SHANGHAI, Dec 27 (Reuters) – China’s yuan hovered close to a one-week low against the dollar on Wednesday, pressured by signs of loosening yuan liquidity conditions in the onshore market. Cash …
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China’s Economic Growth to Slow to 4.6% in 2024: Real Estate and Consumption Woes Persist
On the 27th, the Nihon Keizai Shimbun (Nikkei) reported that a recent survey conducted by its affiliate QUICK News and 25 Chinese economic experts predicted China’s Gross Domestic Product (GDP) growth …
Beijing forum highlights coordination and cooperation for China’s financial development
The Rejuvenation and Financial Forum 2023, guided by Beijing’s financial supervision body, was recently held in the capital. The event attracted more than 100 experts, contributing their wisdom and …
Hopes for a rebound in China’s property market have been driving up the price of iron ore
But the rally in iron ore prices seems driven more by speculation than reality, says University of Houston’s Craig Pirrong …
Critics misunderstand China’s financial reform by saying ‘central bank has been sidelined’
Following the Central Financial Work Conference held in October in Beijing, where Chinese policymakers emphasized the need to follow the centralized and unified leadership of the Communist Party of …
China Recovery May Pick Up. Here’s Why It May Be a Selling Opportunity.
A lackluster rebound is leveling expectations for the world’s second-largest economy. China’s slumping property market and associated local debt loom.
China stokes Asia-Pacific demand for sustainable finance despite rising interest rates, driven by Beijing’s carbon ambitions
In Asia-Pacific excluding Japan, green and sustainability-related bonds helped raise US$134 billion in the year so far, with China accounting for more than half the volume The region is highly exposed …
China Looks Cheap—but It Has Burned Investors Before
The smartest strategy for investors in Chinese assets this year: Do something else.
China conducts central bank bills swap Tuesday
BEIJING, Dec. 26 (Xinhua) — The People’s Bank of China, China’s central bank, conducted a central bank bills swap (CBS) operation on Tuesday to improve the liquidity of perpetual bonds.
China Regulator Surprises Gaming Industry With Nod For 105 Online Titles After Investors Burn Hands
In a surprising move, China’s National Press and Publication Administration (NPPA) has approved 105 online games. This development comes amid substantial financial losses experienced by major game …
Why China’s central bank is stepping into the shadows
China’s financial landscape is witnessing a dramatic reshuffle, with the People’s Bank of China (PBoC) subtly retreating into the shadows. This change marks a significant shift from the once-dominant …
China’s 2022 government procurement falls 3.9%
BEIJING — The scale of China’s government procurement registered a decline in 2022, down 3.9 percent year-on-year, the Ministry of Finance said on Monday. Nationwide government procurement fell to …
China allocates additional funds to support quake-hit regions
The Chinese government on Monday allocated an additional 400 million yuan (about 56.33 million U.S. dollars) to support disaster-relief efforts in the provinces of Gansu and Qinghai after a …