The rise in the U.S. 10-year Treasury yield to three-year highs has erased its gap with its Chinese counterpart, something that hasn’t happened since 2010.
FINANCE
Caught In The Crossfire Of U.S.-China Tech War, American Venture Capital Strives To March Forward
Venture capitalists are now being forced to become political analysts, but Gary Rieschel of Qiming Venture Partners still sees reasons for optimism.
China Confirms It Will Build Extra Coal Mine Capacity This Year
China’s cabinet has confirmed that the addition of an extra 300 million tons of coal mining capacity will happen this year, a blow to shippers already contending with weaker Chinese imports.Most Read …
Caution Prevails Among China Stock Traders as Policy Disappoints
Chinese stock traders are losing enthusiasm over hopes of a rebound, key market data show, as policy stimulus falls short of expectation while the economy remains mired in a Covid Zero trap. Most Read …
China Matters features the living heritage of Miao Embroidery in Guizhou
Tucked in southwestern China’s complex terrains and one of the China’s four major plateaus, Guizhou province is home to dozens of minority groups. One of the largest is the Miao ethnic group.
CMB: Leading China into a new era of wealth management
Private banking in China is entering a new era of growth and development. Wang Yanrong, general manager of private banking at China Merchants Bank – Euromoney’s Best Overall Private Bank in China – …
Financial innovation will help boost mass consumption
China should give full play to the role of financial policy in stimulating household consumption. Consumption contributed 65.4 percent to China’s economic growth in 2021. To meet young people’s …
Divided views on geopolitical impact for China
The jury is out on whether Chinese equities are at risk over the long-term from an enduring conflict in the Ukraine, with disparate views between fund managers. Antipodes believed Chinese equities …
UPDATE 1-China c.bank urges more support for contact-intensive service sector
BEIJING, April 20 (Reuters) – China’s central bank and insurance regulator urged financial institutions to step up support for the contact-intensive service sector and small firms impacted by COVID-19 …
World Bank sees economies reducing dependence on Russia for energy, on China for supply chains
World Bank President David Malpass on Wednesday said he expects a “strong effort” by major economies to reduce their dependence on Russia for energy supplies and China for supply chains, although …
Here’s how China is supporting its Covid-stricken economy
To limit the disruption to the economy though, Beijing is taking a number of supportive steps, from central bank aid and tax cuts, to measures that allow factories to keep running. With outbreaks in …
China to accelerate VAT credit rebates for small firms – finance ministry
China’s finance ministry and tax regulator on Wednesday said they will accelerate Value Added Tax (VAT) credit rebates for small firms.
China central bank urges more support for contact-intensive service sector
China’s central bank and insurance regulator urged financial institutions to step up support for the contact-intensive service sector and small firms impacted by COVID-19 outbreaks.Financial support …