Deflation is a manifestation of the deep problems within the world’s second-largest economy. The big picture: China’s economy has stumbled as it tried to emerge from the government’s zero-COVID lockdown policies.
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China’s economy is heading deeper into deflation
AP PHOTOS: Crowds bundle up to take snowy photos of Beijing’s imperial-era architecture
Throngs of people in down parkas and boots climbed a hill that overlooks the Forbidden City this week to jostle with others trying to get a shot of the snow-covered roofs of the former imperial…
China’s central bank set to boost liquidity injection but keep key rate unchanged
China’s central bank is expected to ramp up liquidity injections while leaving the key interest rate unchanged when it rolls over maturing medium-term policy loans on Friday, a Reuters survey showed.
It’s starting to look like China regrets its private-enterprise crackdown
Beijing’s official readout from its annual Central Economic Work Conference suggests “remorse,” wrote an analyst.
China’s economy is forecast to slow sharply in 2024, the World Bank says, calling recovery ‘fragile’
The World Bank is forecasting that China’s economy will slow next year, with annual growth falling to 4.5% from 5.2% this year.
China Arrests Former Top Bank Official For Bribery
A former top official at one of China’s largest state-run banks has been arrested for alleged bribery, state media reported Thursday, as Beijing cracks down on corruption in the country’s financial …
China’s Rise In Sustainable Finance
For global sustainable investors, we believe China’s green bond growth and sustainable finance regulations present promising, diversified investment opportunities.
Snow blankets Beijing’s Forbidden City
Eyewitness videos released on Wednesday (December 13) and Thursday (December 14) showed Beijing residents gathering at the Forbidden City as it was blanketed in snow.
A leader of Taiwan’s Nationalist Party visits China as the island’s presidential election looms
A leader of Taiwan’s main opposition Nationalist Party is visiting rival China less than one month before the self-governing island republic holds elections for president and the legislature under …
China’s local governments issue record amount of special bonds to support troubled banks
China’s regional governments have issued a record amount of special bonds to support troubled smaller banks, as they try to fend off potential systemic risks that could be triggered by a prolonged …
Cold wave gripping northern China seen moving south
By Bernard Orr and Ryan Woo BEIJING (Reuters) -Cold weather gripped large swathes of China on Thursday, with sharp falls in temperature expected over the next two days, particularly in the south, …
China: Millions blacklisted for debt as loan defaults hit record high
After online payment platforms like Alipay and WeChat replaced cash as the most used payment method in China, many stores refused cash payments, and some defaulters said it had become difficult for …
S.Korea scrambles jets as China, Russia warplanes enter defence zone -Seoul
South Korea scrambled fighter jets on Thursday when two Chinese and four Russian military planes entered its air defence zone, South Korea’s military said.
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