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China calls on major economies to coordinate macro-economic policies as it faces an economic slowdown
China has called on major world economies to spur growth by coordinating their macro-economic policies as the Chinese economy faces downward pressure from shrinking demand and supply chain disruptions …
China Says Will Roll Out More Steps to Boost Effective Demand – State Media
China will roll out more steps to boost effective demand, state media on Thursday quoted Premier Li Keqiang as saying. China’s economy faces new downward pressure and increased uncertainties, Li was …
As the World Tightens, China’s Central Bank Eases
The People’s Bank of China (PBOC) reduced the one-year loan prime rate by 10 basis points from 3.8% to 3.7%. China is worried about an economic slowdown. The rate cuts continue the PBOC’s efforts to…
China cuts lending rates, boosting property firms
China further reduced bank lending costs Thursday in the latest move to boost its stuttering economy, providing some much-needed support to the co …
US diplomatic boycott of Beijing Olympics unfair
World needs a dialogue aimed at providing equitable opportunities for all nations The diplomatic boycott of the Beijing Winter Olympic and Paralympic Games may go down in history as the official …
China Stocks Rally With Property in Lead as Easing Bets Advance
Chinese stocks rallied across the board after lenders lowered borrowing costs in another sign that policymakers are easing to support growth after months of regulatory crackdown and deleveraging. Most …
China property shares, bonds rally on hopes govt measures will aid liquidity
Stocks and bonds of Chinese property developers stretched their gains into Thursday on hopes a slew of recent government measures would help ease a funding squeeze in the embattled sector, even as …
China leverages financial toolkit to navigate economic headwinds
BEIJING – As it enters a new year, China’s financial authority will continue to leverage its toolbox in an effective and flexible manner to support economic recovery and ward off risks, according to …
NBC won’t send sports announcing teams to 2022 Winter Olympics in Beijing due to COVID-19
NBC’s broadcasting teams for figure skating, Alpine skiing and snowboarding had been expected to be in Beijing.
China Finance Investment Holdings (HKG:875) shareholder returns have been solid, earning 215% in 1 year
For example, the China Finance Investment Holdings Limited (HKG:875) share price has soared 215% return in just a single year. Also pleasing for shareholders was the 19% gain in the last three months.
China is owed 37% of poor countries’ debt payments in 2022: World Bank
Debt in the developing world is no longer mostly owed to the club of wealthy Western donors, with China and the private sector due three-quarters of the $35 billion that the lowest-income countries …
China’s Luckin Coffee plans to relist in US two years after fraud: report
Luckin Coffee plans to relist its shares in the United States, two years after the Chinese coffee chain’s $300 million accounting scandal.