Despite the drizzling rain and cold weather on Friday, at least 40 people were seen queuing at a branch of Industrial and Commercial Bank of China (ICBC) in Jing’an district in Shanghai to exchange …
FINANCE
China Central Bank Warns of Default Risks After Climate Stress Test
The People’s Bank of China completed the first phase of climate risk stress tests at 23 major banks last year, focusing on the possibility that the three sectors would be forced to pay for their…
Soros Casts Shade On China’s Economy In Most Tantalizing Way
January 23, 2020 in Davos, eastern Switzerland. Investors don’t tend to make a lot of money betting against China’s economy. The financial pages are littered with tales of short-sellers who bet big …
Investors remain conservative on China’s stock market
It is led by Doctor Liu Jing, CKGSB Professor of Accounting and Finance, and CKGSB researcher … understanding of the capital markets in China and abroad using CKGSB’s unique theoretical …
China c.bank warns of default risks after climate stress test
Liu wrote in the bank’s China Finance publication. “The test results showed that if enterprises in the thermal power, steel and cement sectors do not carry out low-carbon transformation, their …
China shares end higher after cities ease mortgage rules
China’s top finance minister vowed to cut corporate tax rates more forcefully, strengthen targeted fiscal spending, and tighten fiscal discipline this year as part of efforts to stabilise the macro …
DOSB to fund holiday for three COVID-19 impacted athletes at Beijing 2022
“For the DOSB’s share, we will finance this attempt at partial compensation from the funds of the SiegerChance lottery, which is already providing training opportunities and logistical support for …
Asian Bank Tracks Projects In India From Space Amid Covid Travel Bans
Since early 2020, when the pandemic prevented AIIB staff from traveling, the Beijing-based bank has used satellite photographs to monitor progress of about 40 projects across the globe. Some can be …
Eileen Gu, Chinese Freestyle Ski Star Born in the U.S., Wins Her Third Medal at Beijing Olympics
Eileen Gu has added another medal to her Beijing collection. The 18-year-old star, who was born and raised in the U.S. to a Chinese mother and American father, won the gold medal in the women’s…
Financial firms must think beyond China AI regulation
For financial institutions in China, AI is no longer a “nice-to-have”. It has become a necessity in order to remain not just competitive but relevant at all in an increasingly digitised world. Its use …
China’s top finance minister vows more fiscal support ahead of party congress
SHANGHAI : China’s top finance minister vowed to cut corporate tax rates more forcefully, strengthen targeted fiscal spending, and tighten fiscal discipline this year as part of efforts to stabilise …
China’s New ‘Robotic Yak’ Will Support Ground Troops, But Its Abilities Appear to Be Overhyped
China has unveiled a four-legged robo-yak that can supposedly carry as much cargo as two real yaks, according to a tabloid linked to the Chinese Communist Party. Upon closer inspection of the …
For the Beijing Olympics, Medal Leaders Reflect World CBDC Leaders
An Update to the Global CBDC Race and How the International Debut of the Digital Yuan at the Winter Games is Pure Olympic Gold …
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