Tag: China Economy
Weak China consumption may weigh on growth
China's consumption figures are driving the recovery from the pandemic, but the outlook for growth in consumer spending is mixed. ...
China and Hong Kong launch scheme for interest rate swaps
The interest rate swap scheme will allow foreign investors to hedge market risks attached to the $553 bn in onshore yuan bonds held by them....
China’s amended antitrust law goes live on August 1
China is tightening the noose around the country’s tech companies further, with the new China antitrust law coming into effect on August 1...
China is lapping up Russian oil
China steps up imports of Russia oil, which now accounts for 55% of Beijing's crude imports, higher than imports from Saudi Arabia. ...
China’s budget deficit widens to worst ever on record
China's budget deficit for the first five months of 2022 is 43% higher than the deficit recorded for the same period in 2020....
China sets up bailout fund for distressed banks
China is readying up a financial stability guarantee fund running in tens of billions of dollars for banks, insurers and other firms...