China and Japan both have reasons to welcome a weaker currency. It could support their world-beating export industries, and neither is worried about importing inflation.
Tagged By finance
China c.bank will use tools including RRR to weather economic challenges
BEIJING: China’s central bank will use policy tools, such as the reserve requirement ratio and medium-term lending facility, to weather the challenges facing by the world’s second-largest economy, Zou …
Hong Kong’s status as international city high on agenda at Financial Secretary Paul Chan’s talks in Beijing
Some analysts say Beijing may be concerned about city’s economic development amid tense global political situation as they discuss Paul Chan’s meetings with central government.
China trade: 5 takeaways from June’s data as exports tumbled
Analysts expect China’s exports to decline further before bottoming out towards the end of the year, but imports are likely to pick up in the coming months.
China’s underlying strength, growth sectors can trump weak sentiment: OCBC head of wholesale banking
CHINA’S recovery from the pandemic may be slower than expected, but the underlying strength of its economy and the ability of specific growth sectors to trump weak sentiment should not be …
Biden’s financial regulators give China-backed brokers a hand, but who is surprised?
The Chinese Communist Party is no longer simply trying to compete with American companies, it’s trying to eliminate them.
HSBC Expands Green Finance and Bond Teams in China Amid Geopolitical Uncertainties
Despite geopolitical uncertainties, HSBC Holdings, Plc (NYSE: HSBC) is building its green finance and bond teams in China after acquiring Hong Kong-based specialist asset manager Green Transition …
HSBC builds up China green finance, bonds teams in funds push
HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told Reuters, as Europe’s biggest bank presses on with expansion in the…
China’s war on financial reality
As China’s economic recovery falters, authorities are cracking down on divergent or negative views. For some analysts at Western banks, who are tasked with keeping global clients informed, the …
China to sustain reasonable GDP growth, supported with normal monetary policy: central bank governor
The potential growth rate of China’s economy is expected to be maintained within a reasonable range, and the country has conditions to keep in place a normal monetary policy, positive interest rates …
China’s Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll
China’s economy likely grew 7.3% in the second quarter from a year earlier due to a low base, but momentum is rapidly faltering, a Reuters poll showed, raising expectations Beijing will have to roll …
‘It’s time to stop!’ Fury as UK hands China almost £50million in foreign aid
Sir Iain Duncan Smith insisted it is time to stop giving China foreign aid after it emerged Britain sent nearly £50million last year. A new report by the Independent Commission for Aid Impact (ICAI) …
HSBC builds up China green finance team: report
It also mulls offering carbon offset products to customers, a source said. HSBC is building up its green finance and bond teams in China to meet surging demand, reports Reuters, based on information …
