China’s latest credit figures have raised eyebrows, but they need not raise alarm. New bank lending, aggregate social financing and total credit growth all came in weaker than expected for October, marking their softest readings in more than a year. For markets conditioned to expect Beijing to counter every slowdown with a surge of liquidity, the numbers may suggest a worrying l...

Brazil’s central bank president, Gabriel Galipolo, said on Monday that China is exporting “disinflation or even deflation” to Brazil through a surge in low-cost imports, easing inflation. Speaking at an economics forum in São Paulo, Galipolo said Brazilian imports from China have grown while their prices have fallen, easing inflation in the short term but reflecting deeper imbal...

China’s most effective tool to revive consumption may be the simplest: a one-off distribution of 3,000 yuan (US$424) per person – funded by special sovereign bonds and valid for one year – could immediately lift demand, boost gross domestic product growth and help break the deflationary cycle that has taken hold since 2022. This proposal comes as China prepares to announce its 1...

Tesla does not exclude suppliers based on their country of origin as the US electric-vehicle (EV) maker applies unified and rigorous standards in selecting vendors from around the globe, according to a senior official. Grace Tao, vice-president of the US company, offered a vote of confidence to the more than 400 Chinese manufacturers that supply car components from batteries to ...

E-commerce giant Alibaba Group Holding expects to stay ahead of its Chinese Big Tech peers in artificial intelligence-related capital expenditure, as the firm’s AI and cloud computing unit posted its fourth consecutive quarter of double-digit revenue growth. Alibaba Cloud on Tuesday reported a 34 per cent year-on-year revenue growth to 39.8 billion yuan (US$5.6 billion) in the t...