On 17 May, China will open the sale of a trillion yuan worth of bonds—about $138 billion—to help it stand its economy back up after almost three years of weakness and turmoil.
Tag: China
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GLOBAL DEBT SETS NEW RECORD AT $315 TRILLION
In this year’s first quarter, nations took on another $1.3 trillion in debt, pushing the worldwide total to $315 trillion, the Institute of International Finance (IIF) reported.
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
At a 30 April meeting, China’s Politburo—the small group that sets government policies—signaled that mortgage interest rates will be lowered again and that aid would be offered to floundering real estate developers.
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
Profits in China’s industrial sector fell last month on fewer exports and pressures from the country’s ongoing deflationary cycle that did little to spur the consumer economy.
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
China’s economy grew by 5.3 percent, year on year, according to the National Bureau of Statistics (NBS).
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SPECIAL REPORT: THE NEW BULL MARKET IN COMMODITIES
Gold for June delivery reached $2,448.80 on 13 April before ending the day at $2,374.10, with central banks still on their gold-buying spree.
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AS FORECAST: BITCOIN (OFFICIALLY) BACK IN CHINA VIA HONG KONG
Even as bitcoin volatility dominated the week in one sense, buzz surrounding an imminent decision to approve spot bitcoin ETFs for Chinese investors via Hong Kong, was palpable.
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CHINA, RUSSIA UNITING AS U.S. GROWS MORE ISOLATED
The bond between Russia and China continues to strengthen as the U.S. becomes more isolated during its support of endless war in Ukraine and the Israel genocide in Gaza.
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
In March, China’s factory activity grew for the first time in six months, the country’s National Bureau of Statistics (NBS) has estimated.
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CHINA SURPASSES U.S. IN PRODUCING AI RESEARCHERS
China may lag the U.S. in AI technology, but perhaps not for long. China is producing about half of the world’s leading AI researchers, while the U.S. is creating only about 18 percent, according to a new study by the Paulson Institute, which promotes positive connections between the U.S. and China.