China’s economic recovery from the pandemic slump is broadening out, with data on Monday showing stronger growth in manufacturing and consumer spending. ( read original story …)
FINANCE
China’s Economy Accelerates, Broadening Recovery From Pandemic
China’s economic recovery from the depths plunged during the Covid-19 pandemic continued, providing support for a world economy suffering its deepest recession since the Great Depression. ( read original story …)
With Covid-19 Under Control, China’s Economy Surges Ahead
These payments have been aimed at helping families sustain a minimum standard of living through the pandemic — which in turn has fueled demand for imports from China. Michael Pettis, a finance … ( read…
China September Industrial Output Rises 6.9% Year-On-Year; Retail Sales up 3.3%
Analysts polled by Reuters had expected annual industrial output growth to have quickened to 5.8% in September from a 5.6% gain in August, as more businesses resumed production after measures to … ( read original…
China’s central bank head says economy to expand about 2% this year
China will see its economy expand by about 2% this year as it has got the coronavirus pandemic under control, central bank governor Yi Gang said on Sunday, signalling confidence about the prospects of ……
Labor lashes government’s ‘failure of trade diplomacy’ over China
“It appears China is systematically moving to replace Australian exports … downgraded the trade portfolio by loading up Trade Minister Simon Birmingham with the finance portfolio as well as … ( read original story …)
Shenzhen given new powers to attract key foreign workers and develop new financial market tools under plans to develop role as China’s tech hub
Shenzhen will be granted autonomy to make its own laws on artificial intelligence and big data, relax visa restrictions to attract foreign talent, and start a stock futures index under the latest … ( read…
China must loosen capital curbs to boost international use of yuan, says former bank executive
Former Bank of China executive says increasing yuan use ‘increasingly urgent and important strategic issue’ given possible US move to curb dollar access. ( read original story …)
China Gives Shenzhen Greater Autonomy to Attract Investment
China announced measures that will grant its southern boomtown Shenzhen more autonomy as Beijing seeks to raise the profile of the region as a tech and financial hub amid tensions with the U.S. ( read…
China’s local govt bond issuance hits 720.5b yuan in September
China’s local government bond issuance reached 720.5 billion yuan ($107 billion) in September, data from the Ministry of Finance showed. The figure took the total local government bond issuance for … ( read original story…
China As Climate Change Savior: The Triumph Of Hope Over Experience?
President Xi Jinping recently told the UN that China aims for carbon neutrality by 2060. But the Chinese government, like its counterparts in India and other developing countries, knows that forsaking … ( read original…
Beijing claims ‘consensus’ reached on joint exploration
The Chinese government said it had reached a consensus with the Philippines on the conduct of joint exploration of resources in the South China Sea. ( read original story …)
Export-Import Bank Pres. Reed, NSA O’Brien: Battling China’s predatory economics to bring back jobs
Import Bank of China, and the Chinese state-owned provider of export credit insurance, Sinosure, together arm Chinese exporters with what amounts to an endless supply of capital, against which U.S. ( read original story …)
ADVERTISEMENT
