Chinese debt

Woman walks past the headquarters of the PBOC in Beijing
China Underground >

China’s state planner drops call for monetary easing from statement

BEIJING (Reuters) – A research office at China’s top economic planner on Wednesday called for the central bank to cut interest rates and bank reserve requirements, but later removed the remarks in an updated statement posted on its website.

Read more

China bets on duty-free paradise to keep luxury spenders at home
China Underground >

China investment slows to 15-year low, more stimulus seen despite debt fears

BEIJING (Reuters) – Growth in China’s fixed-asset investment slipped below 10 percent for the first time since 2000 in January-May as a boost from record credit growth seemed to be quickly fading, putting expectations of further stimulus back on the table.

Read more