China’s export-driven economy was the workshop of the world for decades. In 2001, when China joined the World Trade Organization (WTO), the country accounted for 4 per cent of the world’s exports, and … (…
Tagged By financials
China is Asia’s No 1 military, economic threat: US commerce chief Wilbur Ross
US Secretary of Commerce Wilbur Ross has called China the major economic and military threat to Asia, as the outgoing “China continues to be both the largest potential market and the principal … ( read…
China going after Big Tech’s monopoly in financial data to curb abuses and protect privacy, says regulator
China’s banking and insurance watchdog lays out plans to curb financial risks in the world’s second-largest economy by bolstering protection of consumers’ data. ( read original story …)
China stocks extend retreat as Sino-U.S. tensions weigh
China shares closed lower for a second straight session on Tuesday as Sino-U.S. tensions weighed on the market, with financial and transport stocks leading the decline. ( read original story …)
China Is Close to First Consumer Price Deflation Since 2009
China could post its first year-on-year decline in consumer prices in over a decade, but that trend is likely to be short-lived and have limited impact on monetary policy. ( read original story …)
China Doesn’t Need That Much Pork After Record Imports This Year
Pork imports by the world’s top consumer may fall as much as 30% next year as the recovery of China’s hog herd from African swine fever exceeds expectations, Pan Chenjun, a senior livestock analyst ……
China to adopt ‘positive and prudent’ approach towards fintech regulation, banking regulator says
China will adopt a “positive and prudent” approach towards the rapid growth of the country’s financial technology industry and will watch over “too big to fail” cases in the sector, the head of its ……
Shadow banking expected to see healthy prospects next year
China’s shadow banking sector is expected to become healthier in 2021 amid improving regulatory efforts to de-risk the sector, after assets of the most risky shadow banking activities contracted by … ( read original story…
China’s Financial Markets Start to Price In Deleveraging
Policy makers are allowing for tighter liquidity in the financial system, a signal that Beijing wants to stabilize the level of debt in the economy. Though not as aggressive as previous deleveraging … ( read…
Only the U.S. and China Can Stave Off Debt Disaster
A pandemic-induced crisis threatens to hurl millions into poverty unless Washington and Beijing can work together. ( read original story …)
China’s Financial Markets Are Starting to Price In Deleveraging
Policy makers are allowing for tighter liquidity in the financial system, a signal that Beijing wants to stabilize the level of debt in the economy. Though not as aggressive as previous deleveraging … ( read…
China-Australia relations: Canberra’s path through the WTO looks to be riddled with hurdles and pitfalls
Challenging China’s anti-dumping duties on barley exports at the World Trade Organization (WTO) would be an uphill battle for Australia, with little potential windfall, according to international … ( read original story …)
China exports at record levels as Western producers remain crippled by pandemic lockdowns
November shipments total unprecedented $268 billion, with medical and electronic sectors seeing strong foreign orders. ( read original story …)
