It’s popular for American politicians to talk tough on China. When it’s time to act, though, all they offer is empty posturing and strawmen.
FINANCE
Oil settles lower on China COVID flare-up, recession fear
Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford …
China new bank lending nearly doubles after central bank help
BEIJING (Reuters) -New bank lending in China nearly doubled in September from the previous month and far exceeded expectations after the central bank acted to spur an economy weakened by a property …
China New Bank Loans Nearly Double After Government Help
Chinese banks extended 2.47 trillion yuan ($345.05 billion) in new yuan loans in September, jumping from 1.25 trillion yuan in August, data released by the People’s Bank of China showed on Tuesday.
Beijing rebukes Biden’s export controls
The response follows new rules released Friday that added trade restrictions on companies exporting chips and related equipment to China.
Exclusive-KLA to stop sales and service to China to comply with U.S. export curbs – source
U.S. chip toolmaker KLA Corp will cease offering some supplies and services from Wednesday to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations, a …
China’s home prices likely to keep dropping as investors lose confidence in economy, central bank survey finds
Just 14.8 per cent of respondents in a consumer survey by the People’s Bank of China believe home prices could rise in the fourth quarter of this year ‘Developers and homeowners may have to mark…
China CDS Hit Highest in More Than Five Years – S&P Global Market Intelligence
The cost of insuring exposure to China’s sovereign debt rose to the highest level since January 2017 on Tuesday, data from S&P Global Market Intelligence showed. China’s five-year credit defaults …
HSBC extends Chinese private banking network to lure new digital millionaires
HSBC Global Private Banking has launched its business in the large Chinese cities of Chengdu and Hangzhou, it said on Tuesday, to try to capture a bigger share of the local market as uncertainties …
China’s Central Bank, European Central Bank renew currency swap deal
… People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China. Image Credit: Reuters Beijing: China’s central bank on Monday said that it has …
HSBC expands China private banking network, adds two new branches
HSBC Global Private Banking said on Tuesday it has opened two new branches in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share of China’s wealth market.The bank…
China outshines regional peers for investment banking fees amid slumping markets, economic downturn
Investment bankers raked in US$15.44 billion of fees from China, down 9 per cent from the same period of 2021, according to Refinitiv That was still better than an overall 11 per cent decline in…
As the China divestment movement grows, don’t forget passive investments
When more than 150 American universities divested their assets from South Africa in the 1970s and 1980s, they led the way for a global pressure campaign that helped end apartheid.
