Local governments in China have sold record amounts of so-called special bonds this year to inject capital into struggling smaller banks, as authorities seek to contain spillover risks from a …
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China sees an ETF boom as investors wait for stocks to trough
Chinese stock investors are ploughing money into exchange-traded funds (ETFs) this year at the fastest pace on record as they choose to play a languid stock market passively and wait for it to trough.
UPDATE 1-China’s Nio teams up with Geely on auto battery swapping
Nio, with a plan to nearly double the total number of such stations in China this year, is one of a handful of EV makers betting on battery swapping as a major power option for…
How China’s lottery boom reflects a ‘long and challenging road’ to its economic recovery
Shifting consumption habits among Chinese consumers show how their risk appetites are changing, and many are willing to spend a small amount on the slim chance of a life-changing payout China’s …
Hang Seng Index, ASX 200, Nikkei 225: Fed Rate Path Bets and Beijing to Dictate Trends
Beyond the numbers, investors should monitor central bank chatter and stimulus commentary from Beijing. In the Asian futures, the ASX 200 was up 15 points, while the Nikkei was down 80 points on Wednesday. The…
Analysis-Debt-laden China’s local governments scramble to rescue small banks with $21 billion in special bonds
Local governments in China have sold record amounts of so-called special bonds this year to inject capital into struggling smaller banks, as authorities seek to contain spillover risks from a …
Here’s why China’s weak economy is good news for the US stock market
“China’s economy is in a property-led and fertility-led depression,” Ed Yardeni said, adding that China is “the world’s largest nursing home.” …
Climate finance in China: How are 23 pilot cities doing?
The pilots now cover 1,500 projects, but questions remain over missing private capital, which projects are eligible and a lack of adaptation work …
One Corner of China’s Weak Market Is Seeing a $25 Billion Rally
Investors desperate for returns in China’s lackluster equities are scooping up some of the smallest and most volatile stocks, sparking a $25 billion rally in one corner of the market in a little over …
China’s Central Bank Signals Slower Credit Growth, Lower Rates
China’s central bank foreshadowed a slowdown in credit extension while pledging it would press banks to lower their real lending rates, amid concerns that sluggish borrowing demand has weakened the …
UPDATE 2-China’s central bank pledges to support domestic demand
BEIJING, Nov 27 (Reuters) – China’s central bank on Monday said it would fend off systemic risks to the economy and use forceful and targeted monetary policy to better support domestic demand. In its quarterly…
Uganda to borrow $150 mln from China’s Exim after World Bank halts funding
Uganda is preparing to borrow $150 million from China’s Export Import Bank (Exim) to help expand its internet infrastructure, the finance ministry on Monday.
China’s economic salvation lies in a ‘consumer-based society’ with market rules that don’t rattle investors: Beijing adviser
From domestic players to foreign firms, a ‘lack of consistent rules’ governing China’s market is holding back its potential, warns prominent economist Zheng Yongnian Countering an unprecedented …