Nvidia shares decline as China opens probe into AI chip heavyweight amid escalating chip war between Beijing and Washington.
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China plans to restructure its monetary policies to encourage domestic consumption
According to a report from the Political Bureau of the CPC Central Committee meeting held on December 9, the China government plans to change its monetary policies to improve economic growth and boost …
China vows to ramp up moves to spur economic growth in 2025
China’s Finance Minister Lan Foan has said more stimulus measures are in the pipeline, without giving details. Economists have urged Beijing to be more consumer-focused in its policies and offer …
China Signals Bolder Stimulus for Next Year as Trump Returns
China’s top leaders signaled bolder economic support next year using their most direct language on stimulus in years, as Beijing braces for a trade war when Donald Trump takes office.
Gold gains 1% on US rate cut bets, renewed purchases by China central bank
Gold prices climbed 1% on Monday as China’s central bank resumed gold purchases after a six-month pause, while expectations for an interest rate cut at the Federal Reserve’s meeting next week …
China Politburo policy shift spurs surge in stocks, bonds
SHANGHAI/HONG KONG (Reuters) -Stocks jumped and China’s government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises.
China’s Consumer Inflation Weakens Ahead of Key Economic Meeting
China’s consumer inflation decelerated in November, showing that government efforts haven’t been enough to boost demand and increasing pressure on this week’s key meetings to signal more policy …
Gold gains on Fed rate cut bets, renewed purchases by China central bank
(Reuters) – Gold prices climbed on Monday as China’s central bank resumed gold purchases after a six-month pause, while expectations for an interest rate cut at the Federal Reserve’s meeting next week …
China’s Nov bank lending seen doubling as stimulus kicks in: Reuters poll
China’s new yuan loans are expected to have almost doubled in November from October, a Reuters poll showed on Monday, demonstrating firmer credit demand as Beijing’s recent efforts to prop up economic …
Albo deals fresh blow to Beijing’s influence
Anthony Albanese has signed a new deal with a key Pacific Islands nation to counter China’s ambitions in the strategically important region.
Chinese premier warns world financial leaders of ‘deglobalisation’ risks
BEIJING: China’s number two leader warned on Monday (Dec 9) that “deglobalisation” was putting further strain on the world economy, as he welcomed the heads of multilateral financial institutions to …
Albanese blocks China with $140m Nauru deal
The new treaty with the Pacific nation gives Australia a veto over security, banking and teleco agreements – and comes with a $140m price tag.
China’s Consumer Inflation Slows Even After Stimulus Efforts
China’s consumer inflation decelerated in November, showing that government efforts haven’t been enough to boost demand and increasing pressure on this week’s key meetings to signal more policy …
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