China unveiled a plan on Monday (Sept 7) to bolster funding for rural revitalisation, aiming by 2030 to establish a more sustainable and efficient investment system combining fiscal support, credit, …
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Beijing festival showcases diverse voices from world theater
From September to November, 14 productions from across China, including Hong Kong, Macao and Taiwan, as well as South Korea, Singapore, France and Brazil, will be staged at 10 Beijing theaters. The …
China pulls in big tobacco to help with smaller-than-expected finance-industry capital injections
With a bigger capital cushion, financial institutions may also be asked to do more to mobilize resources in capital markets, analysts say.
China enlists Big Tobacco to boost finance-industry capital injections
China taps its state cigarette monopoly to inject CNY 60 billion into ICBC and ABC as part of a $38.7 billion capital raise for state-owned …
China’s crude oil imports stayed weak in August. Can this continue?
China’s seaborne imports of crude oil ticked up in August from July but remained nearly 40% below levels before the start of the Iran conflict.
Top Tech News Today: AMEC Chips, Claret Capital Funding, Graduate Hiring, Crypto Hack & AI Applications
Good morning!Here’s your quick roundup of today’s biggest developments across semiconductor manufacturing, venture capital, graduate hiring, cryptocurrency secu …
China’s export growth seen accelerating in August: Reuters poll
BEIJING, Sept 7 (Reuters) – China’s exports likely grew at a faster pace in August, a Reuters poll showed, indicating that the world’s second-largest economy will continue to rely on external demand …
Philippines’ Teodoro says China could exploit cuts in US-South Korean exercises
(Fixes typo in headline) By Kyu-seok Shim SEOUL, Sept 7 (Reuters) – China could see recent cuts to U.S.-South Korean military exercises as an opportunity to reassert itself in the Indo-Pacific, Philippine Defense Secretary Gilberto…
China Injects $45 Billion in Banks, Insurers to Boost Growth
Agricultural Bank of China Ltd. plans to raise up to 160 billion yuan ($23.8 billion), while Industrial & Commercial Bank of China Ltd. is targeting 100 billion yuan in separate A-share private placements,
China Property Moves to Fuel 30% Hit to Land Sales, Goldman Says
China’s recent overhaul of the way homes are sold will exacerbate already stretched local government finances, fueling a 30% drop in land sale revenues, Goldman Sachs Group Inc. economists said.
Goldman Sachs warns China’s housing overhaul will slash land sale revenues by 30%
Goldman Sachs warns China’s new completed-homes mandate will drive a 30% drop in land sale revenues, deepening local government fiscal strain.
Beijing to Inject Billions Into Banks, Insurers to Boost Growth
The fresh cash injection could help ease a squeeze on margins, bolster safety nets against bad loans and encourage increased lending.
China to pump $54bn into state banks and insurers to boost economy
China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country’s financial system and boost its slowing economy. The cash injection, …
