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Chinese stocks, yuan stage powerful rally amid upturn in economic expectations

Chinese assets staged a powerful rally on Monday, with the flagship Shanghai Composite Index regaining the 3,200 level last seen in mid-September and the yuan strengthening past the psychologically important level of 7 per US dollar.

Hong kongRene buehlmannChen mengjieDong ximiaoAsia pacificPeople bankMorgan stanleyZhixin investment research instituteMerchants union consumer finance coShanghai composite indexHang seng indexHang sengChang ranZhixin investment researchGlobal timesJiangxi province

China: Economy expected to see slow recovery | Hellenic Shipping News Worldwide

China: Economy expected to see slow recovery | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Lu tingZhu hongZhou maohuaLou feipengLloyd chanLuo zhihengPeople bankChina everbright bankPostal savings bankNational bureau of statisticsChina dailyNational bureauState councilOxford economicsYuekai securities

Economy expected to see slow recovery

Earnings of China s major industrial firms shrank in the first 10 months, putting pressure on policymakers to step up policy support for sectors hurt by COVID-19 outbreaks and weak factory-gate prices.

Lu tingZhu hongZhou maohuaLou feipengLloyd chanLuo zhihengPeople bankChina everbright bankGroup hansteel coPostal savings bankNational bureau of statisticsNorth chinaNational bureauState councilOxford economicsYuekai securities

Fine-tuned anti-virus measures expected to boost economic activity

More precise COVID-19 containment is expected to buffer the downward pressures on the Chinese economy by minimizing disruptions to economic activity while avoiding large-scale waves of infection, economists said on Monday.

Jacqueline rongSu jianLuo zhihengPeople bankUniversity school of economicsYuekai securitiesPeking university

China tells local officials to take stock of their idle, underused state assets to alleviate economic pains

Fresh guidelines are aimed at improving the financial conditions of local-level governments, and analysts say the directive highlights just how urgent it is to alleviate financial distress across China.

Local governmentsGovernment debtZero covidMinistry of financeState owned assetsYuekai securitiesFujian provinceChina economyChina bubbleChina fundsBudget revenue