Citigroup Inc.’s head of Asia-Pacific economic analysis at its wealth unit and former chief China economist Liu Li-gang is leaving as the US bank embarked on a fresh round of global job cuts amid a…
FINANCE
“Xi Jinping Thought Power Bank” has gained widespread attention on the internet in China, becoming a viral sensation
In a milestone moment for technology-driven ideological study, Guangming.com, China’s official media outlet, introduced the “Xi Jinping Thought Power Bank” in March 2023. Combining a Bluetooth speaker …
Explainer: China emits fresh signals on building a financial powerhouse
BEIJING, Jan. 18 (Xinhua) — China has sent fresh and strong signals on building itself into a financial powerhouse as part of its efforts to pursue high-quality development of the financial sector.
Citigroup’s Ex-China Chief Economist Exiting as Bank Cuts Jobs
Citigroup Inc.’s head of Asia-Pacific economic analysis at its wealth unit and former chief China economist Liu Li-gang is leaving as the US bank embarked on a fresh round of global job cuts amid a…
China amends rules for c.bank monetary policy committee – state media
BEIJING, Jan 18 (Reuters) – China’s State Council has amended rules for the central bank’s monetary policy committee, the official Xinhua News Agency reported on Thursday. The new rules, effective …
Commentary: Is China’s era of miracle growth over?
China’s economic growth has declined in the last decade, hitting new lows in the post-COVID era. Market-oriented reforms are necessary in reversing this trend, says former economics professor Chen …
China’s war on corruption turns into high wire act
China’s crackdown on corruption is no longer a campaign but a part of its system. After purging nearly 5 million individuals, mostly party officials, over the past 10 years, Xi Jinping this month proclaimed “overwhelming…
What investors are missing on China’s economy
The Chinese economy expanded at its slowest annual rate since 1990, with GDP expanded at a 5.2% pace in 2023. With the Chinese government making efforts to stimulate the economy and ongoing …
China will no longer lift all boats, so investors must place bets carefully, look across Asia: JPMorgan Private Bank
Investors cannot ignore China, but they should be selective about their allocations this year, according to Alex Wolf, managing director and head of investment strategy for Asia at JPMorgan Private …
Dimon Says China Risk-Reward Equation Has ‘Changed Dramatically’
China has been “very consistent” in opening up to financial-services companies, but calculating the potential upside for US firms has become more complicated, according to Jamie Dimon.
Opinion: It’s not time to hit China with financial sanctions — yet
While Congress must move quickly to implement certain measures, such as those addressing risky U.S. outbound capital flows to the PRC, it would be a mistake to push for a full-scale eviction of …
China’s population is shrinking and its economy is losing ground
Official figures released the next day revealed two notable undulations in China’s economic landscape. The country’s population fell in 2023 for the second year running. And its GDP shrank in dollar …
China’s population declines for second straight year as economy stumbles
China’s population shrank for the second year in a row in 2023, marking a deepening of a demographic crisis set to have significant implications on the world’s second largest economy.
