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Why China’s Struggling Economy Is A Huge Price Boost For Bitcoin
As Bitcoin's price continues to test upwards momentum, China's economic slowdown may be an understudied and massive demand boost for Bitcoin.
China needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
China vows 'necessary spending' to hit economic growth target
Chinese leaders pledged on Thursday to deploy "necessary fiscal spending" to meet this year's economic growth target of roughly 5%, acknowledging new problems and raising market expectations for fresh stimulus on top of measures announced this week.
China vows to prop up housing market, boost economy
Chinese leaders pledged on Thursday to push to hit the 2024 economic growth target and stop declines in the housing market, state media reported, citing a Politburo meeting. Two days after authorities unveiled the country's biggest stimulus since the pandemic to pull the economy out of its slump,
China admits economy facing new 'problems', vows to fix property sector
Chinese President Xi Jinping and other top leaders admitted Thursday that the world's number two economy was facing new "problems" and vowed to resolve a long-running crisis in the housing
19h
on MSN
Communist China is celebrating its 75th birthday and its stock market is soaring. But not everyone is in the party spirit
For much of the past year since China reopened to the world following the Covid-19 pandemic, a pall has hung over large ...
9h
Why Investors Need To Be Cautious About China’s Market Rally
I am skeptical about China as a strategic investment. Its problems are mainly structural than cyclical, and the government is ...
15h
A Week of Shock and Awe Ignites China’s Stock Markets
China’s manufacturing activity continued its run of decline for a fifth straight month, backing the case for stronger policy ...
3d
on MSN
China's industrial profit growth swings back to decline in August
China's industrial profits swung back to a sharp contraction in August, official data showed on Friday, adding to a recent ...
6d
Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
China’s economic slowdown means people are spending their more limited funds on so-called “pingti” products, high-quality ...
23h
China’s Sovereign Bonds Decline as Stimulus Fuels Stock Bets
China’s 10-year sovereign bonds fell, extending their biggest weekly drop in a decade, as investors pivoted toward risk ...
20h
Painful policy choices loom after China's 'monumental' consumer stimulus plan
China's stimulus plans to fill consumer pockets to meet its 2024 growth target breaks away from a decades-old policy playbook ...
中国日报网
1d
LEGO bullish on growth in China
The LEGO Group, known for its brick sets, remains optimistic about its long-term growth in the Chinese market, focusing on ...
11h
China Removes Curbs on Home Buyers, Sparking Stock Market Surge
After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making easier to buy ...
4d
on MSN
China cuts banks' reserve ratio as economic growth sputters
China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the ...
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