($417.5) …
UK companies in China buoyed by diplomatic thaw
Warming between London and Beijing encourages expansion by British businesses in world’s second-largest economy …
China seeks to bolster demand by subsidising interest costs on consumer loans
Plan will subsidise one percentage point of the annual interest on loans, capped at half of the contracted loan interest rate.
China’s Hermitage Capital bets big on AI as it sees tech shaping the future
Founder Sean Xiang Yuqiu says the fund will invest US$500 million in the AI and robotics sectors over the next three years.
Why Independent Bank (INDB) Stock Is Trading Up Today
Shares of regional banking company Independent Bank (NASDAQ:INDB) jumped 3.8% in the afternoon session after a broad market rally fueled by renewed optimism for a Federal Reserve interest rate cut and …
China Financial Services Holdings Announces Discloseable Loan Transaction
An announcement from China Financial Services Holdings Limited ( ($HK:0605) ) is now available. China Financial Services Holdings Limited …
Beijing Turns Up the Heat on Nvidia — Why China’s Chip Crackdown Could Reshape the AI Race
New guidance pressures firms to shun H20 chips, testing Trump’s export gamble and fueling China’s push for homegrown AI tech.
China urged to overhaul its tax system to boost consumption
China’s current value-added tax regime is undermining Beijing’s efforts to rebalance the economy towards consumption, economists argue.
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