Mastercard Inc and Visa Inc will rely on China reopening to give travel spending a boost, Wall Street analysts said, as the pace of growth in other parts of the world eases from a post-pandemic…
FINANCE
Debt ceiling debate: A gift to China’s grand strategy
The U.S. dollar is the global reserve currency and many nations and individuals hold U.S. government debt as the safest of all investments. As a result, the consequences of a U.S. debt default would …
China to set the pace on green and sustainable finance this year backed by policy support, ESG awareness, bankers say
Greater awareness and a sense of urgency on the need for climate mitigation and other sustainability actions will spur green bond issuances this year ESG bonds issued in Asia ex-Japan are expected to …
German Finance Minister said West must maintain its presence in Chinese market
German Finance Minister Christian Lindner noted that Western countries should maintain their presence in the Chinese market. He also …
No reason to fret over China’s shrinking population with solutions already in the works
As Yuan Yang wrote in the Financial Times recently: “In a post-agrarian China, one no longer needs to have children in order to have hands for the harvest. Financial risk-pooling through a national …
China 2022 GDP was below 3%. How this could affect the world: Report
According to China ‘s National Bureau of Statistics (NBS), the annual GDP growth of the country fell to 3 per cent, much below the 5.5 per cent official target in 2022 and its economic slowdown…
Can China Mend Its Ties With The West?
China is aiming to improve relations with the West, particularly its ties with Europe, which have been hurt by Beijing’s support for Russia throughout Moscow’s invasion of Ukraine …
China’s growth rate in 2022’s final quarter lowest since 2020: Report
China’s growth rate in 2022, barely managed to touch the three per cent mark, the lowest after the 2.2 per cent growth seen during COVID-19 pandemic in 2020, The Singapore Post reported. China’s …
China’s economic slowdown can generate ripple effects across world: Report
The sharp decline in the Chinese GDP growth in 2022 was blamed on a host of factors mainly China shutting itself from the outside world due to zero Covid policy. The slow pace was blamed…
China must solve its population crisis, but not by government diktat
Simply raising the number of children a couple is allowed to have will not change the fact many young Chinese don’t want to have children, and policies that seek to encourage birth must rely on…
Oil up 1% as positive U.S. data, China reopening boosts demand optimism
NEW YORK (Reuters) -Morgan Stanley has imposed financial penalties on employees who used messaging … SYDNEY/SINGAPORE (Reuters) – China’s reopened borders and renewed focus on boosting the sagging …
China Development Bank ups loan support for water conservancy projects
BEIJING – China Development Bank, one of the country’s policy banks, issued 186.4 billion yuan ($27.53 billion) of loans in 2022 to shore up the country’s development in water conservancy. The loans …
China’s property slump is easing, but the relief will be short-lived
For almost two years China’s leaders cracked down on borrowing to build and bet on property, plunging the market into a crisis. Now that the economy has been weakened by the failures of the …
