China’s new yuan deposits hit 25.74 trillion yuan in 2023, down by 510.1 billion yuan from the previous year. The outstanding yuan loans stood at 237.59 trillion yuan at the end of December, up 10.6…
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US House passes finance bills bolstering Taiwan, squeezing mainland China ahead of island’s presidential election
One supports including Taipei in IMF while another directs regulators to exclude Beijing from banking organisations over threats to self-ruled island California Republican Young Kim says her bill …
China’s Deflation Shows Domestic Demand Is Big 2024 Challenge
China’s latest batch of data featured continued declines in consumer prices, flat import growth, and a slowdown in the pace of lending — all suggesting sluggish domestic demand will again top the …
China trade: prospects under cloud in 2024 despite December uptick as recovery lags, de-risking continues
China’s exports rose by 2.3 per cent in December compared to a year earlier, but its shipments are set to face pressure from trade barriers and a global slowdown in 2024, analysts said.
US House passes finance bills bolstering Taiwan and squeezing China ahead of island’s presidential election
One supports including Taipei in IMF while another directs regulators to exclude Beijing from banking organisations over threats to self-ruled island.
Tesla cuts prices in China, halts production in Berlin
Tesla shares slipped for a second straight day as the automaker announced price cuts in China, and is also idling production at Giga Berlin due to Red Sea-related supplier disruption.
China urges better financing coordination for housing sector
China’s housing ministry and financial regulator asked local governments to better coordinate with financial institutions to provide financing support to real estate projects, as policymakers work to revive the sluggish housing market.
China’s Credit Expansion Slows in December on Lackluster Demand
China’s credit expansion was slower than expected in December, as weak business confidence continues to weigh on borrowing demand.
China is stealing growth by dumping its vast excess on the world
One cardinal fact governs the world economy today. China produces 31pc of global manufactured goods: it accounts for 13pc of total consumption. The rest of us must absorb China’s increasing excess …
China Dec new bank loans rise to 1.17 trln yuan, but miss forecast
Chinese banks extended 1.17 trillion yuan ($163.31 billion) in new yuan loans in December, up from November but falling short of analysts’ expectations. Analysts polled by Reuters had predicted new …
Expect ‘stagnant’ Chinese structure finance market in 2024: S&P
China’s structured finance market is expected to be stagnant during 2024, according to a report by S&P Global Ratings. The ratings agency expects overall issuance to stay flat in the next 12 months, …
China c.bank set to cut key rate, boost liquidity Monday to aid economy
SHANGHAI/SINGAPORE, Jan 12 (Reuters) – China’s central bank is expected to ramp up liquidity injections and cut a key interest rate when it rolls over maturing medium-term policy loans on Monday, as …
China cities buy housing with PBOC-tied loans, local media says
SOME Chinese cities are taking advantage of low-cost funds from the country’s central bank to purchase unsold homes and convert them to rental housing, a local media report showed, in a sign …
