A top official with a China-led development bank expressed faith in Beijing’s latest round of economic stimulus while cautioning that results may not be immediate.
FINANCE
Janet Yellen, senior China finance official discuss Beijing’s economic stimulus measures
Discontented US Treasury chief reiterates Washington’s concerns about industrial overcapacity and impact on American workers and firms.
China-led AIIB head criticizes advanced nations for trade barriers
Asian Infrastructure Investment Bank (AIIB) President Jin Liqun on Saturday criticized advanced economies for creating trade barriers including for renewable energy goods, saying there was “no longer …
China’s Gold Gamble: How Beijing’s Move Could Shake the U.S. Dollar and Global Power Balance
As global markets brace for economic upheaval, China’s rising influence on gold could define the metal’s future value and reshape its role as a financial safe haven. With China’s economy on shaky …
China’s Stimulus Aims to Boost Consumption, Top Official Says
China’s recent rollout of stimulus is centered around lifting domestic demand and hitting the nation’s annual growth goal, said Vice Finance Minister Liao Min, as investors await a meeting of …
Janet Yellen, senior China finance minister discuss Beijing’s economic stimulus measures
Discontented US Treasury chief reiterates Washington’s concerns about industrial overcapacity and impact on American workers and firms.
Janet Yellen, senior China finance minister discuss Beijing’s ambitious stimulus measures
US Treasury Secretary Janet Yellen and China’s deputy finance minister Liao Min met in Washington on Friday to discuss macroeconomic policy developments, including Beijing’s most ambitious stimulus …
China Sets Date for Key Meeting at Center of Market’s Stimulus Hopes
The country’s top lawmakers are set to meet Nov. 4 to Nov. 8, which could be a key window for more stimulus to boost the economy.
UK’s Reeves Says ‘Hard-Headed’ Realist Approach Needed to Boost China Trade
WASHINGTON (Reuters) – Britain needs to take a “hard-headed, economic realist” approach to relations with China in order to do a better job of boosting trade while minimizing risks to national …
Global Times: SMEs account for more than 80% of firms listed on Beijing Stock Exchange, as China accelerates inclusive finance
Small and medium-sized enterprises (SMEs) make up more than 80 percent of the companies listed on the Beijing Stock Exchange (BSE), as the bourse focused on advancing inclusive financing over the past …
China’s Carbon Triangle: Climate Change and the Unwinding of the Land-Finance-Real Estate Development Model
China produces over 30 percent of global carbon emissions, making Xi Jinping’s 2020 declaration that his country would be carbon neutral by 2060 one of epic significance. A core challenge facing China …
China Jan-Sept fiscal revenues fall 2.2% yr/yr
China’s fiscal revenue in the first nine months of 2024 fell 2.2% from a year earlier，compared with a 2.6% slide in the January-August period, finance ministry data showed on Friday. Fiscal …
China schedules meeting expected to reveal fiscal stimulus details
Investors have been awaiting the gathering of the standing committee of the National People’s Congress, watchful for details on any fiscal stimulus.
