Postal Savings Bank reported the highest profit increase of 18.7 per cent But as Covid-19 spreads through China and economic growth slows this year, bad loans at state-controlled banks could rise …
Monthly Archives For March 2022
US-China tech war: Washington said to eye chip alliance with Japan, South Korea, Taiwan to squeeze China
The US government proposed setting up a semiconductor industry alliance with its Asian allies, including South Korea, Japan and Taiwan, to keep mainland China’s fledgling semiconductor industry at bay …
China’s Mega Banks Face New Obstacles After Comeback Year
China’s mega lenders, led by Industrial & Commercial Bank of China Ltd., delivered double-digit profit gains last year as business bounced back, but now face mounting challenges from the debt-plagued …
China to strengthen workplace safety, leverage gov’t bonds to expand effective investment
China will step up its efforts to comprehensively strengthen workplace safety and resolutely prevent major accidents, a State Council executive meeting chaired by Premier Li Keqiang said on Tuesday.
FirstFT: Beijing moves to strengthen Moscow ties
Russian and Chinese foreign ministers meet, Kishida aide says Japan must hit inflation target, US regulators target Spac reforms …
No ceiling for China-Russia cooperation: Beijing as Russian FM arrives for talks amid Ukraine war
Russian Foreign Minister Sergey Lavrov’s visit to China gains significance as Beijing, a close ally of Moscow, has backed Russia’s war on Ukraine even though it walked a fine-line calling for peaceful …
China deploys strictest COVID-19 curbs in Shanghai since pandemic beginning
Amid the rapidly increasing COVID-19 cases the Chinese authorities have imposed the strictest lockdown measures in the city of 26 million since the beginning o …
Beijing sides with Moscow ahead of EU-China summit
China has redoubled political support for Russia’s war in Ukraine despite horror stories, auguring badly for EU bid to break their new axis.
Ukraine war: Russia, China look to develop closer ties in face of ‘illegal’ Western sanctions
Foreign Ministers Lavrov and Wang pledged to continue developing ties as they face greater pushback and opposition from the West.
Tariffs have not forced China to change its ways, US trade chief says
Rather than pressuring China to change its “unfair” trade practices, US Trade Representative (USTR) Katherine Tai said Wednesday the economy would better served by policies to encourage domestic …
Big Four cut ties to China’s debt-ridden property giants as developers delay results
The Big Four auditors have begun cutting their links to China’s heavily indebted property developers, amid mounting concerns over the sector’s debt …
ESG Finds Growing Place at the China Investment Table
Chinese institutional investors are increasingly considering environmental, social and governance factors when choosing where to place their money By Nathan Xiao Corporate …
China, Pakistan hold talk with Taliban representatives in Beijing
The Foreign Ministers of China and Pakistan held a trilateral meeting with the acting Minister for Foreign Affairs of the Taliban regime Amir Khan Muttaqi in Be …
