China was lender of last resort for overseas governments seeking finance for coal projects …
Monthly Archives For September 2021
Bitcoin and Ethereum Looking Strong as Institutional Crypto Activity Hits Critical Mass: Mike Novogratz
Billionaire and Galaxy Digital CEO Mike Novogratz says that corporate interest in Bitcoin (BTC) and Ethereum (ETH) has never been higher.
Ant Group microcredit service Huabei feeds vast consumer data to China’s central bank
Consumer credit data gathered by Huabei are now included in the financial credit information database run by the People’s Bank of China.
As Evergrande Fails, China’s Housing Market Could Go Flat—What This Means for Beijing
“If the government can prevent a bubble that collapses, then that just leaves people in a good position,” David Dollar, an expert on the Chinese economy, said.
China Says It Will Stop Financing Coal Power Abroad
China will stop building coal-fired power projects in other countries, President Xi Jinping said yesterday in an announcement that’s expected to accelerate the global shift away from fossil fuels. The …
The casualties of China’s education crackdown
Once the darlings of Wall Street and venture capital as recently as the beginning of this year, China’s edtech firms are now wondering if they will be able to remain solvent long enough to see…
Daily on Energy: Questions surround China’s commitment to scrap building coal plants overseas
Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what’s going on in Washington. SUBSCRIBE NOW: Just $1.00 …
Iron ore could drop to $US70 a tonne, Bank of America
Prices for the steel-making material could further collapse as the rebound in global growth moderates and China intensifies its effort to curb emissions.
China Injects $18.6 Billion Into Banking System During Evergrande Crisis
China’s central bank boosted its gross injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global markets. Most Read from …
Duterte says he ordered use of gov’t planes for China supplies; not for Pharmally, Galvez clarifies
Yung Customs at saka ‘yung insurance at saka ‘yung flight sa kanila po ‘yun… kinukuha po ‘yung ating mga PPEs doon sa China at dinadala po dito sa ating mga different ports sa Manila Port,…
China’s Harbin adds 6 medium-risk COVID-19 areas
Harbin, capital of northeast China’s Heilongjiang Province, has added six medium-risk COVID-19 areas, to take effect from midnight, according to the city’s COVID-19 prevention and control headquarters …
CBC Sports’ ‘That Curling Show’ returns as fight to reach Beijing Olympics heats up
It’s only September but Canadian curling teams are already fighting for their Olympic lives. Starting Wednesday in Ottawa, the first two pressure-packed bonspiels get underway. CBC Sports is going to …
Biden’s veiled message for Beijing
CNBC’s Kayla Tausche reports on President Biden’s remarks at the United Nations today. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered …