Number of state-owned enterprises investigated ‘significantly increased’ from same period last year, CCDI says.
Tagged By financials
China’s International Economic Strategy: Give Me Your Assets, and You Can Have My Yuan
China may be able to displace the dollar and get the critical minerals it wants, all at once, writes Leslie Lipschitz.
China snaps 2023 debt outflow streak as emerging markets shine in July -IIF
data from the Institute of International Finance (IIF) showed on Thursday. Inflows were less than a third of the $10.6 billion poured into Chinese bonds in December as China geared up to lift nearly …
China posts first debt inflows of 2023 with US$3 billion added in July, but weak economy set to limit sustainability
US$3 billion was added to China’s debt market last month, ending a run of sixth straight months of outflows, the Institute of International Finance (IIF) said, but a rebound is unlikely to be …
Biden limits U.S. investments in Chinese A.I. and chip industry in effort to weaken its military’s access to advanced tech
President Joe Biden is regulating what kind of investments U.S. businesses can make in China in a bid to limit access to high tech equipment by Beijing’s military. Alex Brandon—AP President Joe Biden …
Deflation in China:Why prices are falling and what Beijing can do
China is now clearly dealing with a deflation threat. Consumer and producer prices fell together for the first time since 2020, adding to concerns about the health of the world’s second-largest …
Tesla’s sales in China have tumbled and its slumping economy may not be to blame, Bank of America says
China’s economic slump may not be the reason why demand for Teslas in China are waning – consumers are just flocking to local competitors.
The China market is a ‘value trap’ while the U.S. is the ‘biggest’ investment idea: Bank Julius Baer
Bhaskar Laxminarayan, Asia CIO of Bank Julius Baer discusses where he thinks the opportunities for investors are at the moment.
Deflation and default haunt China’s economy
China’s export boom is long over. Its property slump is not. And, therefore, deflation beckons. Ever since China imposed its first brutally effective lockdown on Wuhan in early 2020, its economy has …
‘BRICS bank’ looks to local currencies as Russia sanctions bite
Hobbled by the impact of sanctions against founding shareholder Russia, the New Development Bank (NDB) set up by the BRICS countries needs to increase its local currency fundraising and lending, South Africa’s finance minister told…
Marketmind: No Respite From China Woes
Over in Asia, investors remained worried about China’s post- pandemic stuttering recovery after data on Wednesday showed it tipped into deflation. MSCI’s broadest index of Asia-Pacific shares outside …
China’s July new yuan loans seen dipping after record H1 – Reuters poll
China’s new yuan loans are expected to fall sharply in July from June after record lending in the first half, a Reuters poll showed, but they could still exceed the year-earlier amount as the central…
Biden to ban US firms from investing in China tech companies over security fears: report
US-based private equity and venture capital firms will reportedly face restrictions in investing in Chinese AI, quantum computing, and semiconductors.