China’s top leadership is committing to ample liquidity as the nation contends with a slowdown. So far, a lot of that cash is sitting in the financial system instead of being transmitted to the real…
Tagged By financials
China’s Politburo Signals No Big Stimulus Despite Slowdown
China’s top leadership gave a downbeat assessment of economic growth but didn’t announce new stimulus policies at a key meeting, calling on officials to ensure that housing projects are completed …
Can the West dismantle China’s pan-Asian railway dream?
Fast train plans are a concern for Western nations worried about China’s growing influence in the region. There is something awfully permanent about a train line once it’s in.
Deglobalisation’s China wild card
China had timed its WTO membership bid perfectly, just when the global trade cycle was on a major upswing. While the financial crisis took a brief toll on Chinese export momentum, the interruption was …
Slowdown in China ripples through corporate earnings
Several multinationals in the second quarter have all cited weakness from the Chinese market as a challenge they’ve either been hindered by or have to overcome.
Billionaire Jack Ma to cede control of financial tech giant Ant Group
A regulatory crackdown that scuppered its $37 billion IPO in 2020 led to a forced restructuring of the financial technology behemoth.
Financial Times: Central Bank of China plans to allocate up to $148 billion to rescue the real estate sector
Beijing is trying to mobilize up to 1 trillion … which played a big role in reducing annual growth to just 0.4% in the second quarter, the People’s Bank of China will initially lend about…
Billionaire Jack Ma to cede control of financial tech giant
A regulatory crackdown that scuppered its $37 billion IPO in 2020 and led to a forced restructuring of the financial technology behemoth.
China Bank H1 earnings jump 39% on record Q2
China Banking Corp. boosted its earnings by 39 percent to P10.1 billion in the first half, from P7.3 billion in the same period last year, after hitting a record P5 billion in the second quarter.
Iron ore price hits 4-week high boosted by rebounding steel margins in China
Twelve blast furnaces in China have resumed operations as margins improved, Chinese metals information provider SMM reported.
China Targets $148 Billion in Financing for Cash-Strapped Developers – FT
China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, the Financial Times said on Thursday, as it tries to revive the debt-stricken sector …
Asia credit investors feel the pain of China property exposure
China’s crisis-hit property sector has driven underperformance this year in some Asia-focused credit funds, including one led by a former Lehman Brothers portfolio manager, pummelling their returns …
China Economic Review Jul. 28
Recently, China released the New Urbanization Implementation Plan during the 14th Five-Year Plan period (2021-25), which comprehensively deployed the goals, tasks, policies and measures to promote new …
