During a briefing on the state of China’s economy, officials from multiple government departments presented a united front against criticism of the country’s recent showing.
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Starbucks: Why Howard Schultz’s departure could ‘open the door’ for expansion in China
[that] they felt they didn’t need need to have a partnership any longer,” Georgetown professor Arthur Dong told Yahoo Finance. Starbucks has continued to invest in China and research the demand for …
China’s finance ministry issues 5b yuan of treasury bonds in Macao
MACAO — China’s Ministry of Finance on Wednesday issued 5 billion yuan (about $700 million) of yuan-denominated bond in the Macao Special Administrative Region (SAR). The bonds are offered to …
China Ex-PBOC Head Calls for Policy Boost to Hit 5% Growth Goal
(Bloomberg) — China’s economy is still in the “recovery stage” and the nation will need to “appropriately” ramp up support to achieve the government’s growth target of around 5% this year, the former …
Xinhua Silk Road: Guilin Bank steps up efforts to support China-ASEAN cross-border financial cooperation
Guilin Bank, a local bank situated in south China’s Guangxi Zhuang Autonomous Region, has been actively taking a slew of measures to push forward China-ASEAN cross-border financial cooperation, as …
China has ample policy space to handle challenges: central bank
BEIJING – China still has sufficient policy space to deal with greater-than-expected challenges and changes, a senior official of the People’s Bank of China (PBOC), the country’s central bank, said …
Some finance execs in China are spending nearly a third of their working time studying ‘Xi Thought,’ report says
Staff at global banking firms in China are taking part in ideological “study sessions.”
Asian Development Bank trims growth forecast for region, dampened by Chinese property sector weakness
The Asian Development Bank trimmed its 2023 growth forecast for the region to 4.7% on the back of China’s embattled property sector.
China’s central bank says it has ‘ample’ room for further stimulus
The PBOC has added to expectations there could be more easing to come, including interest rate cuts, after this month’s pause.
China Stock Trading Tumbles to 2023 Low as Market Loses Steam
(Bloomberg) — China’s stock turnover sank to a new low for 2023 on … Sentiment has continued to cool in recent weeks despite a raft of measures to support financial markets — including the limiting…
Former governor of central bank Zhou Xiaochuan says China can fuel regional growth amid global high interest rates
Global high interest rates make the cost of borrowing higher with China remaining a prime option for funding to fuel growth in the region, and Hong Kong can play a role in the Belt and…
China Slowdown Will Create Winners And Losers In Global Nomy: Euromonitor International
China’s weaker B2B and private consumption growth will hit exporters and retailers Commodity exporters badly affected especially in Latin America and Australia Lower cost of manufactured goods in …
China LGFV Bond Sales Boom Again as Beijing Steps Up Support
China’s local government financing vehicles are staging a comeback in credit markets, with a surge in yuan bond sales as Beijing intensifies efforts to defuse risks from the debt-laden group of …
