Post Tagged with: "China Economy"

Shanghai?s stock index ends 2018 as the world?s biggest loser as trade war, slowing Chinese economy weigh on confidence

Shanghai?s stock index ends 2018 as the world?s biggest loser as trade war, slowing Chinese economy weigh on confidence

Shanghai?s stock benchmark ended 2018 as the world?s worst market performer for a second year, falling 24.6 per cent over 12 months as an unprecedented trade war between China and the United States weighed on the Chinese economy and crimped corporate earnings. The city?s key stock index closed the year […]

China stock market meddling will be reduced after bad year, vows Beijing

China stock market meddling will be reduced after bad year, vows Beijing

China?s heavy handed intervention in stock trading will cease and investment funds will be encouraged to buy into its equity market, as Beijing hopes to boost a stock market that has been among the world?s worst performers this year. The Financial Stability and Development Commission, part of the People?s Bank […]

Can China walk out of economic difficulties by relying on its old playbook of debt?

Can China walk out of economic difficulties by relying on its old playbook of debt?

China is banking on a new wave of debt-fuelled infrastructure spending to arrest a deepening economic slowdown, but the surge in local government debt may complicate Beijing?s long-term efforts of reining in financial risks in its economy. In an unusual move last week, China?s National People?s Congress Standing Committee authorised […]

Chinese companies cool on annual CES Vegas tech show amid trade war and economic uncertainty

Chinese companies cool on annual CES Vegas tech show amid trade war and economic uncertainty

The annual CES consumer electronics trade show in Las Vegas ? the biggest technology and consumer electronics exhibition in the world, with around 175,000 expected attendees and 4,000 exhibitors ? will kick off this week with about 20 per cent fewer Chinese merchants. Not a big surprise perhaps, given the […]

Inside the US delegation for China trade war talks: Washington?s big guns will be absent

Inside the US delegation for China trade war talks: Washington?s big guns will be absent

The US delegation that will head to Beijing on Monday for the next round of trade war negotiations will lack some of the high-ranking officials who took part in previous high-stakes meetings, the United States Trade Representative‘s Office confirmed on Friday. US Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin […]

China, Hong Kong stocks slide after president?s milestone speech leaves out stimulus for kick-starting a slowing economy

China, Hong Kong stocks slide after president?s milestone speech leaves out stimulus for kick-starting a slowing economy

Equity prices slid in Hong Kong and mainland China, following an overnight bloodbath in the US markets and a keynote speech Tuesday by Chinese President Xi Jinping that failed to provide a much-anticipated stimulus to kick-start the sagging economy. The Shanghai Composite Index, which started Tuesday?s trading with single point […]

China stimulus spending expected to stabilize economy amid challenges

China stimulus spending expected to stabilize economy amid challenges

A view of the container port in Lianyungang, East China‘s Jiangsu Province in December 2018 Photo: VCG As the outlook remains gloomy for the Chinese economy in 2019, all eyes have turned to the question of how the nation‘s policymakers intend to navigate through a barrage of challenges, which range […]

China makes ?US$102 billion? move to aid slowing economy, but will it be effective?

China makes ?US$102 billion? move to aid slowing economy, but will it be effective?

The effectiveness of a move by China?s central bank to inject up to an expected 700 billion yuan into the world?s second largest but worryingly slowing economy is difficult to calculate given the lack of transparency in the monetary policy, warned a chief economist. The People?s Bank of China (PBOC) […]

China, US set to join groundbreaking talks at WTO aimed at limiting government snooping on private data

China, US set to join groundbreaking talks at WTO aimed at limiting government snooping on private data

China and the United States are to take part in groundbreaking talks on restricting government surveillance of private companies? e-commerce data. A proposal to this effect will be introduced by Australia, Japan and Singapore this month, according to the Nikkei Asia Review. The proposed ruling, which has been in the […]

China must quickly ?quench the immediate thirst? of a deepening economic slowdown, senior economist Yu Yongding says

China must quickly ?quench the immediate thirst? of a deepening economic slowdown, senior economist Yu Yongding says

Arresting a deepening economic slowdown, not making ?baseless? deep-rooted structural reforms, should be the top priority for China?s economy in 2019, a senior economist said. Yu Yongding believes Beijing needs to take every possible measure, including increasing money supply and boosting fiscal spending, to prevent the world?s second largest economy […]