Friday, January 22, 2021
Tags Macroeconomy

Tag: Macroeconomy

Industrial Profits Return to Robust Growth

Chinese industrial profits saw robust growth for the first four months of 2017, with enterprise productivity indices also posting improvements. The latest data released by China's...

Have China’s Reforms Hit a Wall Because of Xi Jinping’s Conservatism?

A leading stateside expert on the Chinese economy says that the country's much-vaunted reform efforts have run out of steam because of renewed conservatism...

China Disputes Moody’s Downgrading of Sovereign Credit Rating

China's Ministry of Finance has has disputed the recent downgrade of its sovereign credit rating by Moody's, claiming that the agency made its decision based on "inappropriate...

CICC Foresees Near-term Economic Weakness Due to Regulatory Tightening

One of China's leading investment banks expects macroeconomic data to weaken in the medium-term, following the release of official data indicating faltering performance. China International...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.