It did not specifically mention China’s ongoing trade war with the U.S. “We must do a good job in stabilizing employment, finance, foreign trade and investment, and expectations,” the statement added. … ( read original…
FINANCE
Global factory growth slowing; China-U.S. trade war biting
China has been cutting bank reserve requirements to ease the pain of its campaign to reduced risk in the financial system for smaller companies and support growth. It is also planning more spending on ……
Google plans censored version of search engine in China: The Intercept
BEIJING/SHANGHAI (Reuters) – Alphabet Inc’s Google is planning a censored version of its search engine for China that will block websites and certain search terms, The Intercept reported on Wednesday … ( read original story…
China central bank to fine-tune policy to ensure ample liquidity
BEIJING (Reuters) – China’s central bank will fine-tune monetary policy in a “pre-emptive” way to ensure liquidity is reasonably ample, it said on Wednesday, amid heightened trade tension that has sti… ( read original story…
China to ease financial conditions, steps up effort to boost lending
China’s central bank has started actively encouraging banks to extend more credit by taking a softer stance on loan quotas, people familiar with the matter said, as authorities ratchet up efforts to b… ( read…
China reinforces its central bank as battle against financial risks gets sticky
China’s central bank has boosted the number of its deputy governors to fulfil its expanding role in battling financial risks in the word’s second-largest economy. The People’s Bank of China (PBOC) add… ( read original…
China’s Central Bank Steps Up Effort to Boost Lending
More flexible quotas would make it easier for banks to boost small-business lending from the weakest pace in three years and offset an unprecedented contraction in China’s shadow-finance sector. Incre… ( read original story …)
China easing threatens to derail debt-cutting efforts
China’s top leaders have signalled a shift towards supporting … chief economist at Reality Institute of Advanced Finance, an independent macroeconomic research group in Beijing. “Policymakers are tr… ( read original story …)
U.S., China Aim to Restart Talks to Defuse Trade War, Sources Say
The U.S. and China are trying to restart talks aimed at averting a full-blown trade war between the world’s two largest economies, two people familiar with the effort said. Representatives of U.S. Tre… ( read…
China should limit credit impact of deleveraging: central bank adviser
BEIJING (Reuters) – China should limit the credit impact of the country’s financial deleveraging drive, a central bank adviser said on Wednesday, as policymakers seek to boost support for the slowing … ( read original…
Huawei overtakes Apple as world No. 2 smartphone seller, gains ground in China
HONG KONG/SINGAPORE (Reuters) – China’s Huawei Technologies overtook Apple Inc (NasdaqGS:AAPL – News) to become the world’s second-biggest smartphone seller in the June quarter, data from market resea… ( read original story …)
Asian factories slow as China-U.S. trade conflict intensifies
HONG KONG (Reuters) – Manufacturing activity across Asia slowed in July, deepening concerns about the region’s economic outlook as an intensifying trade conflict between the United States and China se… ( read original story …)
China Slowdown Has Debt Warriors Rethinking Their Targets
“The radical deleveraging policy is under comprehensive adjustment” and the credit environment is shifting to moderate from tightening, said Wang Yifeng, a researcher at China Minsheng Bank in Beijing … ( read original story …)
ADVERTISEMENT
