Trump’s JD Vance problem is now China’s, too
Chinese leader Xi Jinping can’t be happy his Third Plenum extravaganza is competing for headlines with events 11,000 kilometers from Beijing.
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Japan’s Ishiba needs China to thrive to survive
TOKYO — As Japan’s new prime minister sets out to hasten growth in Asia’s second-biggest economy, Shigeru Ishiba is about to learn the hard way that it’s really up to China.
China unleashes welcome wave of market-friendly stimulus
The Chinese Communist Party (CCP) Central Committee’s Politburo has called for powerful measures, including limiting the home supply and cutting mortgage rates, to end the free fall of home prices and meet the country’s 5% annual economic growth target.
China’s $142bn bank injection to entice global investors
For global investors who have been wary of China’s economic prospects in recent years, news of the government considering a substantial US$142 billion injection into its largest state banks could mark a major turning point.
China on the horns of a Fed rate cut dilemma
The People’s Bank of China (PBoC) faces a crucial policy dilemma as it weighs following the US with significant monetary easing to tamp down an appreciation of the yuan while seeking to avoid crimping Chinese bank profits.
US rate cut no cure-all for Asia’s woes and ills
The Federal Reserve’s impending interest rate cut this Wednesday (September 18) will have profound, though not immediately predictable, implications for economies worldwide. And nowhere, apart from the US, will those effects be felt more sharply than in Asia.
China-Australia looking to heal trade war wounds
When Treasurer Jim Chalmers travels to Beijing later this month, he and his counterpart at China’s peak economic agency, the National Development and Reform Commission, won’t be short on important topics to discuss.
Can China’s export surge save the day?
The 8.7% year on year jump in Chinese exports in August is the best news President Xi Jinping’s economy has had in months.
Perfect storm looming large over global markets
SEOUL — The sharp drop in South Korean stocks Wednesday (September 4) demonstrated how quickly Wall Street’s sudden stumble is reverberating around the globe.