Senior Treasury officials are holding a final round of talks with a new round of economic volatility on the horizon.
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China’s CATL offers suppliers financial support to drive battery innovation
China’s CATL has told suppliers it is willing to provide them with financial support to speed up technology innovation in battery materials and equipment, part of efforts to relieve stress on its …
China prepared to double down on support for economy as tariffs loom
One of the biggest: threats by President-elect Donald Trump to sharply raise tariffs on imports from China once he takes office. Here’s a look at the priorities outlined in this week’s meetings in …
Can China climb out of economic stagnation in 2025?
In September, the People’s Bank of China launched the largest economic stimulus measures since the COVID-19 pandemic, releasing about 1 trillion yuan into the banking system. In November, the finance …
China central bank promises to keep yuan exchange rate stable
BEIJING, Dec 13 (Reuters) – China will firmly prevent overshooting risks of the yuan exchange rate and keep the rate basically stable, its central bank said on Friday, state media reported. The People …
Global markets wobble as China’s plans fall flat, Fed rate cut looms
A sense of unease has washed over European stock futures, mirroring a downturn in Asian markets. This synchronized slide comes in the wake of a Chinese economic conference that failed to ignite the …
China’s bond market sees more economic pain ahead
Investors in Chinese bonds head for 2025 betting there will be no miraculous recovery in the economy, putting them at odds with an equities market that has wagered on a revival in consumption.
China Officials Vow They Have Economy’s Back—but Still Don’t Say How
Investors may not get much in the way of details about significant policy or stimulus moves until March, when the National People’s Congress meets.
The White House is cracking down on overdraft fees
The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s largest banks.
China Might Be Pivoting To ‘Moderately Loose’ Monetary Policy, But Experts Feel ‘Bazooka-Style Stimulus’ Won’t Arrive Immediately
What Happened: China’s leadership surprised markets on Monday by indicating a shift in monetary policy after 14 years. The change to a “moderately loose” stance, last used during the 2008 financial …
China pledges more debt, rate cuts to counter Trump’s tariff threats
China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it girds for more trade tensions with the U.S. as …
China cybersecurity regulator to continue crackdown on illegal financial services online
Cyberspace Administration of China says it has taken action against a number of accounts on social media platforms.
China pledges more borrowing and interest rate cuts to counter Trump’s tariff threats
China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it girds for more trade tensions with the U.S. as …
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