What should the world expect from China in 2023? How will Beijing manage its economy? How will it handle dissent? What role will it play in Russia’s war in Ukraine? And how will China navigate…
Tagged By finance
Chinese financial house agrees to invest in SBM’s producing Sapinhoa FPSO
Holding Company (CMFL) has agreed to invest in another floating production, storage and offloading vessel owned by the global FPSO giant SBM Offshore. The latest investment reflects the Chinese …
China Considers GDP Target of About 5% as Focus Shifts to Growth
(Bloomberg) — Senior Chinese officials are debating an economic growth target for next year of around 5%, according to people familiar with the discussion, as Beijing shifts gears toward bolstering …
Pak concedes to China’s demand for opening revolving bank account, move to upset IMF
Pakistan took eight years to implement the important clause and the delay not only caused friction in relations with China but also led to over USD 1 billion being stuck in arrears for Chinese …
Deutsche Banks says buy Estee Lauder ahead of China reopening — a move we started in September
Deutsche Bank Tuesday upgraded Club holding Estee Lauder (EL) on the back of an expected reopening of China’s economy, in line with the Club strategy of buying up the cosmetics giant’s stock as …
China’s economic outlook has ‘darkened noticeably,’ IMF’s Gopinath says
The economic outlook for China is darker than had been expected, said Gita Gopinath, the No. 2 official at the International Monetary Fund on Tuesday.
Chinese FTX investors scramble to recoup losses, but Beijing’s anti-cryptocurrency stance leaves little hope
Crypto investors with thousands of dollars stuck in FTX are left with little chance for remedy in a country that has banned the digital assets China was the third-largest market for FTX, which …
US national security demands divestment from Communist China
A genomics group working to engineer super soldiers for the People’s Liberation Army. A dronemaker whose technology is used to monitor concentration camps. A cloud computing service whose facial …
China’s pension wealth management market sees steady operation
China’s pension wealth management market has seen steady operation since the country launched the pilot program last year, market data showed. The first four pilot retirement savings wealth management …
Asian Markets Swing As Fed Worries Offset China Covid Easing
Asian markets were mixed Tuesday as fresh fears that the US Federal Reserve will push interest rates higher than hoped played off against growing optimism over China’s economic reopening.
China Steps Up Property Support: Is This the Turning Point for the Struggling Sector?
A slew of recent measures issued by China’s central government to rescue its property sector have, in PIMCO’s view, limited the downside risks to the country’s cyclical growth outlook. In the latest …
China’s Xi thanks late leader Jiang Zemin for ensuring party’s survival from ‘storms’
A Chinese flag flies at half mast in front of the Lujiazui financial district, on the day of the memorial service for former Chinese President Jiang Zemin, in Shanghai, China 6, 2022. REUTERS …
Financial stability risks rise for China: Moody’s
Ongoing turmoil in China’s property sector is posing a growing risk to the financial system, warns Moody’s Investors Service in a new report. The rating agency said that risks to the stability of …
