China’s economy grew by 8.1 per cent last year, beating most expectations. But a slowdown in the fourth quarter has pointed to trouble ahead amid a worsening demographic picture, slowing property …
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China’s central bank cuts rates on medium-term loans, reverse repos
BEIJING – China’s central bank Monday cut the interest rates of its medium-term lending facility (MLF) loans and reverse repos by 10 basis points amid the country’s efforts to lower lending cost and …
Covid-19: Omicron reaches China’s political, financial and tech hubs
China has detected locally-transmitted omicron infections in the capital Beijing, the financial center Shanghai, and Guangdong …
CGTN: China calls for building an open world economy to create better post-COVID world
Global Risks Report warned that economic stagnation is the most serious challenge persisting from the COVID-19 pandemic. However, China is injecting confidence into the world economy with official …
China Local Governments Face Debt Maturity Wall in Next 3 Years
China’s local governments will face mounting repayment pressures in the coming three years as more than half of their outstanding bonds come due, a researcher with an institute affiliated to the …
Global financial warning: China faces ‘tremendous pressure’ – interest rates slashed
CHINESE leader Xi Jinping has warned of the threat posed to global recovery as the world emerges from the pandemic.
Omicron Reaches China’s Political, Financial and Tech Hubs
Omicron has breached the political, financial and technology centers of China for the first time, putting pressure on the country’s response to the more transmissible variant as it awaits the Winter …
Covid-19: Omicron penetrates China’s political, financial and tech hubs
China has detected locally-transmitted omicron infections in the capital Beijing, the financial center Shanghai, and Guangdong, where the southern technology center of Shenzhen is located …
China tops forecasts with 8.1% growth in 2021 but headwinds loom
China’s economy rebounded in 2021 with its best growth in a decade, helped by robust exports, but there are signs that momentum is slowing on weakening consumption and a property downturn, pointing to …
Cinda, under Beijing pressure, scraps $944 mln investment in Ant unit -sources
China Cinda Asset Management Co Ltd scrapped a deal to buy a 20% stake worth about $944 million in fintech giant Ant Group’s consumer finance arm because of pressure from state authorities, people …
China economic takeover as damning data shows extent of Beijing’s ownership of Europe
CHINA has accumulated a vast number of European businesses in the last decade, prompting many to fear that Beijing could gain control over the continent with a debt trap.
Omicron breaches China’s finance and tech hubs
Omicron has breached the political, financial and technology centres of China for the first time, raising concerns about global supply chains.
GLOBAL MARKETS-Stocks mixed as Beijing adds stimulus, Brent tops 2021 high
Share markets were choppy on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions on consumer spending, prompting Beijing to again ease monetary policy.