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.
Economic Growth In China
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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
Economic rise makes China a key driver of global growth
RECENT years have seen some international pundits first claim that the Chinese economy is a global inflation threat, and then ...
Analysis-Global investors call time on their exodus from China
Global investors are preparing to stake bets on China again, in a major sentiment shift sparked by Beijing's drive to reverse ...
Markets cheer as China gets serious on stimulus
Property sector a key focus in rapid fire of policy measures after almost two years of piecemeal attempts to breathe life ...
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BofA Analysts Flag Market Risks from China, Fed Cuts, and Tax Loss Harvesting
Despite a recent rally in Chinese equities, many investors remain uncertain about its sustainability. Bank of America (BofA) ...
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 ...
Mint Primer | China’s stimulus: What it spells for India & the world
On 24 September, the Chinese Central Bank cut interest rates and infused $143 billion into the banking system by cutting the ...
Lego continues to be bullish on growth in China
Beijing: The Lego Group, known for its brick sets, remains optimistic about its long-term growth in the Chinese market, ...
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 ...
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 ...