Finance leaders of the Group of Seven (G7) advanced economies will debate this week the idea of implementing targeted controls on investments to China, which analysts see as a double-edged sword that …
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China’s Credit Issuance Slowed, Household Loans Dropped in April
The amount of credit issued in China last month fell sharply from the month before, after strong growth in the first quarter, and household loans contracted for only the fifth time since records began …
China, Russia loom large over G-7 Finance Ministers Niigata meeting
The finance chiefs of the Group of Seven (G-7) bloc of wealthy industrialised nations will discuss on Friday ways to beef up resilience in supply chains, so that developing countries can wean off …
The yuan.. Beijing’s bet against the West and breaking the domination of the dollar
Beijing has been keen to reduce its dependence on the US dollar. Driven by the desire to increase his influence and the risks | The Eastern Herald …
China’s JD.com promotes finance chief to CEO role as Xu Lei resigns
China’s e-commerce giant JD.com Inc , said on Thursday its chief executive Xu Lei will step down, with the company’s chief financial officer taking on the role.
China’s JD.com promotes finance chief to take over as CEO
China’s e-commerce giant JD.com Inc , said on Thursday that its chief executive Xu Lei will step down and the chief financial official of the company will take over the position.
The meaty mystery at the heart of China’s economic growth
Another article, by Wang Mingyuan, a think-tank researcher, suggests that the barbecue hype is a sign of the end of a decades-long economic cycle. The small cities where most of China’s population dwell have run…
China the Target of New G-7 Push Against ‘Economic Coercion’
Group of Seven nations aim to send a signal to China this month by announcing a joint effort to counter “economic coercion,” even as they struggle to agree on more than a broad statement of…
GLOBAL MARKETS-Asian stocks waver on China deflation worries, mixed Japan earnings
In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.1%, reversing gains in the morning session, as fresh worries about weak demand in China weighed on sentiment. China’s consumer prices rose at…
Asia markets mixed as investors digest U.S. consumer prices; China’s inflation eases
Asia-Pacific markets are set for a cautious open after Wall Street saw a tech rally as U.S. consumer price index rose less than expected for April. The consumer price index showed a reading of 4.9%…
China April new bank loans tumble to 718.8 billion yuan, far below forecasts
Chinese banks extended 718.8 billion yuan (US$103.99 billion) in new yuan loans in April, tumbling from March and sharply missing analysts’ estimates.Analysts polled by Reuters had forecast new yuan …
UPDATE 1-China April bank loans tumble more than expected, raise pressure on c.bank
New Chinese bank loans tumbled far more sharply than expected in April, adding to worries that the economy’s post-pandemic recovery is losing steam and putting pressure on the central bank to ease …
Yellen says G7 members looking at how to counter China’s ‘economic coercion’
U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies shared U.S. concerns about China’s use of “economic coercion” against other countries, and …