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
The Barron's news department was not involved in the creation of the content above. This article was produced by AFP. For more information go to AFP.com.
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 ...
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 ...
Asia's Factory Activity Hit by Global Uncertainty, Focus on China Stimulus
The International Monetary Fund (IMF) anticipates a soft landing for Asia's economies as moderating inflation creates room ...
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'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 ...
中国日报网1h
China reports surge in home appliance sales under trade-in program
BEIJING - The ongoing trade-in program for home appliances has led to a surge in sales revenues which topped 33.5 billion ...
Why China’s Sluggish Growth Isn’t Rattling Xi Jinping
Softening US economic data spurred the Federal Reserve into decisive action this week to support growth. An even weaker set ...
China's monetary volleys miss key threat to economic growth
China's central bank has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to ...
China's Communist Party has ruled for 75 years. Will it make it to 100?
More than three decades after the collapse of the Soviet Union, the Communist Party of China retains a firm grip on power ...