(Bloomberg) — China’s stock turnover sank to a new low for 2023 on … Sentiment has continued to cool in recent weeks despite a raft of measures to support financial markets — including the limiting…
FINANCE
Former governor of central bank Zhou Xiaochuan says China can fuel regional growth amid global high interest rates
Global high interest rates make the cost of borrowing higher with China remaining a prime option for funding to fuel growth in the region, and Hong Kong can play a role in the Belt and…
China Slowdown Will Create Winners And Losers In Global Nomy: Euromonitor International
China’s weaker B2B and private consumption growth will hit exporters and retailers Commodity exporters badly affected especially in Latin America and Australia Lower cost of manufactured goods in …
China LGFV Bond Sales Boom Again as Beijing Steps Up Support
China’s local government financing vehicles are staging a comeback in credit markets, with a surge in yuan bond sales as Beijing intensifies efforts to defuse risks from the debt-laden group of …
Marketmind: China Rates Eyed, Oil Hits New High
The Fed will almost certainly keep rates on hold at 5.25% to 5.50%. Rates futures markets are pricing in a 30% likelihood of a quarter point hike in November or 40% chance it will be…
Survey: Companies downgrade China’s importance as overseas investment destination
American companies operating in China view tensions with Washington and other issues as a major hindrance for their businesses.
China reassures assembled multinationals such as Tesla, HSBC as FDI and stocks dip
As concerns mount over disappointing economic figures, Beijing gathers major firms to remind them of its commitment to their continued success.
Mutually assured financial destruction won’t deter China
America’s economic reliance on China won’t prevent a Sino-American War. Indeed, it might even make a conflict more likely.
China battles major capital outflow, yuan under pressure
China’s economy is currently grappling with a significant capital outflow, the largest it has seen in years. This situation is causing major distress to its already struggling currency, the yuan, and …
China’s worst capital outflow in years spells more Yuan pressure
That was the case in the aftermath of a shock currency devaluation in 2015 and during China’s trade war with the US under the Trump administration, when Beijing needed to tighten capital curbs and boost…
WRAPUP 1-China’s cash-squeezed Country Garden faces another dollar coupon deadline
It was not immediately clear if authorities had engineered the support by the two firms, but Beijing has previously bailed out troubled financial firms by roping in state-owned entities to contain broader contagion risk. On…
Foreign investors are shunning Chinese stocks and bonds as Beijing’s economic headache builds
Foreign investors offloaded $188 billion worth of Chinese assets between December 2021 and June 2023, per data from Bloomberg.
China c.bank, forex regulator meet with foreign companies
BEIJING, Sept 18 (Reuters) – China’s central bank and forex regulator on Monday met with foreign financial institutions and companies, including Morgan Stanley, HSBC, Deutsche Bank and Tesla, …
