Tag: China

China Adds Property Support With M&A Funding, Bank Rate Cut

(Bloomberg) — China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown.Most Read from BloombergSouth Africa Hospitalization Rate Plunges in Omicron WaveBiden to Issue ‘Stark Warning’ on Vaccination Amid Covid SurgeStocks, Futures Sink on Virus, Manchin Shock: Markets WrapEurope Braces for More Covid Lockdowns as U.K. Cases SurgeEngland Has Hundreds of Thousands of New Omicron Cases DailyAuthorities are encouraging
— Read on ca.finance.yahoo.com/news/china-adds-property-support-m-063546632.html

China Likely to Make 5% Growth Its Bottom Line for 2022

(Bloomberg) — China is likely to set a floor for economic growth of 5% next year as it tries to balance a desire to rein in the real-estate sector with the need for stability in a year of crucial political change.Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveThat’s the consensus among economists after year-on-year growth weakened to below that thre
— Read on ca.finance.yahoo.com/news/china-likely-5-growth-bottom-012002899.html

China’s Bubble Bursting Has Wall Street Eyeing a 2022 Rally

(Bloomberg) — Pandemic stimulus helped trigger speculative frenzies in everything from stocks to crypto and property across the world in 2021. China went the other way as Beijing officials took action to deflate bubbles. Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveThe result is one of the most extreme divergences between major financial markets i
— Read on ca.finance.yahoo.com/news/china-bubble-bursting-wall-street-200000967.html

China’s Economic Slump Fuels Calls for More Stimulus

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseCan Indoor Farms Reach Skyscraper Height?China Is Building the World’s Largest National Park SystemBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalChina’s economy took a knock last month from an ongoing property market slump and sporadic Covid outbreaks, prompting economists to
— Read on ca.finance.yahoo.com/news/china-economy-slows-november-property-023357765.html

China’s Solar Giants Make a Bid to Dominate Hydrogen Power

(Bloomberg) — Chinese companies spent 10 years aggressively maneuvering to become the dominant players in solar power. Now they’re seeking to lead the way in developing the next big thing in clean energy: hydrogen.Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseAnatomy of a Bad RoadChina Is Building the World’s Largest National Park SystemBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalThe 15 Best Beers We Drank This YearTop solar m
— Read on ca.finance.yahoo.com/news/china-solar-giants-bid-dominate-210515270.html

Asia stocks bounce from one-year low, China gains on monetary easing | Reuters

Asian shares staged a recovery on Tuesday on receding worries about the impact of the Omicron variant while Chinese markets were supported by the central bank easing monetary policy.
— Read on www.reuters.com/markets/europe/global-markets-wrapup-1-2021-12-07/

Evergrande set for restructuring, with no word on first formal default

Evergrande is set to forge ahead into a restructuring that would include all of its offshore public bonds and private debt, according to analysts.
— Read on www.cnbc.com/2021/12/07/evergrande-set-for-restructuring-with-no-word-on-first-formal-default.html

China Stock Losses in U.S. Top $1 Trillion on Delisting Fear

(Bloomberg) — A brutal 2021 selloff for Chinese stocks trading in the U.S. has now erased more than $1 trillion in value since February and shows no signs of easing as regulators on both sides of the globe continue to put pressure on the firms.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsThe Nasdaq Golden Dragon China Index — which tracks China-exposed firms listed in
— Read on ca.finance.yahoo.com/news/china-stock-wipeout-u-tops-191727927.html

‘China Shock’ Still Shakes World Grappling With Trade’s Future

(Bloomberg) — Twenty years after China’s ascent into the World Trade Organization, governments around the world are grappling with how to handle the exporting juggernaut for the next two decades.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsWhile it’s largely agreed even by those who brought China into the global trading tent that its entry hasn’t played out as expected,
— Read on ca.finance.yahoo.com/news/china-shock-still-shakes-world-210000460.html