The daily tally of COVID-19 cases in China remained high over the weekend, with 3,803 infections being reported in the Chinese mainland on Sunday, involving 21 provincial-level localities. The Omicron …
FINANCE
China’s financial institutions’ assets up 8.1 pct in 2021
China financial institutions saw expanded balance sheets in 2021 according to official data The country financial institutions s …
China’s Time For Global Leadership
As the world’s second-largest economy with aspirations of national rejuvenation and global leadership – both elements central to the “Chinese Dream” long espoused by – China has two critical …
China to further improve REIT mechanism: regulator
BEIJING – China’s securities regulator said it will work with other government departments to further improve the mechanism on infrastructure real-estate investment trusts (REITs), as part of efforts …
Agricultural Bank of China ups support for major sectors
The Agricultural Bank of China one of the country largest commercial lenders has been increasing its financial support for the c …
Beijing Capitulates: Chinese Stocks Soar, Hong Kong Markets Jump By Most Ever After China Vows To Prop Up Markets
By Tyler Durden On Tuesday, we had a feeling that China would finally do something to arrest the collapse in its local stocks… … and little did we know that just a few hours later…
Why China can’t ride to Russia’s financial rescue
With reports that Russia asked China for armed drones last month to help its assault on Ukraine, many analysts are preoccupied with the idea that Beijing might come to Moscow’s rescue, militarily or …
China’s central bank encourages ‘controllable risks’ in fintech innovation in Alibaba’s home province of Zhejiang
A new government notice aims to improve financial services in an industry hit hard by China’s Big Tech crackdown over the past 16 months The central government has recently signalled renewed efforts …
China pledges financial support for common prosperity pilot in eastern Zhejiang
China has issued guidelines on financial support for a “common prosperity” pilot in the eastern Zhejiang province, the central bank and other authorities said on Friday.China said it will promote …
Don’t aid Russia, Biden tells China’s Xi
Face-to-face by video with Chinese President Xi Jinping, President Joe Biden laid out Friday the stiff consequences China would face from the U.S. if it provides military or economic assistance for …
China’s fiscal revenue up 10.5% in first two months
China’s fiscal revenue registered a year-on-year increase of 10.5 percent in the first two months of the year, official data showed Friday. The country’s fiscal revenue amounted to 4.62 trillion yuan …
6 takeaways from China’s ‘two sessions’ and the economic turmoil that followed
Optimism and vows of stability at Beijing’s annual parliamentary sessions were followed by stock market losses and growing concerns over the Ukraine war’s impact on China From job growth and common …
China cuts income tax for some small firms
China will cut income tax for some small firms to 20% from 25%, the finance ministry said on Friday, as part of steps to ease burdens on small businesses to support the slowing economy. Small…
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