China’s new yuan loans contracted in July for the first time in 20 years as the economy struggled, falling well short of analysts’ forecasts.
Tagged By banking
How China’s Tax System Is Failing: The Untold Story of an Economic Crisis
China, one of the world’s largest economies, is grappling with a major tax problem that’s beginning to ripple through its financial and economic systems. While China’s rapid growth over the past few …
How Trump’s economic takeover mirrors Beijing’s playbook
President Donald Trump’s second-term push to control American business through state-directed policies has drawn sharp comparisons to China’s authoritarian economic model, marking a dramatic break …
La UE insta a China a levantar sanciones contra bancos lituanos
La Unión Europea instó el jueves a China a revocar las sanciones impuestas a dos bancos lituanos, argumentando que no hay …
Why China’s Debt Crisis Should Concern You: The Global Impact Explained
China’s debt crisis is escalating, and it’s something the world should be paying close attention to. As the world’s second-largest economy, China’s financial stability has significant implications for …
China’s New Loans Fell in July for First Time in Two Decades
A key measure of lending at Chinese banks contracted for the first time in two decades in July while broad credit growth slowed, as borrowing demand languishes in an economy stuck in deflation.
China’s property investment falls 12% y/y in January-July
Property investment in China declined 12.0% in the first seven months of the year from the same period last year, after dropping 11.2% in the first half, official data showed on Friday.
U.S.-China chip war: How Trump’s Nvidia-AMD deal has redefined Washington’s export control policy
One dismayed Democratic lawmaker said the move signals to China “that American national security principles are negotiable for the right fee.” …
The EU urges China to lift ‘unjustified’ sanctions on Lithuanian banks
The EU’s latest Russia sanctions package, adopted in July and effective August 9, included Heihe Rural Commercial Bank and Heilongjiang Suifenhe Rural Commercial Bank. The bloc accused them of …
Chinese hotels turn to hawking food as guests tighten belts
Every evening, staff at Beiyuan Grand Hotel in Beijing set up street stalls selling freshly-cooked gourmet dishes trying to make up for falling revenue indoors as Chinese consumers and firms cut …
A Double Jolt For Chinese Stocks — Thanks To Trump And Beijing’s Big Bet
U.S.-listed Chinese stocks rallied sharply Wednesday morning, as Beijing’s new stimulus targeting consumer loans and service-sector businesses signaled a deeper commitment to reviving domestic demand …
🏦 Banking blackout — Beijing bans 2 Lithuanian lenders in revenge for EU sanctions on Chinese banks
China has taken strong action against two European Union banks, in a move that signals rising tensions between Beijing and Brussels. The measures were announced by China’s Ministry of Commerce on …
Beijing urged to curb ‘free milk tea’-style cash burn in e-commerce battle
Instant retail has potential to boost domestic demand, but more government policy support needed to end excessive competition, central bank adviser says.
