China economy

Investment Banks Raise China’s Growth Outlook Following U.S.-China Trade Agreement

In the wake of the recent 90-day tariff reduction agreement between the United States and China, several major investment banks have revised their growth forecasts

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Digital Banking Boom Offsets China Risks: Standard Chartered Posts $1.42B Q1 2025 Profit

Hong Kong, May 2, 2025 – Standard Chartered announced Q1 2025 net profits of $1.42 billion, marking a 9% increase YoY, as digital banking growth helped counterbalance rising

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China Opts for Fiscal Stimulus Over Rate Cuts, Leaving Asia-Pacific Markets in Flux

The People’s Bank of China (PBOC) maintained its one-year and five-year loan prime rates (LPR) at record lows of 3.10% and 3.60%, respectively, reinforcing its

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 PBOC Keeps Loan Prime Rate (LPR) Unchanged in February 2025

The People’s Bank of China (PBOC) announced on February 20, 2025, that it would maintain the Loan Prime Rate (LPR) at current levels. The one-year

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Xi Jinping Reassures Private Entrepreneurs in Rare Meeting Amid Economic Concerns

In a significant move to address economic concerns and strengthen confidence in China’s private sector, President Xi Jinping met with top business leaders, including Alibaba’s

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