Investors are not sure about the economy, confidence is not high and they want the Chinese government to take steps to drive growth, Deloitte’s Stanley Lah says.
FINANCE
China widely expected to keep lending benchmark LPRs unchanged in Aug
SHANGHAI: China is expected to leave benchmark lending rates unchanged on Tuesday, a Reuters poll showed, after policymakers surprised global markets by trimming a string of key interest rates in July …
U.S., China sign agreement to cooperate on financial stability
The U.S. and China last week signed agreements for cooperating on financial stability, according to a People’s Bank of China readout Monday.
Iron ore prices plummet amid China’s property crisis
Iron ore prices have crashed to their lowest level in two years, driven by the ongoing crisis in China’s property sector, which has severely weakened steel demand. This sharp decline is posing a …
China’s stable economic growth significant boon to global economy: Brazilian expert
China is a major driver of global economic growth that “has boosted international investors’ confidence and reduced international financial market volatility,” Ronnie Lins, director of the …
China must rein in local governments
But that period is over. Today, local governments are arguably the greatest source of market distortion and financial risk in China.
Discovering China’s Undiscovered Gems in August 2024
As China’s market shows signs of resilience despite weaker-than-expected economic activity, the Shanghai Composite Index and CSI 300 have posted modest gains, reflecting cautious optimism among …
China should consider setting a formal inflation target
With broad deflationary forces dominating the Chinese economy, Beijing ought to empower its central bank to maintain price stability.
China’s stable economic growth significant boon to global economy, says Brazilian expert
China is a major driver of global economic growth that “has boosted international investors’ confidence and reduced international financial market volatility,” Ronnie Lins, director of the …
China-US coordination key for global financial stability
BEIJING: The reported meeting of China-US Financial Working Group, which was widely expected to focus on topics such as macroeconomic and financial stability, governance of the IMF and capital markets …
China manages to halt bond bulls in their tracks, for now
On Thursday just 30.9 billion yuan ($4.3 billion) worth of China’s current 10-year note was traded interbank compared to an average daily volume of 122 billion yuan last week. Zhao Jian, head of …
Why China’s Economic Woes Don’t Move Markets Like America’s
China tied the US at the Paris Olympics with a gold-medal haul of 40, an outcome that state-run media in Beijing heralded as more evidence that China can rival America on the world stage.
Donald Trump ‘Lingerie’ Trademarked in Financial Disclosures
Trump’s financial disclosures reveal the enormous number of trademarks he holds in China, for products also including shower caps and priest robes.
ADVERTISEMENT
