China’s housing ministry and financial regulator asked local governments to better coordinate with financial institutions to provide financing support to real estate projects, as policymakers work to revive the sluggish housing market.
Tagged By financials
China’s Credit Expansion Slows in December on Lackluster Demand
China’s credit expansion was slower than expected in December, as weak business confidence continues to weigh on borrowing demand.
China is stealing growth by dumping its vast excess on the world
One cardinal fact governs the world economy today. China produces 31pc of global manufactured goods: it accounts for 13pc of total consumption. The rest of us must absorb China’s increasing excess …
China Dec new bank loans rise to 1.17 trln yuan, but miss forecast
Chinese banks extended 1.17 trillion yuan ($163.31 billion) in new yuan loans in December, up from November but falling short of analysts’ expectations. Analysts polled by Reuters had predicted new …
Expect ‘stagnant’ Chinese structure finance market in 2024: S&P
China’s structured finance market is expected to be stagnant during 2024, according to a report by S&P Global Ratings. The ratings agency expects overall issuance to stay flat in the next 12 months, …
China c.bank set to cut key rate, boost liquidity Monday to aid economy
SHANGHAI/SINGAPORE, Jan 12 (Reuters) – China’s central bank is expected to ramp up liquidity injections and cut a key interest rate when it rolls over maturing medium-term policy loans on Monday, as …
China cities buy housing with PBOC-tied loans, local media says
SOME Chinese cities are taking advantage of low-cost funds from the country’s central bank to purchase unsold homes and convert them to rental housing, a local media report showed, in a sign …
China urged to stay consistent with policies to prevent confusion, ensure private-sector growth
said in an article published in the January issue of China Finance magazine. 03:47 ‘Door to China-US relations will not be closed again’: Xi Jinping offers assurances to US businesses ‘Door to …
Ex-China central banker accused of accepting ‘massive’ bribes admits to ‘huge mistake’
A disgraced former Chinese central banker admitting to making a “huge mistake” after being arrested last year on suspicion of bribery. Fan Yifei, 59, was the highest-ranking official at the People’s …
China Market Update: US-China Greenshoots, Does Peak Pessimism + Poor Positioning = Rally?
Asian equities had a strong day on decent volumes, as multiple markets gained +1%, including Japan, Hong Kong (not a typo), the Mainland’s Shenzhen Composite, and the Philippines.
China hit with US$3.4 billion equities outflow as wary investors eye other emerging markets
Although emerging economies as a whole have seen net inflows for their capital markets, overseas investors are still selling their Chinese assets in what analysts have termed a “bifurcation” prompted …
China will make foreign investment easier, vice premier tells foreign executives
The meeting comes as foreign investors have largely taken a wait-and-see approach to China amid uncertainty about the country’s economic trajectory and tensions with the U.S. “China will continue to …
China dominates renewable energy and coal power forecasts: Russell
China is also expected to increase its gap over the rest of the world in deploying renewables, even as the United States and countries in Europe boost policy and financial support. China has several …