China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, two sources with knowledge of the …
FINANCE
China’s CITIC Securities Q3 profit rises 21.9%
CITIC Securities Co , China’s biggest brokerage, reported a 21.9% rise in third-quarter profit on Tuesday, driven by growing investment gains.
Beijing unveils policies for strengthening financial services
China’s capital city Beijing has announced a series of policy initiatives for five key financial areas: tech finance, green finance, inclusive finance, pension finance, and digital finance. These …
S. Korea vows active response to U.S.’ investment curbs on China
The United States’ planned restriction of investment in key technology sectors in China is expected to have a limited impact on the South Korean economy, but Seoul will closely analyze the measure and …
In data: China’s online shopping boom, e-commerce market hits $2.2 trillion
GlobalData’s analytics revealed that China’s e-commerce market registered 11.9% growth in 2023 to reach CNY15.4trn ($2.2trn), as consumers increasingly preferred online purchases.
China’s Finance Minister says further stimulus policies eyed to boost economy
China’s Vice Minister of Finance, Liao Min, said on Monday that China will step up countercyclical adjustments of its macropolicies to bolster economic recovery in the fourth quarter, which will lay a …
PBC unveils new monetary policy tool to maintain ‘reasonable liquidity’
The People’s Bank of China (PBC), the central bank, on Monday unveiled a new monetary policy tool to keep liquidity reasonable and ample in the country’s banking system, which an analyst said is part …
China launches new lending tool before year-end loan expiry
China’s central bank launched a new lending tool on Monday to inject more liquidity into the market and support credit flow in the banking system ahead of the expiration of trillions of yuan in loans…
Economic crisis forcing China to adjust foreign policy: Ian Bremmer
Ian Bremmer explained why China is showing less willingness to engage in confrontational behaviour and is actively seeking to reduce tensions with key partners.
Goldman Sachs’ 35 meetings in 5 days show China is back on radar after fund purge
What has happened is that Beijing has activated the ‘policy put’, or whatever it takes to rescue the market, Goldman says.
China launches lending tool to inject more liquidity into market ahead of year-end loan expiry
The People’s Bank of China launched a lending tool to pump in more liquidity into the market and support credit flow in the banking system ahead of the expiration of trillions of yuan in loans…
China has confidence to achieve about 5% GDP growth in 2024: Vice Minister of Finance Liao Min
China’s Vice Minister of Finance Liao Min said on Friday during a meeting of the World Bank, according to a statement seen on China’s Ministry of Finance on Sunday. The Chinese government recently has …
China leveraging Laos to link up its Southeast Asian economic interests
China aims to scale up infrastructure construction in uniquely strategic Laos to accelerate trade and investment throughout Southeast Asia as Chinese businesses scout for space to grow offshore, …
