China’s first bank loan contraction in nearly two decades has fanned fears the world’s No. 2 economy is careening toward a “balance sheet recession” as Japan did decades ago.Most Read from …
FINANCE
China’s Rare Loan Drop Stokes Fears of ‘Balance Sheet’ Recession
China’s first bank loan contraction in nearly two decades has fanned fears the world’s No. 2 economy is careening toward a “balance sheet recession” as Japan did decades ago.Most Read from …
China-U.S. financial group set to meet in Shanghai
A group of senior officials from the administration of United States President Joe Biden departed on Monday for Shanghai for another round of high-level discussions with their Chinese counterparts, to …
Can China’s ‘city of the future’ Xiongan really convince people to swap Beijing life?
Advocates say the site 100km south of Beijing has a lot of potential, but empty streets and buildings suggest this is yet to be realised.
China parries request from all-weather friend Pakistan to reschedule CPEC energy sector loans
A helpless Pakistan is now planning to appoint a local adviser in Beijing to address the re-profiling of Chinese credit to the power sector on a project-to-project basis, says a report in Arab News …
Mercedes go for Beijing Level 4 tests
Mercedes-Benz has obtained approval for Level 4 automated driving testing for designated urban roads and highways in Beijing, China. It had previously obtained approval for Level 3 testing. Markus …
China July new bank loans dip to 260 billion yuan, miss forecasts
Chinese banks extended 260 billion yuan ($36.26 billion) in new yuan loans in July, down from the previous month and undershooting analysts’ forecasts, highlighting weak demand as a prolonged property …
China’s Credit Growth Weaker Than Expected Despite PBOC Easing
(Bloomberg) — China’s credit expanded less than expected in July despite the central government’s monetary easing, during what’s traditionally a weak month for financing activities. Most Read from …
US Financial Officials Head to China After Leaders’ Policy Meet
Senior US and Chinese economic officials will meet for discussions in Shanghai this week, in their first sit-down since China’s leaders laid out their longer-term economic priorities at a …
Beijing admits Hong Kong-flagged ship destroyed key Baltic gas pipeline ‘by accident’
Beijing has admitted that a Chinese-owned ship damaged a critical Baltic Sea gas pipeline running between Estonia and Finland last October, but says it was an accident. The South China Morning Post …
China Market Update: KE Holdings Beats, China “Tech 8” Forms Bullish Pattern
Mainland China had a lackluster day on the lightest volumes in a year, as both Shanghai and Shenzhen continue to sit at support levels. Most Mailand financial news was about the PBOC trying to cool…
Tough-on-China bills could get a vote next month
The House could vote on several China-related measures next month during a so-called China Week, aimed at building bipartisan consensus on how to respond to threats posed by Beijing. — Republicans are …
China’s treasury market rattled as central bank squares off with bulls
Chinese government bonds fell sharply on Monday following a turbulent week in which the central bank started intervening heavily to stem a plunge in long-dated yields even as the economy is struggling …
