BEIJING – China’s top leaders have signalled stronger stimulus to help fill a hole in consumer demand. That doesn’t mean Beijing will roll out a “bazooka” package just yet, or abandon its factory …
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China capital markets witness record outflows in Nov, official data shows
China’s capital markets witnessed a record outflow of $45.7 billion in November, according to official data tracking cross-border investments in stocks and bonds.
US-China working groups on economy, finance meet as future in doubt under Donald Trump
Dialogue set up last year as Biden and Xi sought to manage bilateral differences could fall off amid anticipated revival of trade war.
China to boost direct fiscal support to consumers, party commission says
China will promote stable growth in household income next year by increasing direct fiscal support to consumers and improving social security, a key economics committee of the Communist Party said.
China’s Latest Japan-Like Mistake May Be Its Worst
China’s deflation problem hasn’t yet reached crisis proportions. But Xi Jinping’s team is making a fundamental mistake that could accelerate China getting there.
China Will Keep Trying to Spur Consumption Without Big Stimulus
China’s top leaders have signaled stronger stimulus to help fill a hole in consumer demand. That doesn’t mean Beijing will roll out a “bazooka” package just yet, or abandon its factory focus.
Bank of Japan stands to gain the most from the yuan’s slump
China’s yuan might soon be heading into a deliberate tailspin, and while that could be bad news for most Asian currencies, the Bank of Japan (BOJ) might find itself in a unique position to benefit.
China’s fiscal revenue falls 0.6% in January-November
China’s fiscal revenue in the first 11 months of 2024 fell 0.6% from a year earlier, narrowing from a 1.3% slide in the January-October period, the finance ministry data showed on Monday. Fiscal …
China’s November retail sales miss expectations as real estate slump deepens
China’s retail sales rose by 3% in November from a year ago, according to National Bureau of Statistics data released Monday, missing the forecast of 4.6% in a Reuters poll. That marked a sharp …
China’s Xi Jinping brings finance to heel with arrests and salary caps
The financial sector is under pressure from the Chinese Communist Party to give up its profits and put itself at the service of ‘common prosperity.’ …
China: Xi Jinping brings finance to heel with arrests and salary caps
The financial sector is under pressure from the Chinese Communist Party to give up its profits and put itself at the service of ‘common prosperity.’ …
China’s stubborn deflation really is a global economic problem
China is spiraling deeper into deflation, and it’s not just Beijing’s problem anymore—it’s everybody’s. Prices have been falling for six straight quarters. One more, and China ties the grim record …
China makes steps to increase economic stimulus measures
Commitments have been made to boost consumption and loosen monetary policy but there is little detail of what measures the government will undertake.
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