SEARCHED FOR:ECONOMY OF CHINA
China's central bank says it won't be hasty with policy changes
The PBOC has rolled out measures since February, including cuts in lending rates, banks' reserve requirement ratios (RRR) and targeted support for virus-hit companies such as cheap loans. But analysts say the central bank has now shifted to a more steady stance as the economy rebounds.
Indian economy to fare better in the Covid, Goldilocks and the three bears phase: Morgan Stanley
According to the research paper, titled Asia...
Wall of money awaits markets, not wall of worry, says Mark Mobius
Mark Mobius said sometimes the dividends are better than what one can get b...
China stocks end lower as healthcare, industrials firms weigh
China will strike a balance between stabilising economic growth and preventing risks, even as debt was allowed to temporarily rise this year to support the coronavirus-hit economy, the head of the central bank Yi Gang said.
US Election: Whoever triumphs, investors see China, green and easy money bets as winners
Money managers stick with their longer-term bets.
Anti-China protests rise in Argentina, the recipient of maximum Chinese FDI in Latin America
In the last fifteen years from 2005 to 2019, Argentina has received maximum investment from China $ 30.6 billion, which accounted for 39 per cent of total Chinese investment in South America.
Perpetual recession? Recovery in a year? Economists deeply divided on U.S. future
It has given policymakers little solid to plan around and left the Fed reluctant to announce new steps to support the economy until it's clearer what's needed and for how long.
Moody's raises growth forecast for China to 1.9%
“Our only upward revision for 2020 growth was for China, which we raised to 1.9% from 1.0% following a stronger-than-expected Q2 rebound in real GDP,” Moody’s said.
China stocks end lower after GDP data disappoints
China's GDP grew 4.9% in July-September from a year earlier, official data showed, slower than the median 5.2% forecast by analysts in a Reuters poll and following 3.2% growth in the second quarter.
China's economy remains resilient despite external risks, says Xi Jinping
The world's second-largest economy has steadily recovered from a virus-induced slump, but analysts say policymakers face a tough job to maintain stable expansion over the next several years to turn China into a high-income nation.
China auto sales rise 12.5% in October, 7th straight monthly gain
Sales reached 2.57 million vehicles last month, data from the China Association of Automobile Manufacturers (CAAM) showed.
Copper soars to near 2-1/2-year high on robust China demand
Three-month copper on the London Metal Exchange jumped 2.6% to $7,161.50 a tonne by 0708 GMT, after touching $7,179 earlier in the session, its highest since June 14, 2018.
View: India is not China. The new policy of state support to select sectors could be very risky
China succeeded because its land acquisition is cheap and quick. In India it is costly and constantly delayed. India’s electricity is among the costliest in the world, China’s is among the cheapest. China’s infrastructure and transport costs are very competitive, India’s is woefully uncompetitive. China has labour flexibility, India does not.
Shanghai shares ease as data shows soft growth in Oct bank loans
The blue-chip CSI300 index rose 0.1% to 4,908.46, while the Shanghai Composite Index slipped 0.1% to 3,338.
Biden may be better for economy than Trump, says Jim O’Neill
Even as Joe Biden’s tax plans could deter the markets, former Goldman Sachs chairman Jim O’Neill believes he would be a better choice than Donald Trump, given the latter’s erratic and aggressive moves.