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China s escalating property curbs point to Xi s new priority

China s escalating property curbs point to Xi s new priority
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

In its latest crackdown, China intensifies focus on real estate

In its latest crackdown, China intensifies focus on real estate
aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.

Yuan nears 1-week low, eyes on China s Politburo, U S Fed

committee will wrap up two-day meeting on July 28, with traders looking for clues on the timing of tapering the monetary stimulus. set the midpoint rate at 6.4763 per dollar, 113 pips or 0.17% weaker than the previous fix of 6.4650. In the spot market, onshore yuan opened at 6.4800 per dollar and eased to a low of 6.4858, the weakest level since July 20. By midday, it was changing hands at 6.4841, 34 pips softer than the previous late session close. A trader at a Chinese bank said the overall sentiment in China’s financial markets were weakened by new cases of coronavirus rising to their highest since late January. Equity

China holds benchmark lending rate for 15th straight month | Hellenic Shipping News Worldwide

China holds benchmark lending rate for 15th straight month | 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.

Infrastructure, high-tech investment to propel China s growth in H2: economist--China Economic Net

Investments in high-tech sectors and infrastructure projects may help mitigate potential downward pressure on the Chinese economy in the second half (H2) of this year, an economist said.   The economy may encounter challenges in H2 as pent-up demand subsides and property tightening measures bite, but enough fiscal room for investment may help address the potential downward pressure, said Lu Ting, chief China economist with Nomura Securities.   The amount of debt issuance by the central and local governments in H1 was notably less than half of the quota for the whole year, indicating fiscal room for more infrastructure investment to counter a potential decline in growth pace, Lu said in a press briefing.

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