China’s central bank will extend a year-end deadline for lenders to cap their ratio of property sector loans, one of the strongest moves yet by Beijing to relieve pressure from the credit crunch …
FINANCE
China’s 16-Point Plan to Rescue Its Ailing Property Sector
China’s sweeping rescue package to salvage its real estate market is detailed in a 16-point playbook for finance officials across the country.
China Regulators Urge More Financing Support for Property Firms -Sources
Chinese regulators have asked financial institutions to extend more support to property developers to shore up the sector, two sources with direct knowledge of the matter said on Sunday. A notice to …
Blackrock shelves China bond ETF – FT
Blackrock Inc has put off the launch of an exchange traded fund (ETF) that invests in Chinese bonds, amid growing tension between Washington and Beijing, the Financial Times said on Saturday.
China says it will continue fine-tuning COVID measures
China will keep fine-tuning its steps to control COVID-19 as it tries to minimise infections and serious cases, officials said on Saturday, a day after surprise announcements to lessen the impact of a …
Yellen Unfamiliar With New China Economy Heads, Policy Direction
Treasury Secretary Janet Yellen said President Xi Jinping’s consolidation of power in China had brought uncertainty over the direction of economic policy in that country, making it important to …
China’s low birth rate being hit by sky rocketing costs associated with weddings
Chinese communist party officials are concerned about the high costs associated with getting married. Authorities are worried that any drop in the wedding rate will further damage the country’s …
China says it will continue fine-tuning Covid measures as cases spike
The authorities announced the moves, cheered by financial markets, despite a surge infections to their highest since late April.
Estee Lauder’s stock jumps as China loosens Covid rules, in line with Club investment case
Shares of Club holding Estee lauder (EL) climbed higher Friday after China relaxed Covid-19 restrictions for international travelers. The move validated our prediction that the cosmetics giant would …
China’s zero-COVID policy has been ‘re-characterized’: Strategist
KraneShares Chief Investment Officer Brendan Ahern joins Yahoo Finance Live to discuss the rise in Chinese stocks following the easing of China’s COVID-19 restrictions and the singles’ day event.
China eases some travel requirements in move welcomed by markets, even as it counts 10,000 new COVID cases in a day
China counted more than 10,000 fresh COVID cases on Friday sparking further restrictions on movement, but also eased some travel requirements …
China proposes new rules on banking sector bankruptcy
BEIJING (Reuters) – China’s banking institutions could apply to a court to be declared bankrupt under rule amendments proposed by China’s banking and insurance regulator on Friday. The watchdog’s …
EMERGING MARKETS-Stocks rejoice as China eases COVID curbs, U.S. inflation cools
Emerging market stocks soared 4.8% on Friday, heading for their best week in two years, as China eased some COVID curbs and soft U.S. inflation data cooled bets of another super-sized interest rate …
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