China has begun to step into the market to help end a stock rout since January 2021, as its post-Covid economic recovery lost momentum. Regulatory scrutiny has also increased, leading to a tightening …
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Beijing pledge saves China stocks from Asian slump: markets wrap
Asian stocks mostly dropped on reduced expectations for a swift Federal Reserve pivot to monetary easing. Chinese shares bucked the trend after authorities intensified rescue efforts.
China’s overseas investments to go green in 2024, ‘clear need’ for Belt and Road Initiative to focus on renewable energy
China’s US$7.9 billion energy related so-called engagements – including investment projects and construction contracts – on belt and road projects last year were already “the greenest in absolute and …
What’s Hot, What’s Not: China Stocks Are Out. Top Picks From 3 Other Countries
A day doesn’t go by when another large asset management firm discusses why they are abandoning China for other international stock picks. The reality is that China stocks are out, but you should still …
China’s Steps to Aid Stocks Won’t Fix the Problems. Why They’re a Positive Sign.
Beijing’s latest efforts to stop the rout in the stock market will likely fail, but the fact that authorities are paying increased attention could mean prices are getting close to finding a …
China’s New Currency Playbook
There is little doubt that China rather actively managed its currency in 2023. For a period of time in the fall, the People’s Bank of China’s (PBOC’s) central parity rate, or “fix” – the midpoint…
Beijing Continues To Mismanage China’s Property Problems
The latest news makes matters altogether too clear. According to Beijing’s National Bureau of Statistics, the value of property sales in China fell 17% this past December from year-ago levels, worse …
US, China Officials to Meet in Beijing, Furthering Economy Talks
US and Chinese officials will hold talks on economic issues in Beijing this week, in the latest round of re-engagement between between the world’s two largest economies.
China Hands a Suspended Death Sentence to a Former Bank CEO
The former president of one of China’s biggest privately run banks has been sentenced to death by a Chinese court. The sentence has been suspended for two years. Tian Huiyu, 58, was for nine years…
Beijing airports enhance payment facilities for foreigners
BEIJING, Feb. 5 (Xinhua) — Beijing Capital International Airport and Beijing Daxing International Airport have created a more convenient payment experience for foreign visitors.
China has vowed to save its crashing stock market, but investors are just not convinced
China vowed to crack down on short-selling and insider trading, attract investment from longer-term funds, and listen to investors earnestly.
China’s services activity expands at slower pace in January amid soft start to 2024
China’s Caixin/S&P Global services purchasing managers’ index (PMI) edged down to 52.7 in January from 52.9 in December, data released on Monday showed.
Distressed Chinese developers get project loan backing as Beijing ramps up support
More distressed property developers in China have had projects added to local authorities’ so-called whitelists, reflecting the rapid expansion of a government policy aimed at injecting liquidity into …
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