Weak spots are emerging in China’s growing debt pile, and high-profile cases are troubling markets. Here are three important developments to watch.
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Markets haven’t even begun to reflect China-US decoupling risks
The writer is a research associate at Oxford university’s China Centre and author of ‘Red Flags: Why Xi’s China is in Jeopardy’ Investors have been given a clear warning of the decoupling dichotomy …
China’s slowing economic growth and potential headwinds may suggest fiscal loosening is imminent
China’s slowing investment approvals and lower-than-expected pace of government spending have fuelled debate over whether the country should be ramping up fiscal spending, particularly as economic …
Climate Change Failures In U.S. Boosting China Says Senate Banking Chair
Every time business grinds to a halt because an American factory wasn’t built to withstand extreme heat, or because a road is blocked by landslides, or because a power grid is shut down – that’s…
Crypto Flipsider News – July 20th – Digital Yuan, Bank of America, Ethereum Documentary, The ₿ Word, NFT News
US Senators Offer Ban on Using Digital Yuan for USA Olympic Athletes; Bank of America (NYSE: BAC) Plays in Bitcoin Futures Market; Cinema Time: Ethereum Documentary Starring Vital …
China Evergrande Group tumbles as Beijing tightens oversight of sector
Shares of China’s second-largest property developer by sales tumbled again on Tuesday after reports of an asset freeze.
How China’s Big “Bad Bank” Went From Safe Haven to Risky Bet
The Chinese government intended Huarong Asset Management to be a janitor that cleaned up toxic debt. But following the bribery conviction and execution of its former chairman, things went from bad to …
China Moves to Ease Child-Rearing Costs, in Drive to Boost Births
China said that it would reduce the cost of raising and educating children and shore up labor protections for women over the next five years.
China loan rate left unchanged despite speculation of further policy easing to support economic growth
The loan prime rate (LPR) is seen as China’s de facto benchmark funding cost since a reform in 2019 and is released on the 20th of each month.
China’s domination of global finance about to take a quantum leap
Is China quietly preparing to transform the market for global investment funds, just as it has remade global trade and manufacturing? As reported in the Financial Times, “What happens if Chinese …
China’s Fiscal Revenue Growth Likely to Slow Sharply in H2 – Ministry Official
China’s fiscal revenue growth is likely to slow significantly in the second half, compared with a 21.8% year-on-year jump in the first six months, a finance ministry official said on Tuesday. China’s …
China loan rate unchanged despite speculation of further policy easing to support economic growth
Banks in China kept the benchmark loan rate unchanged in July for the 15th straight month, indicating that the central bank is continuing to keep policy stable despite a recent surprise move to add …
Experts see promise in China competition bills, but want to see the money too
Both chambers have passed bills to authorize billions of dollars in new spending on technology but appropriators have to offer up the cash.