Even though new lending and social financing beat expectations last month, experts believe more fiscal and monetary policy support should be enhanced to counter China’s slowing recovery and boost …
Tagged By financials
Beijing transforms wholesale market into innovation zone
Beijing’s largest clothing wholesale markets near the Beijing Zoo in Xicheng district have been transformed into a national-level finance and high-tech innovation zone where many young people like to …
Beijing’s regulatory crackdown wipes $1.1 trillion off Chinese Big Tech
HONG KONG – China’s major tech companies have shed more than $1 trillion in value -equivalent to the entire Dutch economy – since the government’s regulatory crackdown on the sector …
China regulator asks banks to respond to bearish Goldman report -Bloomberg News
China’s financial regulator has asked banks to respond to a Goldman Sachs report published last week that downgraded ratings on some Chinese banks and raised questions over the whole sector, Bloomberg …
China Regulator Asked Banks to Respond to Bearish Goldman Report
China’s financial regulator asked banks to respond to a bearish research report on the sector by analysts at Goldman Sachs Group Inc., underscoring heightened sensitivity in Beijing toward negative …
Analysis-Yellen Raised China’s Hopes for Tariff Cut; U.S. Politics Will Crush Them
“Yellen has a say in the next phase of the U.S.’s four-year tariff review,” said Hong Hao, chief executive of Grow Investment Group in Hong Kong. “While U.S might continue its technological curbs on …
China Should Provide More Supporting Policies Despite Higher-Than-Expected Financial Data in June, Experts Say
China’s financial data exceeded expectations in June. But experts still believe that supporting fiscal and monetary policies should be enhanced to counter the slowing economic recovery and boost …
China’s Recovery Is Struggling. There’s an Upside for the Fed.
China’s economy is struggling to stave off deflation. There’s a silver lining for sticky inflation elsewhere, writes.
China’s economy needs swift action to avert local government debt disaster
Together with a forceful stimulus to revive growth, a smart approach to defuse China’s local government debt bomb could go a long way towards reducing systemic risks of the financial system, lessening …
China June New Bank Loans Jump More Than Expected on Policy Support
Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang//File Photo …
China extends some policies to support its troubled property market
China has extended some policies to bolster its ailing property market, as the country struggles to reignite economic growth.
China’s search engine pioneer unveils open-source large language model to rival OpenAI
Sogou founder Wang Xiaochuan said on Weibo that “China needs its own OpenAI.” The Chinese entrepreneur is now inching closer to his dream as his nascent startup Baichuan Intelligence rolled out its …
China’s June new bank loans jump to 3.05 trln yuan, beat forecasts
BEIJING, July 11 (Reuters … Broad M2 money supply rose 11.3% in June from a year earlier, according to central bank data on Tuesday, above the poll’s estimates of 11.2%. M2 expanded by 11.6% in…