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World Bank Lifts China’s 2025 Growth Forecast to 4.8%, Flags Slower 2026 amid Trade Pressures

In a fresh sign of cautious optimism, the World Bank announced that it has raised its 2025 GDP growth forecast for China to 4.8%, up from the earlier 4.0% projection, while warning that growth may slow to 4.2% in 2026 due to weakening external conditions and policy constraints. The upgrade comes amid a mixed backdrop: […]

Asian Markets

Asian Markets Mostly Higher as China Stimulus Offsets Fed Rate Concerns; Nikkei Leads Gains

Despite global risks, Asian markets rally as the Nikkei reaches a 34-year high: Asian markets opened cautiously higher on Monday, with Japan’s Nikkei 225 climbing 1.2% to 38,500 a fresh 34-year high boosted by a weaker yen and strong earnings from tech giants like SoftBank. China’s Shanghai Composite edged up 0.6% after Beijing announced a […]

Asia Stocks Rally on China Stimulus Hopes: Nikkei Hits Record High, Hang Seng Up 3%

Asian equity markets roared higher on Tuesday, fueled by speculation that China’s State Council is finalizing a $220 billion stimulus package targeting its beleaguered property sector. The Nikkei 225 soared 2.8% to a historic close of 42,500, while Hong Kong’s Hang Seng Index surged 3.1%, led by rebounds in tech and property stocks. Stimulus Details (Unconfirmed Reports): Property Sector […]

Asia-Pacific Markets Mixed as China Holds Rates; U.S. Tariff Fears Loom

Asia-Pacific markets exhibited a mixed performance on Monday as investors digested China’s decision to maintain its benchmark lending rates unchanged, coupled with growing concerns over escalating U.S.-China trade tensions. The People’s Bank of China (PBOC) held the one-year loan prime rate (LPR) steady at 3.10% and the five-year LPR at 3.60%, signaling a cautious approach […]

China Maintains Loan Prime Rate (LPR) in February 2025 Amid Economic Recovery Efforts

China’s central bank, the People’s Bank of China (PBOC), announced on February 20, 2025, that it would keep the Loan Prime Rate (LPR) unchanged. The one-year LPR remains at 3.45%, while the five-year LPR, which impacts mortgage rates, stays at 4.20%. This decision highlights Beijing’s cautious approach to monetary policy as the economy shows signs […]

Xi Jinping Meets Top Entrepreneurs, Including Jack Ma, in Rare Move to Boost Private Sector Confidence

Chinese President Xi Jinping recently convened a high-profile symposium in Beijing with leading private-sector entrepreneurs, signaling a strategic shift towards bolstering private enterprises amid economic challenges and intensified technological competition with the United States. The meeting, held at the Great Hall of the People, featured prominent figures such as Alibaba co-founder Jack Ma, Xiaomi founder […]