BEIJING – China is considering allowing homeowners to refinance as much as US$5.4 trillion (S$7 trillion) in mortgages to lower borrowing costs for millions of families and boost consumption.
Featured Posts Title
Meet the British expat finding connection in Shenzhen through maths, family life and park runs
Why holding China accountable for coronavirus is just the tip of the …
US Ally Issues Warning Over China Military Expansion in Pacific
EU lawmakers rebuke China over rare earth curbs before summit
China solar stocks surge as Beijing moves to calm price wars
Trump is threatening tariffs on a Beijing-backed group. What’s got him so worried?
China’s energy dominance in three charts
Recent Posts
China considers allowing refinancing on $7 trillion in mortgages, sources say
Exclusive: Russia payment hurdles with China partners intensified in August, sources say
Some Russian companies are facing growing delays and rising costs on payments with trading partners in China, leaving transactions worth tens of billions of yuan in limbo, Russian sources with direct …
Cheap ‘dupes’ promise Chinese shoppers the quality of brands like Lululemon and Hermes—without the logos
are appearing in closets across China for a fraction of the price. Known in Chinese as “pingti” and Gen Z shopping parlance as “dupes,” their popularity reflects a backlash against brands among …
Republicans Pounding China More Than Democrats In US Election Rhetoric
( MENAFN – Asia Times) Speaking at the Republican National convention in July 2024, Donald trump invoked China 14 times. In a 92-minute address, the former president recycled his widely criticized …
China’s Economic Funk Delivers Gut Punch to Consumer Firms
Sometimes the news can be a gut punch. This week I was bummed to learn that the Taiwanese dumpling chain Din Tai Fung would close a bunch of stores in China, where restaurants are fighting…
China is beating the world at scientific research, think tank finds
Could monopolise 24 key techs if current trends continue Think Tank the Australian Strategic Policy Institute (ASPI) has released an update to its Critical Technology Tracker, revealing that China …
‘Parallel tracks’ seen in US trade policy on China
“There exist two parallel tracks when you think of the US and China. The political track is filled with all kinds of negativity from the US,” he said. “Whether it be tariffs, other forms of…
Financial institutions Taking Actions to Guide Capital towards Green and Low-carbon Industries in China
China has demonstrated stepped-up efforts to ramp up green transition in all areas of economic and social development and to promote relevant financial instruments, such as green equity financing and …
Lingyun Xiang has been appointed as the “Special Appreciation on China-Gabon Economic and Trade Promotion” by the Republic of Gabon
On August 21, 2024, Professor Lingyun Xiang, a US-based economist, was appointed by Baudelaire Ndong Ella, the Ambassador Extraordinary and Plenipotentiary of the Republic of Gabon to China, as “the Special Appreciation on China-Gabon Economic…
China’s time-honored brands catch up with latest trends
Originating in Suzhou, Jiangsu Province in east China, Daoxiangcun flourished in the capital during the late Qing Dynasty (1644-1911) and has survived the test of both time and great social changes …
Firms from NW China’s Gansu eye global links at China Intl Supply Chain Expo
A roadshow for the second China International Supply Chain Expo (CISCE) kicked off in Lanzhou, capital of northwestern China’s Gansu province, on August 28. Ten companies from Gansu signed up for the second CISCE.
China launches $8 tour to hometown of Olympics diving champion Quan Hongchan
Travel agencies have introduced one-day tour packages to Maihe Village in China’s Guangdong province, the hometown of Olympics diving gold medalist Quan Hongchan.
China’s interest rate reform will be ‘arduous, long’ process
China’s central bank wants to shift its policy framework to target the cost of credit rather than its size, but liquidity risks and uncooperative markets are making it difficult to transition the …
ADVERTISEMENT
