China stepped up its economic stimulus with a further 1 trillion yuan ($146 billion) of measures to bolster growth and curb the fallout of repeated Covid lockdowns and the crisis in the property …
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China to promote fiscal, monetary policies to support job stabilisation-minister
China will focus on expanding jobs and promote fiscal, monetary and industrial policies to support job market stabilisation, Li Zhong, Vice Minister of the Ministry of Human Resources and Social …
China-funded green sewage treatment plant boon for millions in Dhaka
Aerial photo taken on Aug. 24, 2022, shows the China-funded Dasherkandi Sewage Treatment Plant in Dhaka, Bangladesh. (Xinhua) The China-funded green sewage project in Bangladesh, Dasherkandi Sewage …
Cracks emerge in Beijing’s financial system after homebuyers resent against Chinese authorities
Beijing [China], August 24 (ANI): Owing to the deep recession … Andrew Collier, who served as the president of Bank of China International USA, writing for Nikkei Asia said that without the property …
Faced with an overseas debt crisis, will China change its ways?
Crippled by fuel and food shortages, the country is seeking a bail-out from the International Monetary Fund after defaulting on its debt in May. Pakistan, another big borrower, is also on the brink of …
China faces a new test of its economic statecraft
The writer is senior research fellow on China in the Asia-Pacific Programme, Chatham House. When President Xi Jinping came to power in 2012, his vision was for China to become a l …
Two new phrases in a top Chinese dictionary highlight Beijing’s economic hopes—and pitfalls
The latest edition of the Standard Dictionary of Contemporary Chinese includes a number of new entries that reflect key political and socioeconomic trends in China. Among them: “sharing economy,” …
China probes defeat by Evergrande youth football team
Chinese authorities have ordered tighter supervision of local football leagues and an investigation into alleged match-fixing following a defeat suffered by an under-15s team from the youth academy of …
Analysts divided on how aggressive Beijing stimulus will be
Analysts differ on whether Beijing could reach into its old bag of aggressive stimulus tricks to kick-start China’s slowing economy.
Analysts divided on how aggressive Beijing stimulus will be
Analysts differ on whether Beijing could reach into its old bag of aggressive stimulus tricks to kick-start China’s slowing economy.
China to name Zhang Qingsong as vice governor of central bank
BEIJING: China is set to name Zhang Qingsong as a vice governor of the central bank, financial magazine Caixin said on Wednesday (Aug 24). Zhang, president of the Agricultural Bank of China, one of …
China’s Ant Group to Work With Malaysian Investment Bank Kenanga on Crypto ‘SuperApp’
Chinese technology company Ant Group, an affiliate of Alibaba, is working with Kenanga Investment Bank on Malaysia’s first “SuperApp,” which will include crypto trading, e-wallets and portfolio …
Explained: How will China’s property crisis impact its economy?
China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-Covid policy and address a growing property crisis. The …
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