One Weapon China Is Reluctant to Deploy Against Tariffs: A Weaker Currency
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has ...
China’s consolidation of small banks accelerates to head off systemic risk
Smaller banks face more asset quality deterioration in coming years, on top of earnings pressure, Fitch Ratings director says ...
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Xinhua Headlines: China achieves 2024 growth target, bolsters global economy
Looking ahead, China plans a stronger macroeconomic policy push for 2025. Authorities have pledged to adopt a more proactive fiscal policy and a moderately loose monetary policy, strengthen ...
Drivers of China’s science and tech goals revealed as US rivalry intensifies
Policy meeting led by Vice-Premier Ding Xuexiang unveils China's tech leadership team, with observer noting focus on military-civil fusion A high-profile policy meeting has revealed the key official ...
Chinese economy grew 5% in 2024, UK Retail Sales disappoint, and “day one” looms
USD: The Dollar Index recorded session highs yesterday, marginally taking out Wednesday's high after the retail sales report. It then reversed course and set a new session low near 108.80. Still, the ...