While much of the focus in currency markets right now is how the prospect of slowing Federal Reserve rate hikes has helped fuel dollar weakness, the biggest factor may be across the world in China.
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China’s economy will continue to struggle, says wealth management firm
Michael Yoshikami of Destination Wealth Management says the country still has “some real fundamental problems” in addition to Covid-19.
China’s big four banks $550m short of meeting loss provision
Expect a flurry of senior non-preferred issuance bonds from the lenders. China’s four biggest banks are still $550m (RMB3.7t) short of meeting the total loss-absorbing capital or TLAC provision in …
Why China’s one-child policy is now backfiring
After three decades of being limited to having one child, Chinese families no longer see the need to have bigger ones as the costs mount up.
China encourages foreign capital to set up R&D centers in the country
China also encourages financial institutions to offer financial support to those centers and will support legal cross-border R&D data flows, said the statement.
Optimism has been returning to China’s economy — but can it last?
Much depends on how quickly the country’s ’tsunami’ of COVID infections lasts, and whether Beijing’s unpredictable virus-control policies hamper or foster growth, analysts say …
FirstFT: China’s population falls in historic shift
Also in today’s newsletter, IMF signals upgrade to forecasts, and lessons in preparing for war on the Korean peninsula …
China just reported atypically weak economic growth for 2022. Here’s how this year will be different.
Pro-growth government measures and pent-up consumer demand could help the economy expand 6% in 2023, experts say.
As China reopens, Davos optimistic about global economy
World Economic Forum speakers at Davos expressed optimism for short-term global economic growth in the wake of China’s reopening following the easing of strict “zero COVID” measures.
Home and Away: Bank of Japan, China Data, Davos Distract From Bank Earnings as Yields Rise, Stocks Retreat
Market Open) Following Friday’s mixed earnings performance from four of the largest U.S. banks, Tuesday kicked off with more mixed results from two closely followed names in investment banking. That, …
The Problem(s) With China’s Population Drop
In any case, it’s clear that China’s population is or soon will be at a peak; the best bet is probably that population has been falling for several years. But why consider this a problem?…
Nomura cuts 18 Asia banking jobs as dealmaking slows -sources
Investors stand in front of a screen showing the logo of Nomura Holdings in Tokyo, Japan, December 1, 2015. REUTERS/Toru Hanai …
China GDP: economy grew by 2.9 per cent in fourth quarter, 3 per cent in 2022 second-lowest since 1976
China’s economy grew by 2.9 per cent in the fourth quarter of 2022, compared with a year earlier, bringing the overall growth rate for last year to 3 per cent, data released on Tuesday showed.