The financial sector is under pressure from the Chinese Communist Party to give up its profits and put itself at the service of ‘common prosperity.’ …
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China’s stubborn deflation really is a global economic problem
China is spiraling deeper into deflation, and it’s not just Beijing’s problem anymore—it’s everybody’s. Prices have been falling for six straight quarters. One more, and China ties the grim record …
China makes steps to increase economic stimulus measures
Commitments have been made to boost consumption and loosen monetary policy but there is little detail of what measures the government will undertake.
How China could retaliate against the US in a trade war, according to a Yale economist
China has a lot of potentially damaging options if Donald Trump unloads massive tariffs on goods from the country, Stephen Roach said.
China bank lending rises far less than expected, more policy steps needed
New bank lending in China rose by far less than expected in November, highlighting weak credit demand in the world’s second-largest economy as policymakers pledge to roll out more stimulus measures.
China to roll out personal pension program nationwide
China’s third pension pillar program, which allows participants to open personal pension accounts, will be expanded nationwide after a two-year pilot, the Ministry of Human Resources and Social Security said in a statement released Dec.…
Biden Administration Looks to Reinforce U.S.-China Ties Ahead of Trump’s Return
Senior Treasury officials are holding a final round of talks with a new round of economic volatility on the horizon.
China’s CATL offers suppliers financial support to drive battery innovation
China’s CATL has told suppliers it is willing to provide them with financial support to speed up technology innovation in battery materials and equipment, part of efforts to relieve stress on its …
China prepared to double down on support for economy as tariffs loom
One of the biggest: threats by President-elect Donald Trump to sharply raise tariffs on imports from China once he takes office. Here’s a look at the priorities outlined in this week’s meetings in …
Can China climb out of economic stagnation in 2025?
In September, the People’s Bank of China launched the largest economic stimulus measures since the COVID-19 pandemic, releasing about 1 trillion yuan into the banking system. In November, the finance …
China central bank promises to keep yuan exchange rate stable
BEIJING, Dec 13 (Reuters) – China will firmly prevent overshooting risks of the yuan exchange rate and keep the rate basically stable, its central bank said on Friday, state media reported. The People …
Global markets wobble as China’s plans fall flat, Fed rate cut looms
A sense of unease has washed over European stock futures, mirroring a downturn in Asian markets. This synchronized slide comes in the wake of a Chinese economic conference that failed to ignite the …
China’s bond market sees more economic pain ahead
Investors in Chinese bonds head for 2025 betting there will be no miraculous recovery in the economy, putting them at odds with an equities market that has wagered on a revival in consumption.
