BEIJING — China’s top economic planner on Tuesday unveiled a series of detailed measures including tax reductions and cutting red tape to boost the private economy after a general guideline was …
Tagged By banking
China pledges more loan support to business to spur economy
CHINA has pledged to boost credit to private companies and extend other funding measures to small firms as policymakers seek ways to shore up confidence and support the recovery. Read more at The …
China’s equity capital market witnessing green shoots of activity after summer lull, revival is seen come September: BofA
Equity capital market activity in China is about to see a turnaround in the second half of the year after a deal slowdown over summer, a senior Bank of America official said China, which accounted…
Argentina strikes deal with People’s Bank of China to secure US$1.7 billion in yuan for IMF debt
Currency swap to help Buenos Aires make good on US$2.7 billion owed, with remaining US$1 billion balance covered by Development Bank of Latin America No immediate economic benefits for Beijing, but …
China alters terms of $2.4B Pakistan loan
Pakistan’s finance minister on Thursday said China has rolled over a $2.4 billion loan for the cash-strapped Islamic nation for two years, a move aimed at helping the country overcome one of its worst …
GDP worries, new central bank chief, economic action plans: 7 things you may have missed from China’s economy in July
Unemployment among China’s youth rose further in July, while gross domestic product data indicated a continued uneven post-pandemic recovery Beijing also pledged to build the private economy ‘bigger, …
What experts make of China’s economic slowdown
One Chinese academic suspects that the youth unemployment rate could be double the official tally –– at 46.5%.
Wall Street Cues, Central Bank Outlooks, Beijing Stimulus Measures Lift Asian Stock Markets
Asian stock markets generally gained Monday on Wall Street cues, and possibilities for relative easing by major global central banks, including the US Federal Reserve and the European Central Bank.
China Stops Short of Direct Consumer Support to Spur Economy
China is seeking to boost consumption to spur the economy’s recovery, although the government has stopped short of providing direct fiscal support to consumers and companies to increase spending. The …
Weak Chinese factory activity puts pressure on Beijing to support economy
The Chinese Communist party’s senior decision-making body, the politburo, last week announced measures to try to boost the flagging economy, which it acknowledged was making “tortuous progress”.
How China Is Trying to Lift Its Slumping Economy
The National Development and Reform Commission, China’s top economic planning agency, released a comprehensive document on July 31 repeating many of the pledges so far. The document focuses on …
History leaves China stock bulls vulnerable in third quarter as Biden executive order, broken property market challenge optimism
Can China’s onshore stocks overcome the recent poor track record in the third quarter? There are enough reasons for investors to be disappointed, some analysts say.
China iPhone demand could be highlight of Q3 results
Apple will “flex the muscles” in its upcoming quarterly results, Wedbush believes, with higher iPhone demand in China expected to be a high point for the period.
