The bid-to-cover ratio for the first tranche of the special bonds was 3.91 times, suggesting solid demand for such bonds …
FINANCE
China’s yuan weakens as dollar rebounds, disappointing data weighs
HONG KONG: China’s yuan eased on Friday as the US dollar rebounded and a flurry of domestic data pointed to weaker retail sales and investment, suggesting the world’s second-largest economy is still struggling for traction.
Putin to push growing Moscow-Beijing trade in China’s northeast
BEIJING – After sealing pledges of a “new era” of strategic partnership with China’s Xi Jinping, Russian President Vladimir Putin on Friday is set to highlight the growing importance of trade near …
China’s factory output jumps as Beijing bets on industry to drive recovery
China’s economy has shown mixed signs of a recovery in recent months, with exports returning to growth in April but domestic sentiment struggling under a deep slump in the property sector.
China Regulators to Discuss Property Aid With Banks Friday
China’s government plans to hold a meeting with key officials on Friday morning to discuss the property market, including a proposal to clear excess housing inventory, according to people with …
High-quality B&R cooperation: Pakistan, China agree to deepen Beijing’s steps
According to a joint statement issued simultaneously in Islamabad and Beijing on Thursday, Deputy Prime Minister and Foreign Minister Ishaq Dar visited China from May 13 to May 16, 2024, at the …
FirstFT: China trade experts urge Xi Jinping to respond with caution to US tariffs
Also in today’s newsletter, Shein switches focus to London IPO, and China’s biggest banks launch first sales of special loss-absorbing debt …
Pentagon warns Beijing about its military ties to Russia, even as Xi and Putin meet
Ely Ratner, US Defence Department’s chief for Indo-Pacific security, expresses “serious concern” in video link with Major General Li Bin of China’s Central Military Commission.
Xi and Putin pledge to develop even closer China-Russia ties in energy and finance
Bilateral trade, an important lifeline to Russia since it invaded Ukraine, is already at a record US$240 billion, with China its largest customer for crude oil.
China Market Update: JD.com & Baidu Destroy Analyst Expectations To The Upside
Asian equities rallied following the US’ soft CPI print, reviving hopes for Fed cuts as the US dollar declined overnight.
The property firm that could break China’s back
Yet China’s leaders have never been able to gain full control … For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money Talks, our weekly subscriber-only newsletter.
Korea, China talk core goods, supply chains in first virtual meeting in two years
The latest meeting is another indication of the thawing relationship between the two countries ahead of the long-stalled trilateral summit, following Korean Foreign Minister Cho Tae-yul’s recent meeting with his Chinese counterpart Wang Yi in…
Putin Meets Xi in Beijing as Russian Forces Advance in Ukraine
A projected increase to Medicare Part B premiums could eat into the raise considerably, says Mary Johnson, a Social Security and Medicare policy analyst. Inflation cooled slightly in April, but the …
