Better social welfare could increase financial security and encourage spending, while cash handouts could quickly lift consumption, economists say.
Tagged By finance
Is China a ‘Developing’ Country? That’s the Trillion-Dollar Question at U.N. Climate Talks
Officials from developed and developing countries agree that more than $1 trillion a year is needed to finance poorer nations’ response to climate change—but not on who should pay up.
China says COP29 draft deal ‘not satisfactory’
China joined a global rejection of a draft deal on climate finance at the COP29 summit Thursday but urged nations to bridge their differences, with one day left in the talks. The text released by…
Exclusive: China advisers call for steady 5% 2025 economic growth goal, stronger stimulus
Chinese government advisers are recommending that Beijing should maintain an economic growth target of around 5.0% for next year, pushing for stronger fiscal stimulus to mitigate the impact of …
Brazil development bank gets $690 million loan from China
China Development Bank signed a deal on Wednesday to loan 5 billion yuan ($690 million) to Brazil’s National Bank for Economic and Social Development BNDES, marking BNDES’s first foreign currency …
As COP29 winds down, a new analysis says China’s cumulatiuve emissions now worse than EU’s
As COP29 nears its end, a new report reveals that China’s cumulative emissions within its borders have surpassed those of the European Union’s 27 member states. The analysis is by Carbon Brief. The …
China’s financial sector to open wider: official
China’s financial sector will continue to open wider and the country is committed to creating a market-oriented, law-based and international business environment to support foreign institutions to …
Opinion – How the US is bankrolling Beijing’s ambitions
The EO restricts U.S. capital flow only in select high-tech industries and fails to address the breadth of China’s ambitions or the multiple channels through which American investment can fuel the …
How the US is bankrolling Beijing’s ambitions
The EO restricts U.S. capital flow only in select high-tech industries and fails to address the breadth of China’s ambitions or the multiple channels through which American investment can fuel the …
As Trump returns, China seizes chance for climate mantle
With Donald Trump expected to take the United States again out of climate diplomacy, China, the world’s largest emitter but green energy powerhouse, is seizing on the chance to project itself as the …
China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures
The People’s Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.
China holds its benchmark lending rates as Beijing assesses stimulus measures
The People’s Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.
Beijing says its capital market will continue opening up
China’s ongoing opening up of its capital market, with the connect programmes between the mainland and Hong Kong markets serving as one good example, will be further advanced to inject more vitality …
