China’s longstanding practice of adjusting workdays to carve out extended holidays emerged in the wake of the 1997 Asian financial crisis. Analysts suggest the policy is due for a review amid a vastly …
FINANCE
Starting China’s Golden Week With Whatever It Takes
A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.” China’s stimulus packages announced last week came right on cue for the Golden Week …
China’s stock surge has echoes of the 2015 bubble. What’s different this time
Over six months from 2014 to 2015, the Chinese stock market doubled in value, while leverage climbed, Aaron Costello, regional head for Asia at Cambridge Associates, pointed out Monday. This time around,
Former Chinese finance official urges crypto research as US softens stance
Cryptocurrencies are “crucial” for the digital economy and China should catch up as the US embraces the industry, according to a former senior Ministry of Finance official, as more experts openly urge …
Why Investors Need To Be Cautious About China’s Market Rally
I am skeptical about China as a strategic investment. Its problems are mainly structural than cyclical, and the government is reluctant to embark on needed reforms.
China’s stimulus package might not be enough to fix its economy, but it sent stock markets 8.5% higher — a gain not seen since 2008
Skeptics have been out in force since China rolled out aggressive stimulus measures last week to prop up its ailing economy and markets. It’s just not enough to reverse the magnitude of China’s …
China releases new round of stimulus as economic crisis explodes
The fading Chinese economy has passed President Xi Jinping’s pain threshold and Beijing has unleashed a new round of stimulus. It aims to stabilise the imploding property market, send the stock market …
Looking for a Safer Way to Ride China’s Rally? 4 Consumer Stocks That Gain From Beijing’s Policy Pivot.
Chinese stocks logged their best gains since the 2008-2009 financial crisis as a batch of stimulus and vows for more have forced investors to take a closer look at a part of the market they…
China urges PwC’s global chair to strictly abide by rules and regulations after Evergrande debacle
China’s vice-finance minister met PwC’s chief in Beijing following a hefty fine and suspension handed to the firm’s mainland unit over auditing failures at Evergrande.
China’s top banks to tweak mortgage rates to boost housing market
Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them from Beijing’s central bank, state media said
VP of China-based AIIB says bank has proven doubters ‘100% wrong’
With 110 member states and years of experience, AIIB vice-president says Beijing-based development bank a model for multilateralism.
China’s $114 billion stimulus package immediately boosted its stock market. But can it last?
China’s $114 billion stimulus has some investors excited, but it’s lacking support for the country’s discouraged consumers.
China’s biggest banks say they will tweak mortgage rates as Beijing seeks to boost housing market
Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request from Beijing’s central bank.
