The National Day and Mid-Autumn Festival holiday period has sparked a flurry of activity, and consumption and tourism have reached multi-year highs. But time will tell whether the boom is sustainable …
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Emerging Economies Face China and Rate Pressures as IMF, World Bank Meet
LONDON (Reuters) – Emerging economies are facing headwinds from all sides, with a recent selloff in U.S. Treasuries and China’s slowing economy adding layers of uncertainty while the Federal Reserve …
Australia’s Central Bank Sees Risks Mounting in Global Markets, China Property
SYDNEY, Oct 6 (Reuters) – Australia’s economy is well placed to weather strains in global financial markets, though the risks of a “disorderly” slide in asset prices or a slowdown in China were …
Citi believes China’s economy has bottomed out and has boosted forecast
Citigroup Inc. raised its growth forecast for China to 5% this year, as promising data helps build consensus around the nation’s ability to achieve its official government target.
How China is dodging the doom loop
While China’s economy is still struggling, it is at least not getting incrementally worse and there are some pockets of improvement …
China’s greying population is refusing to save for retirement
But now these red envelopes, stuffed with cash, are part of a push by China’s banks to get citizens thinking about retirement. They are being offered to customers who register for private-pension …
Asia’s edge isn’t just cheap labor, whether it’s China, India or Japan, KKR says
That investment conclusion comes after a trip to the region by New York-based Henry H. McVey, KKR’s head of global macro and asset allocation.
Goldman Sachs: China’s Demand For Oil And Copper Is Booming
Worries about the waning strength of China’s economy have been weighing heavily on many commodity and financial sectors in the current year. Economic pundits have warned that China’s rapid growth …
US should link China’s power in IMF to support for debt relief- former US official
U.S. officials have said China is unwilling to accept losses on loans unless private … which is helping countries finance growth paths and in a way that’s sustainable,” Lee said. “If a country is ..
Blackbear-eCapital Reports HSBCs China Expansion Acquiring Citigroups Wealth Business
HSBC (HSBA) acquires Citigroups China wealth management business, reaffirming its commitment to Chinas booming economy, as the bank strategically focuses on Asias growth potential. In a strategic move …
Rising U.S.-China Tensions – It’s More than Just Politics: How Escalating Tension Can Impact Your Wallet and the Financial Landscape
For example, Apple’s stock fell by more than 6% on rumors that China would stop government workers from using iPhones. In a rapidly changing financial landscape shaped by escalating U.S.-China …
Refreshed China-Germany deal helps Beijing keep economic foothold in West amid US-led decoupling
At the first high-level talks between China and Germany in four years, both sides agree to update a financial cooperation agreement, but trade appears sidelined.
Vice-Premier He Lifeng shown to be China’s point man on economic ties, reaching trade agreement with Germany
He, a confidant of President Xi Jinping, covers a bigger footprint in the trade portfolio than his predecessor Liu He but is not responsible for tech or manufacturing.
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