China’s new bank lending rose to 1.36 trillion yuan ($190.18 billion) in May, central bank data showed on Tuesday, up from April but missed analysts’ expectations. Economists polled by Reuters had …
Monthly Archives For June 2023
China central bank seen cutting medium-term policy rate: Reuters poll
China’s central bank is widely expected to cut the borrowing cost of medium-term policy loans for the first time in 10 months on Thursday, after it lowered two key short-term policy rates, a Reuters …
China to ‘further open up’ finance sector
China is reportedly set to ‘open up’ its financial sector further. Li Yunze, the newly appointed director of China’s National Administration of Financial Regulation (NFRA), has …
Digital inclusive finance: Promoting household risk mitigation in China
Digital inclusive finance has emerged as a significant innovation in recent years in China. Access to finance has the potential to offer numerous advantages for households and individuals, including …
China issues third set of oil import quotas for 2023, up 20% on last year
China has issued a third batch of 2023 crude oil import quotas, raising the total volume in the first half of this year to 194.1 million tonnes, up 20% from the same period last year.
Wuhan lab scientists researching coronavirus were the first to contract COVID-19: report
Patients zero” included Ben Hu, Ping Yu and Yan Zhu — scientists who conducted research on SARS-like viruses at the institute, according to an investigation by Public.
Wuhan lab scientists were the first to contract COVID-19: report
Patients zero” included Ben Hu, Ping Yu and Yan Zhu — scientists who conducted research on SARS-like viruses at the institute, according to an investigation by Public.
‘Make friends with more countries’: Chinese scholar says Beijing should reconsider ties with Russia
Moscow is taking advantage of and ‘pursuing unilateral use of China’, says US affairs expert during forum hosted by Renmin University China does not recognise annexation of Ukrainian territories, but war and Western-led sanctions have…
A Swede in Beijing giving the greatest gift of all
Being interviewed by the Red Cross on June 3 for earning a gold medal for donating blood platelets 41 times in Beijing has given me a great sense of pride. Hopefully, my story can help…
China’s real estate slump predicted to last for years, threatening to spill into the wider region
JPMorgan’s Tai Hui told CNBC, “I think that recovery is going to be slow, but I think there also a huge divergence between the state-owned developers versus the more private sector developers.” Morgan …
As China Makes Inroads, U.S. Efforts To Woo The Caribbean With Clean Energy Fall Flat
Analysts from island nations struggling with expensive fossil fuels and extreme weather say the latest effort to counter China’s modest influence in the region does “not impress.” …
China’s Property Tycoons Remain in Charge Even as Empires Fall
Two years after a crisis erupted at China’s property developers, leaving bills unpaid, homes unbuilt and creditors trying to recover the scraps from defaulted firms, a burning question remains: why …
Treasury Secretary Janet Yellen says IMF, World Bank help counter China
Treasury Secretary Janet Yellen told Congress on Tuesday that institutions like the IMF and World Bank were important for serving as counterweights to China.
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