and financial proxies, JPM said, and was likely to pick up by late-November, especially as investors positioned for the Central Economic Work Conference in December. China’s Politburo is also set to …
FINANCE
China to intensify counter-cyclical adjustment of monetary policy: central bank governor
[Photo/China News Service] BEIJING – China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic growth and …
Australia moves to keep its banks in the Pacific
Australia will move to stem the exodus of its banks from the Pacific Islands, the country’s top economic official said, as concerns mount that China could bolster its influence by filling in the gaps.
China’s October new lending tumbles more than expected despite policy support
New bank lending in China fell more than expected in October from the previous month and trailed behind analysts’ expectations as a ramp-up of policy stimulus to buttress a wavering economy failed to …
China’s 2025 GDP growth forecast cut by UBS on Trump threat, others wait and see
Investment bank UBS cut its forecast for China’s economic growth next year due to the threat of steep US tariffs on Chinese goods under president-elect Donald Trump, although other global financial …
Investors look past Beijing’s debt clean-up plan as minister pledges more proactive policy
Markets in Hong Kong and China had their first chance to react to Beijing’s plan for local government debt on Monday after an eventful last week, when Donald Trump reclaimed the …
China hands banks poor stimulus consolation prize
Executives at Chinese state-owned banks probably have one of the financial world’s most thankless jobs. Beijing has loosened capital rules and pledged to inject new equity into its top six lenders to …
Explained | What you need to know about China’s $1.4 trillion debt package?
China’s local government debt under official quotas was at 40.74 trillion yuan at the end of 2023, finance ministry data show. The new funds will help repay debt accumulated through local government …
How China plans to tackle 6t yuan hidden debt crisis with bold swap plan in economic shakeup
China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from belt-tightening practices that have exacerbated …
China unveils financial package aimed at boosting the economy
Beijing is hoping its plan will help bolster its ailing economy as it braces itself for increased trade tensions with the US under a Trump presidency. View on euronews …
How China plans to cut hidden debt in massive shakeup
China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from belt-tightening practices that have exacerbated a domestic downturn. The new debt plan is part …
China to strengthen financial support for economy’s high-quality development: report
BEIJING — The Chinese government will continue to improve the quality and efficiency of financial services, encourage financial institutions to optimize loan structure, strengthen financial support for new quality productive forces, and intensify the cultivation…
China searches for safe havens amid US debt woes, dollar weaponisation
Ever since the US dollar cemented its role as the backbone of the global financial system following the second world … concerns have grown in China and elsewhere over whether the US dollar can remain…
