The Latest Breaking News from Li Qiang

June S&P 500 E-Mini futures (ESM24) are down -0.35%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.58% this morning as market participants looked ahead to a fresh batch of U.S. economic data and remarks from Fed officials.

Despite its property sector still showing weakness, China’s retail sales and factory output surpass estimates during January-February, making a solid start for the year and providing tentative relief to policymakers. Amid this backdrop, it could be wise to invest in top Chinese stocks Alibaba (BABA), Trip.com Group (TCOM), and Vipshop…

China’s “Two Sessions” congress that began this week is the country’s most important political event of the year. To understand what’s at stake, it helps to have some fluency in Chinese Communist Party (CCP) parlance. Terms such as “new productive forces” and “new three” appear vague, but they speak volumes…

Michael Spence and Edmund Phelps say growth hinges on pivot from foreign trade to domestic demand

Highlights from the recent government work report in China, covering economic measures, market performance, stock analysis, foreign investment, and an upco...

Shenzhen Component Index closed down 0.22%

At the opening of the National People's Congress in Beijing this Tuesday, Chinese Premier Li Qiang outlined the government's major objectives for the economy in 2024. In this edition of Business Daily, we take a look at what Beijing is seeking to achieve this year and at the challenges posed…

The country's premier announces a round of fiscal stimulus to boost employment, but warns its legions of bureaucrats to gird themselves for a period of fiscal austerity.

Shenzhen Component Index closed down 0.23%