So, people were not very confident that Foxconn is a serious player. And secondly, Vedanta itself is going through a lot of financial issues. They do not have the wherewithal or the funding to be…
FINANCE
China’s Economy Is Slowing. Here’s Why that Matters
This was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back to help power global growth. Instead, it’s facing a confluence of problems: Sluggish …
China’s $77 Billion Bank Rout Shows Who Pays Price for Rescues
Investors in Chinese bank stocks are getting a painful reminder of who’s likely to bear the brunt of government efforts to shore up the embattled real estate sector and revive economic growth.
Yellen offers no concessions in economic push against China
One of her central aims was to promote the fiction that the widespread technology bans are only related to possible military use and not aimed at crippling Chinese economic advances in this area.
Stress Is Building in China’s $12 Trillion Onshore Credit Market
The chairman of the country’s second-largest builder, China Vanke Co., called the housing market “worse than expected” as he joined a chorus of voices darkening on the sector. June sales among the 100 …
China inflation: 3 takeaways as deflation risk rose in June
China’s consumer price index (CPI) hit its lowest growth reading since February 2021 in June, while the producer price index (PPI) reached its lowest point since December 2015, data released on Monday …
China central bank extends policies for financial support of real estate market
China’s central bank on Monday extended until the end of 2024 some policies in a November rescue package to shore up the real estate sector, with current supports for the sector failing to gain …
Goldman Analysts’ Bearish China Bank View Draws Fresh Rebuke
A bearish research report on Chinese banks by Goldman Sachs Group Inc. has drawn fresh criticism from a major lender and one of the nation’s largest macro hedge funds after receiving a backlash from …
Major lender China faces ‘debt bomb’ at home: Report
China which has lent nearly 1 trillion USD to some 150 developing countries is itself facing a ‘debt bomb’ at home, compelling Beijing to be reluctant in cancelling large debts owed by countries …
China C.bank extends policies for financial support of real estate market
China’s central bank on Monday extended its policies to support the real estate market to the end of 2024. The aim is to increase financial support to ensure home delivery, the People’s Bank of China…
Goldman Analysts’ Bearish China Bank View Draws Fresh Criticism
A bearish research report on Chinese banks by Goldman Sachs Group Inc. has drawn fresh criticism from one of the nation’s biggest lenders after receiving backlash from a state media.
China wants US to take action over trade concerns
Beijing conveys concerns over economic sanctions to US Treasury chief during her maiden 4-day visit to China – Anadolu Ajansı …
Chinese women economists who met Janet Yellen on Beijing trip called traitors and ‘American spy’ online
While the Treasury department skipped identifying attendees from the meeting on Saturday, a group photograph of the gathering posted to China’s Twitter-like Weibo was used to identify some …
