U.S. and China Rush in Opposite Directions to Save the Global Economy

(Bloomberg) — The firebreak between mounting economic threats and a continuation in the global recovery: an imposing concrete and glass structure in the heart of Beijing’s financial district, elephant statues guarding the door, the Chinese flag flying above.Most Read from BloombergPowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingA Nor’easter Approaching New York Risks Becoming a Bomb CycloneStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapAstronomers Spot Never-Before S
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Stripping China From Emerging Markets Is Wall Street’s New Craze

(Bloomberg Markets) — As Grantham, Mayo, Van Otterloo & Co.’s emerging-market team talked with one of their biggest clients in early 2021, a question arose: Would it be possible to take China out of an ­emerging-market stock portfolio?Most Read from BloombergPowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingA Nor’easter Approaching New York Risks Becoming a Bomb CycloneStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapAstronomers Spot Never-Before Seen Object at 4,000 Lig
— Read on ca.finance.yahoo.com/news/stripping-china-emerging-markets-wall-050115412.html

China Moves Toward Rate Cut Just as World Starts to Tighten

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergEU Warns Repeat Boosters Could Weaken Immune SystemEurope Slowly Starts to Consider Treating Covid Like the FluCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Worst-Performing Bank Lent Billions to China EvergrandeDjokovic Admits Doing Photo Shoot With Covid, Paperwork ErrorExpectations of an interest-rate cut in China are increasing after autho
— Read on ca.finance.yahoo.com/news/china-seen-cutting-rates-just-012129711.html

China Inflation Fuels Rate-Cut Calls as World Starts to Tighten

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergEU Warns Repeat Boosters Could Weaken Immune SystemEurope Slowly Starts to Consider Treating Covid Like the FluCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Worst-Performing Bank Lent Billions to China EvergrandeDjokovic Admits Doing Photo Shoot With Covid, Paperwork ErrorChina’s inflation pressures moderated in December, giving the central ba
— Read on ca.finance.yahoo.com/news/china-inflation-pressures-ease-adding-021539285.html

China to Dig Into Monetary Policy Toolbox to Stabilize Economy

(Bloomberg) — China’s central bank vowed to take its share of responsibility to stabilize the macroeconomy and pro-actively introduce monetary policies that are conducive to economic stability.Most Read from BloombergCoronavirus Can Persist for Months After Traversing BodyCDC Reduces Isolation Time; Apple Shuts NYC Stores: Virus UpdateFauci Says Domestic Travel Vaccination Rule Should Be ConsideredU.S. Futures Rise as Traders Mull Virus, China Vow: Markets WrapCDC Shortens Covid Isolation Time
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Chinese Banks Cut Borrowing Costs To Counter Economic Slowdown

(Bloomberg) — Chinese banks lowered borrowing costs for the first time in 20 months, foreshadowing more monetary support to an economy showing strain from a property slump, weak private consumption and sporadic virus outbreaks.Most Read from BloombergSouth Africa Hospitalization Rate Plunges in Omicron WaveBiden to Issue ‘Stark Warning’ on Vaccination Amid Covid SurgeStocks, Futures Sink on Virus, Manchin Shock: Markets WrapEurope Braces for More Covid Lockdowns as U.K. Cases SurgeEngland Has H
— Read on ca.finance.yahoo.com/news/chinese-banks-cut-borrowing-cost-020014433.html