China will improve its supervision mechanism for the $66 trillion financial sector and regulate all sorts of financial activities, according to the ruling Communist Party’s long-term plan for the …
Tagged By finance
Beijing promises to support ‘high-quality development’—and signals a tolerance of slower growth
Some Chinese citizens are branding the post-pandemic era “history’s garbage time”, referring to a game when a losing team has no chance of a comeback.
Foreign financial institutions upbeat on China’s economy
BEIJING: Overseas financial institutions have expressed their confidence in the prospects of China’s economy, as the country’s high-quality growth efforts are gradually paying off.
Wall Street’s record hot streak just hit a wall
You can blame China, Trump, Apple, and Nvidia.
Chinese officials expect bumpy ride for economy after policy meeting
By Joe Cash and Liangping Gao BEIJING (Reuters) -Chinese officials acknowledged on Friday the sweeping list of economic goals re-emphasised at the end of a key Communist Party meeting this week …
A new round of Trump tariffs on China would drastically slow its economy
Taking into account the effects of Trump’s 2018 China tariffs, economists from UBS offered a simplified model of what a new round would do, assuming that China doesn’t retaliate, other countries don’t …
Exclusive: Hit by client exits, PwC to slash China partners’ pay
PricewaterhouseCoopers (PwC) has asked its China-based partners to take a pay cut of up to 50%, two people with knowledge of the matter said, as a regulatory probe into the firm and departure of some…
Fears of a ‘Fast and Furious’ Trump Trade War on China
The possibility that former President Donald Trump could win a second term has spurred China watchers to map out potential consequences for the world’s No. 2 economy: in particular, what happens if …
China allocates funds for disaster relief work
The funds will be distributed to Jiangsu, Shandong, Henan, Chongqing, Sichuan and Shaanxi for emergency response work, such as search, rescue, transfer and resettlement of people affected by disasters …
Beijing United Information TechnologyLtd Leads Three Growth Companies With High Insider Stakes
As global markets navigate through a landscape marked by trade tensions and shifting investment trends toward value and small-cap shares, investors are keenly observing how different sectors and …
China Acknowledges Economic Woes. The Market Needs a Lot More.
At a twice-a-decade policy meeting, Chinese leaders didn’t outline concrete measures to reform the domestic economy.
China puts tax reform in sights as leaders mull government’s role in alleviating pressure
More than 300 reform directives, including the need for a fiscal and tax overhaul, will be officially outlined following Beijing’s third plenum.
China to Help Local Gov’ts Face Financial Difficulties, Senior Official Says
(Yicai) July 19 — China will introduce a series of measures to help local government address the financial difficulties they are facing, according to the executive deputy director of the office of …