Beyond the amount of any fiscal package, the target of support will indicate where the government looks to steer its economy after years of debt-fueled expansion through investment, particularly in real estate and infrastructure.
Featured Posts Title
Explainer – Russia, China, Taiwan and Japan’s World War Two legacy dispute
Shifting US alliances push rivals China and India together
China’s wealthy brace for a widening tax net as Beijing closes in
Explainer-how China’s oil majors helped Beijing prepare for an energy crisis
In a Club of Emerging Powers, China and India Vie for Influence
China-Philippines tensions simmer after Beijing rebukes Manila over Seoul clash
Night view of Shougang Park in Beijing
Recent Posts
China may unveil $283 billion in new stimulus this weekend
Asian shares set for first weekly loss in five, China stimulus eyed
Asian shares were headed for the first weekly loss in five as the stunning rally in Chinese shares took a breather, although all eyes are on the details of the much-anticipated fiscal stimulus from Beijing…
An ex-judge from mainland China is set to take Macao’s top job. What’s at stake for the casino hub?
Some 400 pro-establishment electors are set to approve the sole candidate for Macao’s chief executive job on Sunday, making him the Chinese casino hub’s first leader born in mainland China.
China investors expect $369 billion of new stimulus this weekend
BEIJING – China may deploy as much as 2 trillion yuan (S$369 billion) in fresh fiscal stimulus as Beijing seeks to shore up the world’s No. 2 economy and boost confidence, investors and analysts said.
Beijing aims to improve lives of seniors, disabled
Beijing has rolled out a set of welfare measures for elderly people age 80 and above, as well as those who are younger but have disabilities or dementia, as part of the city’s efforts to…
How China’s crackdown turned finance high-flyers into ‘rats’
Now I think about it, I definitely chose the wrong industry.” Xiao Chen*, who works in a private equity firm in China’s financial hub, Shanghai, says he is having a rough year. For his first…
China’s exports likely slowed further in September as global demand cools
China’s exports are likely to have risen at the slowest pace in five months in September, suggesting manufacturers are no longer rushing out orders ahead of tariffs from several trade partners and …
A New Era of Solar Observation: Harnessing Daily Data to Protect Earth from Solar Storms
Scientists have developed a method for near-daily measurements of the Sun’s global coronal magnetic field, crucial for understanding solar storms that affect Earth. This breakthrough, using the …
Young African entrepreneurs eager for Chinese knowledge
Xu Huiying, executive vice president of the Shenzhen Electronic Chamber of Commerce, said she was deeply impressed by the strong drive she saw in the young African entrepreneurs, as well as their …
Traders hold high hopes for Beijing’s ‘second chance’ stimulus bazooka
Financial markets are on tenterhooks waiting for China’s announcement this weekend that could reignite a rally in stocks and commodities.
After raising $50m for its US IPO in 2021, Kuke gets sued by classical music group Naxos for alleged $1.8m in missed payments
Indie classical music label group Naxos has sued Kuke, a classical music streaming service from China, alleging that Kuke has failed to make more than $1.8 million in payments over the past three …
Severe solar storm arrives at Earth
The coronal mass ejection (CME) erupted from the sun Tuesday evening, and arrived at Earth at 11:15 a.m. Eastern Time Thursday at nearly 1.5 million miles per hour (2.4 million kilometers per hour), …
The U.S. leads on chips, but China has an underrated advantage in the race to adopt AI
Who will win the AI arms race? The U.S. is clearly miles ahead of China when it comes to the sophistication of its chips. But an Nvidia processor is only part of what’s needed to…
ADVERTISEMENT
