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Tagged By finance
China may bank on balance-sheet expansion, not interest rate cuts, for growth: economist
While Beijing is unlikely to implement universal consumption subsidies, officials may try to boost spending by raising incomes, according to Nomura’s Lu Ting.
Dollar gains ahead of CPI, yuan falls as China considers allowing currency to weaken
The dollar gained against European peers on Wednesday (Dec 11) ahead of a highly anticipated reading of US inflation, also boosted by a Reuters report China was considering allowing a weaker currency …
Top creditor China freezes lending to Cambodia, data shows
China has not approved any loans to Cambodia this year, Cambodian finance ministry data for the first three quarters of 2024 shows, even though it has been Cambodia’s top creditor country in recent …
China’s Swaps Hit Pandemic-Era Low on Interest-Rate Cut Wagers
China’s money market is signaling expectations of bold monetary easing by Beijing as it braces for the risk of trade tensions with the US under a Donald Trump administration.
China Begins Annual Economic Meeting to Hash Out Stimulus Plan
China is set to begin its annual economic work meeting on Wednesday to map out policies for next year, with top leaders hinting at more forceful stimulus amid the threat of a potential trade war…
China’s leaders to chart economic plans for 2025: report
China’s leadership will gather Wednesday to hammer out plans to boost the economy next year, reports said, as they look to address weak domestic demand and the possibility of a deepening trade war …
China ramps up Wall Street meetings as Trump inauguration looms
Chinese Vice Premier He Lifeng has met with several U.S. finance executives as Beijing seeks to build relationships in the face of rising bilateral tensions.
How Shanghai’s ambition to be the ‘future of finance’ fell apart
The port city was meant to be China’s answer to New York, but trade tensions and changing domestic priorities have taken a toll.
Ex-China Everbright Bank Chair Sentenced to 12 Years for Corruption
Tang Shuangning abused positions at financial institutions to provide benefits in exchange for over 11 million yuan in illicit payments.
China Investigates NVIDIA for Allegedly Breaking Monopoly Law
The Chinese government is investigating U.S. chipmaker NVIDIA for allegedly breaking its anti-monopoly law with the acquisition of interconnect provider Mellanox.
Former chairman of state-owned bank China Everbright Group jailed for 12 years for corruption
Chinese official broadcaster CCTV says a former chairman of the state-owned bank China Everbright Group has been jailed 12 years for embezzlement and bribery
China’s big monetary policy shift spurred a stock surge. But ‘a lot of volatility’ still looms.
Chinese stocks rallied on Monday after Beijing pledged a “moderately loose” monetary policy stance for the first time in over a decade.
