The China-backed Asian Infrastructure Investment Bank (AIIB) has said that it has put on hold and is reviewing all activities relating to Russia and Belarus in the wake of the current conflict in …
FINANCE
China’s AG600 large amphibious aircraft gets financial-leasing support
The development of China’s AG600 large amphibious aircraft has gained support from the financial-leasing sector, the Aviation Industry Corporation of China (AVIC) announced Thursday. China Aviation …
China capable of forestalling systemic financial risks: central bank
China has the confidence, conditions, and capability to ensure no systemic financial risks arise due to consistent efforts to prevent and resolve these risks, said the central bank Thursday. Risks …
China-led Asian Infrastructure Investment Bank freezes Russia lending
Asian Infrastructure Investment Bank (AIIB) said on Thursday it has put all activities relating to Russia and Belarus on hold and under review in the wake of the current conflict in Ukraine.
China’s central bank expects to reduce number of high-risk banks to under 200 by 2025
China’s central bank said on Thursday that it expects to reduce the number of high-risk banks to under 200 by 2025, as the country makes efforts to defuse financial risks and seek stability. The numbe…
How China will steer stable economy with 2022 instabilities: economist
China’s high-level meeting on the economy last December said the year 2022 is all about stability, noting the country would be facing a three-fold challenge domestically of contraction of demand, …
Tennis-WTA’s stance over China’s Peng paves way for Hologic deal – report
Peng’s well-being became a matter of concern among the global tennis community when she appeared to allege that a former Chinese vice premier, Zhang Gaoli, had sexually assaulted her in the past. In …
CGTN: Beijing Winter Paralympic Games reflect more than just sports
Promoting sports for persons with disabilities has become an integral part of China’s drive to help the country’s disabled. Hosting the 2022 Winter Paralympic Games will create more opportunities for …
Exclusive – Russian Firms Rush to Open Chinese Bank Accounts as Sanctions Bite – Sources
The Moscow branch of a Chinese state bank has seen a surge in enquiries from Russian firms wanting to open new accounts, a person familiar with the matter said, as the country’s businesses struggle …
China stocks end lower as services activity growth slows, HSBC lifts Hang Seng
China stocks closed lower on Thursday, as investor appetite was dampened after a survey showed services sector activity in February had expanded at the slowest pace in six months amid the government’s …
Everything you need to know about China’s economy as Xi Jinping eyes up third term
CHINA’S economy has slowed dramatically over the past six months, with policymakers expected to announce a raft of stabilising measures at the National People’s Congress this weekend.
IPC’s Beijing decision will lead to ‘a lot of boycotts’
The IPC has been strongly criticised for its decision to let athletes from Russia and Belarus take part as neutrals.
China is provoking India at every turn, says US diplomat
India’s relationship with China is right now going through a very difficult phase after Beijing violated agreements not to bring the military forces to the eastern Ladakh border.
