The plan would mark a major step-up in authorities’ efforts to put a floor under China’s property crisis. Read more at straitstimes.com.
FINANCE
China Credit Market Calm Belies Risks From Property Debt Crisis
But any flareups from the property debt crisis could again dent sentiment. Country Garden Holdings Co. was recently declared in default for the first time on a dollar note. China Evergrande Group …
AidData releases extensive report on China’s overseas development finance program
Nov. 6, the AidData research lab at the College of William and Mary released a comprehensive report titled “Belt and Road Reboot: Beijing’s Bid to De-Risk its Global Infrastructure …
U.S. and China Relations Have Hit a New Normal. Here Are the Risks.
The annual report by the U.S.-China Economic and Security Review Commission outlined 30 suggestions for Congress.
China’s bold fiscal move presents opportunities for investors
A growing middle class, improving geopolitical situation and fundamentally sound companies all suggest there are investment opportunities to be found in China. China has taken a significant step in …
Exclusive: China orders local governments to cut exposure to public-private projects as debt risks rise, sources say
China has ordered its local governments to halt public-private partnership projects identified as “problematic” and replaced a 10% budget spending allowance for these ventures with a vetting mechanism …
China cbank set to boost liquidity injection Wednesday but keep rate unchanged
SHANGHAI/SINGAPORE : China’s central bank is widely expected to boost its liquidity injections but keep the interest rate unchanged when it rolls over maturing medium-term policy loans on Wednesday, a …
Funds bet on ‘cheapness’ history, Beijing policy spark to reverse US$140 billion rout in Chinese stocks
Fund manager Cambridge Associates is banking on history repeating itself. Valuations of Chinese stocks are back to late-2018 levels, a possible springboard for a big, fast market rally.
Weak China equals US opportunity, end daily White House press briefings and other commentary
China’s weakening economy offers an opportunity to win meaningful changes in Beijing’s policies,” argues Thomas J. Duesterberg at The Wall Street Journal. But “it will take a hard-line …
This is China’s economic reckoning
There’s a real risk that China is heading down the same path as Japan did in its “lost decade”. This expert says there’s one way to stop it.
Jumpstarting an economy through auto finance
China’s top financial regulator is urging lenders to help consumers — especially college graduates — buy more cars.
China beefs up support for real economy
BEIJING: China’s policymakers leverage financial resources to support small and medium enterprises (SMEs), scientific and technological innovation, and green development, thereby boosting economic …
Ransomware Attack On China’s Biggest Lender ICBC Rattled Wall Street, Halted Trades
The U.S. branch of the Industrial and Commercial Bank of China (ICBC) was hit with a ransomware attack last week that rattled Wall Street, halted Treasury trades and raised concerns about the Treasury …
