China’s central bank unexpectedly cut key policy rates for the second time in three months on Tuesday, in a fresh sign that the authorities are ramping up monetary easing efforts to boost a sputtering …
FINANCE
China’s Central Bank Cuts Two Key Policy Rates
China’s central bank cut two key policy rates, signaling that the country’s benchmark lending rates will fall later this month.
PBOC Adviser Says China Urgently Needs to Boost Consumption
An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption, comments that come as an economic recovery falters.
Beijing Tries to Regulate China’s AI Sector Without Crushing It
Beijing is poised to implement sweeping new regulations for artificial intelligence services this week, trying to balance state control of the technology with enough support that its companies can …
Marketmind: China Data Deluge as EM Turmoil Deepens
financial markets columnist. As waves of volatility crashed over emerging markets on Monday, most notably in Argentina and Russia, the focus on Tuesday once again returns to the root of much of the deeper anxiety…
China-Led Economic Group Pushes Forward With Plans To Topple American Dominance
The top two issues during the August 22-24 Brics meeting are a possible expansion of the group and the oft-discussed but mostly elusive idea of creating
Heard on the Street Recap: China Spillover
China’s economy is looking increasingly vulnerable. Chinese stocks fell in Hong Kong and mainland China on Monday, with real-estate developers, electric-vehicle manufacturers and other companies in economically sensitive sectors declining the most.
Contagion fears spread as China property sector cash crunch intensifies
China’s largest private real estate developer Country Garden is seeking to delay payment on a private onshore bond for the first time, the latest sign of a stifling cash crunch in the property sector,
China finance giant’s missed payments alarm regulators and markets
Task force set up after a unit of Zhongzhi Enterprise, one of nation’s top wealth managers, missed payments on multiple high-yield investment products …
Tesla slashes prices again in China for some Model Y SUVs
Despite the truce, it seems Tesla needed to cut prices again in order to boost sales, where deliveries slumped 31.4% to 64,285 units in July, according to data published by China’s Passenger Car Association (CPCA).…
Dollar hits highest in more than a month on China economy concerns
The U.S. dollar hit more than a one-month high on Monday as investors sought a safe haven due to concerns about China’s economy, and traders braced for possible Japanese government intervention after the yen hit…
China’s ‘inevitable collapse’ makes it a ‘far, far scarier’ enemy: Ben Shapiro
Wire Editor Emeritus Ben Shapiro says China’s ‘current regime is on shaky footing’ and ‘they are likely to get very aggressive’
China will challenge the US Navy for global dominance
As China’s global ambitions grow, so too does speculation as to where Beijing might establish permanent overseas naval bases, and what the implications will be for everyone else.Commercially, China dominates the world’s seas.
