IMF Upgrades Chinese Mainland’s 2024 Growth Forecast to 5%
The IMF has increased its 2024 growth forecast for the Chinese mainland to 5%, citing strong Q1 GDP data and supportive policy measures.
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China Releases Inaugural 2024 Financial Policy Report: A New Era of Growth
China unveils its first large-scale 2024 Financial Policy Report, outlining key developments and strategies for high-quality financial growth.
Fed’s Rate Hike Concessions Urgent to Prevent Currency Crisis, Says SPI Asset Management
SPI Asset’s Stephen Innes warns the Fed must adjust rate hikes to avoid a potential currency crisis, citing the sharp decline in the Japanese yen.
China Maintains LPR in May, Eyes Potential Mortgage Rate Reductions
China’s Loan Prime Rate remains unchanged in May as the government introduces measures to support the housing market and potentially lower mortgage rates.
Chinese Mainland Lowers Mortgage Rates to Spur Housing Market Growth
The Chinese mainland cuts mortgage loan rates starting May 18 to make homeownership more affordable and boost the housing market.
China Launches $42B Facility to Boost Government-Subsidized Housing
The Chinese mainland’s central bank unveils a $42 billion relending facility to support government-subsidized housing, aiming to provide affordable homes through state-owned enterprises.
EU’s Balancing Act: Navigating Relations Between China and the U.S.
The EU is balancing its strategic partnership with China amidst U.S. pressures, striving to maintain economic ties while addressing competitive and ideological challenges.
Is the Chinese mainland’s Overcapacity a Cover for U.S. Agendas?
Debate heats up over China’s ‘overcapacity’, with questions about U.S. economic strategies and their impact on global trade dynamics.
China’s Premier Li Qiang Champions High-Tech Innovation to Fuel Economic Growth
Chinese Premier Li Qiang emphasizes the crucial role of high-tech innovation in sustaining robust economic growth, highlighting retail sales growth and proactive fiscal policies.
China and U.S. Emphasize Strengthening Economic and Trade Relations
China and the U.S. reaffirm the significance of their economic and trade ties, aiming to strengthen communication, expand cooperation, and address mutual concerns in their latest commerce meeting.