China still has room to lower interest rates, but its ability to adjust monetary policy faces internal and external constraints, the official Financial News said on Monday, citing industry experts.
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China interest rate cuts face internal and external constraints, state media says
China still has room to lower interest rates, but its ability to adjust monetary policy faces internal and external constraints, the official Financial News said on Monday, citing industry experts.
China’s property investment slump worsens in January-May
BEIJING (Reuters) – Property investment in China fell 10.1% in the first five months of 2024 from a year earlier, after dropping 9.8% in January-April, even as policymakers doubled down on efforts to …
China Leaves Key Rate Unchanged on Currency Pressure, Liquidity
(Bloomberg) — China’s central bank left a key interest rate steady for the tenth straight month, displaying caution on monetary easing given abundant liquidity and pressure to prevent the yuan from …
Xi’s battle to stop investors fleeing China may be about to get easier
A new International Monetary Fund analysis shows global capital flows have soared in the US and plummeted in China and emerging markets.
Adidas investigates bribery allegations in China, Financial Times says
Probe launched after company received a whistleblower complaint that accused senior staff of embezzling ‘millions of euros,’ the newspaper reported …
China teen kills herself after forced engagement, uncaring fiancé wants bride price refund
A teenager in China has killed herself because she was so distraught about being pushed into marriage with a man she did not like.
Adidas Is Investigating Bribery Allegations in China, FT Says
Adidas AG has launched an internal investigation into allegations of bribery at its China business following a whistleblower complaint accusing senior staff of embezzlement, according to the Financial …
King Charles military badge rollout delayed over fears China could ‘use them for spying’
The introduction of military badges specially redesigned to mark King Charles ’s accession to the throne has been delayed, with claims British Army chiefs fear the insignia could be made in China, …
China wants to fine-tune personal data protection, but doors to government access remain open
China’s cybersecurity standards and data protection agency is seeking public feedback on guidelines for the ‘processing, cross-border transfer and protection of sensitive personal information’ by …
G7 vows to counter ‘economic and national security threats’ posed by China
Draft statement from summit in Italy stresses G7 not trying to harm China or thwart its economic development but aims ‘to level the playing field’.
China Offloads $53 Billion in US Treasuries in Unprecedented Move That Sends Strong Message to Biden
This action highlights China’s strategy to diversify its financial portfolio away from American assets amidst ongoing trade tensions between the two nations. In a related move, Belgium, often regarded …
China approves first ETFs tracking Saudi equities, fund managers say
China approved its first exchange-traded funds (ETFs) investing in Saudi Arabia equities on Friday, fund managers told Reuters, as Beijing expands ties with the Middle East amid rising tensions with …