"There has been increasing confusion over Beijing's policy stance on the economy," wrote Nomura economists in a Monday note seen by Business Insider. ( read original story ...)
Shanghai failed to achieve 5.5% economic growth target for 2023 amid ‘complex and severe’ external environment, mayor says
Shanghai, mainland China's economic locomotive, failed to achieve its growth target for 2023 amid slumbering exports, which stayed flat even after the country's reopening after the Covid-19 pandemic. ( read original story ...)
Chinese stock indexes rally on Tuesday as State Council meeting pledges strong measures to support capital market
Analysts are generally positive about the prospect of China's stock market, which has become one of the most attractive markets globally in terms of valuation of shares. The Shanghai Component Index closed up 0.59 percent to 2,770.98 on Tuesday ... ( read original story ...)
Asian Shares Advance As China Rout Pauses On Stimulus Hopes
Asian stocks advanced on Tuesday, with continued gains on Wall Street and China stimulus hopes helping underpin investor sentiment. ( read original story ...)
Shanghai’s Pudong New Area Gets More Liberty to Further Reform and Opening-Up
(Yicai) Jan. 23 -- As a leader in China’s reform and opening-up, Shanghai’s Pudong New Area will be given greater autonomy to support its high-level reform and opening-up, according to a plan of the ... ( read original story ...)
China’s desperate measures to save Hang Seng, Shanghai index near
The Hang Seng and Shanghai Composite bounced back on Tuesday as the recent sell-off eased. In Hong Kong, the Hang Seng index surged by almost 3% while in Mainland China, the Shanghai Composite and ... ( read original story ...)
Shanghai GDP expands 5% in 2023; foreign capital usage hits record high
Bustling scenes on the Bund area in Shanghai on January 16. Photo: VCG. Shanghai’s GDP has expanded by 5 percent year-on-year in 2023 and saw the actual use of foreign capital h ... ( read original story ...)