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Tagged By banking
China’s banking system is in free fall right now, says Hayman Capital’s Kyle Bass
why he believes China is currently experiencing a banking system collapse, what it means politically for Chinese President Xi, potential impact on U.S. companies, and more.
Bank auditor flagged Hunter Biden payments from China: Kerri Kupec Urbahn
FOX News legal editor Kerri Kupec Urbahn provides analysis of Hunter Biden’s legal troubles as he faces a maximum of 42 years in prison and discusses former President Trump’s refusal to testify again …
China’s consumer prices fall fastest in three years
China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the …
COP28 tackles climate finance and recognises China’s crucial role in advancing the energy transition
Ambassador Majid Al Suwaidi, the director general of COP28, says China represents Asia as a regional green finance hub, helping emerging-market countries tackle climate change.
As China’s electric vehicles go global, legacy automakers find reducing costs ‘is now more important than anything else’
EV makers in China have significant cost and supply-chain advantages—and they’re aggressively exporting around the world.
Moody’s Wonders If China’s Debt Troubles Echo Bubble-Era Japan
When Moody’s Investors Service announced to the world it might downgrade China, the lessons from Japan’s deflationary nightmare were written between the lines in bold font.
Explainer: How China supports real economy with high-quality financial development
Noting that the capital market has unique advantages in serving the real economy, CSRC Chairman Yi Huiman said China will expedite building a safe, standardized, transparent, open, dynamic and …
Canada Expands Probe of Asia Multilateral Bank
The AIIB was launched in 2016 to counter Western dominance of the World Bank and the International Monetary Fund …
‘Full Banking Collapse’: China Worries Pile Up As Hedge Funder Sounds Alarm
One hedge funder, Kyle Bass, said China was experiencing a “full banking system collapse” in a recent post on X. Bass, who is the CIO of Hayman Capital Management, linked to a recent Reuters article…
Why China’s yuan may stay weak in 2024, regardless of any US Fed interest rate cuts
Chinese economist flags two key risks that could pressure the yuan: weaker-than-expected fiscal expansion and a further contraction in the property market The yuan has lost roughly 6 per cent against …
China’s Nov New Yuan Loans Seen Rising on Policy Support: Reuters Poll
BEIJING (Reuters) – China’s new loans are expected to have jumped in November from the previous month and exceeded the year-earlier amount, a Reuters poll showed, as the central bank works to shore up …
China to spur domestic demand, economic recovery in 2024 – state media
China will spur domestic demand and consolidate and enhance the economic recovery in 2024, the Politburo, a top decision-making body of the ruling Communist Party, was quoted by state media as saying …