Larry Hu News

25.09 / 02:57

markets Target Gap economy wellness trends country China needs more than rate cuts to boost economic growth

BEIJING — China's slowing economy needs more than interest rate cuts to boost growth, analysts said.

05.03 / 03:07

UPS Target Trade President War reports China raises budget deficit target to levels not seen since at least 2010 to shore up growth

BEIJING — China on Wednesday announced plans to raise its fiscal deficit to «around 4%» of gross domestic product, a rare increase that marks a meaningful shift in policy.

05.02 / 01:31

markets Manufacturing Google TikTok Trade War show Xi’s careful reply to Trump tariffs shows China has more to lose

US-China trade war made clear that Xi Jinping is taking a more cautious approach than during Donald Trump’s first term.

12.07 / 21:02

UPS Manufacturing economy Universities reports inequality China gears up for next week's Third Plenum meeting. Here's why real estate isn't likely the main focus

BEIJING — China's real estate problems may be massive, but analysts expect the upcoming Third Plenum to focus on other areas — such as high local government debt levels and a push for advanced manufacturing.

15.12 / 13:25

Target Digital Citizens economy Enterprise President NOT China’s growth outlook is not looking good

China’s economic recovery remained beleaguered by weak demand and a lingering property crisis last month, putting more pressure on Beijing to roll out supportive policies to juice growth.

21.11 / 05:23

Citi Volkswagen Apple economy country reports prevention Support China's property sector needs more government support as crisis deepens

BEIJING — China's property market, which makes up a substantial chunk of the country's economy, needs more government support to prevent it from deteriorating further, analysts said.

31.08 / 00:53

COST UPS Target JPMorgan China banks to cut interest rates in stimulus bid

interest rates on existing mortgages and deposits, the latest state-directed measures to shore up growth in the world's second-largest economy. The big state-owned lenders are working on reducing rates on the majority of the nation's 38.6 trillion yuan ($5.3 trillion) of outstanding mortgages, according to people familiar with the matter. The reductions will only affect loans on first homes, two of the people said. Lenders such as Industrial & Commercial Bank of China Ltd.

26.07 / 05:07

Citi Lowe's Extreme Remark Moodys performer Support China signals more support for real estate with a 'big change' in tone

BEIJING — China is changing its tone on the struggling real estate sector, paving the way for policy support.

06.06 / 16:38

Booking ETF Tesla BURST NVIDIA MSCI Micron Is China heading for Japan-like stagnation? Economist says the worst is likely behind us

BEIJING — China's economic recovery from the pandemic is set to broaden, meaning the country isn't headed toward Japan-style stagnation just yet, according to Macquarie's Chief China Economist Larry Hu.

16.03 / 11:25

IPO Cooper Progressive IPOs Support China says it will support Chinese IPOs abroad, calls for closure on tech crackdown

BEIJING — China signaled support for Chinese stocks on Wednesday, after days of worries about U.S. delisting risks sent the stocks plunging in New York and Hong Kong.

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