Tag: China
Singapore hedge fund Asia Genesis shuts after ‘big mistake’ on China...
SINGAPORE hedge fund Asia Genesis Asset Management is closing its macro fund after suffering an “unprecedented drawdown” following China’s stock market rout...
Oil inches up on China rebound, but global demand concerns weigh
Oil prices inched up on Thursday, extending gains from the previous two sessions on signs of a strong economic rebound in China,...
China Injects Record Amount of Cash This Week Before Holidays
China’s central bank has pumped a record amount of short-term cash into the banking system this week as demand rose following the...
Iran’s oil exports surge amid demand from China, Venezuela
Iran's oil exports surged late last year despite ongoing sanctions by the U.S. and other countries amid strong demand from China and Venezuela,...
China Traders Hunt for Long-Term Reopening Winners After Frenzy
As China’s reopening starts to take shape, investor focus is increasingly seen shifting from frenzied stock bets to longer-term plays such as consumer...
China’s factory inflation hits 17-month low, consumer prices speed up
China's factory-gate inflation eased to a 17-month low in July, defying global cost pressures as slower domestic construction weighed on raw material...
China will raise defense spending by 7.1% in 2022, faster than...
China’s defense spending this year is set to grow at its fastest pace since 2019, according to the Ministry of Finance plan...
Chinese yuan could come under more pressure after surprise rate cut
China’s central bank unexpectedly cut loan rates on Monday — a move that will likely put more downward pressure on the Chinese...
Evergrande can’t pay its debts. China is scrambling to contain the...
Evergrande has defaulted on its debt. Now Beijing is intervening to prevent a disorderly collapse of the indebted real...
Officials faked economic data and tried covering their tracks
Officials in a central Chinese city have been found to have gone to extraordinary lengths to fake economic data and try to...