bank lending

BEIJING | Chinese leaders struggle to dispel stock market gloom

BEIJING— Lu Yushan, a retired salesman, has advice for investors in China’s slumping stock market: Sell. Lu’s shares soared over the past decade. But the 65-year-old cashed out this year, driven away by plunging prices, insider trading scandals, a cooling economy and a tariff war with Washington. “Investors should get out,” said Lu, watching flickering … Continue reading BEIJING | Chinese leaders struggle to dispel stock market gloom

BEIJING | Chinese auto sales fall for second month in August

BEIJING— Chinese auto sales fell for a second month in August, an industry group reported Tuesday, adding to signs of economic malaise amid a worsening tariff battle with Washington. Sales of SUVs, sedans and minivans in the biggest global auto market contracted by 4.6 percent from a year earlier to 1.8 million units, according to … Continue reading BEIJING | Chinese auto sales fall for second month in August

BEIJING | China regulators free up extra $100B for bank lending

BEIJING  — Chinese regulators have freed up an extra $100 billion for bank lending in a move financial analysts said could help to reassure investors amid trade tensions with Washington. The reduction on Sunday in reserves banks are required to hold was part of a series of such cuts economists had forecast before the dispute … Continue reading BEIJING | China regulators free up extra $100B for bank lending