Hong Kong leader Carrie Lam said on Wednesday she will continue to work to restore normal travel between Hong Kong and China.
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Global steel output slides 10% y/y in Nov due to China slump
Global steel output slid 10% last month year-on-year due to weakness in top producer China, which analysts said is likely to persist in coming months due to a troubled property sector. LONDON, Dec 22 …
China tackles ‘corruption in numbers’ to ensure economic, social stability in 2022
New statistical guidelines highlight Beijing’s intention to narrow the gap between government narratives and market reality, with the reliability of China’s economic data having long been a concern.
China’s Tech-Investment Paradox
Some curious patterns emerge in a nation that prefers to be a manufacturing high-tech superpower.
China’s infrastructure plans aim to shore up economy, but experts say Beijing may first need to ease up on local debt
As China’s fiscal policy turns from contraction to expansion next year, infrastructure investment is expected to accelerate, but the risk of a rapid increase in debt remains Financially strapped local …
America’s Segregated Banking
This is an audio transcript of the FT News Briefing podcast episode: America’s Segregated Banking Marc Filippino Good morning from the. Today is Wednesday, December 22nd, and this is your FT News …
China’s Central Bank gets tested over economic slowdown
On top of that, the United States and Europes imminent scaling back of pandemic stimulus is squeezing Chinas room to loosen policy. Since the surprise cut in the reserve requirement ratio in July, the …
China’s hidden ‘corruption problem’ behind local debts goes hand in hand with national deleveraging campaign
Debt issued by local government financing vehicles (LGFVs) is kept off the balance sheets and more susceptible to corruption than relatively transparent government bonds, posing an outsized threat to …
The Banking Jobs Algos Can’t Destroy
Good investment banking jobs are disappearing. Much of the business has been long replaced by machines and computer algorithms. Almost all equity trading is now done electronically. Even high-yield …
China’s Central Bank get tested over economic slowdown
On top of that, the United States and Europes imminent scaling back of pandemic stimulus is squeezing Chinas room to loosen policy. Since the surprise cut in the reserve requirement ratio in July, the …
China’s c.bank denies rumors that director of China’s banknotes printer is being probed for printing $313b banknotes without authorization
China’s c.bank denies rumors that director of China’s banknotes printer is being probed for printing $313b banknotes without authorization …
Harvard professor Charles Lieber convicted of lying about ties to China
Harvard University professor Charles Lieber was convicted Tuesday in connection with lying to U.S. federal authorities about his ties to China.Driving the news: A federal jury in Boston found the …
China Stock Market Expected To See Additional Support
The China stock market on Tuesday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.3 percent. The Shanghai Composite Index now rests just above the 3,625-point …