Most Asian markets sank Tuesday as further weakness in China’s economy fuelled worries about the effects on global growth, overshadowing optimism that the United States is winning its battle against inflation and could avoid a…
Recent Posts
Marketmind: China worries keep investors jittery
A look at the day ahead in European and global markets from Ankur Banerjee Markets are still reeling from China’s raft of unimpressive data and with the economic calendar now light, worries over a stuttering…
US falling behind China in tech advancements, Govini report finds
The difference in the pace of technological advancement between the U.S. and China is largely due to accessibility to patents, according to Govini.
China not in deflation zone
The United States is on the edge of an economic recession, the eurozone is already tackling recession and Japan’s growth remains around 1 percent, but China is still growing — four times faster than …
Hong Kong explores smoother cross-border travel with Shenzhen for I&T talent to spur growth of proposed San Tin Technopole
City’s Security Bureau ‘actively’ exploring cooperation with Shenzhen authorities to speed up immigration procedures at crossing points for I&T professionals.
The Man Charged With Steering the Yuan Through China’s Economic Turmoil
Pan Gongsheng has experience in high-stakes tasks, but China’s fragile economy raises new risks.
Xi tells ex-Philippine president Duterte to promote ties with China
China’s President Xi Jinping told former Philippine President Rodrigo Duterte to continue to promote cooperation between the two countries, after bilateral relations cooled with Duterte’s successor seeking closer ties with Washington.
China GDP growth slows in second quarter as COVID-19 reopening boom fades
China said Monday that economic growth slowed in the second quarter as the effects of an initial burst of growth unleashed by the reopening of the economy after COVID-19 faded.
China Evergrande Posts Losses of $81 Billion Over Two Years
China Evergrande Group posted combined losses of more than $81 billion over two years as the world’s most-indebted developer releases its long-delayed results in a bid to resume stock trading and …
China’s floundering economy is a test for Xi Jinping
They showed that the economy grew by 6.3% in the second quarter compared with a year earlier. That looks impressive. But it was slower than expected. And the figure was flattered by a low base…
Morning Bid: Global market outlook bright but China’s clouds darken
Data on Monday showed that the world’s second largest economy grew at a frail pace in the second quarter while China’s Evergrande Group (3333.HK), the world’s most indebted property developer, said it …
S. Korea’s finance chief meets U.S., Chinese counterparts to discuss economic ties
Finance Minister Choo Kyung-ho held separate talks with U.S. Treasury Secretary Janet Yellen and China’s finance chief, Liu Kun, on Monday in Gandhinagar, India, on the sidelines of the G20 Finance …
Analysis: Will China ever get rich? A new era of much slower growth dawns
Zhu Ning, deputy dean at the Shanghai Advanced Institute of Finance, said improving social welfare could make growth rates of 3-4% more sustainable. Koo said China’s problems are more challenging than …
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