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Risks loom over China's top tier banks from property downturn, higher costs - Stock market news

BEIJING (Reuters) - China's largest banks will see near-term revenue and margin pressures on a persisting property sector downturn, higher costs and a worsening global macro outlook, analysts said, clouding growth prospects for the world's second-largest economy. | 05:02am
Muralikumar Anantharaman Ziyi Tang Gavekal Dragonomics Judy Zhang Nicholas Zhu Christopher Beddor

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Analysis-Hiring spree by China's debt-laden local governments fuel fiscal fears - Stock market news

BEIJING/HONG KONG (Reuters) - Some of China's most indebted local governments are on a hiring spree, a move that analysts say could put fragile regional finances under more strain as officials seek to create jobs for a record number of graduates entering the workforce this year. | 09:13pm
Hong Kong Li Qiang John Geddie Ellen Zhang Shri Navaratnam Marius Zaharia

China's imports-exports volumes to stay on growth trajectory: Commerce Minister

RIYADH: China's import and export volumes are expected to "continue on a growth trajectory," Commerce Minister Wang Wentao told delegates at a China Development Forum in Beijing on Sunday. Wang told the conference that "foreign companies are not guests, but family" and also said China would step up efforts in government procurement, intellectual property rights, and serving
Ar Riya Saudi Arabia Kristalina Georgieva Wang Wentao China Development Forum National People Congress

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