China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd , business registration records showed, as Beijing extends a campaign to strengthen …
Tagged By finance
China’s yuan: central bank to boost flexibility of exchange rate to handle ‘shocks’ from overseas monetary policy
China’s central bank says it will increase the flexibility of the yuan exchange rate and prioritise stability and domestic needs to handle monetary adjustments in advanced economies.
China’s 2023 inflation to remain mild, People’s Bank of China to avoid ‘flooding economy with stimulus’
The announcements by PBOC may be viewed on the backdrop of the fact that China has been struggling to come out of its COVID-19-hit economy. In a press conference on Friday, Deputy Governor Xuan …
China’s GDP growth rate out of reach for Beijing: World Bank 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 …
China central bank to maintain or increase policy-loan liquidity – Reuters poll
China’s central bank is likely to at least maintain current liquidity in the banking system on Monday through its management of medium-term policy loans, while keeping borrowing costs unchanged for a …
China stocks end at 4-month high on foreign inflows boost
There is mounting evidence that much of China’s population has already been infected and that disruption is already fading rapidly …
Exclusive-China to allow Didi apps back online, in latest sign of regulatory thaw-sources
By Julie Zhu, Kevin Huang and Jing Xu (Reuters) -Chinese authorities are set to allow Didi Global’s ride-hailing and other apps back on domestic app stores as soon as next week, five sources told …
China’s urban-rural ‘dual economic structure’ fueling inequality, says ex-finance minister
Outspoken former finance minister Lou Jiwei says policymakers need to bring a reformist mindset to land, welfare and tax, while easing market concern that the wealthy will be targeted to narrow the …
China to support financing, debt extension for quality developers- Xinhua
China will boost financing for good quality property developers and roll out a 100 billion yuan ($14.86 billion) support plan for rental housing loans, the official Xinhua news agency said on Friday.
China ends zero-COVID, but are consumers ready to spend?
Chinese officials have lifted the harshest restrictions of the zero-COVID policy, but consumers are still cautious amid surging infections.
Scoop: White House narrowing executive order on China investments
The Biden administration is leaning toward making its executive order on U.S. investments in China more focused and targeted than some of the earlier suggestions, Axios has learned. Why it matters: …
China’s 2022 ended in an abrupt fast-track reopening, can 2023 end in an economic miracle?
China’s recovery might end up being insulated during a 2023 mired in stagnant global growth, political turmoil and recessionary pressures.
The ‘best times’ for China’s economy are still a long way ahead, says financial market platform
Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Data also provided by …
