BEIJING: The World Bank has sharply slashed its annual growth forecast for China, warning in a report last week that Covid-19 disruptions could further slow recovery in the world’s second-largest …
FINANCE
China shares touch 3-month highs on recovery hopes
China stocks rose to new three-month highs on Wednesday, lifted by strong inflows as investors expect further policy support to fuel a growth rebound, while gains in financial and property firms …
China retail sales slide as lockdowns hit world’s biggest consumer market
We’ll send you a myFT Daily Digest email rounding up the latest Chinese business & finance news every morning. China’s retail sales declined for a third consecutive month in May as lockdowns and mass …
China’s US$20 trillion asset management industry to embrace more diverse products amid revamp, think tank says
Industry’s ability to satisfy residents’ need for diverse allocations is relatively weak, China Wealth Management 50 Forum says The industry needs further development of new categories such as …
‘China’s financial, public commitment helped turn tide on air pollution’
Air pollution levels in India have continued to increase, according to the Energy Policy Institute at the University of Chicago (EPIC)’s Air Quality Life Index (AQLI) released on Tuesday …
Does geopolitics heighten risks of an East-West divide in the financial industry?
HSBC’s potential Asia split may signal that decoupling between the West and China is growing. The ongoing geopolitical tensions–both in Ukraine and in Taiwan–and sanctions imposed due to these issues …
Trump and China
Neither China nor the United States would benefit from a trade war, an arms race, or a military confrontation. So Washington should stick to its cautious, balanced approach — while also showing that …
China’s factories revive in May on unexpected rise in industrial production
Industrial output grew 0.7% in May from a year earlier, after falling 2.9% in April, data from the National Bureau of Statistics (NBS) showed on Wednesday.
China Puts Monetary Easing on Hold With Fed Set to Hike
China’s central bank abstained from cutting a key policy interest rate, avoiding further policy divergence from the US that could add pressure on the yuan. Most Read from BloombergChina Alarms US With …
China Will Test Markets With Biggest Offshore Bond Sale Since 2016
China will launch its largest offshore yuan sovereign bond sale in six years, testing global appetite during a debt market rout and a stream of outflows as global funds offload Chinese government …
China refrains from policy rate cut, defying market expectations once again
Zhang Ming, deputy director of the institute of finance at the Chinese Academy of Social Sciences, said China’s consumer inflation is at an overall controllable level of 2.1 per cent but could be …
China to test market appetite for debt with biggest offshore bond sale since 2016
China’s sale of 7.5 billion yuan (US$1.1 billion) worth of offshore sovereign bonds comes on the same day as the Federal Reserve is expected to consider its biggest interest-rate increase since 1994.
China’s crisis of confidence: has Xi taken a giant leap backwards?
China’s economy is in freefall due to Xi Jinping’s mismanagement, raising the question: can the great power still compete on the world stage?
