China’s top financial regulator dismissed claims the nation is distorting its economy through “state monopoly capitalism” as pressure grows on China to align more with global trade rules. ( read original story …)
FINANCE
China is the world’s economic powerhouse
China is the world’s economic powerhouse with its gross domestic product increasing 6.5 per cent year on year in the fourth quarter of 2020 in contrast to all other major economies … ( read original…
Asia shares look to China for recovery lead, earnings in focus
Asian share markets edged ahead on Tuesday as investors wagered China’s economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to … ( read original story…
Foreigners poured money into China as the world struggled with the coronavirus pandemic
In the capital city of Beijing, foreign investors claimed more than a third of commercial real estate deals last year, property manager JLL said Thursday. ( read original story …)
China takes victory lap over economic recovery to pre-coronavirus pandemic growth rates
The Chinese economy officially grew by 2.3 per cent in 2020, but some analysts point to unsustainable nature of China’s dramatic rebound. ( read original story …)
China takes victory lap over economic recovery, but critics find cracks in success story
The Chinese economy officially grew by 2.3 per cent in 2020, but some analysts point to unsustainable nature of China’s dramatic rebound. ( read original story …)
Soldiers Patrol Around China’s Central Bank in Beijing, China
Chinese soldiers order a photographer to keep moving past the People’s Bank of China, the country’s central bank, in Beijing on Monday, January 18, 2021. The world’s second largest economy grew 2.3% … ( read…
SCIO briefing on China’s financial statistics 2020
Ruan Jianhong, spokesperson for the PBOC and head of its statistics and analysis department Sun Guofeng, head of the monetary policy department at the PBOC Zou Lan, head of the financial market … ( read…
China’s top banking watchdog rebuts criticism of ‘state capitalism’
HONG KONG/BEIJING, Jan 18 (Reuters) – China’s top banking regulator said on Monday it was incorrect to label China’s economic system as being “state capitalism”, in the wake of recent criticism of … ( read…
Forum on Chinese cultural economy held in Beijing
The second session of the Academic Forum on Chinese Cultural Economy was held at the Renmin University of China in Beijing on Saturday … gave a keynote speech on aspects such as cultural finance, ……
China’s growth faces underlying risks beyond Covid in 2021: Mizuho Bank
China tensions and boosting domestic growth without increasing financial risk remain daunting tasks ahead for the Chinese economy, says Vishnu Varathan of Mizuho Bank. ( read original story …)
Lack of detail in Angola’s debt deals with China could hide future risk
Three-year relief package with Exim Bank unlocks more IMF funding but agreements with two other Chinese banks may be less favourable. ( read original story …)
China’s V-shape recovery is ‘complete,’ but analysts warn of a slowdown ahead
There is no full-scale lockdown in most locations in the country,” said Iris Pang, chief economist for Greater China at Dutch bank ING. She said in a Monday note that the Chinese economy is forecast…
