China’s foreign ministry on Monday said in response … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important … ( read original story …)
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Asia-Pacific stocks mixed as China reports third-quarter GDP jump; Alibaba shares in Hong Kong rise
GDP grew 4.9% as compared to a year ago, according to data released Monday by the country’s National Bureau of Statistics. ( read original story …)
China’s Growth Disappointed The Market, But It Was Not All That Bad
Retail sales jumped to 3.3% YoY in September from 0.5% YoY in August. This big jump shows that consumption has further stabilised. ( read original story …)
Can China’s Rebound Last? A Look Behind the Latest GDP Numbers
China’s economic recovery from the pandemic slump is broadening out, with data on Monday showing stronger growth in manufacturing and consumer spending. ( read original story …)
China’s Economy Accelerates, Broadening Recovery From Pandemic
China’s economic recovery from the depths plunged during the Covid-19 pandemic continued, providing support for a world economy suffering its deepest recession since the Great Depression. ( read original story …)
With Covid-19 Under Control, China’s Economy Surges Ahead
These payments have been aimed at helping families sustain a minimum standard of living through the pandemic — which in turn has fueled demand for imports from China. Michael Pettis, a finance … ( read…
China September Industrial Output Rises 6.9% Year-On-Year; Retail Sales up 3.3%
Analysts polled by Reuters had expected annual industrial output growth to have quickened to 5.8% in September from a 5.6% gain in August, as more businesses resumed production after measures to … ( read original…
China’s central bank head says economy to expand about 2% this year
China will see its economy expand by about 2% this year as it has got the coronavirus pandemic under control, central bank governor Yi Gang said on Sunday, signalling confidence about the prospects of ……
Labor lashes government’s ‘failure of trade diplomacy’ over China
“It appears China is systematically moving to replace Australian exports … downgraded the trade portfolio by loading up Trade Minister Simon Birmingham with the finance portfolio as well as … ( read original story …)
Shenzhen given new powers to attract key foreign workers and develop new financial market tools under plans to develop role as China’s tech hub
Shenzhen will be granted autonomy to make its own laws on artificial intelligence and big data, relax visa restrictions to attract foreign talent, and start a stock futures index under the latest … ( read…
China must loosen capital curbs to boost international use of yuan, says former bank executive
Former Bank of China executive says increasing yuan use ‘increasingly urgent and important strategic issue’ given possible US move to curb dollar access. ( read original story …)
China Gives Shenzhen Greater Autonomy to Attract Investment
China announced measures that will grant its southern boomtown Shenzhen more autonomy as Beijing seeks to raise the profile of the region as a tech and financial hub amid tensions with the U.S. ( read…
China’s local govt bond issuance hits 720.5b yuan in September
China’s local government bond issuance reached 720.5 billion yuan ($107 billion) in September, data from the Ministry of Finance showed. The figure took the total local government bond issuance for … ( read original story…
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