“While the government has started to provide economic stimulus, we do not yet see any concrete proof it is having the desired effect,” DataTrek said.
Recent Posts
Chamath Palihapitiya says he likes US stocks – with a soft landing looking likely and China’s economy under the cosh
The venture capitalist expects the Federal Reserve to successfully tame inflation without crushing economic growth.
Tesla deliveries could bring upside, with Deutsche Bank flagging China strength
Tesla Inc. is expected to post delivery numbers over the weekend, and one analyst is upbeat that momentum in China will help power growth.
China’s central fiscal deficit stays within budgeted range, pointing to policy continuity
China’s central fiscal deficit stood at 2.65 trillion yuan ($367 billion) in 2022, basically equal to previous year’s budgeted fiscal deficit. Analysts attributed the fiscal deficit control to the …
Pakistan to start work on $4.8bn China-funded reactor “without delay”
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Hong Kong and Shanghai Banking Corporation (HSBC) is the largest bank in China’s SAR. According to a report by Chinese journalist Colin Wu, Hong Kong’s largest bank has reportedly rolled out crypto …
How could the Chinese economic crisis impact Bitcoin and crypto?
Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market.
Hong Kong’s largest bank now offers crypto services
Earlier this month, the Hong Kong Monetary Authority (HKMA) encouraged HSBC, Standard Chartered, and the Bank of China to extend their services to additional crypto exchanges. Conventional banking …
China’s price war favours the cars Beijing is trying to phase out
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The 1,500 drone dragon that danced in the Shenzhen sky
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