“China’s financial hub Shanghai expects to notch a year-on-year gross domestic product (GDP) growth of over 5.5% this year”, – according to a government work …
Tagged By finance
The view forward on China ‘has to be a productivity bet’, says JPMorgan
James Sullivan of JPMorgan says there are “three key challenges” China faces in its recovery story, but “ultimately”, productivity is the most important question for investors.
The case for investing in China’s reopening is strong. Here’s how to proceed with caution
Strategists see an increase in foreign investing as China moves away from its zero-Covid policy. They expect good returns but also urge caution.
Emerging market stocks look more appealing as China reopens, says Andres Garcia-Amaya, Zoe Financial CEO
Amaya, Zoe Financial CEO, joins ‘The Exchange’ to discuss investment in emerging market stocks, currency considerations for overseas investing and relative economic growth driving the dollar.
China keeps benchmark lending rates steady for fifth month
China kept benchmark lending rates unchanged for a fifth month on Friday, as expected, but analysts say future cuts are possible as the central bank has pledged to support the COVID-ravaged economy.
China holds loan prime rate steady for fifth month as economy reopens
China held its benchmark lending rates at historical lows on Friday, with the government looking to spur a sharp economic recovery this year after the country marked a decisive pivot away from its …
China’s estimated GDP growth rate out of reach for Beijing : WB report
Amid multiple domestic and international reverses due to its zero-Covid policy and assertiveness, China is unlikely to meet its estimated GDP growth rate, according to World Bank’s latest Global …
China: New Henan bank aims to boost governance, cut graft at local lenders
Last year, a connected cluster of village banks in the central province of Henan suffered one of China’s worst financial scandals in years. Beijing’s reaction: to create a new state bank that will …
Davos 2023: China reopens its doors with investment pitch to global elite
China’s Vice-Premier Liu He welcomed foreign investment and declared his country open to the world on Tuesday after three years of pandemic isolation. Liu’s explicit pitch to global leaders gathered …
Another Central Bank Official Snared in Graft Probe
Li Guo, a deputy director of the secretariat bureau at the People’s Bank of China (PBOC), has been placed under investigation by the country’s top anti-graft agency, as Beijing continues its drive to …
Bank Worker Who Led Secret Life After $500,000 Heist Caught 25 Years Later
A Chinese woman who lived under a fake identity for 25 years after stealing more than half a million dollars from a bank and having plastic surgery to change her appearance has been caught.
Entrepreneurs Flee China’s Heavy Hand: ‘You Don’t Have to Stay There’
A consequential, if privileged, piece of China’s economic puzzle … a co-founder of a crypto banking start-up, Flashwire, who moved from Beijing to Singapore in June after getting trapped in Shanghai …
China’s re-globalisation paradox
A t the annual World Economic Forum meeting this week in Davos, Switzerland, China’s economic tsar, Liu He, met a number of “old friends” he had not seen during his countrys …