Hello. Today we look at China’s central bank increasingly diverging policy, U.S. price expectations and China’s rise in winning patents.
Tagged By banking
Goldman downgrades China growth, citing delta variant’s spread
Goldman Sachs has cut its 2021 China growth forecast, citing the fast spread of the highly contagious delta variant of the coronavirus that causes COVID-19, though the bank expects a rebound later in …
China central bank to keep monetary policy ‘flexible and appropriate’
China’s central bank said on Monday it would keep monetary policy flexible and appropriate to maintain stability as the pandemic persists and domestic economic recovery is uneven. In its …
Goldman downgrades China growth, citing delta variant
Goldman Sachs has cut its 2021 China growth forecast, citing the fast spread of the highly contagious delta variant of COVID-19, though the bank expects a rebound later in the year. “With the virus …
China’s Economic Risks Build as Delta Spreads, Prices Gain
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China’s economic risks are building in the second half of the year, with growth set to slow while …
Private equity firms revise China strategy as regulatory crackdown widens
Private equity firms are rethinking their strategies in China as a widening regulatory crackdown on some of the country’s hottest sectors forces investors to scout for bets in other industries that …
Other major powers are ‘several years behind’ China and its digital yuan: Chainalysis
Ulisse Dell’Orto of Chainalysis says China has been a pioneer in central bank digital currencies and is far ahead of the competition. The rapid development of the digital yuan presents an opportunity …
China’s Economic Risks Build as Delta Cases Spread, Prices Gain
China’s economic risks are building in the second half of the year, with growth set to slow while inflation pressures are picking up, clouding the outlook for central bank support.A report Monday …
China’s tech tycoons lose $118b of wealth after Beijing crackdown
Analysts say there is little reason to expect Beijing will ease up on tech tycoons — or falter in its support of automakers and renewable companies — in the second half of 2021. Bruce Pang,…
Why banks fear central bank digital currencies
China plans to stake an early territorial claim in the new world of central bank digital currencies. It will give foreigners their first real chance to make payments using electronic renminbi issued …
Asian markets gain even as pandemic restrictions tighten in China, Australia
Asian stock markets followed Wall Street higher Monday after China and Australia tightened anti-virus controls that threaten to weigh on an economic recovery.
Ascletis : China Approves Phase II Trial Of ASC40 For Treatment Of Patients With Acne
Ascletis Pharma Inc. said that China National Medical Products Administration (NMPA) has approved the Phase II clinical trial application of ASC40 for the treatment of patients with moderate to severe …
The Latest: China punishes 30 officials for pandemic failing
More than 30 Chinese officials have been fired or received other punishments over accusations they failed to respond properly to the latest surge of the coronavirus in the country.
