Author of the best-selling personal finance book “Rich Dad Poor Dad” recently shared his thought on China’s stock market rescue program.
Tagged By finance
Alibaba’s Ex-CEO Joins Mystery Beijing Fund Months After Exit
(Bloomberg) — Former Alibaba Group Holding Ltd. chief Daniel Zhang has joined a little-known Chinese investment fund, a surprise twist to a long career during which he oversaw the rise and decline of …
China’s fiscal revenue down 2.3% in first two months of 2024
BEIJING – China’s fiscal revenue fell 2.3 percent year-on-year in the January-February period, but rose 2.5 percent after adjusting on comparable basis, Deputy Finance Minister Liao Min said Thursday.
China’s new rules on consumer finance to defuse risks, promote consumption
As China’s consumption demand will be further released amid an upward economy, the improved regulatory rules will promote consumer finance companies to play a more important role in boosting …
China’s Economy Is Bottoming. When Do Chinese Stocks and Commodities Become Buys?
It looks like China may have finally hit an economic bottom. How should you trade this new momentum in Chinese stocks and commodities? More From InvestorPlace The #1 AI Investment Might Be This …
Trump VP contender Noem ducks question on his China tariff plans
The South Dakota GOP governor declined to directly weigh in on Trump’s threat of steep new tariffs on Chinese goods.
China’s central bank leaves benchmark lending rates unchanged, as expected
China has set an economic growth target of “around 5%” for 2024, a rate that economists say is ambitious and calls for more stimulus, including monetary and fiscal easing …
China has ‘bigger fish to fry’ despite Japan upping interest rates for first time in 17 years
Japan ended eight years of negative interest rates on Tuesday, but analysts do not expect any direct impact on China, which is prioritising the stability of the yuan over rate cuts.
CERAWEEK China’s refined product demand to fall by 20 mln tons per year -Sinopec CEO
Rising sales of electric cars in China will reduce refined product demand in the nation by 20 million tons per year, the CEO of China’s largest oil refiner said on Tuesday.
Evergrande Crisis: A Symptom of China’s Real Estate Bubble and the Crackdown on Corporate Fraud
This is a historic case that highlights the vulnerability of China’s booming real estate market and the government’s resolve to enforce financial discipline. The business and its chairman were charged …
China cuts holdings of US Treasury debt in January, ending 2-month rise
China’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increase, according to data released by the US Department of the Treasury on Tuesday. As the second …
China blasts criticism of new Hong Kong security law
BEIJING: China blasted critics of Hong Kong’s new national security law on Wednesday (March 20), after Western powers and the United Nations said it would further curtail freedoms in the finance hub.
China’s economy at critical phase of transition
Additionally, China’s foreign exchange reserves have consistently maintained the top position for several years. The development of digital finance, green finance, and inclusive finance places China …
