China is aiming to boost the economy by tax cuts and infrastructure spending in the billions of dollars range. Reuters, citing Chinese Premier Li Keqiang, reported the Chinese government is aiming for economic growth of between 6 percent and 6.5 percent this year, which is below...
Though the Chinese economy is slowing, and stock markets may be viewed by at least some observers as lofty, reports surfaced Sunday (Feb. 24) and Monday (Feb. 25) that China’s largest insurer (as measured by market cap) aims to take its OneConnect financial management unit...
Days before a summit with Chinese President Xi Jinping, President Donald Trump warned that he might slap a 10 percent tariff on iPhones and laptops imported from China. “Maybe. Maybe. Depends on what the rate is,” Trump said in an interview with The Wall Street...
Small businesses (SMBs) in China are struggling to access bank loans with large, state-owned corporations, according to recent analysis from French trade credit insurer Coface, reported CNBC. That, combined with ballooning debt and ongoing trade disputes with the U.S., has small businesses “scrambling to access financial...
September 13, 2017
We all know the lure of China’s consumers for retailers and merchants of all stripes and sizes operating across the globe. Gathering wallet share of hundreds of millions of young, urban and newly flush Chinese consumers as they search online for goods and services is increasingly attractive for merchants and marketplaces alike. But what about […]
September 06, 2017
With almost everyone who is anyone in payments declaring war on cash these days, one might reasonably expect the paper currency’s days as a dominant or even important payment vehicle...
December 21, 2023
Chinese consumers are reportedly feeling the effects of the country’s economic downturn. This downturn, characterized by declining exports, a slowdown in manufacturing and a property slump, is impacting even members of the middle to upper class, who are known as a consumer powerhouse and targeted by global brands, Bloomberg reported Tuesday (Dec. 19). The media outlet […]
March 05, 2019
China is aiming to boost the economy by tax cuts and infrastructure spending in the billions of dollars range. Reuters, citing Chinese Premier Li Keqiang, reported the Chinese government is aiming...
February 25, 2019
Though the Chinese economy is slowing, and stock markets may be viewed by at least some observers as lofty, reports surfaced Sunday (Feb. 24) and Monday (Feb. 25) that China’s...
November 27, 2018
Days before a summit with Chinese President Xi Jinping, President Donald Trump warned that he might slap a 10 percent tariff on iPhones and laptops imported from China. “Maybe. Maybe....
