Top banks including Goldman Sachs and JPMorgan trimmed China’s economic forecast for the third quarter. Yet most analysts see a rebound by the fourth quarter.
FINANCE
What’s Behind China’s Crackdowns? Morgan Stanley Has an Answer.
The regulatory moves may be aimed at addressing income inequality and shifting the economy toward consumption, the bank says.
Beijing Financial Court issues legal guideline to help develop ‘two zones’
Beijing Financial Court issued a legal guideline on Tuesday to better serve the development of the capital’s “two zones”. The “two zones” refer to the pilot free trade zone and the national …
China’s sustainable bond market gains ground
Mainland China’s sustainable bond market has gone from strength to strength recently, with issuers and investors finding new opportunities – and embracing international standards.
China Is SoftBank’s Biggest Problem Now
Chinese tech companies have been SoftBank’s bread and butter. But with the party over in Beijing, the company will now have to prove it can deliver big investment returns without Chinese Big Tech.
Evergrande Went From China’s Biggest Developer to One of Its Worst Debtors
Regulators want to fix the property sector’s bad habit of borrowing too much. Evergrande, with its billions of dollars in debt, may stand in the way.
China court upholds Canadian man’s death sentence
A Chinese court upheld on Tuesday a Canadian man’s death sentence for drug smuggling a day before another court is due to rule on the case of another Canadian accused of spying.
China Regulatory Crackdown Cuts Beyond Politics
Legitimate economic and regulatory considerations are at play in China’s regulatory crackdown on internet-orient …
China’s Central Bank Outlook Fuels Calls for Policy Easing
China’s central bank fanned expectations of further monetary policy easing, saying in its latest quarterly report that inflation pressures are “controllable,” while highlighting risks to the economic …
China Is Redrawing the World’s Energy Map
China’s outsize energy needs and its reliance on overseas suppliers have underpinned its foreign policy for decades. Now those needs are changing. The planet’s largest oil and coal importer wants to …
Hong Kong leader says city set to adopt China’s anti-sanctions law
China’s anti-sanctions law will be implemented in some form in Hong Kong, the city’s leader confirmed Tuesday, a move that will add fresh regulatory pressure on international companies in the finance …
It’s unforgivable to hold the Olympics in Beijing
It was a forgivable mistake to award an Olympics to Beijing in 2008. It’s unforgivable to hold one there now. If you want a world pocked by concentration camps, in which Xi Jinping surveils your…
China’s central bank to keep monetary policy stable
China’s central bank on Monday said it will maintain the stability of monetary policy and make it more forward-looking and effective, to render strong support to the real economy while avoiding a …