China cut its one-year loan prime rate (LPR) by 10 basis point this week but left the five-year tenor, which influences the pricing of mortgages, unchanged at 4.2%. The People’s Bank of China (PBOC) …
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Germany rethinks China policy as trade squeeze exposes vulnerabilities
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China building first nuclear-powered aircraft carrier to challenge US
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Analysis-Case Builds for China’s Banks to Cut Deposit Rates
As China’s economy slows, the buck stops with leader Xi Jinping
This approach dragged China’s economy out of the 2008 global financial crisis. It also gave the Communist Party leaders a newfound sense of confidence that the United States and its market liberalism …
China has no pain-free solutions for its slowing economy
But China’s employment market is weak, with youth joblessness at record highs above 21%. The private sector, responsible for 80% of new urban jobs, is still recovering from regulatory crackdowns on …
China urges shoppers not to hoard salt after Fukushima discharge
Online retailers in parts of China ran out of salt on Thursday after Japan began discharging treated radioactive wastewater from the wrecked Fukushima nuclear power plant, setting off a buying frenzy …
Fukushima: The fishy business of China’s outrage over Japan’s release
Japan has called on China to remove a total ban on its seafood products, imposed after Tokyo began the scientifically-endorsed release of treated water from its Fukushima nuclear plant. China, the leading buyer of Japan’s…
China’s lithium battery enterprises capture 60% of global market share
According to the South Korean institution SNE Research, in the global market, six Chinese power battery companies ranked among the top 10 for battery installations during the first six months of this year. The combined…
Taiwan VP says international community blames China for rising tension
The front-runner to become Taiwan’s next president said on Friday that the international community blames the rise in tension across the Taiwan Strait on China rather than on the island. “The …
China Online Platforms Scrap Lucky Draw Features Amid Gambling Crackdown
HONG KONG (Reuters) – Chinese online content platforms including Tencent Music and NetEase’s Cloud Music have removed live streaming features that analysts say could be used for illegal gambling, at a …
Hong Kong Perpetual Bonds Slump in Sign of China Property Contagion
Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.Most Read from …
China Rolls Out Major Mortgage Easing for Homebuyer Support
China unveiled further mortgage easing policies to bolster its residential property market in an attempt to support economic growth.
Nearly 2m excess deaths after China’s end of COVID curbs: study
China’s decision last December to end the three-year zero-COVID policy, which included mass-testing and stringent and persistent quarantine lockdowns, led to a massive surge in hospitalizations and …
Exclusive: China plans to cut stamp duty on stock trading by up to 50% to revive sentiment-sources
Chinese authorities are planning to cut the stamp duty on domestic stock trading by as much as 50%, three people with knowledge with the matter said, in a further attempt to revitalise the country’s …
Shares of China’s food delivery leader Meituan fall more than 5% on weaker Q3 outlook
Meituan shares fell 5% Friday after CEO Wang Xing warned of a food delivery slowdown in the third quarter during the firm’s latest earnings call on Thursday.
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