President of China, Xi Jinping, has steadfastly supported Vladimir Putin through the years. Yet, as German media suggests, economic ties are increasingly strained by Western sanctions, framing China’s …
Tagged By finance
China’s central bank says it will make efforts to expand demand, boost confidence
China’s central bank will accurately and effectively implement prudent monetary policy, pay more attention to counter-cyclical adjustments and make efforts to expand domestic demand and boost …
China Central Bank Sharpens Focus on Economy’s Short-Term Woes
China’s central bank vowed to get more out of its existing pro-growth policies, acknowledging that the economy is suffering from subdued demand and downbeat sentiment despite some signs of improvement …
China eases car loan policy for first time since 2018 to boost demand
China’s central bank on Wednesday announced revisions to car loans to promote auto trade-ins and scrap government-set minimum down payments for consumers financing new car purchases. The revisions, …
China’s property market is at risk of an overcorrection, not oversupply
There is no risk of China’s property sector woes spreading into a financial crisis but there is a policy-induced housing crisis and restrictions must be further eased.
Yellen to Visit China for Top-Level Economic Talks
The Treasury secretary plans to address a surge of Chinese green technology exports during meetings in Beijing and Guangzhou.
China Stock Market Tipped To Open Under Pressure
(RTTNews) – The China stock market on Tuesday snapped the three-day winning streak in which it had rallied almost 85 points or 2.8 percent. The Shanghai Composite Index now sits just beneath the 3,075 …
China names pioneer team of state firms to take pole position in race to tech’s bleeding edge
A select group of China’s state-owned enterprises (SOEs) has been designated as the vanguard of development for emerging and future industries, another step in Beijing’s campaign to break through to …
Experts Weigh In: China Likely to Impose Conditions on Russian Loan
The relationship between Russia and China has grown closer, but both nations prioritize their national interests, especially in financial matters. However, given the leadership of Vladimir Putin and …
Yellen to press China on ‘unfair’ trade practices during visit
She will then head north to Beijing for talks with Premier Li Qiang, Finance Minister Lan Fo’an and central bank governor Pan Gongsheng, said the Treasury Department. Yellen’s trip comes just eight …
Xi Jinping’s Resurfaced Speech Hints At China’s Central Bank Emulating Federal Reserve Approach
In a potential shift in China’s monetary policy, a resurfaced speech of Chinese President Xi Jinping has indicated that the People’s Bank of China (PBOC) may start trading government bonds to regulate …
China Market Update: Alibaba Joins Tencent’s Buyback Bonanza
After the Hong Kong close and before the US open, Alibaba told filed with the Hong Kong Stock Exchange that, during Q1 2024, the company spent $4.8 billion buying back 65 million ADRs, representing …
Is China’s economy finally bottoming out?
No surprise then to see China’s manufacturing investment beginning to bounce back a bit more convincingly: Overall factory investment rose nearly 10% year over year in January and February. Investment …
