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Foster Wong

Foster Wong

Journalist at Bloomberg

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Email address
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Influence score
64
Phone
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Location
United States
Languages
  • English
Covering topics
  • Technology

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Recent Articles

bloomberg.com

China Has ‘a Lot of Room’ to Raise Fiscal Deficit, Xinhua Says

Chinese state media said the country has room to increase its borrowing and fiscal deficit in 2025 as investors closely watch to see whether Beijing would use its fiscal firepower to top off stimulus in its key economic meeting next week.
bloomberg.com

China Ends Export Tax Rebate for Aluminum, Copper From December

China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery products as overcapacity concerns have grown among global trading partners.
bloomberg.com

HK Brokers Brace for First Typhoon Trading Day as Storm Nears

For the first time on Thursday, Hong Kong’s stock exchange will keep its markets open through severe weather.
bloomberg.com

PBOC Head Vows to Boost China Countercyclical Monetary Measures

China’s central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical adjustments to support the country’s economic growth.
bloomberg.com

China Files WTO Complaint Over the EU’s Electric Car Tariffs

China has lodged a complaint with the World Trade Organization over the European Union’s final tariffs on Chinese electric vehicle imports, escalating a dispute that’s straining an already fraught relationship.
bloomberg.com

China’s Li Urges Japan PM to Keep Ties Steady Amid Tensions

Chinese Premier Li Qiang urged Japanese Prime Minister Shigeru Ishiba to keep bilateral relations “sound, steady” amid tensions, and for their countries to maintain the stability of global supply chains and free trade.
bloomberg.com

China Sets Terms for Merger to Create $226 Billion Brokerage

Guotai Junan Securities Co. and Haitong Securities Co. unveiled the terms of their proposed merger to create a state-backed brokerage with $226 billion in assets to compete with Wall Street firms expanding in the country.
bloomberg.com

China Seeks to Strengthen Listed Companies to Attract More Funds

China’s securities regulator called for the quick development of equity and insurance funds, and to strengthen the quality of listed companies to attract more funding into the capital market.
bloomberg.com

China Seeks to Resolve Structural Issues to Shore Up Employment

China’s cabinet has called for strengthening the country’s job market by resolving structural issues and promoting wage growth in an effort to boost employment as an economic slowdown deepens.
bloomberg.com

China Youth Jobless Rate Rises to This Year’s High Amid Slowdown

China’s youth unemployment rate rose for the second straight month to its highest level this year as the labor market faces a challenging outlook due to a weakening economy.
bloomberg.com

Xi Urges Efforts to Hit Annual Growth Target Amid Rising Doubt

Chinese President Xi Jinping called on government officials at all levels to achieve the country’s annual growth target of around 5%, but couched it in less forceful terms than usual.