China’s economy had a tough 2018. Next year will be worse

China’s economy is entering uncharted territory, and that could spell trouble for the rest of the world.After decades of sharp expansion, the Chinese economy is slowing down. Growth in 2018 is set to be the weakest since 1990. And 2019 looks even worse.The world’s second largest economy is feeling the effects …

China cuts some banks’ reserve requirements to spur growth

China’s central bank said on Sunday it would cut the amount of cash that most banks must hold as reserves to lower financing costs and spur growth, amid concerns over a potential economic drag from an escalating trade dispute with the United States. The reserve requirement cut, the fourth by …

Why You Should Go Long China Right Now

2018 hasn’t been a vintage year for domestic Chinese equities (A-shares). The CSI 300 is down 20% year-to-date and the largest US-listed Chinese equity ETFs have seen broad outflows. Nevertheless, I believe we’re close to a bottom in the rout, and a long-term growth driver is almost upon us. It’s …

China Plans Broad Import Tax Cut as Soon as October

China is planning to cut the average tariff rates on imports from the majority of its trading partners as soon as next month, two people familiar with the matter said, in a move that will lower costs for consumers as a trade war with the U.S. deepens. Premier Li Keqiang …

China’s July exports rise more than expected despite US tariffs

China’s exports growth unexpectedly accelerated in July despite fresh U.S. tariffs, though a still-wide trade surplus with the United States looks set to keep Beijing and Washington locked in a bitter dispute that has rattled financial markets. Imports also rose much faster in July driven by still solid domestic demand, …

Chinese stocks make symbolic debut on widely followed index

Close to 230 China A shares debuted on index provider MSCI’s emerging markets benchmark on Friday, a move investors expect will attract billions of dollars in inflows to the mainland market. The partial inclusion of the A shares — yuan-denominated stocks traded on the mainland — to MSCI’s Emerging Markets …

Investors’ Unconditional Love for Emerging Markets Is Fading

Investors are punishing markets where policy makers haven’t done enough to stem deteriorating current-account balances, ballooning inflation and a run on their currencies. They became unforgiving as rising Treasury yields and a stronger dollar put the case for riskier investments in the balance. Money is no longer cheap or plentiful, …

Tencent Holdings’ (TCEHY) CEO Pony Ma on Q1 2018 Results – Earnings Call Transcript

Tencent Holdings Ltd. (OTCPK:TCEHY) Q1 2018 Earnings Conference Call May 16, 2018 8:00 AM ET Executives Jane Yip – Investor Relations Pony Ma – Chairman and Chief Executive Officer Martin Lau – President James Mitchell – Chief Strategy Officer John Lo – Chief Financial Officer Analysts Grace Chen – Morgan …

Tesla has registered a new electric car firm in Shanghai as China prepares to scrap rules on capping foreign ownership

Tesla Inc (TSLA.O) has registered a new electric car firm in Shanghai, as China prepares to scrap rules on capping foreign ownership of new-energy vehicle (NEV) ventures. The new company, Tesla (Shanghai) Co Ltd, was registered on May 10, according to a filing with the National Enterprise Credit Information Publicity …

China Will Issue Blockchain ‘Standards’ In 2019, Says Gov’t Official

China will seek to release nationwide blockchain standards by the end of 2019, a government official told local news media May 10. Speaking to Xinxua’s Economic Information Daily (EID), Li Ming, who is director of the Blockchain Research Office at the standards institute under the auspices of China’s IT Ministry, …