China’s support for Russia in the war in Ukraine is showing its limits as the domestic costs for President Xi Jinping start to outweigh the benefits of confronting the U.S. Most Read from …
FINANCE
China bond yield rises most in 2 months after PBOC keeps rates unchanged
China Government Bond yield jumps almost 6 basis points, the most in two months, to 2.85% after the country’s central bank unexpectedly kept the interest rate on …
Five Charts Showing the Brutal Two-Day Selloff in China Stocks
This week’s meltdown in Chinese stocks is drawing comparisons with the rout seen during the global financial crisis, with the depth and breadth of the two-day selloff leaving investors few places to …
U.S.-Listed China Stocks Fall on COVID Surge, Russia
Exchange-traded funds exposed to Chinese securities also suffered heavy losses with iShares China Large-Cap ETF, iShares MSCI China ETF, KraneShares CSI China Internet ETF and Invesco China Technology …
Australia will follow Western allies if China aids Moscow, finance minister says
Finance Minister Simon Birmingham says Australia will move in lockstep with Western allies against countries that aid and abet the Russian invasion of Ukraine.
U.S. Doubles Down on Claims China Will Help Russia in Ukraine
China has been riled by U.S. intelligence reports suggesting Beijing responded positively to Moscow’s request for military aid in Ukraine.
US fears China has already decided to fund Russia’s war with Ukraine
United States officials have expressed concern that China has already decided it will fund Russia’s invasion of Ukraine.
U.S. stock futures decline on China worries as Fed kicks off deliberations
U.S. stock futures declined Tuesday as worries over China exacerbated inflation concerns as the Federal Reserve kicks off policy deliberations.
Chinese stocks plunge on COVID-19 fears, concerns over Beijing and Moscow’s relationship
Chinese stocks took a dive on Monday as the country combats its worst COVID-19 outbreak in two years and concerns grow over Beijing’s close relationship with Moscow.
Beijing makes case for Tencent breakup
The fine could be “at least hundreds of millions of yuan”, the report added, larger than the typical financial penalties for non-bank payment companies. Tencent’s Hong Kong shares opened down 8% at …
China’s central bank unexpectedly keeps medium-term policy rates unchanged
China’s central bank kept some of its policy rates unchanged in a liquidity operation on Tuesday, dashing expectations for a cut, although investors believe policymakers may resume monetary easing …
Feb bank data spark calls for policies to boost demand
The less-than-stellar financial data in February should lead to accelerated rollout of supportive policies to boost demand and stabilize economic growth, experts said on Monday. Data from the People’s …
China Opens Liquidity Gates Amid Rising Headwinds to Growth
The People’s Bank of China injected a net 100 billion yuan. It also kept the interest rate unchanged at 2.85% on Tuesday after slashing it in January for the first time in almost two years.…
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