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...“It’s better than expected, at the same time overall the retail sales and the property numbers look relatively weak,” Larry Hu, chief China economist at Macquarie, said of first-quarter growth....
...“Overall, both production and consumption data from February suggest that both corporates and consumers stay cautious,” said Larry Hu, chief China economist at Macquarie Group....
...“The actual systemic impact of Zhongzhi’s bankruptcy would be limited since its crisis has been brewing for years, and its risk exposures are not cross-held by other financial institutions,” said Larry Hu...
...“In the UK you’d get this polarisation — half the people say if it’s not from Scotland it’s not whisky, and the other half say if it’s not Irish, it’s not whiskey.” There were also risks, he added....
...“You’d imagine a lot of these subsidiaries on the mainland have their own creditors and bank debt, so a lot of them could themselves be insolvent and not really able to deliver any value up the structure...
...“European businesses are becoming disillusioned as symbolic gestures take the place of tangible results needed to restore business confidence,” said D’Andrea....
...Larry Hu, chief China economist at Macquarie, suggested that a major driver of the FDI decline was higher interest rates in the US....
...“China is struggling to strike a balance on its property policy over the past two years — they have been caught between providing too much stimulus or not enough,” said Larry Hu, chief China economist at...
...“The worst case that could happen to China banks is not [a narrowing in] the interest margin,” said Larry Hu, chief China economist at Macquarie....
...Riester said the company’s local R&D department — made up of Chinese staff — had gained an edge over the German headquarters in the field of electric vehicles, where China is now the world’s leading producer...
...Here to explain is the FT’s Shanghai correspondent Tom Hale. Hey, Tom. Thomas Hale Hi there. Marc FilippinoAll right, Tom, So what’s the latest on Evergrande?...
...A new board was appointed, which includes former Salesforce chief Bret Taylor and ex-US Treasury Secretary Larry Summers. Only D’Angelo, Quora’s chief executive, remained from the old board....
...According to Larry Summers, there is now a 15 to 25 per cent chance that the next Fed move will be to raise rates rather than cut them....
...The FT’s Shanghai correspondent Tom Hale explains why. Thomas Hale First of all, under the pandemic, a lot of consumption shifted towards goods....
...“Ideally they’d want to cut rates without renminbi depreciation, but given how strong the dollar is and how high US interest rates are, you can’t do that,” said Hui Shan, chief China economist at Goldman...
...Former US Treasury secretary Larry Summers was appointed to the board late last year. A member of the previous board, Quora chief executive Adam D’Angelo, also remains in place....
...He’d gone from 0 to 100bn in assets, and he’s not obviously dying to have somebody else be his boss. And also his firm is very focused. I mean, it’s a small firm....
...A reference this month by Yi Gang, governor of the People’s Bank of China, to “strengthening countercyclical adjustment” indicates a move towards easing, according to Larry Hu, chief China economist at Macquarie...
...“Let’s just say it’s good to have [BlackRock CEO] Larry Fink on your side. This is the great thing about bitcoin — all our incentives align.”...
...With 19 galleries in seven countries, bricks and mortar are hardly an issue for Larry Gagosian....
...“If you’re a Chinese investor, you’d want to see foreigners investing. It would give you more comfort.”...
...D’Angelo remains as part of a three-person transitional board alongside former US Treasury secretary Larry Summers and former Salesforce chief executive Bret Taylor, its chair....
...Rufus and I were wild teenagers, and this was the after-hours diner we’d come to for beer and latkes at 3am....
...It feels like something I’d really wanna live with, if I could. The place that means a lot to me is Paris....
...Thomas Hale is the FT’s Shanghai correspondent Find out about our latest stories first — follow @ftweekend on Twitter...
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