Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have you paying as little as $29/month; Commercial real estate has beaten th
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China Announces Cash Handouts for the Poor in Rare Use of Aid
China said it will give one-off cash handouts to people in extreme poverty before Tuesday, in a rare announcement of direct aid just a day after unveiling a sweeping program to stimulate the world’s second-largest…
China’s monetary volleys miss key threat to economic growth
China’s central bank has shifted to a more aggressive easing stance, but its policy weapons don’t have the key enemy to economic growth in their line of sight: the persistently weak consumer demand.
Beijing is no longer hiding its panic about the state of its economy
The stimulus blitz announced on Tuesday is sparking market speculation that Beijing is panicking over the state of its economy.
Chinese homeowners cheer Beijing’s move to cut mortgage rates by a half point
Chinese homeowners struggling to repay their loans hailed Beijing’s decision to cut mortgage rates by a half point, though analysts and economists believe the move will fail to spark a broad economic …
Analysis-China’s Monetary Volleys Miss Key Threat to Economic Growth
BEIJING/HONG KONG (Reuters) – China’s central bank has shifted to a more aggressive easing stance, but its policy weapons don’t have the key enemy to economic growth in their line of sight: the persistently weak…
Beijing encourages investment in struggling start-ups, but are big banks ready?
Beijing’s encouragement for banks to boost investment in unlisted companies is a big move in the effort to support start-ups, analysts say.
China PBOC Cuts Key Policy Rate
China’s central bank cut a key policy rate just one day after announcing several monetary easing measures to boost lending amid concerns that Beijing might miss its official annual growth target this year.
China needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
There needs to be a policy-led promotion of the economy in China, not just the expansion of financial channels: Infusive
Jack Dwyer of Infusive says he expects more policy support to come from the PBOC and Chinese regulators and discusses the need for a coordinated policy push by the state to restore confidence in the…
Beijing Pushes on a Stimulus String
China needs more private enterprise, not more cheap credit.
China e-commerce giants Alibaba, JD.com, Pinduoduo see stock surge after stimulus package
Chinese e-commerce stocks jumped after the country’s central bank announced a broad stimulus package. Alibaba, JD.com, and Pinduoduo led the surge.
Oil jumps nearly 2% as traders expect China stimulus to boost demand
Oil jumped nearly 2% on Tuesday before paring gains after China announced its biggest stimulus package since the early days of the pandemic, raising prospects of increased demand. On Tuesday West …
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