In this new era of strategic competition between China and the West, disengagement is the order of the day. While this trend will impede economic growth, increase business costs (via supply-chain …
FINANCE
China’s central bank stresses importance of financial support for real economy
China’s central bank on Wednesday said that it will build an effective mechanism to provide financial support for the real economy.
Nike’s China Challenges Cloud Financial Analysts’ Outlook
Goldman Sachs said it downgraded Nike in part due to “the potential for continued Greater China Covid interruptions.” …
Manulife bids for full control of China fund JV, lured by $3.8 trln mkt-sources
Canada’s Manulife Financial Corp moved a step closer towards taking full control of its funds joint venture in China after regulators there accepted an application for the ownership change, two …
Global Views of China Dim on Human Rights Issues, Pew Finds
Negative views of China remain near an all-time high in many of the 19 countries recently surveyed by Pew Research Center, largely due to its record on human rights.
China Cracks Down on Top Bank Salaries
Chinese President Xi Jinping has said a goal of the common prosperity plan is to encourage people with high incomes to “return more to society.” …
China silencing market analysts who bring to light country’s catastrophic economic downturn
The accounts of a famous market analyst on Chinese social media have been deactivated after he highlighted the country’s catastrophic economic downturn and the consequences of government policy on the …
Hong Kong-China ETF Connect set for launch on July 4
The launch date and eligible funds were announced by Hong Kong’s Securities and Futures Commission and the China Securities Regulatory Commission on June 28. The ETF Connect aim …
China’s central bank seen supporting credit rather than cut rates
China’s central bank “will continue to be accommodative to support economic recovery in an aggregate sense,” as the Chinese economy faces “some downward pressure,” People’s Bank …
China’s central bank to step up policy implementation to spur growth
China’s central bank said on Wednesday it will step up the implementation of prudent monetary policy and keep liquidity reasonably ample, in a bid to support the slowing economy.The People’s Bank of …
China to extend tariff exemptions on some U.S. products
China will extend tariff exemptions on some imported products from the United States until Feb. 15 next year, the finance ministry said on Wednesday.
China’s Central Bank Emphasizes Jobs and Controlling Inflation
The People’s Bank of China emphasized it will stabilize jobs and inflation in its quarterly report, reaffirming that monetary policy will provide stronger support to the real economy.Most Read from …
Press conference on reform and development of China’s financial sector since the 18th CPC National Congress
Welcome to this press conference held by the Publicity Department of the CPC Central Committee. This is the 10th press conference under the theme of “China in the past decade.” Today, we’re very glad …