The post China: Growth support constrained – TD Securities appeared on BitcoinEthereumNews.com.
TD Securities’ Senior Asia Economist Alex Loo argues that China’s fiscal stance is turning austere as local governments prioritize debt clean-up over growth. The report expects only limited fiscal support in H2 2026 unless GDP drops towards 4.0–4.2%, with policy likely focused on faster infrastructure execution, modest PBoC easing and continued Ministry of Finance conservatism. Stimulus hopes face fiscal constraints “We examine China’s fiscal balance and conclude that local officials are focusing on debt clean-up instead of boosting economic growth. Fiscal policy is unlikely to deliver major H2 support unless GDP growth in 2026 slips towards 4.0-4.2% (vs our forecast of 4.6%).” “Policy support is likely to come through faster infrastructure execution, not major new stimulus. A weak Q2 GDP print next week in the low-4% range will spark speculation of new stimulus from authorities.” “The likel
The shift in Bitcoin mining towards AI infrastructure could redefine industry dynamics, impacting revenue models and investor strategies.
The post Bitcoin miner bets against AI’s giant data centers in infrastructure strategy appeared first on Crypto Briefing.
The post HKMA, PBOC Back New Trading Platform to Bolster Hong Kong FIC Markets appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Jul 08, 2026 10:06
The PBOC, HKMA, and SFC are spearheading a new electronic fixed income and currency trading platform in Hong Kong to enhance market efficiency and RMB internationalisation.
The People’s Bank of China (PBOC), the Hong Kong Monetary Authority (HKMA), and the Securities and Futures Commission (SFC) have jointly announced plans to develop an electronic fixed income and currency trading platform (FIC Trading Platform) in Hong Kong. The initiative aims to strengthen financial cooperation between Hong Kong and Mainland China while reinforcing Hong Kong’s role as a global financial hub and offshore RMB centre. The platform, a collaboration between the China Foreign Exchange Trade System (CFETS) and Hong Kong Exchanges and Clearing Limited (HKEX), reflects efforts to modernise Hong Kong’s market infrastructure. By adhering to inter
Heightened U.S.-China maritime tensions could strain diplomatic relations, potentially affecting future high-level engagements and market dynamics.
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China conducted a submarine missile test with little notice, causing US concerns. Invasion of Taiwan by December 31, 2027 at 11.5% YES.
The post China’s submarine missile test with limited notice raises US concerns appeared first on Crypto Briefing.
China's nuclear warning underscores the delicate balance of power in Asia, potentially heightening regional tensions and strategic posturing.
The post China warns of annihilation for nuclear attack amid rising global tensions appeared first on Crypto Briefing.
China's targeted AI regulations could influence global standards, emphasizing ethical AI use and safeguarding against emotional manipulation risks.
The post China launches first regulations targeting anthropomorphic AI, setting global precedent for emotional tech governance appeared first on Crypto Briefing.
NATO's increased defense spending could drive inflation, impacting interest rates and potentially boosting crypto as an inflation hedge.
The post NATO increases defense spending benchmark to 5% of GDP, and crypto markets should pay attention appeared first on Crypto Briefing.
China's tourism strategy could boost GDP, enhance global influence, and drive economic development through increased international engagement.
The post China targets 190M tourists by 2030, aims for $150B in tourism revenue appeared first on Crypto Briefing.