China’s positive fiscal policies have been mostly having two tools in recent years, policies to cut taxes and fees to ease companies’ burden and stimulate the market and large-scale special local …
FINANCE
China State Banks Seen Selling US Dollars to Prop up Yuan -Sources
SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on Tuesday, three people with …
Nio helps lead strong China stock rally amid upbeat economic commentary, while Alibaba shares get a lift
U.S.-listed shares of Chinese stocks were getting a lift Monday after reports of upbeat economic commentary from the government.
China-Africa relations: Wang Yi pledges Beijing will help Ethiopia recover and boost ties with Kenya and Nigeria
China’s top diplomat makes a surprise stop in Addis Ababa and says Beijing is ‘willing to play a positive role in easing Ethiopia’s debt pressure’.
China vows to ‘adjust and optimize’ property policy in ‘torturous’ economic recovery
China’s leaders also pledged to “actively expand domestic demand … It also deems “necessary” the strengthening of financial supervision and the steady reform of high-risk small and medium-sized …
China property stocks slump as liquidity fears revive
The Hang Seng Mainland Properties Index lost 6.4% to trade at an eight-month low amid renewed investor concerns over China’s beleaguered real estate sector.
If the US is serious about countering China, why does it ignore Africa?
The Development Finance Corporation, Department of Commerce, and State Department should be in overdrive to get American business into Congo. If they try, they may find an open door while China is …
Analysis-China’s pitch to foreign investors falls flat as incentives dwindle
China is struggling to revive foreign investment in its financially battered cities and provinces as foreign firms remain wary of political risks and new incentives fall far short of sweeteners once …
China c.bank sells cash deposits at record low, more easing seen
The People’s Bank of China (PBOC) sold 60 billion yuan ($8.35 billion) worth of finance ministry one-month deposits 75 basis points lower than the previous auction in May. “(Commercial banks’) deposit …
China central bank issues draft rules on its data security management
China’s central bank issued draft rules on data security management for the bank’s own operations on Monday, as Beijing tightens its grip on data usage and security amid rising geopolitical tensions …
China c.bank issues draft rules on its data security management
China’s central bank issued draft rules on data security management for the bank’s own operations on Monday, as Beijing tightens its grip on data usage and security amid rising geopolitical tensions …
China central bank sells cash deposits at record low, more easing seen
SHANGHAI/SINGAPORE: China’s central bank sold cash deposits at 2%, the lowest on record, pressured by reductions …
Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times
International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January. That’s according to CNBC analysis of the …
