Signs of thawing ties a day after the leaders of India and China met are unlikely to deter New Delhi’s plans to back tariffs on steel as they are not country-specific measures, a senior government…
Tagged By banking
Defend euro against China-Russia push for alternative currency: Europe’s bank chief
Next US leader also urged to weigh negative impacts of American and EU trade ‘restrictions and barriers’ on economic growth and inflation European Central Bank President Christine Lagarde made a case …
China’s stimulus salvo enters second month: our overview, and what comes next
After one month of rapid-fire economic stimulus, we look at China’s plan of action and survey what might be in the pipeline China’s adoption of numerous stimulus measures in the past 30 days – a…
Who authorized the selling of America’s top high school to China?
Thomas Jefferson High School for Science and Technology leaders betrayed everyone who contributed to the success of the nation’s former No. 1 high school.
U.S. and China Play a Big Part in the $100 Trillion Global Debt Load. What the IMF Says.
However, IMF official also said the two biggest debt contributors—the U.S. and China—have enough fiscal room and tools to deal with it for now. The question, of course, is if …
China’s Economic Struggles: Why Cutting Rates Isn’t Enough To Boost Steel Demand
China cut down its benchmark lending rates, but the expected boost isn’t happening. WSA predicts that steel demand outlook in China will be less than half of global steel consumption.
McDonald’s and Starbucks shares tumble while stimulus proposal gives China markets reason for optimism
In India’s largest-ever IPO, shares of Hyundai Motor India dropped as much as 6% in their market debut.
China Doubles Down On Efforts To Boost Economy With Further Rate Cuts
China’s central bank cut benchmark interest rates for the third time in 2024 as it steps up efforts to reduce borrowing costs and boost economic growth.
China’s Policy Measures: Reasons For Optimism And Cynicism
In recent weeks, Beijing policymakers have begun to roll out a significant package of easing measures designed to lift China from its prolonged period of economic weakness.
Why Xi Jinping changed his mind on China’s fiscal stimulus
After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?
China think tank proposes $280 billion stock market stabilisation fund
A Chinese policy think tank has called for Beijing to issue 2 trillion yuan ($280 billion) of special treasury bonds to set up a stock market stabilisation fund, the 21st Century Business Herald …
China pins stimulus on money merry-go-round
China’s economy has long been supported by a great wall of debt, much of it hidden off local governments’ balance sheets. To reboot economic growth, Beijing plans to swap these borrowings into bonds …
IMF warns on China’s property market worsening as it cuts country’s growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.
