China’s credit engine, which once powered industries and markets all over the world, is stuck in low gear – and set to stay there.Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction …
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EU hits Chinese EVs with tariffs, drawing stern words from Beijing
BRUSSELS (Reuters) – The European Commission told automakers on Wednesday it would impose extra duties of up to 38.1% on imported Chinese electric cars from July, risking retaliation from Beijing …
Inflation in China is Finally Beginning to Stabilize
China’s consumer inflation remains stable, while producer prices show signs of improvement, indicating sluggish demand amid an ongoing property downturn.
China installs toilet TIMERS to broadcast how long subjects are in the loo amid sinister rise of ‘social credit’ system
CHILLING footage has revealed the use of dystopian toilet timers in China – an ominous development in the surveillance-obsessed state. Not only does China’s Yungang Buddhist Grottoes boast …
EU hits Chinese EVs with tariffs, drawing rebuke from Beijing
The European Commission notified car makers on Wednesday that it would apply additional duties of up to 38.1% on imported Chinese electric vehicles from next month, a move likely to draw possible …
Central Bank Outlooks, Inflation Churn Asian Stock Markets
Asian stock markets plotted unevenly Wednesday as traders awaited outcomes of policy sessions from the US Federal Reserve and the Bank of Japan, and weighed a May inflation report from Beijing. Hong …
G7 Summit In Italy To Address Concerns Over China’s Overproduction And Export Controls: Report
The Group of Seven nations is anticipated to raise concerns about China’s overproduction and export controls at an upcoming summit in Italy. What Happened: The G7 leaders, including the U.S., Germany, …
Norway just loosened China’s stranglehold on rare minerals critical to the global economy—and it’s a huge win for Europe and the U.S.
China currently processes 90% of the world’s rare elements; breaking that dominance is a top priority for Europe and the U.S.
China’s National Financing Credit Service Platform: Insights and Impact
China has actively developed a National Financing Credit Service Platform to bolster the private sector by enhancing financial support.
China Said to Weigh Ban on Bank Distribution of Hedge Fund Products
Bloomberg has learned that Chinese regulators are considering tougher restrictions on how banks sell financial products to the public. Such a move could cut off a major distribution channel for some of the nation’s largest hedge…
Biggest Bank in the World Says Ethereum Is ‘Digital Oil,’ Bitcoin ‘Digital Gold’: Report
The world’s biggest bank, the Industrial and Commercial Bank of China (ICBC), is reportedly calling Bitcoin (BTC) “digital gold” and Ethereum (ETH) “digital oil.”
China’s mild inflation fails to quell fears over weak demand
Beijing | China’s consumer price growth was weaker than expected in May and factory prices dropped for the 20th month in a row, fuelling concerns the world’s second-largest economy is failing to shake …
China’s mild inflation fails to quell fears over weak demand
Beijing | China’s consumer price growth was weaker than expected in May and factory prices dropped for the 20th month in a row, fuelling concerns the world’s second-largest economy is failing to shake …
