China has announced a historic shift in its monetary policy, vowing to adopt an appropriately loose stance for 2025, marking its first easing in 14 years. The new approach, paired with a more …
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New action plan to advance China’s digital finance sector by 2027
It focuses on digitalising financial institutions and leveraging data and technology. China is poised to significantly advance its digital finance sector, driven by government support and growing investor interest.
Global, US stocks fall; oil, gold rise over 1% on geopolitical risk
Global shares turned lower on Monday as traders focused on U.S. inflation data and chip stocks fell, while Beijing’s promise of stimulus and the sudden collapse of the Syrian government boosted oil …
ASIA RBA decides, debate sparks over China policy shift
Canada’s main stock index ended lower on Monday as technology and industrial shares lost ground ahead of a key U.S. inflation report, but the decline was limited by gains for resource shares after …
Nvidia’s stock dips after China opens probe of the AI chip company for violating anti-monopoly laws
Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details,
Nvidia Under Fire: Beijing Investigates $7B Mellanox Deal Amid U.S.-China Tech Showdown
Nvidia faces scrutiny over Mellanox deal, as Beijing investigates compliance with fair-treatment guarantees for Chinese firms …
Nvidia Hit With China Probe in Global Tech War Escalation
China has opened a probe into Nvidia Corp. over suspicions that the US chipmaker broke anti-monopoly laws around a 2020 deal, taking aim at the AI heavyweight as Washington ramps up sanctions.Most …
China’s returning to its 2008 financial crisis playbook to stimulate the economy
The Chinese government is turning to an old strategy to stimulate activity: easier money and more fiscal spending. Why it matters: China’s economic challenges include a massively overbuilt and …
China to take a ‘more proactive’ approach to fiscal policy
China says it will embrace a “moderately loose” monetary policy and a ‘more proactive’ approach to fiscal stimulus policy. Catalysts Co-Hosts Seana Smith and Madison Mills examine what the policy …
Nvidia Hit With China Probe as Tech War With US Escalates
China has opened a probe into Nvidia Corp. over suspicions that the US chipmaker broke anti-monopoly laws around a landmark 2020 deal, taking aim at the AI heavyweight as Washington ramps up sanctions …
Nvidia stock slides as China opens antitrust probe against AI chip heavyweight
Nvidia shares decline as China opens probe into AI chip heavyweight amid escalating chip war between Beijing and Washington.
China plans to restructure its monetary policies to encourage domestic consumption
According to a report from the Political Bureau of the CPC Central Committee meeting held on December 9, the China government plans to change its monetary policies to improve economic growth and boost …
China vows to ramp up moves to spur economic growth in 2025
China’s Finance Minister Lan Foan has said more stimulus measures are in the pipeline, without giving details. Economists have urged Beijing to be more consumer-focused in its policies and offer …
