China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it girds for more trade tensions with the U.S. as …
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Beijing, Central Bank Views Lift Asian Stock Markets
Asian stock markets largely gained Thursday as traders weighed odds the Bank of Japan and the US Federal Reserve will not tighten and may loosen monetary policies at pending meetings. Investors also …
China urged to anchor yuan to non-US dollar currencies to empower domestic tools
China Finance 40 Forum think tank suggests temporarily anchoring the yuan to a basket of currencies, particularly the euro China’s policymakers should consider anchoring the yuan exchange rate to a …
Temu’s billionaire founder lost his title as China’s richest person just 20 days after winning it
Colin Huang’s net worth tanked $14.1 billion after disappointing earnings results from the e-commerce platform.
Beijing Mulls Yuan Depreciation To Counter U.S. Tariffs
China’s policymakers are considering allowing the yuan to weaken in 2025 in response to potential higher U.S. trade tariffs under Donald Trump’s administration. Trump has announced plans for a 10% …
Morning Bid: China FX eyed, markets surge on Fed hopes
A look at the day ahead in Asian markets. Stocks in Asia are poised to rise on Thursday after investors took the latest U.S. inflation data as a final seal on an interest rate cut…
Beijing Energy Secures RMB500 Million Finance Lease Deal
Beijing Energy International Holding (HK:0686) has released an update.Pick the best stocks and maximize your portfolio:Discover top-rated …
China may bank on balance-sheet expansion, not interest rate cuts, for growth: economist
While Beijing is unlikely to implement universal consumption subsidies, officials may try to boost spending by raising incomes, according to Nomura’s Lu Ting.
Dollar gains ahead of CPI, yuan falls as China considers allowing currency to weaken
The dollar gained against European peers on Wednesday (Dec 11) ahead of a highly anticipated reading of US inflation, also boosted by a Reuters report China was considering allowing a weaker currency …
Top creditor China freezes lending to Cambodia, data shows
China has not approved any loans to Cambodia this year, Cambodian finance ministry data for the first three quarters of 2024 shows, even though it has been Cambodia’s top creditor country in recent …
China’s Swaps Hit Pandemic-Era Low on Interest-Rate Cut Wagers
China’s money market is signaling expectations of bold monetary easing by Beijing as it braces for the risk of trade tensions with the US under a Donald Trump administration.
China Begins Annual Economic Meeting to Hash Out Stimulus Plan
China is set to begin its annual economic work meeting on Wednesday to map out policies for next year, with top leaders hinting at more forceful stimulus amid the threat of a potential trade war…
China’s leaders to chart economic plans for 2025: report
China’s leadership will gather Wednesday to hammer out plans to boost the economy next year, reports said, as they look to address weak domestic demand and the possibility of a deepening trade war …
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