Car-finance firms will have to exit the equity-investment business, but will be allowed to expand overseas and to finance add-on products like warranties The China Banking and Insurance Regulatory …
FINANCE
China has abandoned its zero-Covid policy. What will the economy look like in 2023?
As China moves ever closer to fully reemerging from three years of government-imposed Covid isolation and reintegrating with the world, economic expectations are high.
China stocks rise amid optimism about 2023 despite COVID woes
China stocks rebounded on Friday, after dropping in the previous two sessions, as traders looked for bright spots in 2023 amid authorities vowing to support growth.
China central bank makes biggest weekly short-term cash injection since 2019
China’s central bank stepped up liquidity support this week by making the biggest weekly cash injection through a short-term bond instrument since 2019 to help financial institutions smoothly tide …
Stocks Tied to China’s Economy Rally on Easing Restrictions. Should You Bank on the Re-Opening Trade?
Chinese listed stocks on US markets traded broadly higher on Tuesday after Chinese health authorities unveiled plans to lift Covid-19 quarantine requirements on international travellers from the 8th …
China Says It Will Boost Spending in 2023 to Support Economy
China’s finance ministry said Thursday that it would ramp up spending next year to bolster the economy, giving priority to tech advancement and key …
China Vows ‘Appropriate’ Fiscal Expansion To Aid Economic Growth
China vowed to expand fiscal spending “appropriately” next year while “optimizing” policy tools including fiscal deficit and special debt as part of efforts to support the nation’s key strategic …
From China With Love
Xi Jinping said his country and Vladimir Putin’s Russia are friends with “no limits.” The reality is more complicated.
China says it will boost fiscal spending in 2023 appropriately
China will boost fiscal expenditures appropriately in 2023 to support the economy, focusing on tech innovation and key strategic sectors, the finance ministry said on Thursday.The fiscal policy will …
China’s Finance Ministry: Will adjust trade tariffs on some goods from January 1
Citing the tariff commission of China’s state council, the country’s Finance Ministry said in a statement on Thursday, China will adjust import and export tariffs on some goods from January 1. “China …
China’s reopening is a ‘mixed blessing’ and ‘wild card’ for 2023, says OCBC Bank
Vasu Menon of the bank says inflation could be “reignited” after China’s reopening, but on the flip side, the resumption of production and the easing of supply chains could lead prices to fall. For …
China’s COVID surge is spreading — with good and very bad news for the world economy
It would be a gross understatement to say China is ill-prepared for President Xi Jinping’s recent abrupt abandonment of his zero-COVID policy. With a large part of the population inadequately …
Beijing easing to foster Thai growth in 2023
The Federation of Thai Industries (FTI) expects Thailand’s economic recovery to hit the fast track next year, driven by higher tourism revenue and exports following China’s decision to reopen its …
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