Chinese lenders have faced rising bad loans tied to struggling real estate developers and cash-strapped local governments Read more at The Business Times.
Trump’s China summit with Xi Jinping just got a lot more complicated
President Donald Trump’s looming meeting with China’s Xi Jinping will face new tensions after U.S.-Israeli strikes on Iran that killed its China-friendly supreme leader.
China Boosts Defence Spending 7% in Drive to Modernise by 2035
HONG KONG/TAIPEI, March 5 (Reuters) – China will boost defence spending by 7% in 2026, it said on Thursday, the lowest rate in five years but still outpacing wider economic growth targets and the …
China vows to tackle property crunch with city-specific policies
Chinese officials pledged to stabilise the real estate sector at a crucial political meeting, but stopped short of announcing major policies some economists think are needed.
Investors watch China’s ‘two sessions’ for clues on property overhaul
Investors and policy watchers will be looking to this week’s meetings of China’s national legislature and top political advisory body – also known as the “two sessions” – for signals on whether …
China sets lowest economic growth target in decades ahead of Trump summit
China set its lowest economic growth target in decades on Thursday, announcing it would aim for 4.5-5% expansion in 2026 as the world’s second-largest economy grapples with weak domestic demand and an …
China Sets Economy’s Growth Target Below 5% for First Time in Decades
The goal, announced at a gathering of Communist Party leaders, was the lowest since 1991 and can offer clues about China’s policymaking plans.
China to inject $44 billion into state banks, deepen reform of state financial firms
BEIJING/HONG KONG, March 5 (Reuters) – China said on Thursday it would inject 300 billion yuan ($43.59 billion) into state-owned banks this year through a special treasury bond and deepen reforms of …
Philippines-China talks seek to thaw diplomatic freeze over West Philippine Sea
Officials from the Philippines and China convened in Beijing last week to thaw the diplomatic freeze that has weighed on bilateral ties amid ongoing tensions in the West Philippine Sea. The Department …
China sets lowest growth target since 1991 as economy struggles to keep momentum
China announced its lowest growth target in 35 years Thursday as the world’s second-biggest economy struggles with challenges at home and growing uncertainty around the world.