Chinese markets’ rally has been gaining steam, and market watchers are expecting it to outperform its American counterparts as U.S. exceptionalism sputters.
Tagged By financials
Banking institutions in action to lift consumption
The nation’s banking institutions have a chance to respond to the policy directives aimed at boosting China’s consumer spending with loans and other retail credit solutions that can provide consumers …
China banks cut consumer loan rates to record low to spur demand
NEW YORK] Chinese banks are slashing rates on consumer loans to record lows as policymakers ramp up stimulus to stabilise growth and counter US President Donald Trump’s tariffs. Read more at The …
China keeps close eye on US, Panama Canal deal
China does not seem pleased with the recent deal between a Hong Kong company and U.S. finance and investment firms for the ownership of certain ports on the Panama Canal …
More China Consumers Feel Better Off, Deutsche Bank Survey Shows
Consumer sentiment in China has improved sharply from last year, a survey by Deutsche Bank AG has revealed, offering a glimpse into the state of household expectations that remain held back by the …
China scrutinising Hong Kong firm’s sale of Panama Canal ports
China is scrutinising a deal struck by a Hong Kong company to sell ports at the Panama Canal to a United States financial firm. Beijing directed multiple agencies on Tuesday to examine the transaction …
China’s banking financial institutions urged to better support private economy
BEIJING – The China Banking Association and the All-China Federation of Industry and Commerce jointly issued a proposal on Monday, calling on the country’s banking financial institutions to use more …
Retail Giant Target, Which Relies On China For 30% Of Its Merchandise, Warns Of Profit Hit As Trump’s Trade War Bites
Target Corp. (NYSE:TGT) has warned that President Donald Trump‘s tariffs could erode profits as the retail giant faces a combination of economic headwinds and consumer backlash over its recent retreat …
Top creditor China approved no loans to Cambodia in 2024, data shows
China signed no new loan to Cambodia last year, latest data from Cambodia’s finance ministry shows, in a dramatic reversal by the country’s top creditor that if continued could affect infrastructure …
China’s Economy Shows Signs of Strength as Trade War Begins
China’s consumption and industrial production grew faster in January-February, an upswing that exceeded forecasts, according to data released Monday. At the same time, new- home prices fell more …
China unveils childcare subsidies and income boost in new stimulus plan
The initiative comes as consumer spending remains subdued after a slow recovery from COVID-19 disruptions and a prolonged property market slump.
China February bank lending slows more than expected as US tariffs add to uncertainty
BEIJING] New bank lending in China tumbled more than expected in February from a record high the previous month, even as policymakers seek to shield the economy from an escalating trade war with the …
Elon Musk could be a bridge between the U.S. and China — but for which country’s benefit?
Tech billionaire Elon Musk’s financial interests in China have raised concern that they could influence his work as a senior adviser to President Donald Trump.
