Not so hot was a 9% y/y drop in Chinese property investment, the country’s Achilles heel and another argument for the People’s Bank of China to lower loan rates on Wednesday. It’s a packed week…
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House TikTok bill gives China-based owner 6 months to sell. That’s unlikely.
Yet financial experts say the complex legislative process targeting the video app, which is owned by the China-based internet giant ByteDance, may end up being easier than any subsequent transaction.
China’s economic activity starts strong in 2024, though property market remains a challenge
China’s both industrial output and retail sales surprised analysts with stronger-than-expected performance in the early months of the year, providing a welcome boost for policymakers grappling with a …
Asia shares up on China data, await clutch of central bank meetings
Asian shares firmed on Monday as Chinese data surprised on the upside for once, while investors looked to navigate a minefield of central bank meetings this week that could see the end of free money…
China Growth Mixed as Factory Output Jumps, Consumption Lags
China’s economic growth was buoyed by strength in factory output and investment at the start of the year, while a revival in consumption continues to show more muted progress.Most Read from BloombergP …
China’s financial regulator pledges tough regulation with ‘teeth and thorns’ to prevent systemic risks
The National Financial Regulatory Administration (NFRA) will resolutely follow the spirit of the Central Financial Work Conference, Central Economic Work Conference and the recent two sessions, and …
Gold Beans All the Rage With China’s Gen Z as Deflation Bites
With China’s deflation at its worst in 15 years, a volatile stock market and bank interest rates too low for her liking, 18-year-old Tina Hong is placing her financial security in gold beans.
China Police Takes ‘Coercive Measures’ Against Staff at Zhongzhi
Chinese authorities said they took “criminal coercive measures” against some employees at the money management business of Zhongzhi Enterprise Group Co., weeks after a Beijing court accepted the …
China’s yuan loans maintain fast growth momentum in first 2 months
China’s yuan-denominated loans rose by 6.37 trillion yuan (899.8 billion U.S. dollars) in the first two months of this year, maintaining a relatively fast growth momentum, central bank data showed …
China central bank approves Tencent’s Tenpay capital boost to $2.1 billion
China’s central bank has approved Tencent Holdings’ online payment platform Tenpay boosting its registered capital to 15.3 billion yuan ($2.13 billion), according to a central bank statement on Friday …
China c.bank approves Tencent’s Tenpay capital boost
China’s central bank has approved Tencent Holdings’ online payment platform Tenpay boosting its registered capital to 15.3 billion yuan ($2.13 billion), according to a central bank statement on Friday …
Is China’s state-led industrial policy on a perilous path? Some Beijing advisers warn of ‘detrimental’ implications
Injecting funds into strategic industries such as alternative energy has given China a massive leg up on the international competition, but domestic experts say cracks may be showing.
China Feb new bank loans dip more than expected, lending growth at record low
New bank lending in China fell more than expected in February from a record high the previous month, even as the central bank seeks to spur sluggish economic growth and fight deflationary …
