Heavy rain is hampering the search for human remains and the second black box from the plane that crashed into a mountainside in the southern Guangxi region on Monday.
FINANCE
Chinese bank ups loan support for forest carbon sink capacity
China Development Bank, one of the country’s primary policy banks, has stepped up its loan issuance to help promote carbon sink capacity in the forestry sector amid the country’s push for green …
China limits concerns on Ukraine to self-interest
Nearly a month into the Russian invasion of Ukraine, the Chinese appear barely interested in the crisis. While the world has noticed Beijing’s absence from the negotiating table, that, experts say, is …
New COVID Lockdowns Bring Into Question China’s Backstop Bid For Oil
China’s decision yesterday to lockdown Shenyang as part of its core ‘zero-COVID’ strategy again brings into question its ability to continue to act as the world’s backstop bid for crude oil …
China’s special transfer payments should not serve land reserve: vice finance minister
China’s vice finance minister said on Wednesday the special transfer payments by the central government to local governments should not be used on land reserve and shanty-town redevelopment …
China expected robust economic growth in 2022. It hasn’t started out that way.
Uncertainty from the war in Ukraine, the new covid outbreak and regulatory crackdowns spooked foreign investors and slowed President Xi Jinping’s reform agenda …
China Eastern Airlines Flight 5735: world leaders express sympathy for crash victims
The crash of China Eastern Airlines Flight 5735 on Monday with 132 people on board has prompted condolences from around the world. Russian President Vladimir Putin expressed his sympathy via a Weibo …
Jointly Released by Tricor China and the Tsinghua University PBC School of Finance (Tsinghua PBCSF), ‘China Hedge Fund Report 2022’ Provides
Including an Assessment of the Market Landscape, the Boom of the Private Fund Sector, and Recommendations for Foreign Investors Looking to Leverage the Burgeoning OpportunitiesHONG KONG SAR–(BUSINESS …
China’s yuan slips to 1-week low on shrinking yield advantage, COVID concerns
China’s yuan eased to a one-week low against the dollar on Wednesday, as widening monetary policy divergence with other major economies undermined China’s yield advantage and prompted some investor …
Govt gets financial relief as China rolls over $4.2b debt
ISLAMABAD: Finance Minister Shaukat Tarin on Tuesday said that China has agreed to rollover $4.2 billion debt that was maturing this week, providing a major financial relief to th …
China plans larger VAT rebates to boost vitality of market entities
Chinese authorities have issued a circular clarifying relevant policies to increase the scale of value-added tax (VAT) credit refunds, to support the development of small businesses and manufacturing …
Nations urged to stabilize finance sector amid risks
Expert: Possibility of global economic recession increases amid tightening liquidity, rising prices Emerging markets must step up efforts to maintain financial stability as global economic and …
Research reveals poorest nations to pay China USD 14 billion to service debts in 2022
Beijing: A new research has found that the world’s poorest nations will pay China and its lenders almost $14 billion this year in debt servicing costs.
