Chinese officials offered a broad outline of support for China’s undefinedfaltering economy. Analysts and economists expect more pronouncements to come.
Tagged By finance
China rolls out new tax cuts for small businesses
China will carry out tax cuts for low-profit small businesses for three years to support their growth, the Ministry of Finance said on Friday. From Jan 1, 2022 to Dec 31, 2024, the part of…
China seen keeping lending benchmarks steady, cut expectations grow: Reuters poll
China is likely to keep benchmark lending rates unchanged at its monthly fixing on Monday, a Reuters survey found, after the central bank surprised investors by forgoing a cut to medium-term lending …
Better financial support for Zhejiang in realizing common prosperity
A guideline issued by Chinese authorities on Friday called for the implementation of a set of financial initiatives to build Zhejiang province, the nation’s private economy hub, into a pilot zone for …
Biden and China’s Xi Hold Two-Hour Call Amid Tension Over Ukraine War
U.S. President Joe Biden and Chinese President Xi Jinping spoke on a video call on Friday about Russia’s invasion of Ukraine and Chinese media said Xi underlined that such conflicts are in no-one’s …
Stocks cling to week’s gains, Biden talks Russia with Beijing
Global stocks were just below water on Friday with most of their strong gains for the week still intact but the mix of rising interest rates, high oil prices and war in Ukraine kept risk-taking…
China seen keeping lending benchmarks steady, cut expectations grow
China is likely to keep benchmark lending rates unchanged at its monthly fixing on Monday, a Reuters survey found, after the central bank surprised investors by forgoing a cut to medium-term lending …
China Moves to Weaken Yuan With Record Push-Back Via Fixings
China made its biggest push to weaken the yuan through its currency fixings this week as virus-related curbs and rising commodity prices threatened to slow the economy.
China To Address Market Concerns About Offshore Listing Rules – Regulator Quoted
Chinese authorities will address the concerns of international investors when finalising new rules for offshore listings, two sources quoted a senior regulatory official as telling a lobby group for …
China Embedded Finance Markets Databook 2022: 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments, 2020-2021 & 2022-2029
The “China Embedded Finance Business and Investment Opportunities Databook – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been added to …
China Jan-Feb Fiscal Spending Quickens in Fight to Support Slowing Economy
China’s fiscal spending rose 7.0% in January-February from a year earlier, the finance ministry said on Friday, quickening from a 0.3% rise in 2021 as policymakers step up support for the slowing …
China cuts income tax for some small firms to 20per cent – finance ministry
China will cut income tax for some small firms to 20per cent from 25per cent, the finance ministry said on Friday, as part of steps to ease burdens on small businesses to support the slowing…
Biden to warn Xi that China will pay a price if it supports Russia’s war in Ukraine
US President Joe Biden is expected to tell Chinese President Xi Jinping on Friday that Beijing will pay a price if it supports Russia’s military operations in Ukraine, a warning that comes at a time…