China’s central bank is facing mounting calls to cut interest rates as fresh coronavirus outbreaks threaten to upend the recovery in the world’s second-largest economy.
FINANCE
Beijing continues to finance the coup generals
China announced US$ 6 million in funding for development projects. Western governments only provide humanitarian aid. The crackdown by Myanmar’s military against the resistance continues. The fo …
China Yuchai International Announces Unaudited 2021 First Half-Year Financial Results
China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”), a leading manufacturer and distributor of engines for on- and off-road applications in China through its main …
China July bank loans fall to 9-mth low, modest policy easing expected
China’s new bank loans fell more than expected in July to their lowest in nine months while broad credit growth hit a 17-month low, adding to market expectations that modest policy easing may be …
China July new bank loans fall to 1.08 trln yuan, lag forecast
Chinese banks extended 1.08 trillion yuan ($166.5 billion) in new yuan loans in July, down from June and below analysts’ expectations.
China’s New Yuan Loans in July Fell by About Half From June
BEIJING–New loans issued by Chinese banks in July fell by about half from the previous month, and came lower than consensus views. But still, the …
China Stock Market Poised To Add To Its Winnings
The China stock market has tracked higher in two straight sessions, gathering more than 70 points or 2 percent along the way. The Shanghai Composite Index now rests just beneath the 3,530-point …
China, US share inflation risks that will not go away soon, their former top finance officials agree
Former US Treasury secretary Lawrence Summers expresses “considerable concerns about inflation” in a panel discussion with China’s former finance minister, Lou Jiwei.
China central bank to keep monetary policy ‘flexible, appropriate’
BEIJING: Chinas central bank said on Monday it would keep monetary policy flexible and appropriate to maintain stability as the pandemic persists and domestic economic recovery is uneven. In its …
Fintech application scenarios competition kicks off in Beijing
The Global Fintech Application Scenarios Competition launched in Beijing on July 29. The competition was held in parallel with Zhongguancun’s annual solicitation of funds for demonstration fintech …
Are You Looking for a High-Growth Dividend Stock? Agri Bank China (ACGBY) Could Be a Great Choice
A dividend is that coveted distribution of a company’s earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the …
The China-U.S. Trade War and Reformist Statism under Xi
There is a global shift towards a new economic philosophy, which both Washington and Beijing are grappling with. Open understanding of both economies could help the two countries establish the …
Yes, the WHO receives funding from China as it does from every other member country
Each country that makes up the World Health Organization pays a fee. Data shows China contributes far less to the WHO than many other countries, including the U.S.
