The West might be hoping domestic economic strains facing China will curb its appetite for global competition … akin to the spending it delivered to tackle economic downturns in 2015 and the global …
FINANCE
US Urges Action on ‘Generational’ Debt Risks, Calls Out China
The world’s largest creditors should take coordinated and decisive action to address the “generational challenge” of poorer nations struggling with unmanageable debt burdens, a top US Treasury …
China’s Moderately Expansive Fiscal Stance Boosts Economic Recovery
On balance, such a moderately expansionary fiscal stance will help drive economic recovery. But given ongoing policy focus on resolving risks associated with the property sector, local government debt …
Top China Banker Steps Down After Brother Becomes Markets Chief
The president of China International Capital Corp. has relinquished his post two months after his brother was named as the head of the country’s top markets regulator.
China’s economy hit by huge new blow as credit rating slashed by major agency
A ratings agency has slashed China’s debt outlook from stable to negative, adding that Beijing will continue to grow its financial woes as the country looks to move away from its dependence on the …
China stocks wobble on weak CPI; Hong Kong snaps 3 days of gains
The sub-index of the Hang Seng tracking energy shares rose 0.9%, while the IT sector climbed 0.07%, the financial sector ended 0.37% lower and the property sector dipped 1.05%. ** Around the region, …
China sanctions 2 U.S. companies over ‘support for arms sales to Taiwan’
It wasn’t immediately clear what, if any, assets the companies have within China, which remains heavily reliant on foreign aerospace technology even as it attempts to build its own presence in the …
China Vanke shares, bonds fall after rating cut and government probe
China Vanke’s shares and dollar bonds dropped on Thursday after S&P stripped its investment-grade status and the developer confirmed reports that an executive was being investigated, adding to woes …
China’s state is eating the private property market
China’s private homebuilders are masters of supply chains … For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money Talks, our weekly subscriber-only …
An OpenAI investor says TikTok is China’s ‘programmable fentanyl,’ a CCP-controlled tool used to manipulate US citizens
“TikTok uses an algorithm powered by advanced artificial intelligence. And it is in the hands of the CCP,” says early OpenAI backer Vinod Khosla.
China says economy ‘stable’, rejects downgrade
China’s Finance Ministry denounced a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative, saying Wednesday that China’s deficit is at a moderate and …
China blasts negative item in debt report
China’s Finance Ministry denounced a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative, saying Wednesday that China’s deficit is at a moderate and …
CICC’s President, CFO Leaves Chinese Investment Bank After Half a Year
After an organizational reshuffle around the fourth quarter of last year, Wu Bo was named CFO and president of CICC in September and October last year, respectively. Wu worked for CICC for 20 years.
