Qi Wang, a CIO for wealth management at UOB Kay Hian, says he is “not that pessimistic” about the Chinese economy.
Tagged By finance
China Reins In Its Once-Freewheeling Finance Sector With Purges and Pay Cuts
Xi’s campaign against capitalist excess ushers out internationally experienced financiers for a new generation of loyal functionaries.
China boosts yuan support with warning, capital control tweaks
BEIJING: China ramped up its support for the yuan with a warning and tweaks to its capital controls after the currency dropped close to a record low against the US dollar in offshore trading.
China still hopes to stabilize market, ideally before Trump inauguration
China’s leaders are reportedly still scrambling to stabilize their economy before Donald Trump takes office. The pressure is on, and Beijing knows it. With a housing market crisis, a plummeting yuan, …
China ‘confident’ in 2025 economic rebound, Hong Kong is key: central bank chief
Mainland’s property market is improving, PBOC governor Pan Gongsheng says, reiterating importance of special-purpose bonds for buying idle land and unsold homes.
China hits record $1T trade surplus: Chart of the Day
China has reached a record-breaking trade surplus of $1 trillion, with exports outpacing imports by 21% compared to last year. In today’s Chart of the Day, host Madison Mills analyzes what this …
China unveils US$13 billion trade finance facility in boost to yuan hub in Hong Kong
New measures will enhance Hong Kong’s role as an offshore yuan hub as well as deepen the city’s bond market with more institutional players.
China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan
Chinese regulators reiterated a pledge to defend the yuan as the currency comes under renewed pressure amid the prospects of U.S. trade tariffs.
China, UK restart economic and financial talks after 6-year hiatus
China and Britain restarted economic and financial talks on Saturday after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing, as the U.K.’s Labour government seeks to reset …
China’s central bank chief vows to supply ample liquidity
China’s central bank chief said on Monday the government will support moderately loose monetary policy to maintain ample liquidity as it tries to stimulate the economy and soften the impact of …
China, UK restart financial talks
China and Britain restarted economic and financial talks on Saturday after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing, as the U.K.’s Labour government seeks to reset …
China’s national financial regulator outlines priorities for 2025, with focus on risk prevention
China’s National Financial Regulatory Administration (NFRA) held a regulatory work meeting for 2025 on Sunday and vowed to implement risk prevention measures in an orderly way and strengthen …
Reeves says London is ‘natural home’ for Chinese finance and defends Bejing trip
Ms Reeves hailed the trip as a ‘significant milestone’ in Labour’s re-engagement with China, saying she had agreed deals worth £600 million over the next five years
