china
Asia stocks subdued as China trade disappoints
By Reuters: Asian shares turned mixed on Tuesday as disappointing Chinese trade data clouded an otherwise bright outlook for global growth, leaving currencies and commodities becalmed in summer doldrums.
Dollar weakness, China cheer lift Asia stocks, commodities
19 Jul 2017 09:37 AM |By Reuters : The dollar huddled near multi-month lows on Wednesday as investors wagered any further tightening in the United States would be slow at best, while optimism on China's economy underpinned Asian shares and commodities.
Daily Wrap Up – 17 July
17 Jul 2017 07:10 PM |Asian stocks rose today to their highest level in two years, supported by the unexpected growth of the Chinese economy. Chinese stocks managed to erase their sharp losses at the start of trading after data showed the growth of the second largest economy in the world slightly stronger than expected at 6.9% This is due to strong industrial production, which recorded the highest rise since April 2016, as well as retail sales and exports.
Daily Wrap up – 24 May
24 May 2017 07:22 PM |Moody's agency surprised the markets this morning after downgraded China rating to A1 from Aa3 and changing its outlook from negative to stable. Debt levels in the Chinese economy were expected to rise further in the coming years, and reforms are likely to slow growth, the agency said. The debt burden is estimated to rise toward 40% of GDP by 2018.
China rejects ‘inappropriate’ credit downgrade, says it ‘exaggerates difficulties’
24 May 2017 02:16 PM |By CNBC : China has rejected a move by Moody's to lower its credit rating, saying the downgrade exaggerates the difficulties facing the economy and underestimates the government's reform agenda.
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