China has rolled out a raft of measures aimed at countering a prolonged downturn in its property market that is dragging on the world’s second largest economy.
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China cuts rates amid moves to help slowing economy
Unlike the US, where inflation thanks to a hot economy has been the main preoccupation of policymakers in recent years, China has been contending with slowing growth and downward pressure on prices …
Wang Yi meets with Japanese FM; dumping of nuclear wastewater, Shenzhen schoolboy case discussed
Chinese top diplomat Wang Yi (right) meets with Japanese Foreign Minister Yoko Kamikawa in New York on September 23, 2024. Photo: Chinese Ministry of Foreign Affairs. Chinese top
China is in a ‘tough spot’ but it’s still the biggest consumer economy in the region, private equity firm says
Weichou Su, partner at StepStone Group, said that confidence is low amid slower growth in China, leading to capital flowing elsewhere in this environment, but valuations are high.
China Is Striking Deals to Cement Its Role as Asia’s Trade Hub
Beijing’s leaders are working with regional neighbors on the country’s western, northern and southern borders to develop new rail and sea links.
Stock Market Today: Asian Shares Gain as China Eases Rates to Aid Property Industry
Asian shares have advanced, with Chinese markets logging the biggest gains after the central bank announced a slew of measures to support the economy
Shenzhen stabbing: boy’s death sparks anger in Japan over China’s ‘anti-Japanese’ education
Editorials, analysts say the Chinese government’s policies have contributed to rising xenophobia and violence targeting Japanese nationals.
Beijing unveils fresh stimulus to boost economy
China’s central bank on Tuesday unveiled a raft of measures to boost the country’s economy, cutting the amount of cash banks must hold in reserve
Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
China’s economic slowdown means people are spending their more limited funds on so-called “pingti” products, high-quality replicas of branded goods known in English as dupes.
China’s 10-Year Bond Yield Falls to 2% for First Time on Record
China’s benchmark bond yield fell to 2% for the first time on record, as the central bank announced a package of monetary policy easing measures.
Trump Blames COVID-19 on “Dust” from “China”, Xitter Not Amused
Former president Donald Trump claimed that COVID-19’s arrival in the U.S. was due to “dust” from “China”, earning him ridicule online.
New COVID-19 XEC variant emerges just in time for fall: What are the symptoms? What to know
Australia based data integration specialist Mike Honey, however, reported that the new strain has been detected in 27 countries, citing strong growth in Denmark, Germany and the Netherlands.Start the …
China’s retirement age reforms not enough to fix pension headache
China’s move to raise retirement ages is a starting point to plug gaping pension deficits and bolster a shrinking workforce but more pain lies ahead as the economy slows, making further reforms urgent …
