Authorities are seeking to support economic growth without triggering financial instability. Lowering interest rates to prop up the slowing economy could further widen China’s monetary policy against …
FINANCE
The week in review: China data disappoints
China’s National Bureau of Statistics revealed October’s economic activity data this week, with key indicators below market expectations. Retail sales were worth Rmb4.03tr ($564.6bn) in October, down …
China should set 2023 economic growth target no lower than 5% – central bank adviser
BEIJING (Reuters) – China should set its economic growth target no lower than 5% for 2023, Liu Shijin, a policy adviser to its central bank, said on Friday. The world’s second largest economy grew …
China Eases Cash Injections as Government Bonds Steady
China dialed down its short-term cash injections to the banking system, as the government bond market steadied following this week’s steep losses. The People’s Bank of China added a net 9 billion yuan …
China debt: local government ‘land grabs’ raise concerns amid tumbling fiscal revenues
according to two reports this month by the National Institution for Finance and Development (NFID), a Beijing-based think tank. Revenues from land sales took a steep plunge in the third quarter of …
China’s ODI sees growth in first 10 months of the year
China’s non-financial outbound direct investment, or ODI, rose 10.3 percent year-on-year to 627.4 billion yuan during the first ten months of the year, the Ministry of Commerce said on Thursday. In US …
What it’s like returning to China’s zero-COVID bubble
China makes this trip hard because its borders are officially … approachable way. We rely on your financial support to keep making that possible. Your donation today powers the independent …
America should rethink its economic war on China
Just days before the White House released the U.S.’ new National Security Strategy in October, President Joe Biden’s administration announced sweeping export restrictions aimed at stopping China from …
Financial firms’ exposure to China dips to record low
Taiwanese banks and life insurers have reduced their exposure to China to a record low due to the COVID-19 pandemic, economic uncertainty and a declining property market, data released by the …
China to help Indonesia build digital economy as e-commerce sweeps archipelago
Indonesia is looking to bring greater internet connectivity to hundreds of remote islands, and new joint projects with Chinese companies could be a boon for online retailing in the Southeast Asian …
Caixin Summit: China, U.S. Should Cooperate Like They Did During Global Financial Crisis, Summers Says
China and the U.S. stand to lose from a global recession and from enraging the other country, former U.S. Treasury Secretary Lawrence Summers warned at the 13th Caixin Summit on Thursday. A situation …
Gaming Demand, China Concerns, Data Center Records: 5 Nvidia Analysts Have Mixed Reactions To Q3 Earnings
Technology giant NVIDIA Corporation (NASDAQ:NVDA) beat revenue estimates from analysts and came up short on earnings per share, according to its third-quarter financial results. Raymond James analyst …
China’s Xi says Asia must not become arena for ‘big power contest’
A missile that hit Poland and killed two people was probably a stray fired by Ukraine’s air defences and not a Russian strike, Poland and NATO said on Wednesday, easing global concern that the war…
