The financial woes of the giant real estate developer Evergrande, which carries an estimated debt of $300 billion, have rekindled global fears that China’s property bubble is about to burst.
FINANCE
China to Set Up Financial Stability Fund, Steady Home Prices
China plans to set up a financial stability fund and adopt measures to keep housing prices stable, as policy makers ramp up efforts to prevent systemic risks. “A fund for ensuring financial stability …
The First Financial War
The lesson of the Ukraine conflict so far is Russia has concentrated on ‘old fashioned combat’ while as the West has excelled in information warfare (and now in prosecuting a campaign to cut Russia …
China’s bond market saw 4.51 trln yuan issued in January
The total bond issuance in China stood at 4.51 trillion yuan (about 712.6 billion U.S. dollars) in January, data from the central bank shows. The issuance of treasury bonds reached 466 billion yuan, …
China’s tax refunds, cuts to reach record high in 2022: minister
Minister of Finance Liu Kun attends an interview via video link after the opening meeting of the fifth session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 5, 2022.
China’s finance minister: Tax and fee cuts will release enterprises’ burden
Tax and fee cuts will release enterprises’ burden, China’s Finance Minister Liu Kun said at the “Ministers’ Corridor” after the opening meeting of the fifth session of the 13th National People’s …
China aims to boost big-bank loans to small business over 40per cent in 2022
China aims to boost lending to small businesses from large commercial banks by over 40per cent this year, Premier Li Keqiang told the annual meeting of parliament on Saturday.The government will urge …
China’s 2022 Budget: A Breakdown of the Key Numbers
China’s government plans to increase spending in 2022 to shore up a slowing economy but also cut the budget deficit, with the government drawing on savings from previous years to pay for the rise in…
China will reserve some policy room to cope with future risks, finance minister says
BEIJING — China will reserve some policy room to cope with future risks and challenges, finance minister Liu Kun said on the sidelines of the National People’s Congress on Saturday. We apologize, but …
China will reserve some policy room to cope with future risks, finance minister says
BEIJING — China will reserve some policy room to cope with future risks and challenges, finance minister Liu Kun said on the sidelines of the National People’s Congress on Saturday. We apologize, but …
China Vows to Continue Its Crackdown on Industry Monopolies
China will continue its crackdown on monopolies to ensure fair competition, Premier Li Keqiang said in a report released ahead of the start of the annual session of parliament on Saturday. Li also …
China Vows to Continue Its Crackdown on Industry Monopolies
China will continue its crackdown on monopolies to ensure fair competition, Premier Li Keqiang said in a report released ahead of the start of the annual session of parliament on Saturday. Li also …
China to Set Up Financial Stability Fund, Stabilize Home Prices
China plans to set up a financial stability fund and adopt measures to keep housing prices stable, as policy makers ramp up efforts to prevent systemic risks.
