BEIJING: China’s central bank said on Friday (May 9) it will spur financial institutions to expand support for consumption and foreign trade amid a protracted trade war with the United States. Beijing …
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China’s April bank lending seen plunging from a month ago: Reuters poll
China’s April new yuan loans probably shrank significantly from March levels as the trade war with the United States further weighed on the market at a traditionally quiet time of the year, according …
China, finances and a culture clash — the challenges facing Pope Leo XIV
The hopeful case is that the new Holy Father will come prepared to tackle two major challenges for the church: its rickety financial and management structure and its internal divisions. He is regarded …
China’s central bank unveils 10-point plan to help calm markets, steer growth
By bno – Taipei Office In a significant show of monetary coordination, China’s central bank has taken centre stage in Beijing’s latest push to restore market confidence and economic dynamism. The …
China’s Evergrande Collapse: A Ticking Time Bomb?
Evergrande’s collapse isn’t just about one massive Chinese real estate company – it’s about contagion. In a highly interconnected economy, the fall of a single company can trigger a chain reaction across industries,
Trump Wants Rate Cuts. China Just Did.
President Donald Trump said as recently as Sunday that he wants rate cuts. Now, China is acting. The People’s Bank of China lowered interest rates and eased rules on bank lending on Wednesday, steppin
China rolls out more stimulus and agrees to trade talks with the U.S. as tariffs hit economy
China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump’s trade war, as the two sides prepared for talks later this week. Beijing’s central bank …
China is trying something different to survive trade war
Beijing has put domestic consumption and worker mobility at the centre of its policy agenda this year as it girds the economy against Donald Trump’s excessive tariffs.
China urges financial sector to boost credit support for small businesses
BEIJING – China’s National Financial Regulatory Administration on Wednesday called for stable credit growth to be maintained for micro and small businesses, and for the continuous improvement of the …
Trump tariffs live updates: Trump declines to soften tariffs with US-China trade talks set to begin
President Trump told reporters on Wednesday he would not pull back tariffs on Chinese goods in order to get China to the negotiating table, countering speculation that he might lower hefty 145% …
Three Ways China Is Fighting Trump’s Tariff War
Chinese stocks were little changed after the central bank’s policy moves, reflecting doubts about their ability to spur domestic demand.
China says U.S. asked for trade meeting in Switzerland
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will both meet with their Chinese trade and economic counterparts in Switzerland.
Markets hope US-China talks lead to de-escalation. All sides agree a bigger deal will be a longer slog.
Much-anticipated trade talks with China are set to begin this weekend, but signals from both the Trump administration and Beijing have tempered hopes for a far-reaching deal anytime soon.