this may turn out to be better for China,” Chen Zhiwu, the top finance professor at the University of Hong Kong and a former professor at Yale University, told CBS News. Chen said if Trump…
Tagged By financials
Driver rams his car into crowd in China, killing 35. Police say he was upset about his divorce
ZHUHAI, China — A man who authorities said was upset over his divorce settlement rammed his car into a crowd of people exercising at a sports complex in southern China, killing 35 and severely …
G77+ China demand 1.3 trillion dollars in climate finance from developed nations at COP29
BAKU: At COP29, the G77 bloc of developing nations, alongside China, took a firm stance on the New Collective Quantified Goal (NCQG) for climate finance, calling for an ambitious financial commitment …
UBS cuts China stock forecast amid Trump tariff threat, weak stimulus
Swiss money manager cuts mid-2025 and end-2025 targets for MSCI China Index because of tariff uncertainties and disappointing stimulus.
China’s 12 Trillion Yuan Debt Swap To Ease Local Debt, Pressure Bank Margins
“Besides, banks’ earnings will benefit from lower provision expenses after the swap.” Chinese banks face margin pressures as the People’s Bank of China maintains an easing stance to support the …
Trump Is Set to Elevate China Hawks, Deepening Beijing Rift
President-elect Donald Trump is poised to pick two men with track records of harshly criticizing China for key posts in his new administration, a sign relations between the superpowers may deteriorate …
China stimulus trade to pick up in stocks by late-Nov, JPM says
and financial proxies, JPM said, and was likely to pick up by late-November, especially as investors positioned for the Central Economic Work Conference in December. China’s Politburo is also set to …
China stimulus trade to pick up in stocks by late-Nov, JPM says
and financial proxies, JPM said, and was likely to pick up by late-November, especially as investors positioned for the Central Economic Work Conference in December. China’s Politburo is also set to …
China to intensify counter-cyclical adjustment of monetary policy: central bank governor
[Photo/China News Service] BEIJING – China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic growth and …
Australia moves to keep its banks in the Pacific
Australia will move to stem the exodus of its banks from the Pacific Islands, the country’s top economic official said, as concerns mount that China could bolster its influence by filling in the gaps.
China’s October new lending tumbles more than expected despite policy support
New bank lending in China fell more than expected in October from the previous month and trailed behind analysts’ expectations as a ramp-up of policy stimulus to buttress a wavering economy failed to …
China’s 2025 GDP growth forecast cut by UBS on Trump threat, others wait and see
Investment bank UBS cut its forecast for China’s economic growth next year due to the threat of steep US tariffs on Chinese goods under president-elect Donald Trump, although other global financial …
Investors look past Beijing’s debt clean-up plan as minister pledges more proactive policy
Markets in Hong Kong and China had their first chance to react to Beijing’s plan for local government debt on Monday after an eventful last week, when Donald Trump reclaimed the …