China is planning to “actively expand” effective investment and boost consumption to prop up its economy against strong domestic and overseas headwinds, while considering to cut taxes to boost …
Tagged By finance
China Stock Market May Reverse Friday’s Losses
The China stock market on Friday ended the three-day winning streak in which it had gathered almost 85 points or 2.4 percent. The Shanghai Composite Index now rests just above the 3,665-point plateau …
China’s Stats Accentuate Positive, Play Down Negatives, Former Finance Minister Says
A former Chinese finance minister criticized the country’s statistics for not properly reporting negative economic changes, with the rare harsh public statement from a senior figure highlighting …
China raises requirement for banks’ forex deposits, 2nd time this year
China’s central bank on Dec 9 announced it will raise the reserve requirement ratio (RRR) for foreign currency deposits by 2 percentage points, starting from Dec 15. This is the second time the People …
India-Russia ties: why Putin-Modi arms deals are a problem for both China and the United States
Since the start of the Ukraine crisis, Russia has been getting closer to China. Yet now Moscow is selling India weapons likely to be pointed in Beijing’s direction.
China’s Foreign Ministry Speaks Out on Democracy Summit
China’s Foreign Ministry Speaks Out on Democracy Summit. Dec. 11, 2021 (EIRNS)—The Chinese Foreign Ministry issued a lengthy response to the “Summit for Democracy” held by …
China won’t have US-style subprime mortgage crisis: former PBC chief
China does not have structural shortcomings that will trigger a subprime mortgage crisis like the one that occurred in the US in 2007, as the country’s urban and rural housing demand continues to rise …
Green finance: Sustainability-linked bonds boom as investors demand companies commit to fighting climate change
Financial instruments linked to sustainability will form the next phase in the evolution of green fundraising in Asia, as investors demand companies show their commitment to fighting climate change, …
As US tech bubble grows, China’s crackdown looks less like madness and more like method
Seen against the tech tycoon worship in the West steering market capital into glitzy stocks instead of real economy needs, creating a ‘cult of the equity’, Beijing’s crackdown looks more pragmatic …
Report unveils how cash from Taiwan island into US think tanks results in tougher rhetoric on China
The Taipei Economic and Cultural Representative Office (TECRO) has kept appearing as a major funding source to think tanks in the US, which have made increasingly louder voices to push the US to …
Show us the numbers on China’s economic risks, former finance minister says
China’s economic data should reflect more of the country’s major problems rather than just presenting a rosy picture, according to outspoken former finance minister Lou Jiwei. At a forum held by the …
Crapo: Trade is critical for economic growth and dealing with China
Opinion: China’s encroaching aggression in the Indo-Pacific region is a threat to international and regional security. Trade is critical not just for economic growth and strength, but also in the …
China creates plans for 2022’s financial prosperity
Dec. 10 while the Central Economic Work Conference in Beijing, which takes place every year, came to a conclusion that China’s senior offi …
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