China’s financial data exceeded expectations in June. But experts still believe that supporting fiscal and monetary policies should be enhanced to counter the slowing economic recovery and boost …
FINANCE
China’s Recovery Is Struggling. There’s an Upside for the Fed.
China’s economy is struggling to stave off deflation. There’s a silver lining for sticky inflation elsewhere, writes.
China’s economy needs swift action to avert local government debt disaster
Together with a forceful stimulus to revive growth, a smart approach to defuse China’s local government debt bomb could go a long way towards reducing systemic risks of the financial system, lessening …
China June New Bank Loans Jump More Than Expected on Policy Support
Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang//File Photo …
China extends some policies to support its troubled property market
China has extended some policies to bolster its ailing property market, as the country struggles to reignite economic growth.
China’s search engine pioneer unveils open-source large language model to rival OpenAI
Sogou founder Wang Xiaochuan said on Weibo that “China needs its own OpenAI.” The Chinese entrepreneur is now inching closer to his dream as his nascent startup Baichuan Intelligence rolled out its …
China’s June new bank loans jump to 3.05 trln yuan, beat forecasts
BEIJING, July 11 (Reuters … Broad M2 money supply rose 11.3% in June from a year earlier, according to central bank data on Tuesday, above the poll’s estimates of 11.2%. M2 expanded by 11.6% in…
Conflict with Beijing cost Chinese tech giants billions Bloomberg
Ant Group and Alibaba collectively lost more than 850 billion over the past three years the news outlet reports Chinese tech giants Ant …
Chinese real estate stocks rise as Beijing extends property support measures
The move encourages financial institutions to continue deferring loan payments, while propping up financial support for real estate enterprises …
Property stocks spur Hong Kong market rebound as Beijing nudges banks to aid stressed developers while hedge funds return
China asks onshore lenders to extend loan maturity by a year for stressed developers to help them finish projects, deliver homes on time Hedge funds were seen buying back Chinese stocks to cover their …
China’s $103.5 billion bank rout shows who pays price for rescues
A Bloomberg Intelligence stock index of Chinese lenders has tumbled 14 per cent from this year’s high in May. Read more at straitstimes.com.
China property shares rise on financial support policy
Shares of Chinese property developers rose on Tuesday after Chinese regulators extended some policies in a rescue package introduced in November to shore up liquidity in the real estate sector. The …
China needs to do a lot more to move commodity demand: Rakesh Arora
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…
