China’s central bank is likely to keep its medium-term policy rate unchanged when rolling over such maturing loans on Monday, despite a slew of recent data pointing to faltering economic recovery, a Reuters survey showed.
Recent Posts
World sport returns to China after years of Covid cancellations
China will next week host its first major international sports event since abandoning strict Covid rules, heralding the return of elite competition to the country after more than three years.Women’s tennis will also return to…
China property rebound fizzles, raising risks to economic recovery
High-frequency indicators in recent weeks show momentum in China’s home purchases has fizzled. Read more at straitstimes.com.
Slump in China bank loans, prices raise more worries about recovery, adds pressure on central bank
New Chinese bank loans tumbled far more sharply than expected in April, adding to worries that the economy’s post-pandemic recovery is losing steam and putting pressure on the central bank to ease …
G7 finance heads face tricky trade-off in debating steps to counter China
Finance leaders of the Group of Seven (G7) advanced economies will debate this week the idea of implementing targeted controls on investments to China, which analysts see as a double-edged sword that …
China’s Credit Issuance Slowed, Household Loans Dropped in April
The amount of credit issued in China last month fell sharply from the month before, after strong growth in the first quarter, and household loans contracted for only the fifth time since records began …
Is China Making A Comeback? Chinese Buyers And Sellers Talk Cannes Market Expectations
After three long years of being cut off from the rest of the world due to pandemic travel restrictions, China’s film industry will be out in force at this year’s Cannes Film Festival. As …
EU says China will take advantage of Russian defeat in Ukraine
The EU’s chief diplomat has warned that China will “take geopolitical advantage” of a Russian defeat in Ukraine and that Brussels needs to respond to Beijing’s global ambitions.
Global health says COVID-19 pandemic is over amid virus origin questions
So says the World Health Organization, which made that declaration on May 5. WHO is the sole agency tasked with orchestrating global responses to health threats. And WHO says that while the …
China, Australia Trade Ministers Meet in Beijing to Ease Dispute
China and Australia’s trade ministers will hold their first in-person economic dialog since 2019 on Friday as Canberra hopes to negotiate an end to sanctions on billions of dollars worth of its …
China’s Rising Emissions May Soon Be Eclipsed by Clean Power Push
China’s post-Covid rebound is boosting its world-leading power emissions this year, but rapid deployment of clean technology means they could soon peak, according to a new report.
China, Russia loom large over G-7 Finance Ministers Niigata meeting
The finance chiefs of the Group of Seven (G-7) bloc of wealthy industrialised nations will discuss on Friday ways to beef up resilience in supply chains, so that developing countries can wean off …
China Brand 2023 at a glance
Actors in panda-shaped costumes ride bikes at the Exposition on China Brand 2023 on Wednesday; the expo kicked off in Shanghai on May 10 and will last for five days. [Photo/VCG] …