China’s central bank has cut a key lending rate to help shore up growth after the economy slowed in July as it struggled to recover from strict Covid lockdowns …
Tagged By finance
China’s Real Estate Crisis Is Deepening, With Developers Hemorrhaging Value
What started as a debt crisis with one major developer has grown to become a nationwide collapse of the real estate industry in China.
Stocks down as China cuts key interest rate and ahead of retail earnings
U.S. stocks are falling ahead of a week of quarterly financial reports from retailers as well as government data that may shed light on how American shoppers and businesses are weathering stubborn, …
China can’t afford to worry about inflation right now
China’s central bank kicked off the week with a big surprise: cutting a key lending rate by 10 basis points—despite signaling just a few days before that it had no immediate plans for rate cuts.
China’s Real Estate Market Crash Can Affect These 10 American Stocks
In this article, we discuss the 10 American stocks that can be affected by China’s real estate market crash. If you want to read about some more American stocks that can be affected by China’s…
Jamie Dimon: There’s ‘truth’ to China’s claim US is ‘incompetent and lazy’
Dimon warned of “storm clouds” on the horizon for the US economy and predicted that the odds favor a “harder recession” or “maybe something worse.” …
China’s central bank lowers policy loan rate by 10 bps to assist economic recovery
China’s central bank on Monday lowered its one-year policy loan rate as well as the seven-day reverse repo rate both by 10 basis points (bps), a move that reflected the country’s continued policy of …
China growth slows across all fronts in July, prompting unexpected rate cut
The fresh evidence of China’s slowdown adds to the headwinds facing the global economy this year, which is already reeling from geopolitical events and inflation.
So, Just How Bad Is China Right Now, Really?
The short answer is not great, as its economy isn’t as robust as thought and its housing market is under duress.
People’s Bank of China cuts lending rate after lockdowns drag down growth
China’s central bank has cut a key lending rate to help shore up growth after the economy slowed in July as it struggled to recover from strict Covid lockdowns …
Beijing rate cut adds to concerns about the health of shipping’s most important economy
Economic signals from China, the world’s most important shipping nation, continue to alarm shipowners.The surprise financial news out of Beijing today was the decision by the People’s Bank of China to …
China’s housing market troubles need a ‘holistic solution’ from financial regulators, says HSBC
Jing Liu, chief China economist at HSBC, discusses the outlook for China’s property sector and the impact that the country’s zero-Covid policy has had on the economy.
China gets surprise rate cut as growth sputters
STORY: China’s central bank is bucking the global trend for rate hikes. Instead, Monday (August 15) saw it cut key lending rates. The People’s Bank of China took action after new data showed economic …
