- November 17th, 2024
Asian equities witnessed a notable rally on Friday, buoyed by signs of economic stabilization in China and a retreat in the US dollar. The Hong Kong Hang Seng and Australia’s S&P/ASX 200 advanced on data indicating the highest growth in...
China’s economy displayed signs of stabilization last month, supported by a resurgence in retail sales growth, which reached its highest level in eight months. The uptick suggests that the latest round of economic stimulus policies introduced by Beijing may be...
China’s economy, foreign companies pulled $8.1 billion from Chinese markets in the third quarter of 2023, a sign that investors remain cautious despite China’s recent stimulus measures. New data from the State Administration of Foreign Exchange (SAFE) reveals a nearly...
Beijing’s efforts to shore up economic growth are boosting investor sentiment as Goldman Sachs revises its growth projections for China’s economy. Goldman Sachs Group Inc. has upgraded its forecasts for China’s economic growth in 2024 and 2025, citing fresh policy...
The Governor of China's central bank, Pan Gongsheng announced an ambitious set of economic measures aimed at revitalizing the nation's faltering economy. This announcement came just a week before the 75th anniversary of Communist Party rule and signaled China's urgency...
As China prepared for its annual Golden Week holiday—a time of national pride and celebration, especially this year as the country marks the 75th anniversary of the founding of the People’s Republic—the Chinese Communist Party unveiled a series of economic...
China's economy is in a downturn, with many cities cancelling official countdown events and celebrations. The government is financially constrained and hesitant to take responsibility for many issues, fearing overstepping its bounds. From 2020 to 2023, China faced significant development...
Since November 17, the Chinese yuan (RMB) against the U.S. dollar (USD) has shown a strong rebound trend, with the onshore RMB-to-USD spot exchange rate rising above the 7.13 level by one point, closing at 7.1338, marking a nearly four-month...
China's economy is facing a new problem as the prices of consumer goods have fallen below normal for the first time in the last two years. The consumer index, which measures inflation, has decreased by 0.3% in the last month...
US Finance Minister Janet Yellen mentioned China's 'unfair economic activities' before her Chinese visit! He said he was troubled by the punitive actions taken by China against American companies in recent months. Let us tell you that recently China said...
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