One Chinese academic suspects that the youth unemployment rate could be double the official tally –– at 46.5%.
Tagged By financials
Wall Street Cues, Central Bank Outlooks, Beijing Stimulus Measures Lift Asian Stock Markets
Asian stock markets generally gained Monday on Wall Street cues, and possibilities for relative easing by major global central banks, including the US Federal Reserve and the European Central Bank.
China Stops Short of Direct Consumer Support to Spur Economy
China is seeking to boost consumption to spur the economy’s recovery, although the government has stopped short of providing direct fiscal support to consumers and companies to increase spending. The …
Weak Chinese factory activity puts pressure on Beijing to support economy
The Chinese Communist party’s senior decision-making body, the politburo, last week announced measures to try to boost the flagging economy, which it acknowledged was making “tortuous progress”.
How China Is Trying to Lift Its Slumping Economy
The National Development and Reform Commission, China’s top economic planning agency, released a comprehensive document on July 31 repeating many of the pledges so far. The document focuses on …
History leaves China stock bulls vulnerable in third quarter as Biden executive order, broken property market challenge optimism
Can China’s onshore stocks overcome the recent poor track record in the third quarter? There are enough reasons for investors to be disappointed, some analysts say.
China iPhone demand could be highlight of Q3 results
Apple will “flex the muscles” in its upcoming quarterly results, Wedbush believes, with higher iPhone demand in China expected to be a high point for the period.
Kissinger ‘n’ tell goes to China, again
For someone who once called a former Indian PM a ‘bitch’ and with his president boss didn’t see India or Indians in a good light of geopolitics during the Cold War/Bangladesh War, Kissinger in China…
Chinese policy bank ramps up support for water conservancy projects
China Development Bank one of the country policy banks has scaled up financial support for major water conservancy projects natio …
China, France reach series of consensus in latest economic talk
He made the remarks after China and France concluded the 9th China-France High Level Economic and Financial Dialogue in Beijing on Saturday as part of high-level talks between the two countries that …
China And Pakistan To Mark Mega Infrastructure Anniversary
Chinese Vice Premier He Lifeng was due in the Pakistan capital on Sunday to mark the 10th anniversary of a mega economic plan that is the cornerstone of Beijing’s Belt and Road Initiative.
De-risking and market access dominate China-France economic talks
Decoupling is an illusion but supply chain concerns are real, French economy minister says on visit to Beijing.
How China’s hidden debt risk ‘comes from its system’, and why local governments are beholden to Beijing
China’s zero-Covid policies and its post-pandemic recovery efforts have strained finances at local levels, pushing debt to an all-time high this year – twice what it was in 2017 – with little help …