According to World Bank data from 2020 cited by Forbes, the African nations with the highest external debt to China as a percentage of gross national income are Djibouti (43 per c …
Monthly Archives For August 2022
China forgives debt for 17 African nations
According to World Bank data from 2020 cited by Forbes, the African nations with the highest external debt to China as a percentage of gross national income are Djibouti (43 per c …
China Seeks to Stabilize Property Market With Loans, Lower Rates
Chinese banks lowered their benchmark lending rates while authorities stepped up support for the property market with additional loans, an attempt at bolstering waning business and consumer sentiment …
China’s central bank is very likely to ease monetary policy, says HSBC
James Cheo of HSBC Global Private Banking and Wealth says it’s clear that the growth momentum in China’s economy is slowing down in most sectors.
Gold Pressured by Fed Rate Uncertainty, China Woes hit Copper
Investing.com– Gold prices slipped further on Monday as uncertainty over the Federal Reserve’s path of monetary tightening persisted, while copper prices fell on more manufacturing troubles in major …
Trump accuses ‘crazy’ former transportation secretary Elaine Chao of trying to ‘get rich on China’
Former President Trump on Saturday called his former Transportation Secretary Elaine Chao “crazy” and accused her and her family of working to “get rich on China.” Trump’s attack came in a …
China central bank cuts lending rates to boost economy
China’s central bank on Monday cut benchmark loan rates in an attempt to boost an economy battered by the government’s strict zero-Covid policy and a slump in the property market.
China cuts lending benchmarks to revive faltering economy
China cut its benchmark lending rate and lowered the mortgage reference by a bigger margin on Monday, adding to last week’s easing measures, as Beijing boosts efforts to …
‘China disregarded…: Jaishankar slams Beijing amid border tension in Ladakh
External Affairs Minister S Jaishankar has slammed China for disregarding border pacts with India. Speaking at an event in Brazil, Jaishankar highlighted current border situation and said that …
Comedy ‘Table for Six’ debuts at Beijing International Film Festival ahead of national screening
Table for Six, the latest film from producer William Kong, held an advanced screening at the Beijing International Film Festival on Friday. The film is set to hit cinemas in the mainland on September …
China set to lower lending benchmarks Monday to revive wobbly economy
SHANGHAI -China is widely expected to lower its benchmark lending rates on Monday, a Reuters survey showed, with a vast majority of participants predicting a deeper cut to the mortgage reference …
China slashes lending rates again, one week after surprise cuts in key rates
The PBOC has cut its five-year loan prime rate to 4.30% from 4.45% and its one year- loan prime rate to 3.65% from 3.70%.
China’s United Imaging shares surge more than 70% in Shanghai STAR Market debut
United Imaging Healthcare Co’s shares soared more than 70 per cent in their Shanghai debut on Monday following the Chinese firm’s $1.6 billion initial public offering (IPO), the biggest on China’s …
