Analysts differ on whether Beijing could reach into its old bag of aggressive stimulus tricks to kick-start China’s slowing economy.
Tagged By financials
China to name Zhang Qingsong as vice governor of central bank
BEIJING: China is set to name Zhang Qingsong as a vice governor of the central bank, financial magazine Caixin said on Wednesday (Aug 24). Zhang, president of the Agricultural Bank of China, one of …
China’s Ant Group to Work With Malaysian Investment Bank Kenanga on Crypto ‘SuperApp’
Chinese technology company Ant Group, an affiliate of Alibaba, is working with Kenanga Investment Bank on Malaysia’s first “SuperApp,” which will include crypto trading, e-wallets and portfolio …
Explained: How will China’s property crisis impact its economy?
China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-Covid policy and address a growing property crisis. The …
Explained: How will China’s property crisis impact its economy?
China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-Covid policy and address a growing property crisis. The …
China probes state property firm executives for ‘serious violations’
The investigations come ahead of the ruling Communist Party’s 20th National Congress. Read more at straitstimes.com.
Exclusive-China Tightens Green Bond Rules to Align Them With Global Norms
To promote rule harmonisation both at home and abroad, China published its own Green Bond Principles late last month, which are largely in line with principles issued by the Inter …
China’s unemployment insurance payouts hit record high in June
China’s unemployment insurance payouts hit a record high in June, adding to signs of a struggling labour market as the economy has been badly hit by COVID-19 outbreaks and a property crisis. Payments …
Former vice president of China Development Bank stands trial for multiple offenses
He Xingxiang, former vice president of China Development Bank, stood trial on Tuesday at a court in Beijing on charges of taking bribes, issuing financial bills and granting loans illegally, and …
China to name Zhang Qingsong as vice governor of central bank -Caixin
China is set to name Zhang Qingsong as a vice governor of the central bank, financial magazine Caixin said on Wednesday.Zhang, president of the Agricultural Bank of China, one of the “big four” state …
BlackRock, UBS Among Funds Cutting China Property Exposure
Asia’s largest high-yield bond funds are steering clear of China’s real estate sector as a worsening liquidity crisis weighs on the debt, according to research firm Morningstar Inc.Most Read from …
We’ve been steadily downgrading our growth estimates for China, says Asian Development Bank
Albert Park of the ADB discusses China’s economic difficulties, such as “very depressed” consumer sentiment as a result of the government’s zero-Covid policy.
China’s housing market is ‘still a drag,’ says UBS
Yifan Hu of UBS Global Wealth Management says it will nevertheless probably perform better than the first half of the year.
