China on Wednesday reported it had entered deflation for the first time since 2021 — the latest indicator pointing to a slowdown in the world’s second-largest economy.Here’s how Beijing is attempting …
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A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is moving closer to reality, raising eyebrows among some defenders of a system long dominated by …
Record China Data Revision May Make Export Picture Look Better
China’s customs authority made the biggest downgrade on record to a monthly export figure, a move that could paint a more flattering picture of trade data already plunging amid weak global demand.
Deflation another sign China’s ‘economic miracle’ is over
China’s slide into deflation will increase calls for stimulus. There’s no shortage of suggestions, but the Xi administration seems unwilling to deliver.
Stock market today: Asia shares mostly decline after Wall Street slide on bank worries
Asian shares are mostly trading lower after worries about the U.S. banking system set off a decline on Wall Street and amid concerns closer to home about Chinese economic growth.
Asian shares weaken slightly on China deflation risk, bank jitters
China’s onshore yuan moved away from a three-week low … with consumer prices falling by more than expected in the month to mid-July. The central bank cut interest rates by 50 basis points last week.
China hawk says Beijing could attack Taiwan by 2024, bringing ‘war to the West’
Prominent China hawk Kyle Bass told CNBC Tuesday that he believes Chinese President Xi Jinping is determined to “bring war to the West,” with an invasion of Taiwan likely by 2024.
U.S. to Ban Some Investments in China
President Biden plans to sign an executive order that will also require U.S. private-equity and venture-capital firms to disclose certain investments in the country.
How China cornered the market for clean tech
The country is the biggest supplier of materials vital for the energy transition. That could give it geopolitical leverage
Asian shares hesitant on China deflation risk, bank jitters
Asian shares were on the defensive on Wednesday after data showed that China slipped into deflation in July, a negative sign for the global growth outlook although it could serve as a damper on global…
China’s major state-owned banks seen selling dollars to slow yuan declines – sources
The state banks usually act on behalf of China’s central bank in the country’s foreign exchange market, but they could also trade on their own behalf or execute their clients’ orders. The dollar …
Dollar firm on safe-haven demand as markets fret over China, banks
The dollar remained on the front foot in Asia on Wednesday, holding on to overnight gains against major peers as investors sought the safety of the currency amid risks from a floundering Chinese …
Asian shares hesitant on China inflation data, US bank jitters
Asian shares were on the defensive on Wednesday after China inflation data confirmed the recovery in the world’s second-biggest economy is losing steam, while resurfacing concerns about U.S. bank …
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