Latest in China Borrows
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How to say 'no' when family and friends ask to borrow money, from a financial therapist
Here's one way to set financial boundaries with friends or family members and how to manage guilt when you need to say no, according to a financial therapist.Business - CNBC - 4 days ago -
I’m 69 and have $10,000 in legal bills from my divorce. Is now the time to borrow from my IRA?
“I never dreamed I’d be in this position.”Business - MarketWatch - 2 days ago -
What will a second Trump term mean for student-loan borrowers? Project 2025 and the Betsy DeVos era offer clues
The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’sBusiness - MarketWatch - 2 days ago -
30% of federal student loan borrowers have gone without food or medicine, CFPB finds
Thirty percent of student loan borrowers say they've gone without food or medicine due to their monthly bills, the Consumer Financial Protection Bureau finds.Business - CNBC - Yesterday -
China is turning Japanese
At least that’s what the bond market is whisperingWorld - Financial Times - October 17 -
Mixed news on China’s stimulus
And regional banks as a Trump tradeWorld - Financial Times - 4 days ago -
To China, Trump is ‘poison’
To the dismay of Chinese leaders who already had to deal with Trump for four years, they have not gotten the preferred outcome and are not looking forward to another term.Politics - The Hill - Yesterday -
China delimits contested South China Sea shoal in dispute with Philippines
China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that’s likely to increase tensions over overlapping territorial claimsWorld - ABC News - 4 days ago -
‘My father was a teetotaling, fair-minded, liberal-leaning capitalist’: And yet I allowed ‘friends’ to borrow $120K. How do I deal with the fallout?
“Of the original 10 I had earmarked for removal from my life, I’m still in contact with two.”Business - MarketWatch - 6 days ago -
China’s investors are counting on fiscal stimulus
Recent market rally will peter out without decisive policy action to boost the economyWorld - Financial Times - October 16 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
China asks: what is an e-bike?
State bureaucracy makes the question more difficult than it may seemWorld - Financial Times - October 22 -
Xi tightens stranglehold on China’s academia
Scholars fired or disappeared as Beijing clamps down on discussion of sensitive topics including economyWorld - Financial Times - October 23 -
Why It’s Getting Harder to Fly to China
European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.Business - The New York Times - October 25 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
China fright ups the stakes for AstraZeneca
Pharma group needs some good news to ease investors’ nervesWorld - Financial Times - November 7 -
The ideology behind Xi Jinping’s China
How Marxist-Leninist theory still shapes policy in BeijingWorld - Financial Times - Yesterday -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
To top China in biotech, support US seedbeds of innovation
Congress's ambition to break our dependence on this China-derived supply chain must be paired with an equal zeal for investing in domestic capabilities.Politics - The Hill - October 16 -
China Employs Hackers and Celebrities to Undermine Taiwan
Taiwan has accused Beijing of a wide-ranging campaign to weaken the island’s resolve.World - The Wall Street Journal - October 17 -
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McKinsey Cuts Hundreds From China Workforce
The consulting firm is cutting back on state-linked clients and is working to separate its China operationsBusiness - The Wall Street Journal - October 17 -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
China to boost lending for stalled property projects to $560bn
Beijing is trying to restore confidence in economy amid prolonged real estate slowdownBusiness - Financial Times - October 17 -
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China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
China’s economy grows 4.6% in third quarter
Lowest figure in year and a half comes as Beijing steps up stimulus effortsBusiness - Financial Times - October 18 -
The Week: The Budget, a trip to China, and the US election
And Your Guide to the US ElectionTop stories - BBC News - October 17