In recent weeks, Beijing policymakers have begun to roll out a significant package of easing measures designed to lift China from its prolonged period of economic weakness.
Tagged By finance
Why Xi Jinping changed his mind on China’s fiscal stimulus
After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?
China think tank proposes $280 billion stock market stabilisation fund
A Chinese policy think tank has called for Beijing to issue 2 trillion yuan ($280 billion) of special treasury bonds to set up a stock market stabilisation fund, the 21st Century Business Herald …
China pins stimulus on money merry-go-round
China’s economy has long been supported by a great wall of debt, much of it hidden off local governments’ balance sheets. To reboot economic growth, Beijing plans to swap these borrowings into bonds …
IMF warns on China’s property market worsening as it cuts country’s growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.
China’s Economic Stimulus Isn’t a Game Changer, JPMorgan’s Zhu Says
Beijing’s latest blitz of economic policy measures is designed more to mitigate risks than to provide broad stimulus in the near term, according to Haibin Zhu, chief China economist at JPMorgan Chase …
China’s stimulus measures not enough, Yellen and IMF chief economist say
China’s latest stimulus measures moves will not meaningfully boost domestic demand, leaving a major source of trade friction intact, U.S. Treasury Secretary and International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Tuesday.
China Think Tank Urges $281 Billion for Market Stabilization
China should issue 2 trillion yuan ($281 billion) of special government bonds to help create a market stabilization fund, according to a top government-linked think tank.
Have We Reached “Peak China?”
I recently spoke with Logan Wright, who leads China market research at the Rhodium Group, about how to think about the next phase of China’s development.
HSBC Overhauls Bank, Seeking to Balance China and the West
The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.
Behind Xi Jinping’s u-turn on China’s fiscal stimulus strategy
China’s leadership stunned markets by pulling a 180 on its approach to economic stimulus. Xi Jinping, who for years stood firm against massive fiscal injections into the economy, now leads one of the …
HSBC splits bank amid growing tensions between China and the West
HSBC has unveiled a sweeping overhaul of its bank separating its UK division from its Asia business amid growing geopolitical tensions between China and the West. The lender on Tuesday announced that …
China’s central bank moves to jolt stock market with 50-billion-yuan swap operation
Swap facility lets brokers, asset managers and insurance companies exchange assets with poorer liquidity, enabling them to get liquid assets for stock purchases.