Simon Baptist of The Economist Intelligence Unit says it expects China’s economy to grow by only 4% this year, as it’s in a “really weak state.” …
Tagged By banking
Caving to China Won’t Fix Biden’s Inflation Crisis
America has a severe inflation problem. We feel it every time we go to the grocery store, or a restaurant, renew an apartment lease or fill up our car—our paychecks …
China’s Southern Strategy
Toward this end, starting in the mid-1950s, Beijing provided technical and financial assistance to revolutionary and anticolonial liberation movements in the Third World. China’s own domestic turmoil …
China’s Exports Rebound in May as Covid Disruptions Ease
(Bloomberg) — China’s exports grew at a faster pace in May than the previous month as Covid disruptions to production and logistics eased. Most Read from Bloomberg Target Tries to Save Itself by …
Overseas investors add A-share investment on China stimulus measures
Overseas capital is buying more yuan-denominated A-shares in China, with investment confidence boosted by a slew of stimulus measures unveiled recently to stabilize the economy while the COVID-19 …
US financial regulators threaten to delist Chinese companies but will Beijing compromise to save their American dream?
For decades, Chinese billionaires and entrepreneurs have dreamt of their companies making it on the New York stock exchange, but now they face the risk of being delisted if Beijing does not step back.
Russia and China’s War on the Dollar Is Just Beginning
Is this a fact that can be taken for granted, or does a Sino-Russian alliance pose a tangible threat to Washington’s financial hegemony? The speed and scope of China’s rise has been the …
Biden’s push to undermine IP rights harms the US and helps Communist China
China has an extensive record of violating property … as noted by a bipartisan group of senators including Senate Finance Committee Chairman Ron Wyden (D-Ore.), Ranking Member Mike Crapo …
Potential Risk for Financial Firms in China’s New Draft Cybersecurity Rules: Mandatory Data Storage, Sharing With CSRC
A leading lobbying group in the Asia Pacific region is raising a warning about China’s new proposed cyber security rules for financial firms, sending a letter to the China Securities Regulatory …
Will China’s ‘Global Security Initiative’ Catch on?
China has no shortage of ambition … reserves have left the nation of 7 million acutely vulnerable to global financial shocks. Keeping the economic sunshine shining amid growing global tensions …
China’s policy bank extends 30.6b yuan of loans to support agriculture
The China Development Bank (CDB), one of the country’s policy banks, extended 30.6 billion yuan ($4.59 billion) in loans in the first five months to support the country’s agriculture sector. The loans …
Downward pressure on China’s economy still striking – cabinet
The downward pressure on China’s economy is still striking, state media quoted the cabinet as saying on Wednesday. The cabinet reiterated that China will strive to achieve reasonable economic growth …
China’s central govt to allocate $492 mln to struggling airlines
China’s finance ministry on Wednesday said it would allocate 3.29 billion yuan ($492.04 million) in the first batch of cash subsidies to airlines this year, part of the government’s efforts to rescue …