Over the past month, in response to disappointing economic data, various Chinese government agencies have announced measures intended to stimulate household spending and bolster consumer confidence. China’s economy continues to...
Keith Bradsher at The New York Times reports that the Chinese government is starting to rein in...
Bloomberg News reports that The People’s Bank of China on Thursday banned financial...
The Wall Street Journal reports that Chinese stocks “were in free fall on Monday” after Beijing scrambled over the weekend to assure investors that its financial system had ample liquidity. After the People’s...
China’s National Bureau of Statistics reported disappointing first quarter GDP growth of 7.7 percent on Monday, according to Reuters: Many investors had anticipated a possible surprise on the upside, with growth faster...
During a week in which Xinhua News called out the resentment brewing in China over the country’s “yawning wealth gap”, and the China Daily reported that Premier Wen Jiabao told a State Council economic...
Economic data released over the weekend indicated that China’s economy may have begun to stabilize in September, as both the trade surplus and money supply grew more than estimated and inflation fell to its slowest pace in...
The World Bank lowered its growth forecast for China to 7.7 percent on Monday, 0.5 percent below its April estimate, according to the China Daily: The World Bank also lowered China’s growth forecast in 2013 to 8.1 percent,...
Following last weekend’s interest rate cuts by The People’s Bank of China, which signaled a move toward a more market-based banking system, The Wall Street Journal reports that China’s banks will likely feel...
Despite reports by state media last month that China’s “Big Four” banks had made almost no new loans in the first half of May, Reuters reports that bank lending for the month rose more than expected: New loans...
Under a cloud cover of speculation about a potential fiscal stimulus package, China’s central bank announced a 25 basis point cut to lending and deposit rates on Thursday, its first interest rate cut since late 2008 and...
China’s central bank announced a 25 basis point cut to borrowing and lending rates on Thursday, the latest measure taken to stave off a hard landing for the economy. From The New York Times: The interest rate cut was the...
After the Chinese government stepped up public statements in support of a stimulus to aid its sputtering economy, analysts and investors are now left to speculate what form a potential fiscal package may take. State media,...
The People’s Bank of China announced a 50 bps cut in the reserve requirement ratio (RRR) for commercial lenders on Saturday as it stepped up efforts to boost growth amid signs of a weakening economy. The second such cut...
Mixed messages continue to emerge about the state of China’s economy, after an official reading of China’s manufacturing sector defied a negative preliminary forecast and signaled a rebound in factory activity in...
In a week dominated by the political drama surrounding the dismissal of embattled Chongqing party secretary Bo Xilai, speculation continued over possible monetary easing despite mixed messages from officials as they seek to...
Bloomberg reports that foreign direct investment (FDI) in China fell for a fourth straight month in February: Investment declined 0.9 percent to $7.73 billion last month from a year earlier, the Ministry of Commerce said in a...
A week after Premier Wen Jiabao opened the National People’s Congress by lowering China’s 2012 GDP growth target, and only a couple days after China announced its largest trade deficit in more than a decade,...
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