EV makers in China have significant cost and supply-chain advantages—and they’re aggressively exporting around the world.
Tagged By banking
Moody’s Wonders If China’s Debt Troubles Echo Bubble-Era Japan
When Moody’s Investors Service announced to the world it might downgrade China, the lessons from Japan’s deflationary nightmare were written between the lines in bold font.
Explainer: How China supports real economy with high-quality financial development
Noting that the capital market has unique advantages in serving the real economy, CSRC Chairman Yi Huiman said China will expedite building a safe, standardized, transparent, open, dynamic and …
Canada Expands Probe of Asia Multilateral Bank
The AIIB was launched in 2016 to counter Western dominance of the World Bank and the International Monetary Fund …
‘Full Banking Collapse’: China Worries Pile Up As Hedge Funder Sounds Alarm
One hedge funder, Kyle Bass, said China was experiencing a “full banking system collapse” in a recent post on X. Bass, who is the CIO of Hayman Capital Management, linked to a recent Reuters article…
Why China’s yuan may stay weak in 2024, regardless of any US Fed interest rate cuts
Chinese economist flags two key risks that could pressure the yuan: weaker-than-expected fiscal expansion and a further contraction in the property market The yuan has lost roughly 6 per cent against …
China’s Nov New Yuan Loans Seen Rising on Policy Support: Reuters Poll
BEIJING (Reuters) – China’s new loans are expected to have jumped in November from the previous month and exceeded the year-earlier amount, a Reuters poll showed, as the central bank works to shore up …
China to spur domestic demand, economic recovery in 2024 – state media
China will spur domestic demand and consolidate and enhance the economic recovery in 2024, the Politburo, a top decision-making body of the ruling Communist Party, was quoted by state media as saying …
Moody’s told staff to WFH before it slashed China’s credit rating as it feared authorities might retaliate: report
Moody’s told its China-based staff not to come into the office before it slashed the country’s credit rating, per the FT.
Experts: Bank rating downgrades unjustified
A view of the booth of China Development Bank during an expo in Beijing. CHINA DAILY . China’s State-owned banks have been operating very stably with good capital conditions, low …
Emerging Markets Appear Solid Bet to Attract Money Leaving China
The big winners from rising skittishness over the investment environment in China appear to be emerging markets such as India, the chief market strategist at financial advisory and asset-management …
Xi Jinping tightens control over China’s financial system
Financial analysts are concerned that, even as Beijing welcomes foreign business, such transactions will be subject to strict government oversight. Politics will “further dictate China’s finance,” a …
China Focus: “Big Four” banks in full drive to build China into a financial powerhouse
Exclusive interviews with heads of the four state-owned lenders — Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), Bank of China (BOC) and China Construction Bank …
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