An investigation into one of the world’s largest electronics manufacturers, Foxconn, has stirred the waters of Asian financial markets and reanimated the shadows of China-Taiwan tensions. Foxconn, the …
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China’s economy is bottoming out, but that’s no reason to cheer
Despite encouraging third-quarter economic data, it is preposterous to expect any kind of meaningful recovery when the property sector is crumbling The economy is likely to continue bumping along the …
China’s Economic Resilience: A Beacon in Global Uncertainty
In a world economy mired in uncertainty, China’s steady economic ascent offers a beacon of stability. The latest economic data for the first three quarters of 2023 reveals a resilient Chinese economy, …
China Plans Twice-a-Decade Financial Policy Conference Next Week
China plans to convene a key financial policy gathering which takes place once every five years early next week to prevent risks and set medium-term priorities for the $61 trillion industry, according …
China’s financial system to serve real economy
BEIJING: China’s financial system will continue to improve its ability to serve the real economy, according to a report from the State Council. The report on financial work was submitted on Saturday …
Has China squandered its golden opportunity to overtake the US? Here’s why one analyst is predicting it’s the nation’s ‘last decade’ of power and prosperity
China’s enormous population — which was the largest in the world until India’s recently surpassed it — served as cheap labor for assembling goods that were exported aggressively. Meanwhile, the …
China to bolster economic recovery and curb risks according to central bank head
China will promote a sustained economic recovery, focusing on expanding domestic demand, while fending off financial risks, People’s Bank of China Governor Pan Gongsheng said in a report published on …
China’s financial system pledges efforts to serve real economy
BEIJING — China’s financial system will continue to improve its ability to serve the real economy, according to a report from the State Council. The report on financial work was submitted on Saturday …
Financial system will implement macro regulation precisely in response to economic situation: Chinese central bank governor
China’s financial system will implement macro regulation in a “precise and forceful” manner in response to the economic situation, the Chinese central bank governor said, as part of the country’s …
China’s Central Bank Governor Outlines Priorities in Work Report
SHANGHAI (Reuters) – People’s Bank of China Governor Pan Gongsheng on Saturday outlined the central bank’s priorities for the near future in a work report delivered to China’s State Council.
China’s Record Sell-Off in US Securities: A Financial Storm on the Horizon?
Chinese investors unleashed a financial tempest that surged across the Pacific, divesting a record $5.1 billion in US stocks and bonds. This marked the highest monthly sell-off by Chinese investors in …
China’s banking institutions register growth in total assets
BEIJING, Oct. 21 (Xinhua) — China’s banking financial institutions saw an increase in total assets, data from the National Financial Regulatory Administration showed. The total assets of these …
China’s economic ‘risks will intensify’ in 2024, with EVs, property market, local government debts clouding prospects
China is on course to hit its ‘around 5 per cent’ economic growth target for 2023, but many institutions have cut their 2024 forecasts to 4.4 per cent or lower Beijing urged not to set…