China’s government plans to hold a meeting with key officials on Friday morning to discuss the property market, including a proposal to clear excess housing inventory, according to people with knowledge of the matter.
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China to Discuss Property Aid With Banks, Regulators on Friday
China’s falling interest rates driving fixed-income interest – Ping An Asset Management
PAAM is the investment management arm of Ping An Insurance (Group) Company of China, one of China’s largest financial groups. The asset manager had 5.03 trillion yuan ($709.5 billion) in assets under …
China’s First Special Bond Issuance Likely to See Solid Demand
(Bloomberg) — China’s first issuance of this year’s special sovereign … Ties Should Last ‘Generations’ Thirty-year yields have edged lower since the Finance Ministry released its plan Monday to sell 1 trillion yuan ($139 billion)…
McKinsey’s China Rainmaker to Retire; Firm Rotates Top Leaders
A top China rainmaker at McKinsey & Co. is leaving the global consulting firm after more than three decades, at a time when it’s reshuffling senior leadership ranks to adapt to a shifting business and…
KP.2: This is what China has to say about the new COVID variant
The new variant of COVID-19, known as KP.2, has been making headlines globally with nearly 100 cases in India alone. But what does China have to say about it? According to the National Administration …
China’s Baidu Beats Quarterly Revenue Estimates on Ad Recovery, Cloud Demand
Revenue from Baidu Core, which includes its search-based ad sales, cloud offerings and autonomous driving initiatives, grew 4% to 23.8 billion yuan. Meanwhile, revenue at its streaming service iQIYI fell 5% to 7.9 billion yuan.
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
Japanese automaker Honda is reaffirming its commitment to electric vehicles, investing 10 trillion yen, or $65 billion, through fiscal 2031
Microsoft asks China staff ‘to consider leaving country’
The Biden administration is seeking tighter restrictions on China’s capability to develop AI and is considering … and by exploring options to optimise our global business.” Thanks for joining me. It is a busy morning…
China and Cambodia begin 15-day military exercises as questions grow about Beijing’s influence
Cambodia and China have begun 15-day military exercises as questions grow about Beijing’s increasing influence in the Southeast Asian nation.
China Needs to Relax Its Grip on Yuan, Former Officials Say
China should relax its control over the yuan as the current focus on keeping the currency stable has limited the scope for possible monetary policy, two former officials said this week.
Putin in Beijing says his talks with Xi Jinping were ‘warm and comradely’
Russian President Vladimir Putin said on Thursday at a news conference in Beijing with Chinese leader Xi Jinping that the two leaders had held talks which had been “warm and comradely”. Putin went on …
China Recovery Likely Picked Up With Outlook Buoyed by Stimulus
China will kick off the sale of its 1 trillion yuan ($138 billion … policy to ensure ample liquidity for the bond sales and prevent disruptions to the financial system. The central bank “may provide…
China revs up on auto chips and HBM shakes up memory
China is one of the top themes of the Biden campaign … writes Ryan McMorrow for the Financial Times. In one of the videos, which went viral on Chinese social media, Qu said she did…
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