Risk of financial sanctions prompts Beijing to rethink where it parks its massive foreign exchange reserves.
11 Nov 2024 - 9:14AM videocam
Chinese buyers with nowhere else to look snap up gold bars in search for ‘reliable value-preserving asset’.
2 Nov 2024 - 6:00PM videocam
Though Vladimir Putin has called for the group of emerging economies to develop an alternative payment system, enthusiasm appears limited.
25 Oct 2024 - 6:00PM videocam
China’s top legislature meeting provides a window for potential fiscal stimulus announcement; current agenda includes discussion of financial work and review of law revisions.
25 Oct 2024 - 7:13PM videocam
Hudong-Zhonghua Shipbuilding is due to deliver six vessels to a Hong Kong containership lessor by 2028.
22 Oct 2024 - 10:20AM videocam
A big-spending county in one of China’s poorest provinces has become a topic of discussion again as local debts still encumber economy.
21 Oct 2024 - 1:00PM videocam
China just saw its slowest economic growth in more than a year, but analysts say Beijing’s stimulus plans could still right the ship.
18 Oct 2024 - 6:02PM videocam
China said it appreciated Laos’ interest in and intention to cooperate on Chinese commercial aircraft without naming the C919 or ARJ21.
15 Oct 2024 - 1:51PM videocam
He Lifeng calls for efforts to help China beat property sector slump, which has been a stumbling block to economic recovery.
13 Oct 2024 - 8:00PM videocam
China’s consumer price index grows by 0.4 per cent year on year in September, while the producer price index slips by 2.8 per cent.
Low-altitude economy is seen a new growth engine for China, highlighted by demonstrations during the recent week-long National Day holiday.
10 Oct 2024 - 8:47AM videocam
For maximum effect, observers say, a fiscal expansion to boost China’s economy will need to come soon if it is to come at all.
9 Oct 2024 - 9:43AM videocam
Leading Chinese economist Mao Zhenhua says China should consider issuing additional long-term treasury bonds following last week’s raft of measures.
4 Oct 2024 - 5:22PM videocam
Analysts suggest China could sell at least 1 trillion yuan (US$142 billion) of special treasury bonds and lift its budget deficit ratio.
27 Sep 2024 - 11:25AM videocam
Some analysts see ‘panicking’ among China’s policymakers, others point to a rising sense of urgency in fighting deflation.
25 Sep 2024 - 4:29PM videocam
Cuts by the Federal Reserve have prompted exporters to convert their US dollar assets into yuan, strengthening China’s currency.
Continued diversification of reserve portfolio may be in order, but into what, and at what speed, are pressing questions.
‘The risk of intensifying trade wars is very real’.
18 Sep 2024 - 6:00AM videocam
US Federal Reserve expected to lower its benchmark borrowing rate, which could give China room to ease.
S&P Global Ratings global chief economist Paul Gruenwald says China is under no external or market pressure to deal with the property market.
Firing up the grills boosted Zibo’s national profile and lured millions, but it has done little to economically transform the heavily indebted city.
12 Sep 2024 - 9:04AM videocam
China has reaffirmed its aid and loan commitments to Africa even as its economy slows, showing its eye remains on the bigger picture.
7 Sep 2024 - 10:00PM videocam
Former tax official Xu Shanda also urged Beijing to prioritise boosting consumption and the confidence of China’s private sector.
Growth of virtual currencies such as bitcoin and ether used in crimes has been ‘phenomenal’, law professor says.
China’s yuan gained 1.9 per cent against the US dollar in August, which represented the largest monthly change since November.
China’s yuan has become more acceptable to foreign countries, but authorities still maintain tight control of fund flows under its capital account.
1 Sep 2024 - 6:00AM videocam
Barter trades have emerged as an alternative way for China to continue to expand its exports and to circumvent payment issues.
29 Aug 2024 - 11:00PM videocam
PBOC governor Pan Gongsheng says local debt has fallen and number of high-risk small and medium banks has ‘nearly halved’ from peak.
25 Aug 2024 - 5:00PM videocam
China’s Ministry of Industry and Information Technology on Friday suspended a steel industry upgrade programme amid slowing demand.
China’s highest judicial bodies on Monday made 13 revisions to its money-laundering law.
20 Aug 2024 - 7:48PM videocam