States with higher financial inclusion/ more bank accounts have also seen a perceptible decline in crime along with a meaningful drop in consumption of alcohol and tobaccos, according to the report, …
FINANCE
The Xi Factor: Is China uninvestible?
China’s president is a modern-day emperor who rules with an iron fist. His ‘common prosperity’ push promises better jobs and more equality, but it’s causing analysts to ask if the market is no longer …
China’s domestic demand will be under pressure if it sticks to a zero-Covid strategy, economist says
There’s “no sign” that China will relax its zero-Covid strategy any time soon … is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and …
China c.bank to tread warily on easing amid stagflation risk – policy sources
China’s central bank will likely move cautiously on loosening monetary policy to bolster the economy, as slowing economic growth and soaring factory inflation fuel concerns over stagflation, policy …
China central bank to tread warily on easing amid stagflation risk – policy sources
China’s central bank will likely move cautiously on loosening monetary policy to bolster the economy, as slowing economic growth and soaring factory inflation fuel concerns over stagflation, policy …
Poor Report Cards Likely at China’s Big Tech After Regulatory Crackdown
“We believe the financial impact of regulatory headwinds in China will be reflected in (third quarter) earnings and (fourth quarter) guidance,” KGI Asia analysts said in a note last month. Tencent …
China’s big tech firms seen reporting lower quarterly profits
Tencent and Alibaba are among firms expected to report a fall in quarterly earnings after China’s year-long regulatory crackdown …
India Leaps Ahead Of China In Financial Inclusion Metrics: SBI Report
The report observed states where more PMJDY accounts are opened witnessed statistically significant and economically meaningful drop in consumption of intoxicants such as alcohol and tobacco products …
China trade: Exports are getting a boost, but the economy is not in the clear yet
The holiday shopping season is boosting China’s trade at a time when the country needs it most. But that doesn’t mean its economic woes are over just yet.
Ant Group starts to differentiate consumer loan business Jiebei from bank loans
China’s Ant Group said on Monday that it is making efforts to “differentiate” part of its short-term consumer loan business Jiebei, as it pursues a Beijing-led restructuring aimed at reining in some …
India now ahead of China in financial inclusion metrics: SBI report
India has stolen a march in financial inclusion with the initiation of PMJDY accounts since 2014, enabled by a robust digital infrastructure and also careful recalibration of b …
Shares in China’s hot pot chain Haidilao jump after plan to shut stores
Shares in Chinese hot pot chain Haidilao International surged on Monday after the company announced it would suspend or shut down 300 stores by the end of the year, slamming the brakes on a rapid…
China Wants to Own Shipping’s Digital Operating System
How the Digital Silk Road is Digitizing Shipping with China as the Sole Network Administrator. At the heart of US dominance as an information empire back in 20th century was the AT&T Company. For …
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