Other policy support to watch include: Whether there will be a shift in government spending toward stimulating consumers and families from the traditional mainstay of infrastructure investment Any help for the troubled housing market, such…
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Banking on company: China’s youth-driven ‘companionship economy’ gains steam, but risks also emerge
Be it talking, shopping, gaming or even mountain climbing – China has witnessed a growing trend of young people seeking out paid companionship. While local media reports have highlighted the merits, potential drawbacks also come…
China’s Fiscal Stimulus to Focus More on Boosting Consumption, Goldman Says
China’s ministry of finance will likely strengthen its fiscal easing stance and show an increased willingness for the central government to take on more debt at its meeting on Saturday, Goldman Sachs economists wrote in…
Beijing has finally opened the chequebook to save China’s flagging economy. It may be too late
A fortnight ago, Beijing finally pulled out the bazooka with a plan to cut interest rates, bolster bank liquidity to inject more cash into the economy, and relax rules around property investment.
China’s stock-market rally may ride on Beijing’s weekend stimulus announcement
China’s policymakers disappointed investors this week with a lack of follow-through on recent monetary policy stimulus measures. They get a second chance this weekend.
China’s financial regulator vows to expand institutional opening-up
VCG. China’s National Financial Regulatory Administration (NFRA) pledged to further open up the country’s financial sector, with
China kicks off 500 billion yuan swap facility to aid stock market
China’s central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to aid the capital market.
‘Cutting leeks’: Beijing sparks a retail stock trading frenzy
But the wild market swings also underscore the risks of a headlong dash back into China’s volatile equities, with some using the phrase ge jiucai, meaning “cutting leeks” — a reference to investment …
Iron ore price recovers but posts weekly loss as Beijing stimulus uncertainty weighs
The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.15% higher at 789.0 yuan ($111.55) a metric ton. The contract lost 2.18% for the week, …
Beijing likely to announce more stimulus this month: Nomura
Banking group Nomura says it “firmly expects” the Chinese authorities to present a “fiscal stimulus package,” as the nation’s Ministry of Finance will hold a briefing on fiscal policy on October 12.
Global Markets Pause Ahead of Beijing’s Fiscal Announcements
Global stocks were stable on Friday as investors awaited fiscal stimulus updates from Beijing expected over the weekend. Wall Street showed slight declines, while European markets remained steady.
China may announce fiscal stimulus of up to 2 trillion yuan this weekend: Deutsche Bank
China’s Ministry of Finance is expected to hold a briefing on Saturday in which market participants foresee a package worth between 1.5 trillion to 2 trillion yuan unveiled. “It will
China’s ‘whatever it takes’ moment? Investors hope for billions in additional stimulus this Saturday
Many investors and analysts viewed the move as a signal that Beijing was finally ready to take drastic action to revive its ailing economy, following a barrage of disappointing data and amid a slump …
