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Tag: Chinese economy


News

Chinese anti-virus lockdowns add to concerns over economy

January 7, 2022

Via: ABC News

China’s lockdowns of big cities to fight coronavirus outbreaks are prompting concern about more disruptions to global industries after two makers of processor chips said their factories were affected. That has added to unease about the omicron variant’s global economic […]


News

China’s Growth Surges to 18.3% but the Pandemic Rebound Is Leveling Off

April 16, 2021

Via: Time

BEIJING — China’s economy grew by double digits in the latest quarter but an explosive rebound from the coronavirus pandemic is slowing abruptly as manufacturing and consumer spending return to normal. The economy grew by 18.3% over a year ago, […]


Financial Services, Industries, News

Biden’s China policy is tougher on financial firms than Trump’s was, report says

April 9, 2021

Via: CNBC

BEIJING — As U.S.-China tensions continue to simmer under a new administration, risks for American investors with exposure to China are only going to rise, according to a report from Cowen. “We believe President Biden represents a greater risk for […]


Finance Tech, Trading

World shares retreat despite strong growth data from China

January 18, 2021

Via: ABC News

Stock markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year. Shares fell in London and Tokyo on Monday but advanced in […]


News

China continuing to outpace the U.S. economy, CFO survey reveals

December 2, 2020

Via: CNBC

For the second straight quarter, the world’s leading chief financial officers have a more positive outlook on the Chinese economy than they do for the economy of the United States. In the Q4 CNBC Global CFO Council Survey, CFOs gave […]


Financial Services, Industries

U.S. financial firms like Citi and BlackRock make inroads into the Chinese market

September 2, 2020

Via: CNBC

From regulatory approval to business decisions, major American financial giants are moving deeper into the Chinese market, even though political tensions between the two countries are growing. Citi announced Wednesday it received a domestic fund custody license from the China […]


Finance Tech, Trading

Trump’s ‘Phase One’ Trade Deal With China Won’t Stop Trade Wars From Being the New Normal

January 15, 2020

Via: Time

President Donald Trump is expected to sign “phase one” of a U.S.-China trade deal Wednesday—marking a cooling of the trade war that has roiled markets and upset supply chains around the globe. On paper, the deal will enhance Intellectual Property […]


Financial Services, Industries

China may have a new way of boosting its economy. Here’s what the central bank just did

August 20, 2019

Via: CNBC

China’s central bank has changed the way commercial lenders set interest rates for loans — a move expected to bring borrowing costs lower at a time when the Chinese economy needs a boost. Growth in China is slowing down as […]


Finance Tech, Trading

Companies from Apple to Ford are flashing warning signs about the Chinese economy

January 3, 2019

Via: CNBC

The health of the Chinese economy is becoming a big worry for some international firms. Buffeted by the ongoing trade war between Beijing and Washington — not to mention an already-anticipated slowdown in domestic growth engines — the world’s second-largest […]


Finance Tech, Trading

China’s export boom is a worrying signal that Trump’s trade war is going to get worse

November 9, 2018

Via: Business Insider

Chinese exports to the US have risen this year as the country looks to get as many goods as possible off its shores before steeper tariffs come in January. “This growth is due to exporters’ concern that the 10% tariffs […]


News

China’s credit rating downgraded over debt concerns

May 24, 2017

Via: CNN

How’s China doing in tackling its growing debt problem? Not great, according to one of the world’s top credit rating agencies. Moody’s Investors Service on Wednesday downgraded China’s sovereign debt one notch to A1, the agency’s fifth-highest rating. It’s the […]