China is the world’s second biggest economy, after growing at breakneck speed for decades. Yet now it’s in deep trouble and authoritarian leader Premier Xi Jinping can’t save it …
Tagged By banking
China urged to spend up to $2.1trn to battle deflation
Economists warn the more embedded deflation becomes, the more it will cost to dispel it through stimulus measures.
China urged to spend up to $1.4tn to battle deflation
China needs to spend up to Rmb10tn ($1.4tn) over two years in stimulus funds to reflate its economy and return it to sustainable growth, investment bank economists said, as concerns grow that …
China Dives Back Into Euro Debt Market Amid Likely ECB Rate Cut
(Bloomberg) — China is returning to the international debt market after … Campus The Plan for the World’s Most Ambitious Skyscraper Renovation The Ministry of Finance announced it will issue up to …
Vanished Banker Loses $750 Million in China’s Unending Crackdown
In the go-go years when China minted a billionaire every two days, banking rainmaker Bao Fan almost reached that milestone himself.
Best of BS Opinion: China’s demographic liability, rural banking and more
Rooted in the one-child policy and changing social and cultural norms, China has huge demographic challenges ahead. What are the long term implications for markets, the global eco …
China supports sustainable financial support for AU-led peace operations
China supports the provision of adequate, predictable, and sustainable financial support for African Union (AU)-led peace operations, Fu Cong, China’s permanent representative to the United Nations, …
As lay-offs and salary cuts have shaken industries from finance to manufacturing, the government should find ways to boost household wealth
As lay-offs and salary cuts have shaken industries from finance to manufacturing, the government should find ways to boost household wealth.
China’s deflation risk rises as Beijing struggles to spark consumer confidence
The potential for deflation in China could affect prices across the globe, but the likely impact remains unclear.
China’s housing market: Is the bottom in sight?
SCB chief executive talks of further pain ahead in China’s property market. Mortgage financing may fail to help China’s housing market.
China’s ‘wolf warrior’ foreign minister is now working a lowly publishing role after falling foul of Xi: report
China’s former foreign minister Qin Gang is working in a low-level publishing job after falling foul of China’s leader Xi Jinping, The Washington Post reported. Two US officials, speaking on condition …
China’s central bank conducts $12.89 billion via reverse repos
China central bank conducted 915 billion yuan about US1289 billion of seven-day reverse repos at an interest rate of 17 percent Monday …
China is going after ’empty student’ consultants, who help you graduate without attending a single class for a $2,800 ‘relationship’ fee
State media found that Chinese schools for fields like IT, car manufacturing, and aviation were letting students graduate without showing up for class.