China’s central bank injected a record Rmb570bn ($84bn) into the country’s banking system via open market operations on Wednesday in the latest effort to boost liquidity and promote increased lending to a slowing economy. Credit and money-supply...
Read moreChina on Tuesday signaled more stimulus measures in the near term as a tariff war with the United States took a heavy toll on its trade sector and raised the risk of a sharper economic slowdown. The world’s second-largest economy will aim...
Read moreChinese steel futures prices inched up on Wednesday, buoyed by Beijing vowing to introduce policies to strengthen consumer spending and optimism that the months-long U.S.-China trade row is finally coming to an end. China plans to introduce...
Read moreChinese economists expect the gross domestic product of the country to grow 6.3 percent this year, which is 1 percentage point more than what the International Monetary Fund suggests. Chief economists from major financial institutions believed...
Read moreUS and Chinese officials will meet on Monday for their first formal talks since the beginning of a three-month truce in a trade war between the world’s two largest economies that has dragged down global markets. China’s commerce ministry said on...
Read moreChina’s private consumption rose 9.1 percent yearly to CNY34.5 trillion (USD5 trillion) over the first 11 months, with the full year figure projected to top CNY38 trillion, a set of official data shows. The structure of the consumer market...
Read moreThe greenback has been red hot, but the rally’s days are likely numbered. The dollar index has soared around 8 percent since its February low, but I believe we’ve seen the top for 2018. A few factors are at play here, including the...
Read moreChina’s Premier Li Keqiang said the country will step up reforms and roll out new incentives to remove obstacles to private investment and business, the official Xinhua news agency reported. Xinhua said Li made the remarks on Thursday during a...
Read moreChina is able to weather the escalating trade war with the U.S. and achieve its economic targets for this year, an official at the nation’s top economic planning body said. The impact on industrial production, employment and consumer prices will...
Read moreBMO Nesbitt Burns investment advisor and NAI500 contributer, Joseph Tang was featured in <Monday Forum> in a local Vancouver Chinese media LS Times TV on July 17, 2018. In Cantonese, he spoke about economic trends and what is happening to...
Read moreChina urged the United States on Friday to “pull back from the brink” as President Donald Trump’s plans for tariffs on up to $60 billion in Chinese goods brought the world’s two largest economies closer to a trade war. The escalating tensions...
Read moreThe U.S. administration is concerned with “specific” trade deficits in specific regions of the United States, rather than looking at trade balances overall, according to a former chief economist of the International Monetary Fund...
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