With the looming unpredictable clouds over China’s economic landscape, UBS has recently shed some light on how to navigate this turbulent financial storm. Drawing upon their insights and expertise, …
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China’s self-driving vehicle ambitions are motoring towards significant legal and financial roadblocks, experts say
In select areas of Shenzhen, the southern tech hub linking Hong Kong to China’s mainland, Beijing’s futuristic vision of an “intelligent connected” road system is taking shape, with “self-driving” …
China ramps up backing for its yuan with housing market
China’s central bank, the People’s Bank of China (PBoC), declared a strategic move to cut the reserve requirement of foreign currency for financial institutions. This not-so-subtle signal of their …
BMW expects higher China sales in 2023, finance chief says
In his first interview since becoming finance chief in May, Walter Mertl told Reuters that BMW had been able to grow 3.7% in China in the first half, faster than the world’s top auto market…
China’s Xi Jinping vows to open service sector to boost cross-border trade and investment
Chinese President Xi Jinping says country will ease market access in areas such as telecoms, tourism, law and vocational exams However, Beijing must bring domestic standards in line with international …
Belt and Road China deal did not bring expected results: Italy Finance Minister
Trade between Italy and China has not improved as expected since Rome joined Beijing’s Belt and Road Initiative four years ago, Italy’s Foreign Minister said on Saturday. Under a previous government, …
Beijing, Shanghai easing of mortgage condition sends positive signal, more cities to follow suit: experts
Beijing and Shanghai on Friday eased mortgage rules to stabilize … According to the notice issued by the People’s Bank of China, the central bank, and the National Administration for Financial …
Taylor: What’s threatening China’s economic future
The Evergrande City Plaza shopping mall in Beijing, outside a residential complex built by indebted property developer Evergrande, is deserted on Aug. 18. Evergrande filed for Chapter 15 bankruptcy …
China’s economic stimulus gathers pace with consumption and property moves, but more needed for drastic reversal
Policies to lower existing mortgage rates and tax cuts for families with children and elderly relatives are some of the most substantial taken And while they have fuelled expectations for further …
China ETFs attempt to book best day in a month after PBOC vows to support weak yuan with forex reserve ratio cut
Exchange-traded funds that invest in Chinese stocks are on track for their best day in a month after People’s Bank of China said that it will lower …
China GDP Growth Slows Down Hard, Revealing Unsustainable Pace Of The Past
GDP growth rate plunges down to levels not seen since the height of the pandemic. Many factors are contributing to slower growth and instability.
U.S. Commercial Real Estate Seems Safe From China’s Troubles. That Could Change Fast
Some have even speculated that the companies’ liquidity problems constitute a “Lehman moment” for China — a reference to U.S. banking giant Lehman Brothers’ September 2008 bankruptcy filing that …
UBS says sell Volkswagen and Renault shares — China will crush them
Shares of Renault and Volkswagen are falling in Europe, after UBS downgraded both to sell, citing the seriousness of China’s competition.
