Shares China Large-Cap ETF is a proxy for Chinese stocks, which have crashed in the last few days. See why I expect FXI to perform very strongly looking forward.
FINANCE
China arrests Tian Huiyu, disgraced former CMB president, following Xi Jinping’s pledge of zero tolerance for corruption
Tian Huiyu has been arrested on suspicion of “taking bribes and abusing power”, according to Chinese state-owned broadcaster CCTV, citing the country’s top prosecutor.
China stocks rebound on hope of slower rate rises; COVID lockdowns trim gains
HONG KONG — China stocks had a strong start on Wednesday on hopes that the United States might slow its aggressive interest rate rises but the optimism was partially offset by new COVID-19 lockdowns …
China fiscal deficit balloons to nearly $1 trillion as economy cools
China’s fiscal deficit ballooned to an all-time high of nearly $1 trillion in the first nine months of the year, analysis of government data by Bloomberg showed, as a real estate crisis and tax …
China budget deficit nears record US$1 trillion amid slowdown
China’s broad fiscal deficit hit an all-time high in the first nine months of the year as Covid-19 outbreaks and a housing market slump continue to erode government income.
China seeks to promote development of private businesses with more loans
Chinese national flags fly in a street as the 20th National Congress of the Communist Party of China continues in Beijing0, 2022. REUTERS/Thomas Peter …
How Xi Jinping Can Make China’s Markets Investable Again
The president stacked his inner circle with loyalists, spooking international investors who swiftly dumped the nation’s assets.
Xi Jinping provokes a spectacular sell-off in China’s markets
The future of China’s markets will thus be determined by the tug of war between value and values. For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money…
It looks like China’s Xi ‘installed a war cabinet’ and removed the reformers, says Kyle Bass
Hayman Capital’s Kyle Bass says China’s Xi Jinping installed a “war cabinet” and removed all the “reform and opening” people.
China raises key parameter to facilitate cross-border financing
File photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang) BEIJING, Oct. 25 (Xinhua) — China on Tuesday raised a key parameter in its …
Britain’s new prime minister will raise hopes in Beijing and concerns in Washington
Less than two months after losing a Conservative Party leadership election, Rishi Sunak is Britain’s new prime minister. Sunak will end Liz Truss’ record-short premiership, which imploded after a …
China’s central bank vows to maintain reasonable credit growth
China’s central bank and the State Administration of Foreign Exchange should maintain a reasonable credit growth and stabilise the macro economy, the People’s Bank of China said in a statement on …
Markets get stark reminder that China is a Communist dictatorship
Global capital fled China en masse Monday in the aftermath of Xi Jinping’s quasi-coronation as the sole power in charge of China. Why it matters: Market moves suggest investors were surprised by the …