Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister Carlos Fernandez Valdovinos said in an …
FINANCE
China pledges financing support for small firms amid weak economic recovery
Chinese ministries, regulators and the central bank on Tuesday pledged more financing support to small businesses, suggesting an urgency among policymakers to revive the private sector amid a flagging …
China is suddenly dealing with another public health crisis: mpox
While the scale is vastly differently than covid, the government is already repeating some of the same mistakes.
China’s Interbank Discount Rate Sank to Yearly Low in July Mainly due to Seasonal Factors
At the end of June, the discount rate on semi-annual and three-month interbank bills issued by state-owned and joint-stock commercial banks sank to 1.4 and 1 percent, respectively. But new yuan loans …
China unveils detailed measures to bolster private economy
BEIJING — China’s top economic planner on Tuesday unveiled a series of detailed measures including tax reductions and cutting red tape to boost the private economy after a general guideline was …
China pledges more loan support to business to spur economy
CHINA has pledged to boost credit to private companies and extend other funding measures to small firms as policymakers seek ways to shore up confidence and support the recovery. Read more at The …
China’s equity capital market witnessing green shoots of activity after summer lull, revival is seen come September: BofA
Equity capital market activity in China is about to see a turnaround in the second half of the year after a deal slowdown over summer, a senior Bank of America official said China, which accounted…
Argentina strikes deal with People’s Bank of China to secure US$1.7 billion in yuan for IMF debt
Currency swap to help Buenos Aires make good on US$2.7 billion owed, with remaining US$1 billion balance covered by Development Bank of Latin America No immediate economic benefits for Beijing, but …
China alters terms of $2.4B Pakistan loan
Pakistan’s finance minister on Thursday said China has rolled over a $2.4 billion loan for the cash-strapped Islamic nation for two years, a move aimed at helping the country overcome one of its worst …
GDP worries, new central bank chief, economic action plans: 7 things you may have missed from China’s economy in July
Unemployment among China’s youth rose further in July, while gross domestic product data indicated a continued uneven post-pandemic recovery Beijing also pledged to build the private economy ‘bigger, …
What experts make of China’s economic slowdown
One Chinese academic suspects that the youth unemployment rate could be double the official tally –– at 46.5%.
Wall Street Cues, Central Bank Outlooks, Beijing Stimulus Measures Lift Asian Stock Markets
Asian stock markets generally gained Monday on Wall Street cues, and possibilities for relative easing by major global central banks, including the US Federal Reserve and the European Central Bank.
China Stops Short of Direct Consumer Support to Spur Economy
China is seeking to boost consumption to spur the economy’s recovery, although the government has stopped short of providing direct fiscal support to consumers and companies to increase spending. The …
